2020 Q2 Form 10-Q Financial Statement

#000114036120011091 Filed on May 08, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 Q1 2019 Q1
Revenue $13.44M $11.71M
YoY Change 14.77%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $170.0K $180.0K $160.0K
YoY Change 6.25% 12.5% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $2.296M $1.682M
YoY Change 36.5%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $5.350M $4.614M $5.200M
YoY Change 9.18% -11.27% 13.29%
Income Tax $650.0K $563.0K $844.0K
% Of Pretax Income 12.15% 12.2% 16.23%
Net Earnings $4.700M $4.051M $4.356M
YoY Change 12.98% -7.0% 18.37%
Net Earnings / Revenue 30.15% 37.21%
Basic Earnings Per Share $0.47 $0.51
Diluted Earnings Per Share $552.3K $0.47 $0.51
COMMON SHARES
Basic Shares Outstanding 8.513M 8.531M 8.538M
Diluted Shares Outstanding 8.531M 8.538M

Balance Sheet

Concept 2020 Q2 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $40.46M $77.81M $88.42M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $13.66M $13.37M $13.20M
YoY Change 3.04% 1.26% -1.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.677B $1.584B $1.274B
YoY Change 32.09% 24.39% 8.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $21.40M $17.80M $13.10M
YoY Change 43.62% 35.88% 22.43%
Deferred Revenue
YoY Change
Short-Term Debt $17.90M $4.000M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $21.40M $17.80M $13.10M
YoY Change 43.62% 35.88% 22.43%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $21.40M $17.80M $13.10M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $1.548B $1.460B $1.166B
YoY Change 33.78% 25.31% 7.81%
SHAREHOLDERS EQUITY
Retained Earnings $118.3M $114.0M
YoY Change 16.2%
Common Stock $861.0K $861.0K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $908.0K $908.0K
YoY Change 227.8%
Treasury Stock Shares $97.93K $97.93K
Shareholders Equity $128.8M $124.0M $108.3M
YoY Change
Total Liabilities & Shareholders Equity $1.677B $1.584B $1.274B
YoY Change 32.09% 24.39% 8.52%

Cashflow Statement

Concept 2020 Q2 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $4.700M $4.051M $4.356M
YoY Change 12.98% -7.0% 18.37%
Depreciation, Depletion And Amortization $170.0K $180.0K $160.0K
YoY Change 6.25% 12.5% 0.0%
Cash From Operating Activities $8.910M $6.560M $6.240M
YoY Change 37.5% 5.13% 15.56%
INVESTING ACTIVITIES
Capital Expenditures -$470.0K -$270.0K -$50.00K
YoY Change 113.64% 440.0% 150.0%
Acquisitions
YoY Change
Other Investing Activities -$129.3M -$98.46M -$22.49M
YoY Change 137.33% 337.79% -66.65%
Cash From Investing Activities -$129.8M -$98.73M -$22.54M
YoY Change 137.24% 338.02% -66.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 83.50M 135.4M 72.76M
YoY Change -884.04% 86.15% -33.21%
NET CHANGE
Cash From Operating Activities 8.910M 6.560M 6.240M
Cash From Investing Activities -129.8M -98.73M -22.54M
Cash From Financing Activities 83.50M 135.4M 72.76M
Net Change In Cash -37.36M 43.27M 56.46M
YoY Change -36.54% -23.36% 20.41%
FREE CASH FLOW
Cash From Operating Activities $8.910M $6.560M $6.240M
Capital Expenditures -$470.0K -$270.0K -$50.00K
Free Cash Flow $9.380M $6.830M $6.290M
YoY Change 40.0% 8.59% 16.05%

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FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2020Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2019Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0
CY2020Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0
CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
12938000
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
14964000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
19000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-34000
CY2020Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-57000
CY2019Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-25000
CY2019Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
79000
CY2020Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
318000
CY2019Q2 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
56000
CY2020Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
38000
CY2020Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
1653000
CY2019Q2 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
8348000
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
200269000
CY2019Q2 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
13139000
CY2020Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
33496000
CY2020Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
382532000
CY2019Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
304208000
CY2019Q2 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
4791000
CY2020Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
31843000
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue
208464000
CY2020Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
17042000
CY2019Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
9484000
CY2019Q2 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
23000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
54000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
6494000
CY2019Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1584000
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11141000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
29678000
CY2019Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
10026000
CY2020Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
280000
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
33677000
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
53945000
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount
182263000
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
23326000
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
51143000
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
92123000
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
26321000
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
34000000
CY2019Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
313613000
CY2020Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
399256000
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
190792000
CY2020Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
94198000
CY2019Q2 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
41
CY2020Q1 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
135
CY2019Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
4178000
CY2020Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
3382000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
3520000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
4018000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
66000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
73000
CY2020Q1 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
19000
CY2019Q1 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
21000
CY2020Q1 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
1405000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
1519000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
1541000
CY2019Q1 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
1673000
CY2019Q1 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
2505000
CY2020Q1 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
1977000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
2477000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
2001000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
120000
CY2020Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
31000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
139000
CY2019Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
57000
CY2020Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
1800000
CY2019Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
2000000
CY2020Q1 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
1825000
CY2019Q2 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
1894000
CY2020Q1 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
1800000
CY2019Q2 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
2000000
CY2019Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
1894000
CY2020Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
1825000
CY2019Q1 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
36000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
66000
CY2020Q1 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
12000
CY2020Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
3625000
CY2019Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
3894000
CY2019Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
262000
CY2020Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
241000
CY2020Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
3625000
CY2019Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
3894000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
16129000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
16409000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4614000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5200000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2382000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2809000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
563000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
844000
us-gaap Income Taxes Paid
IncomeTaxesPaid
2473000
us-gaap Income Taxes Paid
IncomeTaxesPaid
1904000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
899000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
762000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2687000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
929000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
308963000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
114544000
us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
1653000
us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
1068000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1944000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
489000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1583000
CY2019Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
546000
CY2020Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
626000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1838000
CY2020Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
9955000
CY2019Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
8900000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
25894000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
29161000
CY2020Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
13437000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
39242000
CY2019Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
11708000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
34111000
CY2019Q1 us-gaap Interest Expense
InterestExpense
1682000
us-gaap Interest Expense
InterestExpense
4433000
us-gaap Interest Expense
InterestExpense
6690000
CY2020Q1 us-gaap Interest Expense
InterestExpense
2296000
CY2020Q1 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
57000
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
542000
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
196000
CY2019Q1 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
98000
CY2020Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
2239000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
3891000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
60304000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
101264000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
631000
CY2020Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
9716000
CY2019Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
9676000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
29886000
us-gaap Interest Paid Net
InterestPaidNet
6675000
us-gaap Net Income Loss
NetIncomeLoss
13320000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
32552000
CY2020Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
178000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
509000
CY2019Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
197000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
608000
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
4184000
CY2019Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1418000
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
5129000
CY2020Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1771000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
28620000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
3151000
CY2020Q1 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
1327000
CY2019Q1 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
978000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
3832000
CY2020Q1 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
1322688000
CY2019Q2 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
1013100000
CY2020Q1 us-gaap Interest Receivable
InterestReceivable
7506000
CY2019Q2 us-gaap Interest Receivable
InterestReceivable
5853000
us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
433000
us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
396000
CY2020Q1 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
120000
CY2019Q1 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
145000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
272000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
217000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1813000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
282000
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
166000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
212000
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
217000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
12346000
CY2019Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
4005000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
11160000
CY2020Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
670000
CY2020Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
4412000
CY2020Q1 us-gaap Liabilities
Liabilities
1460479000
CY2019Q2 us-gaap Liabilities
Liabilities
1157093000
CY2020Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1584472000
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1269462000
CY2019Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
13200000
CY2020Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
15205000
CY2018Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
12024000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
13984000
CY2018Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
12673000
CY2019Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
12846000
CY2020Q1 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
897961000
CY2019Q2 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
798105000
us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
218000
us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
160000
CY2020Q1 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
64000
CY2019Q1 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
31000
CY2020Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
883735000
CY2019Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
785738000
CY2019Q2 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
1600000
CY2020Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
1300000
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
149000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
141000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
13000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
1826000
CY2019Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
585000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
1986000
us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><table cellpadding="0" cellspacing="0" class="DSPFListTable" style="width: 100%; font-family: 'Times New Roman'; font-size: 9pt;"><tr style="vertical-align: top;"><td style="vertical-align: top; width: 27pt;"><div style="text-align: justify;"><font style="font-size: 10pt; font-weight: bold;">(2)</font></div></td><td style="vertical-align: top; width: auto;"><div style="text-align: justify;"><font style="font-size: 10pt; font-weight: bold;">Nature of Operations</font></div></td></tr></table><div><br /></div><div style="text-align: justify; font-size: 10pt;">Greene County Bancorp, Inc.&#8217;s primary business is the ownership and operation of its subsidiaries, The Bank of Greene County and Greene Risk Management, Inc.&#160; The Bank of Greene County has 16 full-service offices, an operations center and lending center located in its market area within the Hudson Valley and Capital District Regions of New York State.&#160; &#160; The Bank of Greene County is primarily engaged in the business of attracting deposits from the general public in The Bank of Greene County&#8217;s market area, and investing such deposits, together with other sources of funds, in loans and investment securities.&#160; Greene Risk Management, Inc. is a pooled captive insurance company, which provides additional insurance coverage for the Company and its subsidiaries related to the operations of the Company for which insurance may not be economically feasible.&#160; The Bank of Greene County also owns and operates two subsidiaries, Greene County Commercial Bank and Greene Property Holdings, Ltd. Greene County Commercial Bank&#8217;s primary business is to attract deposits from and provide banking services to local municipalities. Greene Property Holdings, Ltd. is a real estate investment trust, which holds mortgages and notes which were originated through and serviced by The Bank of Greene County.</div></div>
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15153000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17806000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-267554000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-60635000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
