Greene County Bancorp, Inc. filed its quarterly report on Form 10-Q with the SEC on November 6, 2026, covering the three months ended September 30, 2026, and reporting net income of $12,502 thousand, up from $8,870 thousand in the same quarter of the prior year.

Key Highlights

  • Net income: $12,502 thousand for the three months ended September 30, 2026, compared with $8,870 thousand for the three months ended September 30, 2025.
  • Basic and diluted earnings per share: $0.73 for the current quarter, up from $0.52 in the prior-year quarter.
  • Net interest income: $21,889 thousand for the three months ended September 30, 2026, versus $17,520 thousand for the same period in 2025.
  • Total assets: $3,242,620 thousand at September 30, 2026, compared with $3,183,427 thousand at June 30, 2026.
  • Total deposits: $2,847,842 thousand at September 30, 2026, up from $2,713,399 thousand at June 30, 2026.
  • Net loss on sale of securities available-for-sale: $1,192 thousand recognized in the quarter, with no comparable amount in the prior-year quarter.
  • Shares outstanding: 17,025,485 shares of common stock as of November 5, 2026.

Greene County Bancorp Reports First Quarter Fiscal 2027 Financial Results

According to the filing, Greene County Bancorp, Inc. (NASDAQ:GCBC), headquartered at 302 Main Street, Catskill, New York, reported total interest income of $34,598 thousand for the three months ended September 30, 2026, compared with $31,623 thousand for the same period in 2025. Total interest expense declined to $12,709 thousand from $14,103 thousand in the prior-year quarter, resulting in net interest income of $21,889 thousand. The company recorded a benefit for credit losses of $432 thousand in the current quarter, compared with a provision of $1,257 thousand in the prior-year period.

The filing disclosed total noninterest income of $2,909 thousand for the quarter, down from $3,986 thousand in the same quarter of 2025. The company reported a net loss on sale of securities available-for-sale of $1,192 thousand, which had no comparable figure in the prior-year quarter. Total noninterest expense was $10,801 thousand, compared with $10,061 thousand in the prior-year period, with salaries and employee benefits comprising the largest component at $6,738 thousand. The provision for income taxes was $1,927 thousand, yielding net income of $12,502 thousand.

At September 30, 2026, the filing reported total shareholders' equity of $285,983 thousand, up from $277,831 thousand at June 30, 2026. Retained earnings stood at $290,019 thousand, reflecting the quarter's net income partially offset by dividends declared of $859 thousand. Accumulated other comprehensive loss widened to $(14,974) thousand from $(11,483) thousand at June 30, 2026, driven by unrealized holding losses on securities available-for-sale, net of taxes, of $(4,364) thousand. Net loans receivable were $1,754,569 thousand at September 30, 2026, compared with $1,731,483 thousand at June 30, 2026.

What Was Disclosed

Greene County Bancorp filed its unaudited quarterly report for the period ended September 30, 2026, disclosing income statement, balance sheet, and equity figures showing higher net income, increased total assets and deposits, and a widening of accumulated other comprehensive loss compared with the prior fiscal quarter.