Greene County Bancorp, Inc. filings document formal disclosures for a bank holding company whose principal subsidiaries are the Bank of Greene County and Greene County Commercial Bank. Recent Form 8-K reports include operating results furnished under Item 2.02, dividend declarations, a common-stock repurchase authorization, Regulation FD investor-presentation materials and other material-event disclosures.
The filings also record capital and governance matters, including Greene County Bancorp, MHC's majority ownership and dividend-waiver communications, Federal Reserve Bank nonobjection disclosures, annual meeting voting results, director elections, auditor ratification and advisory executive-compensation votes.
GREENE COUNTY BANCORP INC director Michelle M. Plummer reported an open-market sale of common stock. She sold 10,000 shares on June 11, 2026 at a weighted average price of $28.77 per share, with individual trade prices ranging from $28.58 to $29.34.
Following the sale, Plummer directly owned 99,560 common shares. She also reported an indirect holding of 50,327 common shares through an ESOP, which reflects plan-related beneficial ownership rather than a new transaction.
GCBC submitted a Form 144 notice reporting proposed sales of Common Stock by an affiliate. The filing lists a proposed sale of 10,000 shares with an aggregate value of $282,100.00. The document shows shares outstanding 17,025,485 as of 06/11/2026 and indicates trading on NASDAQ. The filing lists multiple lots tied to Michelle Plummer, including prior acquisitions and equity awards dated 03/07/2000, 03/29/2003, 03/30/2004, 03/31/2005, and 12/22/2009
Greene County Bancorp, Inc. reported higher profitability and balance sheet growth for the quarter ended March 31, 2026. Quarterly net income rose to $10.5 million from $8.1 million a year earlier, with earnings per share increasing to $0.62 from $0.47. For the nine months, net income reached $29.7 million versus $21.8 million, and EPS improved to $1.74 from $1.28.
Total assets grew to $3.18 billion from $3.04 billion, driven by loan growth to $1.75 billion and a larger securities portfolio. Deposits increased to $2.77 billion. Net interest income expanded, while interest expense declined. The allowance for credit losses on loans increased modestly to $21.8 million, and nonperforming loans remained low at $3.1 million.
The company continued to manage capital conservatively, with shareholders’ equity rising to $267.6 million. Subordinated notes payable decreased to $30.0 million after a $20.0 million repayment. During the quarter, Greene County Bancorp completed termination of its frozen defined benefit pension plan, recognizing a non-cash settlement charge of about $706,000.
GREENE COUNTY BANCORP INC director John Brust made open-market purchases of Common Stock through a 401(k) account. Across three transactions on April 27–28, 2026, the account bought a total of 4,121 shares at prices between $24.05 and $24.50 per share. Following these trades, Brust’s indirect 401(k) holdings in the company’s stock increased to 6,221 shares, reflecting incremental accumulation rather than any sale activity.
Greene County Bancorp, Inc. reported record quarterly results and announced a stock repurchase program for the quarter ended March 31, 2026. Net income reached $10.5 million, or $0.62 per share, compared with $8.1 million, or $0.47 per share, a year earlier. For the nine months, net income was $29.7 million, or $1.74 per share, up from $21.8 million, or $1.28 per share, an increase of 36.1% in net income.
Total assets grew to $3.18 billion, with $1.73 billion in net loans and $2.77 billion in deposits. Net interest margin improved to 2.73% for the quarter and 2.59% for the nine months, reflecting higher yields on loans and securities and lower deposit costs. Asset quality remained strong, with non-performing assets at 0.10% of total assets and allowance for credit losses on loans at 1.25% of total loans.
Greene County Bancorp, Inc. declared a quarterly cash dividend of $0.10 per share on its common stock, equal to an annual rate of $0.40 per share, unchanged from the prior quarter. The dividend will be paid on May 29, 2026 to shareholders of record on May 15, 2026.
Greene County Bancorp, MHC, which owns 54.1% of the outstanding common shares, will again waive its right to receive this dividend. The Federal Reserve Bank of Philadelphia has granted nonobjection for the MHC to waive dividends up to $0.64 per share over four quarters in 2026.
Greene County Bancorp, Inc. has authorized a stock repurchase program allowing the company to buy back up to 400,000 shares of its common stock. This represents about 5.0% of the 7,808,300 shares held by public shareholders, excluding its mutual holding company parent.
Shares may be repurchased in open market or private transactions, including block trades and trades under Rule 10b5-1 plans. Repurchases are expected to begin after the company releases results for the quarter ended March 31, 2026, and will occur at management’s discretion based on market conditions, share price, alternative uses of capital, and financial performance.
The program follows Rule 10b-18 and other legal requirements and can be suspended, modified, or terminated at any time. The company is not obligated to repurchase any specific number of shares under this authorization.
Greene County Bancorp, Inc. reports that its mutual holding company, Greene County Bancorp, MHC, received nonobjection from the Federal Reserve Bank of Philadelphia to waive its right to receive dividends aggregating up to $0.64 per share on the Company’s common stock.
The waiver covers dividends paid over four quarters ending on March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026. The MHC, which owns 54.1% of the Company, has indicated it intends, subject to its cash flow needs, to waive these dividends, allowing more cash to remain at the Company level.
GREENE COUNTY BANCORP INC director Peter W. Hogan bought shares of the company. On this Form 4, he reported an open-market purchase of 3,000 shares of Common Stock at a price of $22.10 per share.
The shares are held indirectly through a 401(k) account, reflecting retirement-plan investing rather than direct trading in a personal brokerage account. After this transaction, Hogan’s reported indirect holdings rose to 75,000 shares, indicating the purchase increased but did not transform his overall position.
Greene County Bancorp director Tejraj S. Hada bought 6,000 shares of Common Stock in open-market transactions. He purchased 4,000 shares at $21.95 per share on March 18, 2026 and 2,000 shares at $21.99 per share on March 17, 2026. After these purchases, he directly owns 35,427 shares.