secwatch.observer — SEC 8-K summary
======================================

Issuer:     GREENE COUNTY BANCORP INC (GCBC)
CIK:        0001070524
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0001140361-25-014865
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greene County Bancorp Q3 net income $8.1M (+37% YoY); total assets surpass $3B milestone
--------------------------------------------------------------------------------

- Net income $8.1M for quarter ($0.47 EPS) vs $5.9M ($0.34) prior year; nine-month net income $21.8M.
- Total assets reached $3.0B, up 6.5% from June 2024; net loans $1.6B, deposits $2.7B, both record highs.
- Net interest margin expanded to 2.32% from 1.90% YoY; net interest income rose $3.9M to $16.2M.
- Pre-provision net income $24.0M for nine months, up 26.6% from $19.0M; ROAA 1.04%, ROAE 13.40%.
- Provision for credit losses on loans $2.3M YTD vs $922K prior year due to loan growth and CECL model.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070524/000114036125014865/0001140361-25-014865-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070524/000114036125014865/ef20047776_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-014865

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer