FKnol.com

Financial Knowledge & Information Portal

Greene County Bancorp (GCBC) Company Profile

Updated Aug 8, 2019
Greene County Bancorp has the following business profile:
Company's Full Name:Greene County Bancorp, Inc.
Short Name:Greene County Bancorp
Trading Ticker Symbol:GCBC
Primary Exchange:NASDAQ
Headquarter City/Country:New York, NY
Primary Industry Sector:Finance
Seconday Sub-sector:Banks
Main Business Areas: Finance, Banks, Financial Services, Savings & Cooperative Banks, Bank
Dividend Payments:Dividend History

Market and Trading Information for Greene County Bancorp

The following details were available for trading and market data about the stock of Greene County Bancorp as of writing:
Current Share Price:$26.75
Previous Year's Closing Price:$31.12
Percentage Price Change (YTD):-14.04%
Market Cap:$228.39 million
52-week Price Range:$26.19 - $35
Dividend Per Share:$0.4
EPS (TTM):2.05
Price-Earnings (Trailing):13.06
Price-Earnings (Forward):0

Company Profile and Business Description for Greene County Bancorp

Greene County Bancorp, Inc., incorporated on October 19, 1998, is the holding company of The Bank of Greene County, a federally chartered savings bank. The Company's principal business is overseeing and directing the business of The Bank of Greene County and monitoring its cash position. The Bank of Greene County, through its affiliations, offers investment alternatives for customers. The Bank of Greene County operates a subsidiary, Greene County Commercial Bank. The purpose of Greene County Commercial Bank is to serve local municipalities' banking needs. The Bank of Greene County also operates a real estate investment trust, Greene Property Holdings, Ltd., which owns mortgages originated through The Bank of Greene County. The Company, through its pooled captive insurance subsidiary, Greene Risk Management, Inc., provides additional insurance coverage. As of June 30, 2016, The Bank of Greene County operated 13 banking offices, operations center and lending center located in its market area within the Hudson Valley Region of New York State.

Lending Activities

The Bank of Greene County's principal lending activity is the origination, for retention in its portfolio, of fixed-rate and adjustable-rate mortgage loans collateralized by residential and commercial real estate primarily located within its primary market area. The Bank of Greene County also originates home equity loans, consumer loans and commercial business loans, and has focus on various aspects of commercial lending. The Bank of Greene County also offers a range of line of credit products. Its residential mortgage loans refer to loans collateralized by one- to four-family residences. Its multi-family loans refer to loans collateralized by multi-family units, such as apartment buildings. The Bank of Greene County's consumer loans consist of direct loans on new and used automobiles, personal loans (either secured or unsecured), home equity loans and other consumer installment loans (consisting of passbook loans, unsecured home improvement loans, recreational vehicle loans and deposit account overdrafts). The Bank of Greene County offers fixed- and adjustable-rate home equity loans that are collateralized by the borrower's residence. As of June 30, 2016, the Company's total gross loans amounted to $531.3 million.

Investment Activities

The Company's investment portfolio includes its available-for-sale securities and held-to-maturity securities. As of June 30, 2016, the Company's available-for-sale securities included debt securities, such as the United States Government sponsored enterprises, state and political subdivisions, mortgage-backed securities-residential, mortgage-backed securities-multi-family, asset-backed securities and corporate debt securities, and equity securities. As of June 30, 2016, its available-for-sale securities had a total fair value of $100.12 million. As of June 30, 2016, the Company's held-to-maturity securities included the United States Government sponsored enterprises, state and political subdivisions, mortgage-backed securities-residential, mortgage-backed securities-multi-family, corporate debt securities and other securities. As of June 30, 2016, its held-to-maturity securities had a total fair value of $214.05 million. As of June 30, 2016, the Company's total securities' fair value amounted to $314.2 million.

