Greene County Bancorp, Inc. (GCBC) 2020年年度报告「NASDAQ」.pdf

1、STANDING WITH YOU WERE STRONGER THAN EVERGREENE COUNTY BANCORP,INC.2 0 2 0 A N N U A L R E P O RTGreene County Bancorp,Inc.(GCBC)is the parent company of the Bank of Greene County and its subsidiary,Greene County Commercial Bank.GCBCs consolidated assets as of June 30,2020,were$1.7 billion.The Bank

2、of Greene County was founded in 1889 as The Building and Loan Association of Catskill.In 1974,the bank changed to a New York State-chartered mutual savings bank,under the name Greene County Savings Bank.In 1998,the bank converted to the mutual holding company form of ownership,changing its name to T

3、he Bank of Greene County.A commercial bank subsidiary,Greene County Commercial Bank,was formed in June 2004.The bank serves Greene,Albany,Columbia and Ulster counties in New York State through administrative,lending and operations centers in Catskill,and 17 banking offices in Albany(opened September

4、 2020),Catskill(Main Street and Catskill Commons),Cairo,Chatham,Copake,Coxsackie,Germantown,Greenport,Greenville,Hudson,Kinderhook-Valatie,Kingston,Ravena-Coeymans,Tannersville,Westerlo and Woodstock.As part of its mission,the bank tries to foster a sense of community through personal service,local

5、decision-making and participation with customers in community activities.FIVE-YEAR FINANCIAL HIGHLIGHTSAt or for the Years Ended June 30,(In thousands)Total assets$1,676,803$1,269,462$1,151,478$982,291$868,781Loans receivable,net 993,522785,738704,431624,187522,764Securities available-for-sale 226,7

6、09122,728120,80691,29999,971Securities held-to-maturity 383,657304,208274,550223,830204,935Equity securities 267253217184152Deposits 1,501,0751,120,5691,025,234859,535738,887Shareholders equity 128,805112,36996,19183,52174,301Net interest income 44,83340,00034,91430,38226,221Provision for loan losse