298024000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
107400000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
4356000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
4051000
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1638000
us-gaap Net Income Loss
NetIncomeLoss
14027000
CY2019Q1 us-gaap Noninterest Income
NoninterestIncome
2010000
us-gaap Noninterest Income
NoninterestIncome
6708000
CY2020Q1 us-gaap Noninterest Income
NoninterestIncome
2126000
us-gaap Noninterest Income
NoninterestIncome
6203000
CY2020Q1 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
106844000
CY2019Q2 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
107469000
us-gaap Noninterest Expense
NoninterestExpense
20185000
CY2019Q1 us-gaap Noninterest Expense
NoninterestExpense
6486000
us-gaap Noninterest Expense
NoninterestExpense
18694000
CY2020Q1 us-gaap Noninterest Expense
NoninterestExpense
7228000
CY2020Q1 us-gaap Number Of Stores
NumberOfStores
16
us-gaap Occupancy Net
OccupancyNet
1287000
CY2019Q1 us-gaap Occupancy Net
OccupancyNet
471000
us-gaap Occupancy Net
OccupancyNet
1403000
CY2020Q1 us-gaap Occupancy Net
OccupancyNet
496000
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y5M5D
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
63000
us-gaap Operating Lease Cost
OperatingLeaseCost
205000
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0252
us-gaap Operating Lease Payments
OperatingLeasePayments
226000
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1647000
CY2019Q1 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale
0
us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale
0
us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale
0
CY2020Q1 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSale
0
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
181000
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
421000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
398000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
36000
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
64000
us-gaap Other Operating Income
OtherOperatingIncome
673000
CY2020Q1 us-gaap Other Operating Income
OtherOperatingIncome
250000
CY2019Q1 us-gaap Other Operating Income
OtherOperatingIncome
270000
us-gaap Other Operating Income
OtherOperatingIncome
719000
CY2019Q2 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
0
CY2020Q1 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
4000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
421000
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
181000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
398000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
36000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-563000
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-247000
CY2020Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
113993000
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
101774000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
164360000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
62996000
us-gaap Payments Of Dividends
PaymentsOfDividends
1644000
us-gaap Payments Of Dividends
PaymentsOfDividends
1808000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
50591000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
121783000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
650000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
370000
us-gaap Payments To Acquire Restricted Certificates Of Deposit
PaymentsToAcquireRestrictedCertificatesOfDeposit
1441000
us-gaap Payments To Acquire Restricted Certificates Of Deposit
PaymentsToAcquireRestrictedCertificatesOfDeposit
735000
CY2020Q1 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
4500000
CY2019Q2 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
1500000
CY2020Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2020Q1 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2020Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2020Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
4892000
CY2019Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
3202000
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
0
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
4000000
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
65000
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
287000
CY2019Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
CY2020Q1 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
77974000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
70520000
us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
13007000
us-gaap Proceeds From Sale And Maturity Of Held To Maturity Securities
ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities
22873000
us-gaap Professional Fees
ProfessionalFees
878000
us-gaap Professional Fees
ProfessionalFees
892000
CY2019Q1 us-gaap Professional Fees
ProfessionalFees
280000
CY2020Q1 us-gaap Professional Fees
ProfessionalFees
274000
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13255000
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13366000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2666000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1058000
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1425000
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
350000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1840000
CY2020Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
0
CY2019Q2 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
53000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
5500000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
4500000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
123993000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
112369000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
120546000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
104121000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
96191000
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