Sources of Funds

The Bank of Greene County's primary sources of funds are deposits, borrowings from the Federal Home Loan Bank of New York (FHLB), and principal and interest payments on loans and securities. The Bank of Greene County and Greene County Commercial Bank offer various deposit accounts with a range of interest rates and terms. The Bank of Greene County's deposit accounts consist of savings, negotiable order of withdrawal (NOW) accounts, money market accounts, certificates of deposit and noninterest-bearing checking accounts. The Bank of Greene County also offers individual retirement accounts (IRAs). Greene County Commercial Bank offers money market accounts, certificates of deposit and noninterest-bearing checking accounts and NOW accounts. As of June 30, 2016, the Company's deposits totaled $738.8 million.

302 Main St

Peer / Competitor Companies of Banks Sector

Along with Greene County Bancorp, Inc., the following other peer (competitor) companies also exist within the same Banks - Finance sector whose company profile and dividend history is as follows:

▶ Anchor Bancorp (ANCB): Anchor Bancorp, incorporated on September 8, 2008, is the bank holding company of Anchor Bank (the Bank). The Bank is a community-based savings bank. As of June 30, 2016, the ....See Detailed Company Profile  and Dividend History.

▶ Bay Banks of Virginia (BAYK): Bay Banks of Virginia, Inc., through its subsidiaries, provides various banking products and services to businesses, professionals, and consumers in Virginia. The company accepts checking accounts, savings acco....See Detailed Company Profile  and Dividend History.

▶ Berkshire Hills Bancorp (BHLB): Berkshire Hills Bancorp, Inc. (Berkshire) is a holding company for Berkshire Bank (the Bank) and Berkshire Insurance Group. Berkshire offers a range of deposit, lending, insurance and wealth management products ....See Detailed Company Profile  and Dividend History.

▶ Entegra Financial (ENFC): Entegra Financial Corp., incorporated on May 31, 2011, is the holding company for Entegra Bank. The Company provides a range of financial services through full-service offices located in Cherokee, Henderson, ....See Detailed Company Profile  and Dividend History.

▶ ESSA Bancorp (ESSA): ESSA Bancorp, Inc. operates as the holding company for ESSA Bank & Trust that provides a range of financial services to individuals, families, and businesses in Pennsylvania. The company accepts savin....See Detailed Company Profile  and Dividend History.

▶ First Connecticut Bancorp (FBNK): First Connecticut Bancorp, Inc. (FCB), incorporated on January 27, 2011, is a stock holding company. The Company operates through its subsidiary, Farmington Bank (the Bank), which is a full-service community ....See Detailed Company Profile  and Dividend History.

▶ First Northwest Bancorp (FNWB): First Northwest Bancorp operates as a bank holding company for First Federal Savings and Loan Association of Port Angeles that provides commercial and consumer banking services to individuals, busines....See Detailed Company Profile  and Dividend History.

▶ FS Bancorp (FSBW): FS Bancorp, Inc. operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry nich....See Detailed Company Profile  and Dividend History.

▶ Heritage Financial (HFWA): Heritage Financial Corporation, incorporated on August 28, 1997, is a bank holding company. The Company is engaged in the business of planning, directing and coordinating the business activities of its ....See Detailed Company Profile  and Dividend History.

▶ Home Bancorp (HBCP): Home Bancorp, Inc. operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest....See Detailed Company Profile  and Dividend History.

▶ Malvern Bancorp (MLVF): Malvern Bancorp, Inc. operates as the bank holding company for Malvern Bank that provides various banking products and services to consumer and business customers in Pennsylvania. The company accepts ....See Detailed Company Profile  and Dividend History.

▶ New York Community Bancorp (NYCB): New York Community Bancorp, Inc. operates as a holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in Metro New York, New Jersey....See Detailed Company Profile  and Dividend History.

▶ Prudential Bancorp (PBIP): Prudential Bancorp, Inc., incorporated on June 6, 2013, is a holding company for Prudential Savings Bank (the Bank). The Bank is a Pennsylvania-chartered, Federal Deposit Insurance Corporation (FDIC)-insured savings bank. ....See Detailed Company Profile  and Dividend History.

