secwatch.observer — SEC 8-K summary
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Issuer:     GREENE COUNTY BANCORP INC (GCBC)
CIK:        0001070524
Form:       8-K
Filed at:   2025-10-21T23:59:59+00:00
Accession:  0001140361-25-038759
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greene County Bancorp Q1 net income $8.9M, EPS $0.52, record assets, expands into Saratoga County
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- Net income $8.9M ($0.52 EPS) vs $6.3M ($0.37 EPS) a year ago, up 41.7%.
- Total assets $3.1B, net loans $1.65B, deposits $2.7B – all record highs.
- Net interest margin expanded to 2.48% from 2.03% YoY; net interest spread 2.25% vs 1.76%.
- Provision for credit losses $1.3M vs $634K; ACL ratio 1.27% of loans.
- Announced expansion into Saratoga County; Clifton Park office grand opening Oct 25, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070524/000114036125038759/0001140361-25-038759-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070524/000114036125038759/ef20057489_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-038759

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