| Business Summary | | Greene
County
Bancorp,
Inc.
is
the
holding
company
for
The
Bank
of
Greene
County.
The
Bank's
principal
business
consists
of
attracting
retail
deposits
from
the
general
public
in
the
areas
surrounding
its
branches
and
investing
those
deposits,
together
with
funds
generated
from
operations
and
borrowings,
primarily
in
one-
to
four-family
residential
mortgage
loans,
commercial
real
estate
loans,
consumer
loans
and
commercial
business
loans.
In
addition,
the
Bank
invests
a
significant
portion
of
its
assets
in
investment
securities
and
mortgage-
and
asset-backed
securities.
At
June
30,
2000,
the
Company
had
consolidated
total
assets
of
$167.7
million,
consolidated
total
deposits
of
$133.5
million
and
consolidated
total
equity
of
$23.6
million.
The
Company
is
53.5%-owned
by
the
Greene
County
Bancorp,
MHC. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Greene
County
Bancorp,
Inc.,
is
a
bank
holding
company
for
The
Bank
of
Greene
County,
a
New
York
chartered
savings
bank.
For
the
nine
months
ended
3/31/01,
total
interest
income
increased
9%
to
$8.6
million.
Net
interest
income
after
loan
loss
provision
increased
9%
to
$4.4
million.
Net
income
decreased
9%
to
$674
thousand.
Results
reflect
increased
average
loan
balances,
offset
by
increased
personnel,
occupancy
and
equipment
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
2,956;
after
tax
earnings
were
282. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Walter Ingalls, 69 Chairman | -- | J. Bruce Whittaker, 57 Pres,
CEO, Director | $232K | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|