Gouverneur Bancorp, Inc./MD/
For the period ended Jun 30, 2026. Filed Aug 13, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 13, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2026-03-31; filed 2026-05-12.
0001104659-26-059375
Item 1A. Risk FactorsCurrent report: 10-Q
Period ended 2026-06-30; filed 2026-08-13.
0001104659-26-095878
Item 1A. Risk FactorsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 4 previous paragraphs and 2 current paragraphs.
1 unchanged; 1 reworded; 0 added; 2 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Removed paragraphs (2)
Previous report
Regulatory approvals related to our pending application for the Bank’s conversion to a national banking association charter, as well as our pending application for the merger of GS&L Municipal Bank with and into the Bank immediately following the completion of the charter conversion transaction, may not be approved, may take longer to receive than expected or may impose burdensome conditions that are not presently anticipated, which could impose additional costs and/or delay or prevent the completion of the proposed charter conversion and/or the proposed bank merger.
Previous report
On March 27, 2026, the Bank filed (i) an application with the OCC to convert from a New York chartered stock savings and loan association to a national banking association (the “Charter Conversion”) and (ii) an application with the OCC to merge GS&L Municipal Bank with and into the Bank, with the Bank continuing as the surviving institution, immediately following the effective time of the Charter Conversion. In connection with the Charter Conversion, the Company will also file an application with the Federal Reserve Bank of New York to convert from a savings and loan holding company to a bank holding company. The Charter Conversion and Bank Merger each remain subject to regulatory approval by the OCC and the Federal Reserve, as applicable, and no timeline has been established for the completion of the Charter Conversion and/or the Bank Merger. There can be no assurance as to whether the regulatory approvals will be received, or the timing of the approvals, with respect to the Charter Conversion or Bank Merger. In addition, governmental entities may impose conditions on the completion of the Charter Conversion and/or the Bank Merger or require changes to the terms of the proposed Charter Conversion and/or Bank Merger. Any such conditions or changes could have the effect of delaying completion of the proposed Charter Conversion and/or Bank Merger or imposing additional costs on or limiting the revenues of the Company following the completion of the Charter Conversion and/or Bank Merger, any of which might have a material adverse effect on the Company following the completion of the Charter Conversion and/or Bank Merger.
Reworded paragraphs (1)
Previous wording
For information regarding the Company’s risk factors, refer to the*“Risk Factors”* in Item 1A of the Company’s Annual Report on Form 10-K for the year ended September 30, 2025, filed with the Securities and Exchange Commission on December 19, 2025. Except as set forth below, as of March 31, 2026, the risk factors of the Company have not changed materially from those disclosed in the Form 10-K.
Current wording
For information regarding the Company’s risk factors, refer to the*“Risk Factors”* in Item 1A of the Company’s Annual Report on Form 10-K for the year ended September 30, 2025, filed with the Securities and Exchange Commission on December 19, 2025. As of June 30, 2026, the risk factors of the Company have not changed materially from those disclosed in the Form 10-K.