# EDGAR Filing Document

**Accession Number:** 0002087419
**File Stem:** 0001104659-26-051131
**Filing Date:** 2026-4
**Character Count:** 8863
**Document Hash:** 0e560c7f58a63744333eadad3267a7a6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-051131.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001104659-26-051131

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20260429

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PSB Financial, Inc.
- **CENTRAL INDEX KEY:** 0002087419
- **STANDARD INDUSTRIAL CLASSIFICATION:** SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-290457
- **FILM NUMBER:** 26911626

**BUSINESS ADDRESS:**
- **STREET 1:** 202 NORTH MAIN STREET
- **CITY:** DEER LODGE
- **STATE:** MT
- **ZIP:** 59722
- **BUSINESS PHONE:** 406-846-2202

**MAIL ADDRESS:**
- **STREET 1:** 833 E MICHIGAN STREET
- **STREET 2:** SUITE 1800
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

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| | | |
|:---|:---|:---|
| Date of report (Date of earliest event reported): April 29, 2026 | Date of report (Date of earliest event reported): April 29, 2026 | Date of report (Date of earliest event reported): April 29, 2026 |
| **PSB Financial, Inc.** | **PSB Financial, Inc.** | **PSB Financial, Inc.** |
| (Exact name of registrant as specified in its charter) | (Exact name of registrant as specified in its charter) | (Exact name of registrant as specified in its charter) |
| **Maryland** | **333-290457** | **39-4296886** |
| (State or other jurisdiction of<br> incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| **202 North Main Street**<br> **P.O. Box 191**<br> **Deer Lodge, Montana 59722** | **202 North Main Street**<br> **P.O. Box 191**<br> **Deer Lodge, Montana 59722** | **202 North Main Street**<br> **P.O. Box 191**<br> **Deer Lodge, Montana 59722** |
| (Address of principal executive offices, including zip code) | (Address of principal executive offices, including zip code) | (Address of principal executive offices, including zip code) |
| **(406) 846-2202** | **(406) 846-2202** | **(406) 846-2202** |
| (Registrant's telephone number, including area code) | (Registrant's telephone number, including area code) | (Registrant's telephone number, including area code) |

---

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below):

□ Written communications pursuant
 to Rule 425 under the Securities Act (17 CFR 230.425)

□ Soliciting material pursuant to Rule 14a-12 under
 the Exchange Act (17 CFR 240.14a-12)

□ Pre-commencement communications pursuant to Rule 14d-2(b) under
 the Exchange Act (17 CFR 240.14d-2(b))

□ Pre-commencement communications pursuant to Rule 13e-4(c) under
 the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Title of each class | &nbsp;&nbsp;Trading Symbol(s) | &nbsp;&nbsp;Name of each exchange on which registered |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ⌧

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

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| | |
|:---|:---|
| **Item 8.01** | **Other Events.** |

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On April 29, 2026, PSB Financial, Inc., the proposed holding company of Pioneer State Bank, issued a press release announcing it has completed the subscription offering conducted in connection with the proposed conversion of Pioneer Federal Savings and Loan Association from the mutual form of organization to the stock form of organization. A copy of the press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.

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| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.** |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits

[99.1](tm2613005d1_ex99-1.htm) [Press Release dated April 29, 2026](tm2613005d1_ex99-1.htm) <br>104 Cover Page Interactive Data File (embedded with the Inline XBRL document)

**<u>SIGNATURES</u>**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | PSB Financial, Inc. | PSB Financial, Inc. |
| Dated: April 29, 2026 | By: | /s/ Phillip K. Willett |
|  |  | Phillip K. Willett |
|  |  | President and Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

<u>Contact:</u>

Phillip K. Willett

President & Chief Executive Officer

(406) 683-5191

**PSB FINANCIAL, INC. ANNOUNCES MEMBER APPROVAL OF PLAN OF CONVERSION AND EXPECTED CLOSING DATE OF CONVERSION**

Deer Lodge, MT: April 29, 2026 – PSB Financial, Inc. (the "Company"), the proposed holding company for Pioneer State Bank, successor to Pioneer Federal Savings and Loan Association, announced that it has completed the subscription offering (the "Subscription Offering") conducted in connection with the conversion of Pioneer Federal Savings and Loan Association (the "Bank") from the mutual form of organization.

The Company is currently processing the orders received and will provide additional information as soon as it is available. The number of shares to be sold in connection with the stock offering and conversion will be based on a final appraisal and receipt of final regulatory approvals. There will be no additional offerings pursuant to the Plan of Conversion.

The Stock Information Center is open Monday through Friday, between 9:00 a.m. and 3:00 p.m., Mountain time, except on bank holidays, should any additional information be needed.

The Company also announced today that the members of Pioneer Federal Savings and Loan Association approved the Plan of Conversion. The completion of the stock offering and conversion remains subject to final regulatory approvals and the satisfaction of customary closing conditions. Closing and trading are expected in mid May.

Keefe, Bruyette & Woods, Inc., *A Stifel Company*, is serving as marketing agent in the Subscription Offering and served as financial advisor to the Company and the Bank in connection with the conversion. Godfrey & Kahn, S.C. is serving as legal counsel to the Company and the Bank. Nutter McClennen & Fish LLP is serving as legal counsel to Keefe, Bruyette & Woods, Inc., *A Stifel Company.*

**About Pioneer Federal Savings and Loan Association**

The Bank is a state chartered mutual savings and loan association that conducts business from their main office in Deer Lodge, Montana and a branch office in Dillon, Montana. At December 31, 2025, the Bank had assets of $120 million and deposits of $92.7 million.

**Special Notice Regarding the Common Stock**

***This press release is neither an offer to sell nor a solicitation of an offer to buy common stock. The offer is made only by the Prospectus when accompanied by a stock order form. The shares of common stock are not deposits or savings accounts and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agent.***

**Forward-Looking Statements**

This press release may contain forward-looking statements about the conversion and stock offering which may be identified by the use of words such as "estimate," "project," "believe," "intend," "anticipate," "assume," "plan," "seek," "expect," "may," "should," "indicate," "would," "believe," "contemplate," "continue," "target," and words of similar meaning.

Forward-looking statements are inherently subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from the anticipated results, include but are not limited to, that risk that the stock offering and conversion may not be timely completed, if at all, that required regulatory and member approvals are not timely received, if at all, or that other customary closing conditions are not satisfied in a timely manner, if at all.