NBT BANCORP INC NBTB Income Statement

Nbt bancorp inc (NBTB)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Interest, fee and dividend income
Interest and fees on loans
320,881	321,474	320,637	316,804	309,705	300,827	291,561	282,398	273,512	267,096	261,300	256,628	253,791	250,994	247,874	246,116	243,540	241,828	242,624	242,141	242,827	243,324	242,920	243,520	244,992	238,672	231,423	223,467	211,945	208,458	205,927	203,101	203,718	204,370	205,910	208,220	210,597	213,429	215,162	216,747	0	0	0
Securities available for sale
23,134	23,303	23,996	24,944	25,916	26,920	27,647	28,266	28,481	28,564	27,562	26,297	25,055	24,033	23,180	22,292	21,460	20,418	20,214	21,184	22,652	24,464	26,171	26,596	26,521	25,510	24,784	24,814	25,385	27,005	28,485	29,706	30,545	31,083	31,566	32,416	34,025	36,167	39,339	42,389	0	0	0
Securities held to maturity
17,979	19,105	19,236	18,112	15,834	13,242	11,569	10,853	10,778	10,934	10,787	10,585	10,345	9,852	9,645	9,419	9,238	9,233	9,273	8,308	6,776	5,261	3,687	3,138	2,903	2,660	2,426	2,194	2,263	2,378	2,490	2,598	2,726	2,886	3,070	3,298	3,631	3,968	4,362	4,663	0	0	0
Other
3,597	3,652	3,613	3,445	3,384	3,266	3,184	3,087	2,960	2,813	2,637	2,438	2,238	2,068	1,910	1,773	1,714	1,745	1,756	1,868	1,975	2,032	2,070	2,029	2,015	1,881	1,766	1,642	1,567	1,556	1,536	1,530	1,557	1,658	1,902	2,042	2,071	2,174	2,162	2,286	0	0	0
Total interest, fee and dividend income
365,591	367,534	367,482	363,305	354,839	344,255	333,961	324,604	315,731	309,407	302,286	295,948	291,429	286,947	282,609	279,600	275,952	273,224	273,867	273,501	274,230	275,081	274,848	275,283	276,431	268,723	260,399	252,117	241,160	239,397	238,438	236,935	238,546	239,997	242,448	245,976	250,324	255,738	261,025	266,085	0	0	0
Interest expense
Deposits
40,264	39,986	36,782	32,194	27,039	22,144	18,984	16,475	14,932	14,475	14,215	14,174	14,243	14,366	14,422	14,369	14,281	14,257	14,500	14,444	13,927	13,638	13,627	14,128	15,424	16,290	16,772	17,317	17,855	18,848	19,851	20,659	21,876	23,020	24,417	26,239	28,187	30,354	35,629	41,578	0	0	0
Short-term borrowings
8,253	9,693	11,117	12,128	11,823	10,552	9,042	7,912	6,823	5,996	5,016	3,907	3,120	2,309	1,890	1,425	990	783	704	670	735	845	876	846	704	515	380	208	189	188	188	184	188	205	230	265	336	402	480	513	0	0	0
Interest expense incurred on all long-term debt during the reporting period, excluding junior subordinated debentures.
1,846	1,875	1,822	1,755	1,736	1,790	1,864	2,022	2,169	2,299	2,573	2,803	2,977	3,204	3,273	3,299	3,362	3,355	3,353	3,575	4,874	6,555	8,268	9,762	10,653	11,755	12,823	13,902	14,456	14,428	14,422	14,403	14,414	14,404	14,808	15,561	16,820	18,314	20,050	21,674	0	0	0
Junior subordinated debt
4,183	4,425	4,514	4,508	4,407	4,140	3,866	3,587	3,319	3,144	3,015	2,865	2,734	2,627	2,496	2,396	2,300	2,221	2,190	2,174	2,167	2,165	2,165	2,172	2,194	2,084	1,950	1,835	1,709	1,730	1,728	1,686	1,652	2,092	2,717	3,369	4,002	4,140	4,155	4,185	0	0	0
Total interest expense
54,546	55,979	54,235	50,585	45,005	38,626	33,756	29,996	27,243	25,914	24,819	23,749	23,074	22,506	22,081	21,489	20,933	20,616	20,747	20,863	21,703	23,203	24,936	26,908	28,975	30,644	31,925	33,262	34,209	35,194	36,189	36,932	38,130	39,721	42,172	45,434	49,345	53,210	60,314	67,950	0	0	0
Net interest income
311,045	311,555	313,247	312,720	309,834	305,629	300,205	294,608	288,488	283,493	277,467	272,199	268,355	264,441	260,528	258,111	255,019	252,608	253,120	252,638	252,527	251,878	249,912	248,375	247,456	238,079	228,474	218,855	206,951	204,203	202,249	200,003	200,416	200,276	200,276	200,542	200,979	202,528	200,711	198,135	0	0	0
Provision for loan losses
49,245	25,412	25,936	25,638	27,139	28,828	30,453	32,316	31,105	30,988	31,000	29,499	26,712	25,431	23,045	21,623	20,741	18,285	19,398	19,317	19,585	19,539	17,813	18,126	20,362	22,424	24,198	23,755	21,456	20,269	18,905	19,325	21,243	20,737	21,848	24,202	24,531	29,809	32,223	33,893	0	0	0
Net interest income after provision for loan losses
261,800	286,143	287,311	287,082	282,695	276,801	269,752	262,292	257,383	252,505	246,467	242,700	241,643	239,010	237,483	236,488	234,278	234,323	233,722	233,321	232,942	232,339	232,099	230,249	227,094	215,655	204,276	195,100	185,495	183,934	183,344	180,678	179,173	179,539	178,428	176,340	176,448	172,719	168,488	164,242	0	0	0
