Greene county bancorp inc (GCBC)
Income statement / Yearly
Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11
Interest income:
Loans

35,050

29,692

25,884

22,118

19,919

18,521

18,169

17,787

17,897

Investment securities - taxable

798

704

605

566

548

646

726

893

1,150

Mortgage-backed securities

4,285

3,610

3,420

3,080

2,865

2,544

3,434

4,234

3,959

Investment securities - tax exempt

5,723

4,570

3,512

2,990

2,350

2,037

1,689

1,399

1,176

Interest income derived from interest-bearing deposits in other financial institutions for relatively short periods of time including, for example, certificates of deposits, which are presented separately from cash on the balance sheet. Also includes interest income derived from the amount outstanding of funds lent to other depository institutions, securities brokers, or securities dealers in the form of Federal Funds sold; for example, immediately available funds lent under agreements or contracts that mat

452

352

38

48

18

40

42

28

42

Total interest income

46,308

38,928

33,459

28,802

25,700

23,788

24,060

24,341

24,224

Interest expense:
Interest on deposits

5,696

3,644

2,612

2,241

2,030

2,222

2,618

3,189

3,980

Interest on borrowings

612

370

465

340

272

165

199

394

531

Total interest expense

6,308

4,014

3,077

2,581

2,302

2,387

2,817

3,583

4,511

Net interest income

40,000

34,914

30,382

26,221

23,398

21,401

21,243

20,758

19,713

Provision for loan losses

1,659

1,530

1,911

1,673

1,556

1,500

1,746

1,784

-

Provision for loan losses

-

-

-

-

-

-

-

-

1,628

Net interest income after provision for loan losses

38,341

33,384

28,471

24,548

21,842

19,901

19,497

18,974

18,085

Noninterest income:
Amount of income earned from service charges on deposit accounts.

4,117

3,707

3,164

-

-

-

-

-

-

Debit card fees

-

-

2,041

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

2,880

2,779

2,558

2,599

2,513

2,330

Debit card fees

-

-

-

1,824

1,694

1,565

1,369

1,364

-

Amount of income earned from debit card fees during the period.

2,624

2,362

-

-

-

-

-

-

1,267

Investment services

544

469

329

383

403

424

308

315

304

E-commerce fees

-

-

-

97

101

96

101

108

-

Amount of income earned from e-commerce fee during the period.

139

139

129

-

-

-

-

-

109

Net gain on sale of available-for-sale securities

-

-

-

-

-

-

10

11

233

Write-down of other-than-temporary impaired securities

-

-

-

-

-

-

-

25

-

Other than temporary impairment of available-for-sale security

-

-

-

-

-

-

-

-

2

Other operating income

937

804

761

781

720

637

608

564

552

Total noninterest income

8,361

7,481

6,424

5,965

5,697

5,280

4,995

4,850

4,793

Noninterest expense:
Salaries and employee benefits

15,488

13,350

11,672

10,490

9,855

9,281

8,617

8,354

8,134

Occupancy expense

1,722

1,579

1,549

1,432

1,548

1,322

1,249

1,268

1,278

Equipment and furniture expense

580

540

485

537

524

436

591

675

549

Service and data processing fees

2,149

2,080

1,973

1,912

1,714

1,452

1,580

1,555

1,486

Expenses related to computer supplies, as well as software and support.

926

714

608

443

522

400

356

357

278

Advertising and promotion

461

354

387

373

294

278

369

346

336

FDIC insurance premiums

461

440

380

417

404

371

332

311

558

Legal and professional fees

1,146

956

875

1,023

1,037

822

663

767

745

Other

2,743

2,349

2,038

2,244

2,134

1,754

1,692

1,681

1,491

Total noninterest expense

25,676

22,362

19,967

18,871

18,032

16,116

15,449

15,314

14,855

Income before provision for income taxes

21,026

18,503

14,928

11,642

9,507

9,065

9,043

8,510

8,023

Provision for income taxes

3,542

4,095

3,741

2,679

2,318

2,537

2,672

2,680

2,732

Net income

17,484

14,408

11,187

8,963

7,189

6,528

6,371

5,830

-

Net income

-

-

-

-

-

-

-

-

5,291

Basic earnings per share (in dollars per share)

2.05

1.69

1.32

1.06

0.85

1.55

1.52

1.40

1.28

Basic average shares outstanding (in shares)

8,537

8,513

8,495

8,459

8,437

4,205

4,187

4,156

4,134

Diluted earnings per share (in dollars per share)

2.05

1.69

1.31

1.06

0.85

1.54

1.51

1.39

1.27

Diluted average shares outstanding (in shares)

8,537

8,534

8,513

8,476

8,497

4,241

4,223

4,197

4,165

Common stock, dividends, per share, declared (in dollars per share)

0.40

0.39

0.38

0.37

0.36

0.70

0.70

0.70

0.90