For the quarter ending 2025-12-31, GOVB had $50K increase in cash & cash equivalents over the period. $445K in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | 287 | 238 | 495 |
| Provision for credit losses | 13 | 32 | 27 |
| Net amortization of deferred fees on loans | -22 | -19 | -54 |
| Esop shares committed to be released | - | - | 42 |
| Net amortization of securities premiums and discounts | 110 | 131 | 418 |
| Depreciation | 49 | 46 | 151 |
| Deferred income tax expense (benefit) | - | 15 | - |
| Net realized gains on sale of securities available for sale ('afs') | - | 16 | - |
| Net realized gains on sale of equity securities | - | 70 | - |
| Net amortization of core deposits intangible | 81 | 92 | 278 |
| Net realized gains on sale of foreclosed assets | - | 1 | - |
| Esop shares committed to be released | 53 | 42 | - |
| Proceeds from life insurance death benefit | 566 | - | - |
| Gain on life insurance death benefit | 103 | - | - |
| Earnings on investment in bank owned life insurance | 48 | 45 | 125 |
| Stock based compensation expense | 19 | 9 | 15 |
| (increase) decrease in accrued interest receivable and other assets | 453 | -557 | 395 |
| Increase (decrease) in accrued interest payable and other liabilities | 83 | -546 | 507 |
| Net cash provided by operating activities | 459 | 199 | 631 |
| Proceeds from sales of securities (afs) | - | 2,375 | - |
| Proceeds from maturities and principal reductions of securities (afs) | 3,609 | 965 | 3,886 |
| Purchases of securities (afs) | 4,990 | 1,731 | 1,179 |
| Proceeds from sales of equity securities | - | 70 | - |
| Redemptions of fhlb stock | -87 | 296 | -10 |
| Net increase in loans receivable | 1,677 | 5,622 | 1,876 |
| Additions to premises and equipment | 14 | 72 | 105 |
| Proceeds from the sale of foreclosed assets | - | 13 | - |
| Net cash used in investing activities | -2,985 | -4,298 | 736 |
| Net increase (decrease) in deposits | 3,738 | -4,634 | -488 |
| Net change in short-term borrowings | -2,000 | 7,000 | - |
| Advance payments by borrowers for property taxes and insurance, net | 992 | -743 | 761 |
| Repurchase of authorized stock | 60 | 69 | 632 |
| Cash dividends paid to common stock shareholders | 94 | 1 | 173 |
| Net cash provided by financing activities | 2,576 | 1,553 | -532 |
| Net increase in cash and cash equivalents | 50 | -2,546 | 835 |
| Cash and cash equivalents at beginning of period | 4,659 | 6,370 | - |
| Cash and cash equivalents at end of period | 4,709 | 4,659 | - |
Gouverneur Bancorp, Inc. MD (GOVB)
Gouverneur Bancorp, Inc. MD (GOVB)