Latest news with #GreeneCounty
Yahoo
5 hours ago
- Business
- Yahoo
Greene County homes for sale were listed at lower prices in June. What to know
The median home in Greene County listed for $329,499 in June, down 3% from the previous month's $339,500, an analysis of data from shows. Compared to June 2024, the median home list price slightly decreased from $332,450. The statistics in this article only pertain to houses listed for sale in Greene County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at Greene County's median home was 1,911 square feet, listed at $169 per square foot. The price per square foot of homes for sale is down 1.1% from June 2024. Listings in Greene County moved steadily, at a median 45 days listed compared to the June national median of 53 days on the market. In the previous month, homes had a median of 42 days on the market. Around 546 homes were newly listed on the market in June, an 11% increase from 492 new listings in June 2024. The median home prices issued by may exclude many, or even most, of a market's homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales. Across the Springfield metro area, median home prices fell to $340,000, slightly lower than a month earlier. The median home had 1,913 square feet, at a list price of $171 per square foot. In Missouri, median home prices were $310,995, a slight increase from May. The median Missouri home listed for sale had 1,761 square feet, with a price of $172 per square foot. Throughout the United States, the median home price was $440,950, a slight increase from the month prior. The median American home for sale was listed at 1,852 square feet, with a price of $233 per square foot. The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on Springfield News-Leader: Greene County homes for sale were listed at lower prices in June 2025 Solve the daily Crossword
Associated Press
16 hours ago
- Business
- Associated Press
Greene County Bancorp, Inc. Reports Record High Net Income of $31.1 Million for the Fiscal Year Ended June 30, 2025, Announces Plans to Expand into Saratoga County
CATSKILL, N.Y., July 23, 2025 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (the 'Company') (NASDAQ: GCBC), the holding company for the Bank of Greene County and its subsidiary Greene County Commercial Bank, today reported net income for the quarter and fiscal year ended June 30, 2025. Net income for the quarter and fiscal year ended June 30, 2025 was $9.3 million, or $0.55 per basic and diluted share, and $31.1 million, or $1.83 per basic and diluted share, respectively, as compared to $6.7 million, or $0.40 per basic and diluted share, and $24.8 million, or $1.45 per basic and diluted share, for the quarter and fiscal year ended June 30, 2024, respectively. Net income increased $2.6 million, or 38.6%, when comparing the quarters ended June 30, 2025 and 2024, and increased $6.3 million, or 25.7%, when comparing the fiscal years ended June 30, 2025 and 2024. Highlights: Donald Gibson, President & CEO, stated: 'I am pleased to report record high net income for the fiscal year ended June 30, 2025, marking 16 years of the past 17 years that our Company has achieved record earnings. This sustained performance is a testament to our disciplined business model, strong community partnerships and exceptional execution of our team. As we look ahead, we are excited to announce plans to expand into Saratoga County with our first branch in that market area, expanding our geographic footprint from five to six counties within New York State, and further strengthening our position as the leading economic engine of the communities we serve. Additionally, we are honored to be recognized by the Albany Business Review, first as one of the Capital Regions 11 fastest growing large companies, defined as those with revenue exceeding $100.0 million, and second, on July 17, 2025, we ranked as the number one commercial mortgage lender in New York's Capital Region for commercial loan volume in 2024. I believe the distinction reflects our financial strength and our long-term commitment to organic growth that benefits customers, communities and shareholders alike.' Total consolidated assets for the Company were $3.0 billion at June 30, 2025, primarily consisting of $1.6 billion of net loans and $1.1 billion of total securities available-for-sale and held-to-maturity. Consolidated deposits totaled $2.6 billion at June 30, 2025, consisting of retail, business, municipal and private banking relationships. Pre-provision net income was $32.5 million for the year ended June 30, 2025 as compared to $25.5 million for the year ended June 30, 2024, an increase of $7.0 million, or 27.1%. Pre-provision net income measures the Company's net income less the provision for credit losses. Management believes that this non-GAAP measure assists investors in comprehending the impact of the provision for credit losses on the Company's reported results, offering an alternative view of the Company's performance and the Company's ability to generate income in excess of its provision for credit losses. The Company strategically managed its balance sheet by focusing on higher-yielding loans and securities, and lowering deposit rates to align with the Federal Reserve's recent interest rate cuts. This resulted in a higher net interest margin for the year ended June 30, 2025 as compared to the year ended June 30, 2024. The Company will continue to monitor the Federal Reserve and interest rates paid on deposits, while maintaining our long-term customer relationships. Selected highlights for the quarter and fiscal year ended June 30, 2025 are as follows: Net Interest Income and Margin Credit Quality and Provision for Credit Losses Noninterest Income and Noninterest Expense Income Taxes Balance Sheet Summary Corporate Overview Greene County Bancorp, Inc. is the holding company for the Bank of Greene County, and its subsidiary Greene County Commercial Bank. The Company is the leading provider of community-based banking services throughout the Hudson Valley and Capital Region of New York State. Its customers include individuals, businesses, municipalities and other institutions. Greene