For the quarter ending 2025-12-31, GOVB made $4,737K in revenue. $287K in net income. Net profit margin of 6.06%.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Other short-term investments | - | 28 | 32 | |
| Loans, net | 1,825 | 1,713 | 1,720 | |
| Securities-taxable | 262 | 295 | 290 | |
| Securities-non-taxable | 132 | 129 | 128 | |
| Other short-term investments | 21 | - | - | |
| Total interest income | 2,240 | 2,165 | 2,170 | |
| Deposits | 348 | 386 | 360 | |
| Net swap income on deposit hedge | - | 3 | - | |
| Borrowings - short term and long term | 63 | 3 | - | |
| Total interest expense | 411 | 386 | 360 | |
| Net interest income | 1,829 | 1,779 | 1,810 | |
| Provision (benefit) for credit losses - loans | 14 | 17 | 9 | |
| Provision for credit losses - unfunded commitments | - | -2 | 3 | |
| Provision (benefit) for credit losses - unfunded commitments | -1 | - | - | |
| Net interest income after provision for credit losses | 1,816 | 1,764 | 1,798 | |
| Service charges | 93 | 80 | 81 | |
| Atm card fees | -65 | -67 | -72 | |
| Realized gain on sales of securities - afs | - | 4 | - | |
| Realized gain on sales of equity securities | - | 18 | - | |
| Gain on life insurance death benefit | 103 | - | - | |
| Earnings on investment in life insurance | 48 | 42 | 43 | |
| Earnings (losses) on deferred fees plan | 23 | 13 | 28 | |
| Unrealized loss on swap agreements | - | -3 | 0 | |
| Earnings on secondary market programs | 12 | 12 | 9 | |
| Other non-interest income | 1 | 26 | 23 | |
| Total non-interest income, net | 345 | 266 | 256 | |
| Salaries and employee benefits | 899 | 867 | 842 | |
| Directors fees | 94 | 90 | 82 | |
| Earnings (losses) on deferred fees plan | 23 | 13 | 28 | |
| Building, occupancy and equipment | 242 | 239 | 218 | |
| Data processing | 105 | 102 | 100 | |
| Postage and supplies | 22 | 28 | 28 | |
| Professional fees | 150 | 162 | 180 | |
| Intangibles amortization | 81 | 92 | 93 | |
| Foreclosed assets, net | -18 | 2 | 18 | |
| Other non-interest expense | 256 | 260 | 197 | |
| Total non-interest expenses, net | 1,854 | 1,855 | 1,786 | |
| Income before income tax expense (benefit) | 307 | 175 | 268 | |
| Income tax expense (benefit) | 20 | 3 | 51 | |
| Net income | 287 | 172 | 217 | |
| Earnings per share, basic | 0.28 | 0.167 | 0.22 | |
| Earnings per share, diluted | 0.28 | 0.167 | 0.22 | |
| Weighted average number of shares outstanding, basic | 1,032,000 | 6,000 | 1,006,000 | |
| Weighted average number of shares outstanding, diluted | 1,032,000 | 6,000 | 1,006,000 | |
Gouverneur Bancorp, Inc. MD (GOVB)
Gouverneur Bancorp, Inc. MD (GOVB)