Its internet address is www.pathfinderbank.com.& & The partnership currently operates a low-income residential housing facility. Environmental due diligence is generally conducted for commercial real estate loans.& & The Bank is now also assisting borrowers with the loan forgiveness phase of the process. Accordingly, the volume of loan originations may vary from period to period. A consumer final demand letter is sent in the case of a consumer loan.& & Management performs a quarterly evaluation of the adequacy of the allowance.& & We regularly monitor the credit quality of this portfolio. The Company paid $783,000 in origination and legal fees as part of this transaction.& & A bank may also exercise trust powers upon approval of the NYSDFS.& & Standards for Safety and Soundness. Business and Investment Activities.& & Federal law permits certain exceptions to these limitations. The credits were completed as of September 30, 2020.& & As of December 31, 2020, Pathfinder Bank was in compliance with this requirement. Regulations implementing the exemption were effective in May 2015. BHCs that meet these Qualitative Requirements are determined to be "Qualifying BHCs".& & ITEM 1A: RISK FACTORS Not required of a smaller reporting company.