County Bancorp, Inc. (GCBC) is publicly traded on the Nasdaq Capital Market and is dedicated to promoting economic development and a high quality of life in the communities it serves. For more information on Greene County Bancorp, Inc., visit Forward-Looking Statements This earnings release contains statements about future events that constitute forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by references to a future period or periods or by the use of the words 'believe,' 'expect,' 'anticipate,' 'intend,' 'estimate,' 'assume,' 'will,' 'should,' 'could,' 'plan,' and other similar terms of expressions. Forward-looking statements should not be relied on because they involve known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control. These risks, uncertainties and other factors may cause the actual results, performance or achievements expressed in, or implied by, the forward-looking statements to differ materially from those contemplated by the forward-looking statements. Factors that may cause such a difference include, but are not limited to, local, regional, national and international general economic conditions, including actual or potential stress in the banking industry, financial and regulatory changes, changes in interest rates, regulatory considerations, competition, technological developments, retention and recruitment of qualified personnel, changes in customer deposit behavior, and market acceptance of the Company's pricing, products and services. The Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date made, and advises readers that various factors, including, but not limited to, those described above and other factors discussed in the Company's annual and quarterly reports previously filed with the Securities and Exchange Commission, could affect the Company's financial performance and could cause the Company's actual results or circumstances for future periods to differ materially from those anticipated or projected. Unless required by law, the Company does not undertake, and specifically disclaims any obligations to, publicly release any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements. For more information, please see our reports filed with the United States Securities and Exchange Commission ('SEC'), including our most recent annual report on Form 10-K and quarterly reports on Form 10-Q. Non-GAAP Measures In addition to presenting information in conformity with accounting principles generally accepted in the United States of America (GAAP), this news release contains financial information determined by methods other than GAAP (non-GAAP). The following measures used in this release, which are commonly utilized by financial institutions, have not been specifically exempted by the Securities and Exchange Commission ('SEC') and may constitute 'non-GAAP financial measures' within the meaning of the SEC's rules. The Company has provided in this news release supplemental disclosures for the calculation of net interest margin utilizing a fully taxable-equivalent adjustment and pre-provision net income. Management believes that the non-GAAP financial measures disclosed by the Company from time to time are useful in evaluating the Company's performance and that such information should be considered as supplemental in nature and not as a substitute for or superior to the related financial information prepared in accordance with GAAP. Our non-GAAP financial measures may differ from similar measures presented by other companies. Refer to the tables on page 9 for Non-GAAP to GAAP reconciliations. The above information is preliminary and based on the Company's data available at the time of presentation. Non-GAAP to GAAP Reconciliations The following table summarizes the adjustments made to arrive at the fully taxable-equivalent net interest margins. (1) Interest income calculated on a taxable-equivalent basis (non-GAAP) includes the additional interest income that would have been earned if the Company's investment in tax-exempt securities and loans had been subject to federal and New York State income taxes yielding the same after-tax income. The rate used for this adjustment was 21% for federal income taxes for the three and twelve months ended June 30, 2025 and 2024, 4.44% for New York State income taxes for the three and twelve months ended June 30, 2025 and 2024. The following table summarizes the adjustments made to arrive at pre-provision net income. The above information is preliminary and based on the Company's data available at the time of presentation. For Further Information Contact: Donald E. Gibson President & CEO (518) 943-2600 [email protected] Nick Barzee SVP & CFO (518) 943-2600 [email protected]
Daily Mail
5 days ago
- Daily Mail
My beautiful daughter died mysteriously while camping...what a private investigator told me has left me distraught
A mother whose daughter was found dead a month after she mysteriously disappeared while camping is convinced she was murdered after she hired a private investigator to look into her death. Jessica Paige Kemp, 32, was last seen alive on May 5 while camping alone near Lake Ashbaugh in Arkansas. Kemp, who was described as an avid camper by her family, called the Greene County Sheriff's Office that evening after she became concerned someone was underneath her vehicle. Deputies responded but left her, after they determined there was nothing under or in her vehicle. There was no sign of Kemp for over a month until June 10, when her fiancé Paden Raburn and her family encountered a strong smell while out searching for her. Raburn said their search had been drawn towards a field after some of Kemp's belongings were found scattered nearby. Skeletal remains were eventually found two-and-a-half miles from her campsite by deputies. They were formally identified as Kemp shortly after by authorities. Believing there was more to the story, her mother Sandy Kemp hired a private investigator and is now convinced she was murdered. She told WREG: 'She didn't get lost, my daughter didn't get lost. I think my daughter was murdered. Actually I know she was.' Remembering her daughter, she added: 'She was smart, kind, very giving, she'd give away her last dollar. 