Gouverneur Bancorp Announces 2016 Fiscal Year Second Quarter and Six Months Results
PR Newswire - Fri May 06, 8:41AM CDT
Gouverneur Bancorp, Inc. (OTC Pink: GOVB) (the "Company"
Gouverneur Bancorp declares 33rd consecutive half yearly dividend of USD0.17 per share
M2 - Tue Feb 02, 3:08AM CST
President and chief executive officer Charles C Van Vleet of Gouverneur Bancorp Inc (OTC Pink:GOVB) and its subsidiary, Gouverneur Savings and Loan Association, disclosed on Monday a semi-annual dividend of USD0.17 per share, as approved by the company's board of directors.
Gouverneur Bancorp, Inc. Announces Semi-Annual Dividend
PR Newswire - Mon Feb 01, 9:29AM CST
Charles C. Van Vleet, President and Chief Executive Officer of Gouverneur Bancorp, Inc. (OTC Pink: GOVB) ("Bancorp" or the "Company"
Gouverneur Bancorp reports Q1 FY2016 net income of USD283,000
M2 - Fri Jan 29, 8:49AM CST
Gouverneur Bancorp, Inc. (OTC Pink: GOVB), has reported net income of USD283,000 for the first quarter of fiscal year 2016 ended December 31, 2015, representing a decrease of USD127,000 or 30.98 percent below last year's net income of USD410,000 or USD0.18 per diluted share, the company said. For the three months ended December 31, 2015 the company reported net income of USD283,000, or USD0.13 per diluted share, representing a decrease of USD127,000, or 30.98 percent, below last year's net income of USD410,000, or USD0.18 per diluted share. The annualized return on average assets decreased from 1.14 percent to 0.80 percent and the return on average equity decreased from 5.84 percent to 3.89 percent for the three months ended December 31, 2015 and 2014, respectively. Total assets increased by USD0.96 million, or 0.69 percent from USD139.71 million at September 30, 2015 to USD140.67 million at December 31, 2015. Net loans increased USD0.38 million, or 0.04 percent, to USD104.93 million over the same period and securities available for sale increased by USD1.06 million, or 5.54 percent, to USD20.26 million. Net interest income decreased USD51,000, or 3.58 percent, from USD1,423,000 for the quarter ended December 31, 2014 to USD1,372,000 for the quarter ended December 31, 2015. Interest income decreased USD37,000, or 2.32 percent, while interest expense increased USD14,000, or 8.05 percent over the same period. Non-interest income decreased USD19,000, or 6.11 percent to USD292,000 for the quarter ended December 31, 2015 compared to USD311,000 for the quarter ended December 31, 2014. An USD11,000 decrease in service charge income was a primary factor in the fiscal 2016 first quarter net decrease. Non-interest expense increased USD52,000 from the first quarter of fiscal 2015 to the first quarter of fiscal 2016. Earnings expense on the deferred fees plan increased USD39,000 while expenses associated with salaries and related employee benefits increased USD29,000 for the period. Non-performing loans were USD3,254,000 at December 31, 2015 compared to USD3,625,000 at September 30, 2015. There was a USD145,000 loan loss provision for the quarter ended December 31, 2015. The allowance for loan losses was USD1,019,000 or 0.97 percent of total gross loans outstanding at December 31, 2015. Foreclosed real estate was USD459,000 and USD637,000 at December 31, 2015 and September 30, 2015, respectively. Gouverneur Bancorp, Inc. is the holding company for Gouverneur Savings and Loan Association. Founded in 1892, the bank is a New York State chartered savings and loan association offering a variety of banking products and services to individuals and businesses in its primary market area in southern St. Lawrence and northern Lewis and Jefferson Counties in New York State.
Gouverneur Bancorp Announces Fiscal 2016 First Quarter Results
PR Newswire - Mon Jan 25, 7:48AM CST
Gouverneur Bancorp, Inc. (OTC Pink: GOVB) (the "Company"
Gouverneur Bancorp Announces Fiscal 2015 Results
PR Newswire - Fri Nov 20, 9:15AM CST
Charles C. Van Vleet Jr., President and Chief Executive Officer of Gouverneur Bancorp, Inc. (OTC Pink: GOVB) (the "Company"
Gouverneur Bancorp's mutual holding company announces special meeting for approval of dividend waiver
M2 - Thu Oct 08, 3:26AM CDT
Gouverneur Bancorp Inc (OTC Pink:GOVB) disclosed on Wednesday that the mutual holding company that owns 58.96% of its outstanding common stock, Cambray Mutual Holding Company (Cambray MHC), will hold a special meeting on 16 November 2015 to vote on a proposal to waive its right to receive annual dividends.
Mutual Holding Company For Gouverneur Bancorp, Inc. to Seek Member Approval for Dividend Waiver
PR Newswire - Wed Oct 07, 12:55PM CDT
Gouverneur Bancorp, Inc. (the "Company"
Gouverneur Bancorp declares half yearly dividend of USD0.17 per share
M2 - Tue Aug 04, 6:36AM CDT
President and chief executive officer Charles C. Van Vleet of Gouverneur Bancorp Inc (OTC Pink:GOVB) revealed on Monday that the company will pay a semi-annual dividend of USD0.17 per share, as approved by its board of directors.
Gouverneur Bancorp Announces 2015 Third Quarter and Nine Months Results
PR Newswire - Mon Aug 03, 8:04AM CDT
Gouverneur Bancorp, Inc. (OTC Pink: GOVB) (the "Company"