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GBNY| Name | Value |
|---|---|
| Revenues | 5,685.0K |
| Cost of Revenue | 0.0K |
| Gross Profit | 5,685.0K |
| Operating Expense | 1,069.0K |
| Operating I/L | -774.0K |
| Other Income/Expense | -744.0K |
| Interest Income | 4,525.0K |
| Pretax | -774.0K |
| Income Tax Expense | -168.0K |
| Net Income/Loss | -606.0K |
Generations Bancorp NY, Inc. operates as a holding company for Generations Bank, offering a range of banking products and services. The company generates revenue through various deposit accounts, including demand, NOW, money market, savings, and certificates of deposit accounts. It also provides a diverse portfolio of loans, such as residential real estate, commercial real estate, consumer business, and other consumer loans, as well as home equity loans and lines of credit. Additionally, the company invests in securities, including corporate and municipal bonds, mortgage-backed securities, and offers insurance and other financial products.
