NBT BANCORP INC
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 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 Statements of Comprehensive Income (Loss)
Comprehensive Income (Loss) (unaudited)
| Three Months Ended March 31, | |||
|---|---|---|---|
| (In thousands) · 2024 · 2023 | |||
| Net income | $33,823 | $33,658 | |
| Other comprehensive income (loss), net of tax: | |||
| Securities available for sale: | |||
| Unrealized net holding (losses) gains arising during the period, gross | $(5,292) | $15,725 | |
| Tax effect | 1,323 | (3,931) | |
| Unrealized net holding (losses) gains arising during the period, net | $(3,969) | $11,794 | |
| Reclassification adjustment for net losses in net income, gross | $ | - | $5,000 |
| Tax effect | - | (1,250) | |
| Reclassification adjustment for net losses in net income, net | $ | - | $3,750 |
| Amortization of unrealized net gains for the reclassification of available for sale securities to held to maturity, gross | $96 | $114 | |
| Tax effect | (24) | (28) | |
| Amortization of unrealized net gains for the reclassification of available for sale securities to held to maturity, net | $72 | $86 | |
| Total securities available for sale, net | $(3,897) | $15,630 | |
| Pension and other benefits: | |||
| Amortization of prior service cost and actuarial losses, gross | $452 | $649 | |
| Tax effect | (113) | (163) | |
| Amortization of prior service cost and actuarial losses, net | $339 | $486 | |
| Total pension and other benefits, net | $339 | $486 | |
| Total other comprehensive (loss) income | $(3,558) | $16,116 | |
| Comprehensive income | $30,265 | $49,774 | |
Consolidated Statements of
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.