Gouverneur Bancorp, Inc., the holding company for Gouverneur Savings and Loan Association, has announced its financial results for the third quarter and nine months ending June 30, 2025. The company reported a net income of $217,000, or $0.22 per basic and diluted share, for the quarter ended June 30, 2025, an increase from the net income of $183,000, or $0.17 per basic and diluted share, for the same period in 2024. For the nine months ended June 30, 2025, net income was $495,000, or $0.48 per basic and diluted share, compared to $403,000, or $0.38 per share, for the same period in the previous year. Total assets decreased by $0.6 million, or 0.27%, from $197.3 million at September 30, 2024, to $196.7 million at June 30, 2025. Securities available for sale declined by $3.6 million, or 8.05%, from $45.3 million to $41.7 million during the same period. Meanwhile, net loans saw an increase of $1.6 million, or 1.35%. The financial performance was primarily driven by net interest income, which is the difference between interest earned on interest-earning assets and interest paid on interest-bearing liabilities. The company also noted the impact of non-interest income, which includes service charges and loan servicing fees, and non-interest expenses such as salaries and employee benefits. No specific outlook or guidance was provided in the announcement.