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

Issuer:     GREENE COUNTY BANCORP INC (GCBC)
CIK:        0001070524
Form:       8-K
Filed at:   2026-10-22T14:13:16+00:00
Accession:  0001140361-26-040453
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Greene County Bancorp reports record $12.5M net income for quarter ended Sept. 30, 2026, up 41% year over year
--------------------------------------------------------------------------------

- Net income was $12.5 million, or $0.73 per diluted share, versus $8.9 million, or $0.52, for the quarter ended Sept. 30, 2025; net income rose 40.9%.
- Net interest income increased $4.4 million to $21.9 million; net interest margin expanded 45 basis points to 2.93% from 2.48% a year earlier.
- Total assets reached a record $3.2 billion; net loans were $1.8 billion and deposits $2.8 billion, up $134.4 million or 5.0% from June 30, 2026.
- Provision for credit losses was a $432,000 benefit versus a $1.3 million charge a year earlier; nonperforming loans fell to $3.2 million from $3.9 million at June 30.
- Noninterest income fell 27.0% to $2.9 million on a $1.2 million securities sale loss; noninterest expense rose 7.4% to $10.8 million.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070524/000114036126040453/0001140361-26-040453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070524/000114036126040453/ef20084209_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-040453

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