Greene County Bancorp (GCBC) Investor presentation summary

Company overview and history

• Founded in 1889, the institution has over 137 years of continuous operation and deep community roots.

• Publicly listed on Nasdaq since 1999, celebrating 25 years as a public company in 2024.

• Recognized as the #1 commercial mortgage lender in the Capital Region and one of the fastest-growing companies over $100 million.

• Expanded branch network to 19 locations, with recent openings in Albany and Saratoga counties.

• Strong charitable presence, granting over $556,000 to 491 organizations in 2025.

Financial performance and growth

• Total assets reached $3.2 billion as of March 31, 2026, up 4.6% from June 2025.

• Net income for the most recent quarter was $10.5 million, with ROAA at 1.37% and ROAE at 16.02%.

• Tangible common equity to tangible assets ratio improved to 8.41%.

• Loans to deposits ratio stands at 63.0%, with gross loans totaling $1.75 billion.

• Achieved record net income in 16 of the last 17 fiscal years.

Profitability and efficiency

• Net interest margin (FTE) increased to 3.03% in the most recent quarter.

• Efficiency ratio improved to 47.2%, reflecting operational efficiency.

• Noninterest income decreased by 4.1% year-over-year, while noninterest expense rose by 12.3%.

• Cost of funds rose to 2.16%, and cost of deposits to 2.19%.