For the quarter ending 2025-12-31, GCBC made $62,126,000 in revenue. $10,292,000 in net income. Net profit margin of 16.57%.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Loans | 22,413,000 | 21,973,000 | 19,994,750 | |
| Investment securities - tax exempt | 5,422,000 | 5,266,000 | 4,912,000 | |
| Investment securities - taxable | 4,752,000 | 3,910,000 | 3,643,500 | |
| Interest-bearing deposits and federal funds sold | 910,000 | 474,000 | 876,000 | |
| Total interest income | 33,497,000 | 31,623,000 | 29,426,250 | |
| Interest on deposits | 13,925,000 | 13,363,000 | 13,764,500 | |
| Interest on borrowings | 513,000 | 740,000 | 631,500 | |
| Total interest expense | 14,438,000 | 14,103,000 | 14,396,000 | |
| Net interest income | 19,059,000 | 17,520,000 | 15,030,250 | |
| Provision for credit losses | 199,000 | 1,257,000 | 329,000 | |
| Net interest income after provision for credit losses | 18,860,000 | 16,263,000 | 14,701,250 | |
| Service charges on deposit accounts | 1,306,000 | 1,298,000 | 1,218,500 | |
| Debit card fees | 1,103,000 | 1,100,000 | 1,095,500 | |
| Investment services | 271,000 | 277,000 | 272,000 | |
| E-commerce fees | 29,000 | 27,000 | 27,500 | |
| Bank-owned life insurance | 674,000 | 652,000 | 636,250 | |
| Net loss on sale of securities available-for-sale | -576,000 | - | -166,250 | |
| Other operating income | 349,000 | 632,000 | 724,750 | |
| Total noninterest income | 3,156,000 | 3,986,000 | 3,808,250 | |
| Salaries and employee benefits | 6,223,000 | 6,156,000 | 6,103,750 | |
| Occupancy expense | 656,000 | 653,000 | 657,250 | |
| Equipment and furniture expense | 214,000 | 205,000 | 197,750 | |
| Service and data processing fees | 781,000 | 787,000 | 732,750 | |
| Computer software, supplies and support | 558,000 | 440,000 | 407,750 | |
| Advertising and promotion | 147,000 | 100,000 | 121,500 | |
| Fdic insurance premiums | 370,000 | 367,000 | 343,250 | |
| Legal and professional fees | 479,000 | 406,000 | 338,250 | |
| Other | 1,031,000 | 947,000 | 940,750 | |
| Total noninterest expense | 10,459,000 | 10,061,000 | 9,843,000 | |
| Income before provision for income taxes | 11,557,000 | 10,188,000 | 8,666,500 | |
| Provision for income taxes | 1,265,000 | 1,318,000 | 882,000 | |
| Net income | 10,292,000 | 8,870,000 | 7,784,500 | |
| Basic average shares outstanding (in shares) | 17,026,828 | 17,026,828 | 4,256,707 | |
| Basic earnings per share (in dollars per share) | 0.6 | 0.52 | 0.458 | |
| Diluted average shares outstanding (in shares) | 17,026,828 | 17,026,828 | 4,256,707 | |
| Diluted earnings per share (in dollars per share) | 0.6 | 0.52 | 0.458 | |
GREENE COUNTY BANCORP INC (GCBC)
GREENE COUNTY BANCORP INC (GCBC)