▶ Southern Missouri Bancorp (SMBC): Southern Missouri Bancorp, Inc., incorporated on September 16, 1998, is the holding company for Southern Bank (the Bank). The principal business of the Bank consists primarily of attracting retail deposits ....See Detailed Company Profile  and Dividend History.

▶ Timberland Bancorp (TSBK): Timberland Bancorp, Inc. operates as the bank holding company for Timberland Bank that provides various banking services in Washington. It offers various deposit products, including money market depos....See Detailed Company Profile  and Dividend History.

▶ United Community Financial (UCFC): United Community Financial Corp., incorporated on February 2, 1998, is financial services holding company. The Companys subsidiaries include The Home Savings and Loan Company of Youngstown, Ohio (Home Savings or ....See Detailed Company Profile  and Dividend History.

▶ United Financial Bancorp (UBNK): United Financial Bancorp, Inc., incorporated on September 13, 2010, is a bank holding company. The Company, through its subsidiary United Bank (the Bank) and various subsidiaries, delivers financial services to ....See Detailed Company Profile  and Dividend History.

▶ Wellesley Bancorp (WEBK): Wellesley Bancorp, Inc., incorporated on October 1, 2011, is the holding company for Wellesley Bank (the Bank). The Bank operates as a community-oriented financial institution offering traditional financial services to ....See Detailed Company Profile  and Dividend History.

▶ Wolverine Bancorp (WBKC): Wolverine Bancorp, Inc., incorporated on October 8, 2010, is a savings and loan holding company of Wolverine Bank (the Bank), which is a subsidiary of the Company. The Bank is ....See Detailed Company Profile  and Dividend History.

▶ WVS Financial (WVFC): WVS Financial Corp., incorporated on July 30, 1993, is a bank holding company of West View Savings Bank. West View Savings Bank is a Pennsylvania-chartered, Federal Deposit Insurance Corporation (FDIC)-insured ....See Detailed Company Profile  and Dividend History.

... See Full List of All Stocks of Banks Sector.

Stock List of Other Finance Sub-sectors

▶ Stocks of Sector

▶ Stocks of Accident and Health Insurance Sector

▶ Stocks of Banks Sector

▶ Stocks of Business Services Sector

▶ Stocks of Commercial Banks Sector

▶ Stocks of Commercial Leasing Sector

▶ Stocks of Commercial REITs - NEC Sector

▶ Stocks of Consumer Finance Services Sector

▶ Stocks of Consumer Lending - NEC Sector

▶ Stocks of Diversified Commercial Services Sector

▶ Stocks of Diversified Financial Services Sector

▶ Stocks of Finance Companies Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Insurance Sector

▶ Stocks of Investment Bankers and Brokers Sector

▶ Stocks of Investment Funds Sector

▶ Stocks of Investment Managers Sector

▶ Stocks of Investors Services Sector

▶ Stocks of Life Insurance Sector

▶ Stocks of Major Banks Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Mortgage REITs Sector

▶ Stocks of Multiline Insurance and Brokers-NEC Sector

▶ Stocks of Office REITs Sector

▶ Stocks of Private Equity Sector

▶ Stocks of Property and Casualty Insurance-NEC Sector

▶ Stocks of Property Insurance Sector

▶ Stocks of Property-Casualty Insurers Sector

▶ Stocks of Real Estate Sector

▶ Stocks of REITs Sector

▶ Stocks of Savings Institutions Sector

▶ Stocks of Specialized REITs - NEC Sector

▶ Stocks of Specialty Insurers Sector


Stock List of Other Top-level Sectors

▶ Stocks of Sector

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Health Care Sector

▶ Stocks of Industrials Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Public Utilities Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Services Sector

▶ Stocks of Technology Sector

▶ Stocks of Transportation Sector

▶ Stocks of Utilities Sector