Subsequent events

3 Months Ended

Sep. 30, 2025

Subsequent events [Abstract]

Subsequent events

(15)

Subsequent events

On October 22, 2025, the Board of Directors announced a cash dividend for the quarter ended September 30, 2025, of $0.10 per share on the Company’s common stock. The dividend reflects an annual cash dividend rate of $0.40 per share, which was the same rate as the dividend declared during the previous quarter. The dividend will be payable to stockholders of record as of November 14, 2025, and is expected to be paid on November 28, 2025. Greene County Bancorp, MHC intends to waive its receipt of this dividend.

As previously disclosed in the Company’s Current Report on Form 8-K filed on October 1, 2025, the Company redeemed the entire outstanding principal amount of the $20.0 million 4.75% Fixed-to-Floating Rate Subordinated Notes on October 1, 2025. The Subordinated Notes were due September 17, 2030, and the redemption price for the Subordinated Notes was equal to 100% of the aggregate principal amount, plus accrued interest. The redemption was funded by cash on hand.

Management has reviewed events from the date of the unaudited consolidated financial statements, and accompanying notes thereto, through the date of issuance, and determined that no subsequent events occurred requiring adjustment to or disclosure in these unaudited consolidated financial statements.