NBT BANCORP INC
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
NBTB$53.41-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets at December 31, 2023 and 2022
| As of December 31, | ||||
|---|---|---|---|---|
| (In thousands except share and per share data) · 2023 · 2022 | ||||
| Assets | ||||
| Cash and due from banks | $173,811 | $166,488 | ||
| Short-term interest-bearing accounts | 31,378 | 30,862 | ||
| Equity securities, at fair value | 37,591 | 30,784 | ||
| Securities available for sale, at fair value | 1,430,858 | 1,527,225 | ||
| Securities held to maturity (fair value $814,524 and $812,647, respectively) | 905,267 | 919,517 | ||
| Federal Reserve and Federal Home Loan Bank stock | 45,861 | 44,713 | ||
| Loans held for sale | 3,371 | 562 | ||
| Loans | 9,650,713 | 8,150,147 | ||
| Less allowance for loan losses | 114,400 | 100,800 | ||
| Net loans | $9,536,313 | $8,049,347 | ||
| Premises and equipment, net | 80,675 | 69,047 | ||
| Goodwill | 361,851 | 281,204 | ||
| Intangible assets, net | 40,443 | 7,341 | ||
| Bank owned life insurance | 265,732 | 232,409 | ||
| Other assets | 395,889 | 379,797 | ||
| Total assets | $13,309,040 | $11,739,296 | ||
| Liabilities | ||||
| Demand (noninterest bearing) | $3,413,829 | $3,617,324 | ||
| Savings, NOW and money market | 6,230,456 | 5,444,837 | ||
| Time | 1,324,709 | 433,772 | ||
| Total deposits | $10,968,994 | $9,495,933 | ||
| Short-term borrowings | 386,651 | 585,012 | ||
| Long-term debt | 29,796 | 4,815 | ||
| Subordinated debt, net | 119,744 | 96,927 | ||
| Junior subordinated debt | 101,196 | 101,196 | ||
| Other liabilities | 276,968 | 281,859 | ||
| Total liabilities | $11,883,349 | $10,565,742 | ||
| Stockholders’ equity | ||||
| Preferred stock, $0.01 par value, 2,500,000 shares authorized | $ | - | $ | - |
| Common stock, $0.01 par value, 100,000,000 shares authorized; 53,974,492 and 49,651,493 shares issued, respectively | 540 | 497 | ||
| Additional paid-in-capital | 740,943 | 577,853 | ||
| Retained earnings | 1,021,831 | 958,433 | ||
| Accumulated other comprehensive loss | (160,934) | (190,034) | ||
| Common stock in treasury, at cost, 6,864,593 and 6,793,670 shares, respectively | (176,689) | (173,195) | ||
| Total stockholders’ equity | $1,425,691 | $1,173,554 | ||
| Total liabilities and stockholders’ equity | $13,309,040 | $11,739,296 | ||
Consolidated
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.