Greene County Bancorp, Inc. reported record net income of $19.2 million for the six months ended December 31, 2025. Total assets reached $3.1 billion, with net loans at $1.7 billion. The Company’s return on average assets was 1.27% and return on average equity was 15.45%. Recognized as a top-performing bank, Greene County Bancorp, Inc. ranked 9th in Piper Sandler’s Class of 2025 Sm-All Stars. The Company strategically managed its balance sheet, focusing on higher-yielding loans and securities, resulting in increased net interest margin and income. Non-GAAP measures, including pre-provision net income, were utilized to evaluate performance.

The Company’s interest income for the three and six months ended December 31, 2025, was $33.5 million and $65.1 million, respectively. Net interest income increased to $19.1 million for the three months and $36.6 million for the six months ended December 31, 2025. Provision for credit losses was $199,000 for the three months and $478,000 for the six months ended December 31, 2025. Noninterest income decreased to $3.2 million for the three months and $7.1 million for the six months ended December 31, 2025. Noninterest expense increased to $10.5 million for the three months and $20.5 million for the six months ended December 31, 2025.

The Company’s net income was $10.3 million for the three months ended December 31, 2025, and $19.2 million for the six months ended December 31, 2025. Provision for credit losses was $199,000 for the three months and $1.5 million for the six months ended December 31, 2025. Noninterest income decreased to $3.2 million for the three months and $7.1 million for the six months ended December 31, 2025. Noninterest expense increased to $10.5 million for the three months and $20.5 million for the six months ended December 31, 2025.

Read more at GlobeNewswire: Greene County Bancorp, Inc. Delivers Net Income of $10.3