Greene County Bancorp, Inc. reported earnings results for the second quarter and six months ended December 31, 2014. For the quarter, the company's earnings improved from the prior-year period. The company reported net income of $1.8 million, or $0.43 per share, compared with the prior-year period's $1.7 million, or $0.41 per share. Net income increased $86,000, or 5% year over year. Net interest income increased $475,000 to $5.8 million from $5.4 million in the same quarter last year. The increase resulted from a rise in its net interest spread and margin along with an increase in average loan balances.

For the six months, the company reported net income of $3.6 million or $0.84 per diluted share compared to $3.5 million or $0.82 per diluted share a year ago.