NBT BANCORP INC
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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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.
Sep 30, 2025 · Filed Nov 7, 2025
NBTB$53.41-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| (In thousands, except per share data) | 2025 | 2024 | 2025 | 2024 |
| Interest, fee and dividend income | ||||
| Interest and fees on loans | $169,301 | $141,991 | $466,265 | $411,743 |
| Securities available for sale | 12,063 | 7,815 | 33,934 | 22,501 |
| Securities held to maturity | 4,595 | 5,042 | 14,379 | 15,535 |
| Other | 4,508 | 1,382 | 7,870 | 4,154 |
| Total interest, fee and dividend income | $190,467 | $156,230 | $522,448 | $453,933 |
| Interest expense | ||||
| Deposits | $52,101 | $49,106 | $142,908 | $140,133 |
| Short-term borrowings | 816 | 1,431 | 2,728 | 7,751 |
| Long-term debt | 450 | 292 | 1,012 | 873 |
| Subordinated debt | 547 | 1,810 | 4,370 | 5,416 |
| Junior subordinated debt | 1,890 | 1,922 | 5,324 | 5,743 |
| Total interest expense | $55,804 | $54,561 | $156,342 | $159,916 |
| Net interest income | $134,663 | $101,669 | $366,106 | $294,017 |
| Provision for loan losses | 3,100 | 2,920 | 28,489 | 17,398 |
| Net interest income after provision for loan losses | $131,563 | $98,749 | $337,617 | $276,619 |
| Noninterest income | ||||
| Service charges on deposit accounts | $5,100 | $4,340 | $13,921 | $12,676 |
| Card services income | 6,389 | 5,897 | 17,783 | 16,679 |
| Retirement plan administration fees | 15,913 | 14,578 | 47,481 | 43,663 |
| Wealth management | 11,103 | 10,929 | 32,727 | 30,799 |
| Insurance services | 5,260 | 4,913 | 14,118 | 13,149 |
| Bank owned life insurance income | 3,240 | 1,868 | 8,817 | 6,054 |
| Net securities (losses) gains | (2) | 476 | 6 | 2,567 |
| Other | 4,402 | 2,773 | 10,936 | 8,811 |
| Total noninterest income | $51,405 | $45,774 | $145,789 | $134,398 |
| Noninterest expense | ||||
| Salaries and employee benefits | $66,636 | $59,641 | $191,485 | $170,738 |
| Technology and data services | 11,180 | 9,920 | 32,222 | 28,919 |
| Occupancy | 9,053 | 7,754 | 27,118 | 23,523 |
| Professional fees and outside services | 5,941 | 4,871 | 15,914 | 14,289 |
| Office supplies and postage | 2,073 | 1,756 | 5,886 | 5,425 |
| FDIC assessment | 2,262 | 1,815 | 5,776 | 5,217 |
| Advertising | 833 | 711 | 2,945 | 2,396 |
| Amortization of intangible assets | 3,429 | 2,062 | 8,582 | 6,363 |
| Loan collection and other real estate owned, net | 719 | 560 | 1,867 | 1,828 |
| Acquisition expenses | 1,125 | 543 | 19,526 | 543 |
| Other | 7,892 | 6,112 | 22,332 | 17,865 |
| Total noninterest expense | $111,143 | $95,745 | $333,653 | $277,106 |
| Income before income tax expense | $71,825 | $48,778 | $149,753 | $133,911 |
| Income tax expense | 17,354 | 10,681 | 36,027 | 29,275 |
| Net income | $54,471 | $38,097 | $113,726 | $104,636 |
| Earnings per share | ||||
| Basic | $1.04 | $0.81 | $2.27 | $2.22 |
| Diluted | $1.03 | $0.80 | $2.26 | $2.21 |
ConsolidatedStatements ofComprehensive Income
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