Greene County Bancorp, Inc. (GCBC) 2021年年度报告「NASDAQ」.pdf

1、GREENE COUNTY BANCORP,INC.20 21 ANNU AL RE PORTGrowing theRight WayLOOKING BEYOND THE BANKS RAPID RISE FROM$1 BILLION TO$2 BILLION IN ASSETSHow Can We HelpBANK OPENING NEW CUSTOMER SERVICE CENTER IN CATSKILLPAGE 15?RESTORATIONRESTORATIONMISSION:SAVING NEIGHBORHOODS WITH DEVELOPER PATRICK CHIOUPAGE 8

2、STORMINGTHE PORTTHE PORTHELPING THE CARVER COMPANIES STIR UP COMMERCE IN COEYMANSPAGE 4 PAGE 1Greene 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 30,2021,were$2.2 billion.The Bank of

3、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 The

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

5、 Albany,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

6、 decision-making and participation with customers in community activities.Total assets$2,200,335$1,676,803$1,269,462$1,151,478$982,291 Loans receivable,net 1,085,947 993,522 785,738 704,431 624,187Securities available-for-sale 390,890 226,709 122,728 120,806 91,299Securities held-to-maturity 496,914