secwatch.observer — SEC 8-K summary
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Issuer:     GREENE COUNTY BANCORP INC (GCBC)
CIK:        0001070524
Form:       8-K
Filed at:   2022-10-21T23:59:59+00:00
Accession:  0001140361-22-038022
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greene County Bancorp Q1 net income $9.0M, EPS $1.06 (+27% YoY); Piper Sandler Sm-All Stars 6th year
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- Net income $9.0M ($1.06 EPS) vs $7.1M ($0.84) prior year, up 27%.
- Net interest income rose $1.4M to $15.8M; net interest margin compressed to 2.58% from 2.67%.
- Provision for loan losses was a benefit of $499K vs charge of $988K year ago; nonperforming loans fell to $5.4M.
- Loans grew $98.5M to $1.3B (8.0% QoQ); deposits rose $114.3M to $2.3B.
- Named to Piper Sandler Sm-All Stars Class of 2022 for sixth consecutive year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070524/000114036122038022/0001140361-22-038022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070524/000114036122038022/brhc10043167_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-038022

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