108265000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
34000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
215000
CY2019Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
73526
CY2020Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
97926
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8537814
CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
594000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
631000
CY2020Q1 us-gaap Treasury Stock Value
TreasuryStockValue
908000
CY2019Q2 us-gaap Treasury Stock Value
TreasuryStockValue
277000
CY2020Q1 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
979000
CY2019Q2 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
833000
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify; font-size: 10pt;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.&#160; Actual results could materially differ from those estimates.&#160; Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses and the assessment of other-than-temporary security impairment.</div><div><br /></div><div style="text-align: justify; font-size: 10pt;">While management uses available information to recognize losses on loans, future additions to the allowance for loan losses (the &#8220;Allowance&#8221;) may be necessary, based on changes in economic conditions, asset quality or other factors.&#160; In addition, various regulatory authorities, as an integral part of their examination process, periodically review the Allowance.&#160; Such authorities may require the Company to recognize additions to the Allowance based on their judgments of information available to them at the time of their examination.</div><div><br /></div><div><div style="text-align: justify; font-size: 10pt;">Greene County Bancorp, Inc. makes an assessment to determine whether there have been any events or economic circumstances to indicate that a security on which there is an unrealized loss is impaired on an other-than-temporary basis.&#160; The Company considers many factors including the severity and duration of the impairment; the intent and ability of the Company to hold the security for a period of time sufficient for a recovery in value; recent events specific to the issuer or industry; and for debt securities, intent to sell the security, whether it is more likely than not we will be required to sell the security before recovery, whether loss is expected, external credit ratings and recent downgrades.&#160; Securities on which there is an unrealized loss that is deemed to be other-than-temporary are written down to fair value through earnings.</div></div></div>
CY2020Q1 us-gaap Variable Lease Cost
VariableLeaseCost
10000
us-gaap Variable Lease Cost
VariableLeaseCost
30000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2020Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2019Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2019Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8537814
CY2020Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8531304
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8535391
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8537814
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8531304
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8537814
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8535391
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8535391
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8537814
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8537814
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8531304
CY2020Q1 gcbc Number Of Subsidiaries
NumberOfSubsidiaries
2
CY2019Q2 gcbc Nonaccrual Loans With Recent History Of Delinquency Greater Than90 Days
NonaccrualLoansWithRecentHistoryOfDelinquencyGreaterThan90Days
1800000
CY2020Q1 gcbc Nonaccrual Loans With Recent History Of Delinquency Greater Than90 Days
NonaccrualLoansWithRecentHistoryOfDelinquencyGreaterThan90Days
1600000
gcbc Interest Income That Was Recorded On Nonaccrual Loans During Period
InterestIncomeThatWasRecordedOnNonaccrualLoansDuringPeriod
143000
CY2020Q1 gcbc Interest Income That Was Recorded On Nonaccrual Loans During Period
InterestIncomeThatWasRecordedOnNonaccrualLoansDuringPeriod
51000
CY2019Q1 gcbc Interest Income That Was Recorded On Nonaccrual Loans During Period
InterestIncomeThatWasRecordedOnNonaccrualLoansDuringPeriod
26000
gcbc Interest Income That Was Recorded On Nonaccrual Loans During Period
InterestIncomeThatWasRecordedOnNonaccrualLoansDuringPeriod
81000
gcbc Securities Available For Sale Principal Payments On Securities
SecuritiesAvailableForSalePrincipalPaymentsOnSecurities
2335000
gcbc Securities Available For Sale Principal Payments On Securities
SecuritiesAvailableForSalePrincipalPaymentsOnSecurities
7329000
gcbc Securities Held To Maturities Principal Payments On Securities
SecuritiesHeldToMaturitiesPrincipalPaymentsOnSecurities
20127000
gcbc Securities Held To Maturities Principal Payments On Securities
SecuritiesHeldToMaturitiesPrincipalPaymentsOnSecurities
20488000
gcbc Proceeds From Payments Of Short Term Fhl Bank Borrowings Financing Activities
ProceedsFromPaymentsOfShortTermFHLBankBorrowingsFinancingActivities
0
gcbc Proceeds From Payments Of Short Term Fhl Bank Borrowings Financing Activities
ProceedsFromPaymentsOfShortTermFHLBankBorrowingsFinancingActivities
8000000
gcbc Proceeds From Maturities Of Long Term Certificates Of Deposit
ProceedsFromMaturitiesOfLongTermCertificatesOfDeposit
245000
gcbc Proceeds From Maturities Of Long Term Certificates Of Deposit
ProceedsFromMaturitiesOfLongTermCertificatesOfDeposit
245000
CY2020Q1 gcbc Computer Software Supplies And Support
ComputerSoftwareSuppliesAndSupport
285000
gcbc Computer Software Supplies And Support
ComputerSoftwareSuppliesAndSupport
683000
gcbc Computer Software Supplies And Support
ComputerSoftwareSuppliesAndSupport
791000
CY2019Q1 gcbc Computer Software Supplies And Support
ComputerSoftwareSuppliesAndSupport
260000
