GREENE COUNTY BANCORP INC
For the period ended Dec 31, 2025. Filed Feb 6, 2026.
View on SEC.govAbout this filing
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.
Dec 31, 2025 · Filed Feb 6, 2026
GCBC$35.82-1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
* Consolidated Statements of Income
For the Three and Six Months Ended December 31, 2025 and 2024
(In thousands, except share and per share amounts)
| For the three months endedDecember 31, | For the six months endedDecember 31, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Interest income: | ||||
| Loans | $22,413 | $19,480 | $44,386 | $38,723 |
| Investment securities - tax exempt | 5,422 | 4,943 | 10,688 | 9,411 |
| Investment securities - taxable | 4,752 | 3,598 | 8,662 | 6,967 |
| Interest-bearing deposits and federal funds sold | 910 | 1,397 | 1,384 | 2,086 |
| Total interest income | 33,497 | 29,418 | 65,120 | 57,187 |
| Interest expense: | ||||
| Interest on deposits | 13,925 | 14,738 | 27,288 | 28,544 |
| Interest on borrowings | 513 | 612 | 1,253 | 1,439 |
| Total interest expense | 14,438 | 15,350 | 28,541 | 29,983 |
| Net interest income | 19,059 | 14,068 | 36,579 | 27,204 |
| Provision for credit losses | 199 | 478 | 1,456 | 1,112 |
| Net interest income after provision for credit losses | 18,860 | 13,590 | 35,123 | 26,092 |
| Noninterest income: | ||||
| Service charges on deposit accounts | 1,306 | 1,273 | 2,604 | 2,499 |
| Debit card fees | 1,103 | 1,063 | 2,203 | 2,164 |
| Investment services | 271 | 252 | 548 | 500 |
| E-commerce fees | 29 | 34 | 56 | 71 |
| Bank-owned life insurance | 674 | 637 | 1,326 | 1,285 |
| Net loss on sale of securities available-for-sale | (576) | - | (576) | - |
| Other operating income | 349 | 616 | 981 | 1,093 |
| Total noninterest income | 3,156 | 3,875 | 7,142 | 7,612 |
| Noninterest expense: | ||||
| Salaries and employee benefits | 6,223 | 5,653 | 12,379 | 11,531 |
| Occupancy expense | 656 | 615 | 1,309 | 1,251 |
| Equipment and furniture expense | 214 | 193 | 419 | 343 |
| Service and data processing fees | 781 | 773 | 1,568 | 1,540 |
| Computer software, supplies and support | 558 | 404 | 998 | 759 |
| Advertising and promotion | 147 | 127 | 247 | 204 |
| FDIC insurance premiums | 370 | 347 | 737 | 669 |
| Legal and professional fees | 479 | 245 | 885 | 609 |
| Other | 1,031 | 1,029 | 1,978 | 2,030 |
| Total noninterest expense | 10,459 | 9,386 | 20,520 | 18,936 |
| Income before provision for income taxes | 11,557 | 8,079 | 21,745 | 14,768 |
| Provision for income taxes | 1,265 | 589 | 2,583 | 1,017 |
| Net income | $10,292 | $7,490 | $19,162 | $13,751 |
| Basic and diluted earnings per share | $0.60 | $0.44 | $1.13 | $0.81 |
| Basic and diluted average shares outstanding | 17,026,828 | 17,026,828 | 17,026,828 | 17,026,828 |
See notes to consolidated financial statements
Index
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.