Gouverneur Bancorp FY26 Q3 net income rises 10.14% to $239,000; net interest margin widens 10 bps to 4.25%
GOVB•Quarterly results and margin improvement
- Gouverneur Bancorp posted net income of $239,000 for the quarter ended June 30, 2026, up 10.14% from a year earlier.
- Net interest income rose 3.37% to $1.9 million; net interest margin widened 10 basis points to 4.25%.
- Provision for credit losses held at $12,000; non-performing loans climbed to $1.4 million from $695,000 at Sept. 30, 2025.
- Total assets edged up 0.08% to $198.7 million; loans receivable, net increased 2.53% to $135.3 million.
Post-quarter securities sale and reinvestment
- After quarter-end, it sold $23.8 million of AFS securities at an estimated $2 million pre-tax loss, reinvesting $11.6 million at 5.01%.
