ESSA Bancorp, Inc.

Overview

• IndustrySavings Institutions, Not Federally Chartered¹
• HeadquartersStroudsburg, Pennsylvania¹
• Business address200 Palmer Street, Stroudsburg, Pa 18360²
• Filer categoryNon-accelerated filer, Smaller reporting company²

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ESSA Bancorp, Inc. (“ESSA Bancorp” or the “Company”) is a Pennsylvania-chartered holding company for ESSA Bank & Trust (the “Bank”). ESSA Bancorp owns 100% of the outstanding shares of common stock of the Bank. Since being formed in 2006, ESSA Bancorp has engaged primarily in the business of holding the common stock of the Bank. Our executive offices are located at 200 Palmer Street, Stroudsburg, Pennsylvania 18360. Our telephone number at this address is (855) 713-8001. ESSA Bancorp is subject to comprehensive regulation and examination by the Federal Reserve Board of Governors. At September 30, 2024, ESSA Bancorp had consolidated assets of $2.2 billion, consolidated deposits of $1.6 billion and consolidated stockholders’ equity of $230.4 million. Consolidated net income for the fiscal year ended September 30, 2024 was $17.0 million.⁴ From its latest annual report

Corporate structure

ESSA Bancorp, Inc. sits at the top of its group. 7 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What ESSA Bancorp, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Investments

Intangibles and goodwill

Properties, in its own words

At September 30, 2024, the Company and the Bank conducted our business through 21 full-service branch offices located in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Chester, Delaware and Montgomery Counties, Pennsylvania. We own 13 properties and lease 12 properties inclusive of the 21 full service-branch offices referred to above. On October 1, 2024 the Haverford office, located in Delaware County, was closed.

The net book value of our premises, land and equipment was $11.3 million at September 30, 2024.

Item 2 of the 10-K filed Dec 13, 2024.⁴

Leadership

Who has led ESSA Bancorp, Inc., and when. Pick a name to see everywhere that person has worked.

• Chief executive officerGary S. Olson Apr 3, 2007 to now¹⁵
• PresidentGail Warner V. Nov 2, 2015 to Dec 15, 2016¹⁶
• PresidentGary S. Olson Apr 3, 2007 to Nov 2, 2015¹⁵
• Chief financial officerAllan A. Muto Apr 3, 2007 to now¹⁷
• Chief operating officerPeter A. Gray Oct 4, 2022 to now¹⁸
• Chief operating officerCharles Hangen Dec 15, 2016 to Oct 4, 2021¹⁹

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

• ESSA Advisory Services, LLC Pennsylvania (indirect)³
• ESSA Bank & Trust Pennsylvania (direct)³
• ESSACOR, Inc. Pennsylvania (indirect)³
• Integrated Abstract Incorporated Pennsylvania (indirect) (Subsidiary of Integrated Financial Corporation)³
• Integrated Financial Corporation Pennsylvania (indirect)³
• Pocono Investment Company Delaware (indirect)³

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

1. Jul 24, 20258-K Completed an acquisition or sale; Listing notice or transfer; Change to shareholders' rights⁴⁵
2. Jun 30, 20258-K Other events⁴⁶
3. Apr 24, 20258-K Results of operations⁴⁷
4. Apr 15, 20258-K Shareholder vote⁴⁸
5. Apr 9, 20258-K Other events⁴⁹
6. Jan 30, 20258-K Results of operations⁵⁰
7. Jan 10, 20258-K Entered a material agreement; Executive or director change; Other events⁵¹
8. Dec 11, 20248-K Executive or director change⁵²
9. Oct 24, 20248-K Results of operations⁵³
10. Jul 25, 20248-K Results of operations⁵⁴
11. Apr 25, 20248-K Results of operations⁵⁵
12. Mar 7, 20248-K Regulation FD disclosure⁵⁶
13. Apr 3, 2007New chief executive Gary S. Olson becomes CEO¹⁵

Calendar

When it reported results

1. Apr 24, 2025Reported quarterly or annual results⁴⁷
2. Jan 30, 2025Reported quarterly or annual results⁵⁰
3. Oct 24, 2024Reported quarterly or annual results⁵³
4. Jul 25, 2024Reported quarterly or annual results⁵⁴
5. Apr 25, 2024Reported quarterly or annual results⁵⁵
6. Jan 25, 2024Reported quarterly or annual results⁵⁷
7. Oct 26, 2023Reported quarterly or annual results⁵⁸
8. Jul 27, 2023Reported quarterly or annual results⁵⁹

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

161 filings to the SEC since October 2021: 5 annual reports, 11 quarterly reports, 32 major events, 84 insider forms, 14 large holders, 15 other. The latest 20:

1. Aug 13, 2025SCHEDULE 13G/A EDGAR
2. Aug 4, 202515-12G EDGAR
3. Jul 24, 20254 EDGAR
4. Jul 24, 20254 EDGAR
5. Jul 24, 20254 EDGAR
6. Jul 24, 20254 EDGAR
7. Jul 24, 20254 EDGAR
8. Jul 24, 20254 EDGAR
9. Jul 24, 20254 EDGAR
10. Jul 24, 20254 EDGAR
11. Jul 24, 20254 EDGAR
12. Jul 24, 20254 EDGAR
13. Jul 24, 20254 EDGAR
14. Jul 24, 2025S-8 POS EDGAR
15. Jul 24, 2025S-8 POS EDGAR
16. Jul 24, 2025S-8 POS EDGAR
17. Jul 24, 20258-K EDGAR
18. Jul 24, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
19. Jul 24, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
20. Jul 24, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

