PARENT COMPANY FINANCIAL INFORMATION (Tables)

9 Months Ended

Jun. 30, 2026

PARENT COMPANY FINANCIAL INFORMATION


Gouverneur Bancorp, Inc.

CONDENSED STATEMENTS OF FINANCIAL CONDITION - PARENT COMPANY ONLY
As of June 30, 2026 (unaudited) and September 30, 2025

	June 30, 2026		September 30, 2025
	(unaudited)
	(In Thousands, Except Share and Per Share Amounts)
Assets
Cash and Cash Equivalents:
Cash and due from banks	$	42	$	1,273
Interest bearing deposits with banks		602		—
Total Cash and Cash Equivalents		644		1,273

ESOP loan receivable		478		501

Accrued interest receivable and other assets		175		165
Investment in subsidiary		32,013		30,860

Total Assets	$	33,310	$	32,799

Liabilities and Shareholders' Equity
Accrued interest payable and other liabilities	$	559	$	691

Total Liabilities		559		691

Shareholders' Equity
Preferred stock, $.01 par value: June 30, 2026 and September 30, 2025:
25,000,000 shares authorized; none issued and outstanding		—		—
Common stock, $.01 par value: June 30, 2026 and September 30, 2025:
75,000,000 shares authorized; June 30, 2026: 1,107,134 issued and 1,059,003 outstanding
and September 30, 2025: 1,107,134 issued and 1,050,945 outstanding		11		11
Additional paid-in capital		6,334		6,514
Unearned common stock held by employee stock ownership plan
(unallocated shares June 30, 2026: 46,277: September 30, 2025: 50,133)		(463)		(501)
Retained earnings		29,524		28,972
Authorized but unissued stock, at cost, (shares June 30, 2026: 48,131: September 30, 2025: 56,189)		(672)		(701)
Accumulated other comprehensive loss		(1,983)		(2,187)
Total Shareholders' Equity		32,751		32,108

Total Liabilities and Shareholders' Equity	$	33,310	$	32,799

Summary of condensed income statement


Gouverneur Bancorp, Inc.

CONDENSED STATEMENTS OF EARNINGS - PARENT COMPANY ONLY
For the Three and Nine Months Ended June 30, 2026 and 2025 (unaudited)

	Three Months Ended June 30,				Nine Months Ended June 30,
	2026		2025		2026		2025

	(unaudited)
	(In Thousands, except per share data)
Interest Income:
Loans receivable, including fees	$	—	$	—	$	43	$	44

Total Interest Income		—		—		43		44

Net Interest Income		—		—		43		44

Non-interest Income:
Earnings on deferred fees plan		7		9		16		9
Other non-interest income		—		—		—		2
Earnings from subsidiaries		310		282		948		724

Total Non-interest Income		317		291		964		735

Non-interest Expenses:
Directors' fees		22		18		66		60
Earnings on deferred fees plan		7		9		16		9
Professional fees		16		14		75		74
Other non-interest expenses		33		33		107		141

Total Non-interest Expenses		78		74		264		284

Income before Income Tax Expense		239		217		743		495

Income Tax Expense		—		—		—		—

Net Income	$	239	$	217	$	743	$	495

Basic and Diluted Earnings Per Share	$	0.23	$	0.22	$	0.72	$	0.48

Summary of condensed cash flow


Gouverneur Bancorp, Inc.

CONDENSED STATEMENTS OF CASH FLOWS - PARENT COMPANY ONLY
For the Nine Months Ended June 30, 2026 and 2025 (unaudited)

	Nine Months Ended June 30,
	2026		2025

	(unaudited)
	(In Thousands)
Cash Flows from Operating Activities:
Net income	$	743	$	495
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:
Equity in undistributed net earnings of subsidiaries		(948)		(725)
ESOP expense for shares committed to be released		53		42
Stock based compensation expense		67		15
Net change in accrued interest receivable and other assets		(10)		(3)
Net change in accrued interest payable and other liabilities		(133)		(42)

Net Cash Used in Operating Activities		(228)		(218)

Cash Flows from Investing Activities:
Net decrease in loans receivable		23		21

Net Cash Provided by Investing Activities		23		21

Cash Flows from Financing Activities:
Proceeds from stock option exercises		22		—
Repurchase of authorized stock		(255)		(632)
Cash dividends paid		(191)		(173)

Net Cash Used in Financing Activities		(424)		(805)

Net Decrease in Cash and Cash Equivalents		(629)		(1,002)

Cash and Cash Equivalents - Beginning of Period		1,273		2,440

Cash and Cash Equivalents - End of Period	$	644	$	1,438