GREENE COUNTY BANCORP INC — Form 8-K

Greene County Bancorp (NASDAQ: GCBC) reported net income of $12.5 million for Q1 FY2027 (three months ended Sept 30, 2026), a 41% increase from $8.9 million in Q1 FY2026. EPS rose to $0.73 from $0.52. Total assets reached record $3.2 billion; net loans $1.8 billion; deposits $2.8 billion. Net interest income increased $4.4 million to $21.9 million, driven by higher loan yields (+12 bps), security yields (+24 bps), and lower deposit costs (NOW -39 bps, CDs -25 bps). On Sept 15, 2026, company redeemed $10 million of $30 million subordinated notes (3.00% due 2031). Bank of Greene County legally renamed to Bank of Greene effective Sept 14, 2026; parent company to vote Nov 7 on renaming to Greene Bancorp, Inc. Nonperforming loans improved to 0.18% of loans. Book value per share increased to $16.80 from $14.58.