gcbc Interest Bearing Deposits And Federal Funds Sold
InterestBearingDepositsAndFederalFundsSold
611000
CY2020Q1 gcbc Interest Bearing Deposits And Federal Funds Sold
InterestBearingDepositsAndFederalFundsSold
206000
gcbc Interest Bearing Deposits And Federal Funds Sold
InterestBearingDepositsAndFederalFundsSold
274000
CY2019Q1 gcbc Interest Bearing Deposits And Federal Funds Sold
InterestBearingDepositsAndFederalFundsSold
215000
CY2020Q1 gcbc Service Charges On Deposit Accounts
ServiceChargesOnDepositAccounts
1034000
gcbc Service Charges On Deposit Accounts
ServiceChargesOnDepositAccounts
3270000
gcbc Service Charges On Deposit Accounts
ServiceChargesOnDepositAccounts
3103000
CY2019Q1 gcbc Service Charges On Deposit Accounts
ServiceChargesOnDepositAccounts
960000
gcbc E Commerce Fees
ECommerceFees
102000
gcbc E Commerce Fees
ECommerceFees
90000
CY2019Q1 gcbc E Commerce Fees
ECommerceFees
31000
CY2020Q1 gcbc E Commerce Fees
ECommerceFees
24000
gcbc Debit Card Fees
DebitCardFees
2196000
gcbc Debit Card Fees
DebitCardFees
1929000
CY2019Q1 gcbc Debit Card Fees
DebitCardFees
604000
CY2020Q1 gcbc Debit Card Fees
DebitCardFees
698000
CY2019Q2 gcbc Federal Home Loan Bank Short Term Or Overnight Borrowings
FederalHomeLoanBankShortTermOrOvernightBorrowings
8000000
CY2020Q1 gcbc Federal Home Loan Bank Short Term Or Overnight Borrowings
FederalHomeLoanBankShortTermOrOvernightBorrowings
0
gcbc Number Of Loan Portfolio Segments
NumberOfLoanPortfolioSegments
4
CY2020Q1 gcbc Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
613000
CY2020Q1 gcbc Financing Receivable Increase In Provision For Loan Losses To Reserve For Losses Resulting From Covid19 Pandemic
FinancingReceivableIncreaseInProvisionForLoanLossesToReserveForLossesResultingFromCOVID19Pandemic
500000
CY2020Q1 gcbc Debt Securities Available For Sale And Held To Maturity Amortized Cost
DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCost
590479000
CY2019Q2 gcbc Debt Securities Available For Sale And Held To Maturity Amortized Cost
DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCost
425810000
CY2020Q1 gcbc Debt Securities Available For Sale And Held To Maturity Fair Value
DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue
608378000
CY2019Q2 gcbc Debt Securities Available For Sale And Held To Maturity Fair Value
DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue
436341000
CY2020Q2 gcbc Financing Receivable Loan Deferral Program Number Of Loan Modification Requests Received
FinancingReceivableLoanDeferralProgramNumberOfLoanModificationRequestsReceived
688
CY2019Q2 gcbc Debt Securities Available For Sale And Held To Maturity Accumulated Unrecognized Gain
DebtSecuritiesAvailableForSaleAndHeldToMaturityAccumulatedUnrecognizedGain
10630000
CY2020Q1 gcbc Debt Securities Available For Sale And Held To Maturity Accumulated Unrecognized Gain
DebtSecuritiesAvailableForSaleAndHeldToMaturityAccumulatedUnrecognizedGain
18414000
CY2019Q2 gcbc Debt Securities Available For Sale And Held To Maturity Accumulated Unrecognized Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityAccumulatedUnrecognizedLoss
99000
CY2020Q1 gcbc Debt Securities Available For Sale And Held To Maturity Accumulated Unrecognized Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityAccumulatedUnrecognizedLoss
515000
gcbc Number Of Categories Utilized Under Risk Management Approach Of Diversified Investing
NumberOfCategoriesUtilizedUnderRiskManagementApproachOfDiversifiedInvesting
3
CY2020Q1 gcbc Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
16
CY2019Q2 gcbc Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
18
CY2019Q2 gcbc Number Of Securities Unrealized Loss Position
NumberOfSecuritiesUnrealizedLossPosition
42
CY2020Q1 gcbc Number Of Securities Unrealized Loss Position
NumberOfSecuritiesUnrealizedLossPosition
147
CY2020Q1 gcbc Securities Continuous Unrealized Loss Positions Accumulated Loss
SecuritiesContinuousUnrealizedLossPositionsAccumulatedLoss
515000
CY2019Q2 gcbc Securities Continuous Unrealized Loss Positions Accumulated Loss
SecuritiesContinuousUnrealizedLossPositionsAccumulatedLoss
99000
CY2019Q2 gcbc Securities Continuous Unrealized Loss Positions Fair Value
SecuritiesContinuousUnrealizedLossPositionsFairValue
13995000
CY2020Q1 gcbc Securities Continuous Unrealized Loss Positions Fair Value
SecuritiesContinuousUnrealizedLossPositionsFairValue
60998000
CY2020Q1 gcbc Securities Continuous Unrealized Loss Position Accumulated Loss
SecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
477000
CY2019Q2 gcbc Securities Continuous Unrealized Loss Position Accumulated Loss
SecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
43000
CY2020Q1 gcbc Number Of Securities Unrealized Loss Position Twelve Months Or Longer
NumberOfSecuritiesUnrealizedLossPositionTwelveMonthsOrLonger
16
CY2019Q2 gcbc Number Of Securities Unrealized Loss Position Twelve Months Or Longer
NumberOfSecuritiesUnrealizedLossPositionTwelveMonthsOrLonger
18
CY2020Q1 gcbc Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
1653000
CY2019Q2 gcbc Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
8348000
CY2020Q1 gcbc Number Of Securities Unrealized Loss Position Less Than Twelve Months
NumberOfSecuritiesUnrealizedLossPositionLessThanTwelveMonths
131
CY2019Q2 gcbc Number Of Securities Unrealized Loss Position Less Than Twelve Months
NumberOfSecuritiesUnrealizedLossPositionLessThanTwelveMonths
24
CY2020Q1 gcbc Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear
118
CY2019Q2 gcbc Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear
23
CY2020Q1 gcbc Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
SecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
38000
CY2019Q2 gcbc Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
SecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
56000
CY2019Q2 gcbc Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
5647000
CY2020Q1 gcbc Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
59345000

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