15 open-market trades by officers, directors and large owners since October 2021: 13 buys and 2 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• FJ Capital Management LLCSCHEDULE 13G/A, 6 filings Feb 10, 2022 to Aug 13, 2025⁶⁰
• BlackRockSCHEDULE 13G/A, 3 filings Oct 18, 2024 to Feb 5, 2025⁶¹
• ESSA Bank & Trust Employee Stock Ownership Plan TrustSCHEDULE 13G, 1 filing Feb 5, 2025⁶²
• DIMENSIONAL FUND ADVISORS LPSC 13G/A, 1 filing Feb 8, 2022⁶³

SEC filer profile

How ESSA Bancorp, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARESSA Bancorp, Inc.¹
• CIK0001382230
• Employer ID (EIN)20-8023072⁴
• Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company⁴
• Incorporated inPennsylvania⁴
• Fiscal year endsSeptember 30¹
• Industry code (SIC)6036 Savings Institutions, Not Federally Chartered¹
• SEC reviewing officeOffice of Finance, Division of Corporation Finance¹
• Business address200 Palmer Street, Stroudsburg, PA 18360¹
• Phone(570) 421-0531¹
• Shares outstanding10,154,664 as of May 7, 2025¹²
• Public float$170.9M as of Mar 31, 2024⁴
• AuditorS.R. Snodgrass, P.C., Conshohocken, Pennsylvania PCAOB ID 74; no auditor attestation of internal control over financial reporting⁴
• On EDGAR sinceDec 7, 2006¹
• Filings943 in all: 4 (495), 8-K (191), 10-Q (56), SC 13G/A (38), 3 (25), 10-K (18), 11-K (18), DEF 14A (17)¹
  All 32 form types

  SC 13G (14), CORRESP (12), UPLOAD (11), 425 (7), 4/A (5), SCHEDULE 13G/A (5), 424B3 (3), 8-K/A (3), S-1/A (3), S-8 (3), S-8 POS (3), 10-K/A (2), EFFECT (2), SCHEDULE 13G (2), 10-Q/A (1), 15-12G (1), 25-NSE (1), 8-A12B (1), CERTNAS (1), DEFM14A (1), NT 11-K (1), S-1 (1), S-4 (1), SE (1)

• Latest filingsAnnual report (10-K) Dec 13, 2024
  Quarterly report (10-Q) May 9, 2025
  Proxy statement (DEF 14A) Jan 25, 2024
  Latest 8-K (8-K) Jul 24, 2025

Securities registered for trading

From the cover page of the 10-K filed Dec 13, 2024 (Section 12(b) of the Exchange Act).⁴

Risk factors and legal proceedings

The risks ESSA Bancorp, Inc. names in Item 1A of its 10-K filed Dec 13, 2024: 14 risks under these headings, as written.⁴

• Economic and Market Area
• Changes in economic conditions, in particular an economic slowdown in the markets we operate in, could materially and negatively affect our business.
• Inflationary pressures and rising prices may affect our results of operations and financial condition.
• Concentration of Loans in Our Primary Market Area May Increase the Risk of Increased Nonperforming Assets.
• Strong Competition Within Our Market Areas May Limit Our Growth and Profitability.
• The Soundness of Other Financial Services Institutions May Adversely Affect Our Credit Risk.
• Interest Rate and Asset Quality
• Future Changes in Interest Rates Could Reduce Our Profits.
• A significant portion of our assets consists of investment securities, which generally have lower yields than loans, and we classify a significant portion of our investment securities as available for sale, which creates potential volatility in our equity and may have an adverse impact on our net income.
• Our Continued Emphasis on Commercial Real Estate Lending Increases Our Exposure to Increased Lending Risks.
• Increases to the Allowance for Credit Losses May Cause Our Earnings to Decrease.
• Source of Funds

Legal proceedings

The Company and its subsidiaries are subject to various legal actions arising in the normal course of business. In the opinion of Management, the resolution of these legal actions is not expected to have a material adverse effect on the Company’s results of operations. The Company and its subsidiary, ESSA Bank and Trust (“ESSA B&T”) were named as defendants, among others, in an action commenced on December 8, 2016 by one plaintiff who sought to pursue the suit as a class action on behalf of the entire class of people similarly situated. The plaintiff alleged that a subsidiary of a bank previously acquired by the Company received unearned fees and kickbacks in the process of making loans, in violation of the Real Estate Settlement Procedures Act. In an order dated January 29, 2018, the district court granted the defendants’ motion to dismiss the case. The plaintiff appealed the court’s ruling. In an opinion and order dated April 26, 2019, the appellate court reversed the district court’s order dismissing the plaintiff’s case against the Company and remanded the case to the district court in order to continue the litigation. The litigation is now proceeding before the district court. On December 9, 2019, the court permitted an amendment to the complaint to add two new plaintiffs to the case asserting similar claims. On May 21, 2020, the court granted the plaintiffs’ motion for class certification. Fact and expert discovery were completed, and the Company and ESSA B&T filed motions seeking to have the case dismissed (in whole or in part) and/or the class de-certified, as well as for other relief. Plaintiffs opposed the motions. On August 18, 2023 the Court granted the motions to dismiss as to the Company and ESSA B&T, with the result that the only remaining defendant is a now-dissolved former wholly-owned subsidiary of a previously-acquired company.

The opening of Item 3, Legal Proceedings.⁴