'She was one of a kind, absolutely beautiful soul, absolutely beautiful.' The Daily Mail has attempted to contact Sandy for further comment on her claims. Sandy said that her daughter had read a text from her on May 5, which she then followed up with again the following day, it went unanswered. 'She stopped using her debit card, no responses from her to anybody, and we've always been a very, very close family, so we knew something was wrong', she added. Search teams looking for Kemp found her car abandoned, her purse was still inside and items were scattered around the vehicle. Officials say they are continuing to investigate the circumstances surrounding her death, but Sandy has been critical of the approach. The Greene County Sheriff Brad Snyder responded to her concerns in a post to Facebook before the body of Kemp was found. In his post, dated May 30, the sheriff said that Kemp had stopped taking medication for her mental health. He also disclosed that she has a known drug addiction and that it was not uncommon for her to go without speaking to her family for months at a time. The office also suggested that there was no body cam footage from officers who initially met with Kemp before she disappeared. Snyder also said that Kemp wasn't reported missing until May 14 after her disappearance was initially reported to another department. It added: 'When she was reported missing, she was reported missing to the Jonesboro Police Department. 'When our department learned of the missing persons report, we responded to the campsite to begin investigating. 'Between my patrol deputies and criminal investigators, my department has well over 200 man hours invested in attempting to locate Ms. Kemp.' Snyder also said there was no signs of foul play at the scene. An obituary described Kemp as being 'a creative and crafty spirit', who had a love for the outdoors. It said: 'Paige had a knack for turning the ordinary into something special. She loved painting, crafting, and bringing color and life to the world around her. 'Animals held a special place in her heart—especially turtles—and her gentle spirit made her a beloved presence in every life she touched. 'Paige's sweet soul, love of nature, and genuine heart will be deeply missed by all who knew her.' A memorial service was held last weekend to remember her.
Yahoo
5 days ago
- Business
- Yahoo
Greene County Bancorp (NASDAQ:GCBC) Is Paying Out A Larger Dividend Than Last Year
The board of Greene County Bancorp, Inc. (NASDAQ:GCBC) has announced that it will be increasing its dividend by 11% on the 29th of August to $0.10, up from last year's comparable payment of $0.09. This takes the annual payment to 1.4% of the current stock price, which unfortunately is below what the industry is paying. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Greene County Bancorp's Dividend Forecasted To Be Well Covered By Earnings The dividend yield is a little bit low, but sustainability of the payments is also an important part of evaluating an income stock. Greene County Bancorp has established itself as a dividend paying company with over 10 years history of distributing earnings to shareholders. Using data from its latest earnings report, Greene County Bancorp's payout ratio sits at 21%, an extremely comfortable number that shows that it can pay its dividend. If the trend of the last few years continues, EPS will grow by 9.5% over the next 12 months. Assuming the dividend continues along recent trends, we think the future payout ratio could be 22% by next year, which is in a pretty sustainable range. Check out our latest analysis for Greene County Bancorp Greene County Bancorp Has A Solid Track Record Even over a long history of paying dividends, the company's distributions have been remarkably stable. Since 2015, the annual payment back then was $0.18, compared to the most recent full-year payment of $0.36. This means that it has been growing its distributions at 7.2% per annum over that time. Dividends have grown at a reasonable rate over this period, and without any major cuts in the payment over time, we think this is an attractive combination as it provides a nice boost to shareholder returns. The Dividend Has Growth Potential Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. It's encouraging to see that Greene County Bancorp has been growing its earnings per share at 9.5% a year over the past five years. Greene County Bancorp definitely has the potential to grow its dividend in the future with earnings on an uptrend and a low payout ratio. We Really Like Greene County Bancorp's Dividend Overall, a dividend increase is always good, and we think that Greene County Bancorp is a strong income stock thanks to its track record and growing earnings. Earnings are easily covering distributions, and the company is generating plenty of cash. All of these factors considered, we think this has solid potential as a dividend stock. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Are management backing themselves to deliver performance? Check their shareholdings in Greene County Bancorp in our latest insider ownership analysis. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
6 days ago
- Yahoo
Trial halted for woman charged in death of Mercedes Luna
GREENE COUNTY, Mo. — A jury trial scheduled for July 21 has been put on hold, with a new plea date yet to be determined. According to online court documents, the parties involved in Marjorie Dewitt's case, the woman accused of first-degree involuntary manslaughter of Mercedes Luna, leaving the scene of an accident resulting in death, and tampering with physical evidence, have come to an agreement. The court will work with the parties to set a plea date. According to the probable cause statement, on May 7, 2021, Luna had to swerve into the ditch to avoid the Santa Fe driven by Dewitt. Luna lost control of her car during the maneuver and was hit by a FedEx truck. Dewitt was trying to pass the FedEx truck in the southbound lane of 125. On November 4, Dewitt turned herself in with her attorney and pleaded not guilty. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
