secwatch.observer — SEC 8-K summary
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Issuer:     GREENE COUNTY BANCORP INC (GCBC)
CIK:        0001070524
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001140361-23-019375
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greene County Bancorp Q3 net income $8.1M; nine-month record $24.3M, up 15% YoY
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- Net income $8.1M ($0.48/sh) for Q3; $24.3M ($1.43/sh) for nine months, both up ~15% YoY.
- Net interest income rose to $15.2M (Q3) and $47.0M (nine months), up $1.1M and $4.1M YoY.
- Total assets $2.7B (+6.1% vs June 2022); net loans $1.4B (+12.9%); deposits $2.5B (+11.7%).
- Credit quality improved: nonperforming loans $4.7M (0.34% of loans) vs $6.3M; provision benefit of $1.2M.
- ROAA 1.26% and ROAE 19.51% for nine months; capital remains strong.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070524/000114036123019375/0001140361-23-019375-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070524/000114036123019375/brhc20051690_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-019375

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