Every 8-K that GOUVERNEUR BANCORP INC MD (GOVB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow GOVB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GOVB filings page.
Gouverneur Bancorp, Inc. reported stronger earnings for the period ended June 30, 2026. Net income was $239,000, or $0.23 per share, for the quarter, up from $217,000, or $0.22 per share, a year earlier. Net income for the nine months was $743,000, or $0.72 per share, compared with $495,000, or $0.48 per share, in the prior-year period.
Total assets were $198.7 million, with net loans of $135.3 million and deposits of $155.7 million at June 30, 2026. Net interest margin improved to 4.25% in the quarter, supported by higher loan income and controlled deposit costs, while credit quality remained stable with modest provisions for credit losses.
Management also detailed a strategic balance sheet optimization. After quarter-end, the Company sold approximately $23.8 million of available-for-sale securities, recognizing an estimated pre-tax loss of about $2.0 million, reinvesting part of the proceeds into shorter-duration, higher-yield securities and using the rest to repay Federal Home Loan Bank advances and bolster liquidity. It is also in the process of selling about $20.0 million of lower-yielding loans, with an additional estimated pre-tax loss of about $2.0 million. Management currently estimates a roughly five-year earn-back period and expects, once fully deployed, an increase in net interest margin of approximately 51 basis points and annual earnings per share of approximately $0.58, while remaining well-capitalized.
Gouverneur Bancorp, Inc. reported stronger results for the quarter and six months ended March 31, 2026. Quarterly net income rose to $217,000, or $0.21 per share, from $118,000, or $0.11, a year earlier. Six‑month net income increased to $504,000, or $0.49 per share, from $278,000, or $0.27.
Total assets were $198.3 million, deposits were $160.0 million, and shareholders’ equity was $32.7 million at March 31, 2026. Net interest margin improved to 4.22% for the quarter and 4.14% for the six months. Deposits grew while Federal Home Loan Bank advances declined significantly.
Gouverneur Bancorp, Inc. held its annual stockholder meeting on February 9, 2026. Stockholders elected three directors: Henry J. Leader received 464,018 votes for and 16,834 withheld; Duane M. Pelkey received 463,616 for and 17,236 withheld; and Chad B. Soper received 450,305 for and 30,547 withheld, with 279,606 broker non-votes on this proposal.
Stockholders also voted on another proposal, which received 733,379 votes for, 22,231 against, and 4,848 abstentions, with no broker non-votes. These results show that all management proposals on the agenda were approved by substantial majorities.
Gouverneur Bancorp, Inc. reported its financial results for the three months ended December 31, 2025, through a press release dated January 27, 2026. The company furnished this press release as Exhibit 99.1 to a Form 8-K, classifying the disclosure under results of operations and financial condition.
The information in this current report and in the attached press release is furnished rather than filed, which affects how it is treated under securities law. The Form 8-K was signed on behalf of the company by Vice President and Chief Financial Officer James D. Campanaro.
Gouverneur Bancorp, Inc. (GOVB) furnished earnings news and adopted executive change‑in‑control agreements. On October 30, 2025, the company furnished a press release with financial results for the three months and year ended September 30, 2025.
The Bank entered into two‑year, automatically renewing change‑in‑control agreements with its CEO, CFO, and COO. If employment ends without cause or for good reason concurrent with or within 24 months after a change in control, each executive is entitled to accrued compensation, a lump‑sum cash payment equal to 2x current base salary plus the average cash bonuses from the prior three years, and COBRA coverage paid by the Bank for up to 18 months or until other coverage is obtained. The agreements include a net after‑tax benefit provision to address potential Section 280G excise taxes.