Greene County Bancorp (GCBC) AGM 2026 presentation summary

Annual meeting business

• Agenda included director elections for Christopher Cannucciari and Peter W. Hogan, ratification of Bonadio & Co., LLP, and a non-binding advisory vote on named executive compensation.

• Stockholders were asked to approve a charter amendment to adopt a shorter corporate name.

Financial performance

• Total assets increased from $2.572B in 2022 to $3.183B in 2026; net loans rose from $1.229B to $1.731B and deposits from $2.213B to $2.713B.

• Net income reached $41.022M in 2026, versus $31.138M in 2025; EPS was $2.41, versus $1.83.

• Dividend per share increased to $0.40 in 2026 from $0.36 in 2025; stockholders’ equity rose to $278M from $239M and book value per share to $16.32 from $14.03.

• A $100,000 investment in December 1998 grew to $5,885,510 by June 30, 2026, including reinvested dividends; comparison values were $194,960 for KeyBank, $333,950 for NBT Bank and $566,590 for Trustco Bank.

Lending and community reach

• Total net loans increased to $1.731B in 2026 from $1.229B in 2022; commercial loans rose to $1.288B from $853M.

• Residential loans were $447M in 2026, versus $394M in 2022; loan mix shifted from 59% CRE, 9% commercial and 32% residential in 2022 to 65%, 8% and 27%, respectively, in 2026.

• First-time homebuyer lending originated over $3.2M in loans, distributed $177,500 in grants and provided nearly $35,653 in closing-cost reductions.

• The branch and office network expanded from 2 locations in 1970 to 25, spanning six counties; entry into Saratoga County began in Clifton Park in 2025.