Noninterest income
Insurance and other financial services revenue
-	-	24,958	24,709	-	24,345	24,107	23,471	23,266	23,532	23,638	24,216	24,220	24,396	24,824	24,572	24,783	24,211	24,079	24,396	24,154	24,517	24,271	24,130	24,291	24,447	24,049	23,602	23,126	22,387	21,942	21,478	21,224	20,843	20,252	19,720	19,395	18,867	18,908	18,533	0	0	0
Includes amounts charged depositors for: (1) maintenance of their accounts (maintenance charges); (2) failure to maintain specified minimum balances on account; (3) exceeding the number of checks or transactions allowed to be processed in a given period; (4) checks drawn on no minimum balance deposit accounts; (5) withdrawals from non-transaction deposit accounts; (6) closing savings accounts before a specified minimum period of time has elapsed; (7) accounts which have remained inactive for extended period
16,912	17,151	17,293	17,466	17,488	17,224	17,072	16,830	16,745	16,750	16,669	16,762	16,767	16,729	16,809	16,804	16,923	17,056	17,362	17,532	17,644	17,941	18,281	18,817	19,353	19,307	18,998	18,569	18,207	18,225	18,943	19,849	20,733	21,464	21,716	22,137	22,983	24,041	25,494	26,491	0	0	0
Includes amounts charged depositors for use of automated teller machines or remote service units.
24,222	23,893	23,662	23,291	22,951	22,699	22,342	21,993	21,695	21,372	20,893	20,399	19,815	19,448	19,121	18,838	18,583	18,248	17,973	17,633	17,311	17,135	16,865	16,701	16,388	15,558	14,517	13,619	12,638	12,358	12,314	12,071	11,936	11,642	11,277	10,802	10,336	10,035	9,932	9,640	0	0	0
Includes amounts charged to customers for administration of retirement plans.
30,595	30,388	30,283	29,927	29,387	26,992	25,211	23,239	21,380	20,213	19,007	17,864	16,481	16,063	16,072	15,192	14,704	14,146	12,973	12,996	12,407	12,129	11,963	11,753	11,733	11,497	11,336	10,992	10,446	10,097	9,646	9,223	9,080	8,918	9,493	9,810	10,137	10,356	10,009	9,591	0	0	0
Includes amounts charged to customers for wealth management.
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Insurance
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amount of noninterest income derived from trust services during the period.
-	-	19,064	18,663	-	19,524	19,917	20,036	19,932	19,586	19,337	18,945	18,721	18,565	18,617	18,693	18,952	19,026	19,050	19,197	18,954	18,950	18,882	18,469	18,215	16,682	14,446	12,343	9,956	9,172	9,163	9,011	8,957	8,864	8,645	8,341	7,992	7,722	7,129	7,104	0	0	0
Bank owned life insurance income
5,352	5,355	5,358	5,090	5,121	5,091	5,114	5,110	5,111	5,175	5,210	5,262	5,315	5,195	4,814	4,409	4,066	4,334	5,312	5,476	5,526	5,349	4,600	4,418	4,326	3,793	3,497	3,223	2,955	3,077	2,944	2,979	3,021	3,085	3,241	3,222	3,370	3,316	3,127	3,142	0	0	0
Net securities (losses) gains
3,344	4,213	-2,892	-6,516	-6,356	-6,341	2,444	2,028	1,939	1,867	-676	-672	-673	-644	3,074	3,077	3,102	3,087	76	111	99	92	72	363	288	1,426	1,434	1,131	1,289	599	630	616	578	150	2,161	3,269	3,273	3,274	1,340	237	0	0	0
Gain on sale of equity investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
20,795	18,853	16,002	14,759	14,921	15,228	13,263	14,160	12,945	11,991	13,842	14,010	15,450	15,961	16,765	15,949	15,022	14,194	12,052	11,131	10,788	10,513	9,948	10,701	9,669	10,505	11,598	10,876	10,883	11,412	9,913	8,835	7,712	5,345	5,632	5,913	6,187	6,277	6,563	6,618	0	0	0
Total noninterest income
145,625	144,023	133,728	127,389	127,306	124,762	130,288	127,685	123,831	121,304	117,920	116,786	116,096	115,713	120,096	121,713	120,314	118,481	113,056	108,472	126,284	126,027	124,283	124,753	104,263	103,215	99,875	94,355	89,500	87,327	85,495	84,062	83,241	80,311	82,417	83,214	83,673	83,888	82,502	81,356	0	0	0
Noninterest expense
Salaries and employee benefits
158,261	156,867	156,273	155,315	154,474	151,685	147,145	142,425	138,202	135,222	134,669	133,778	133,206	132,060	132,548	129,992	127,892	125,633	121,298	120,004	120,315	119,667	117,715	118,049	116,067	113,580	111,931	109,305	105,137	104,815	103,463	101,890	100,933	99,212	97,307	96,329	96,518	93,718	91,790	87,647	0	0	0
Occupancy
22,426	22,706	22,337	22,382	22,474	22,318	22,314	22,108	21,757	21,808	21,688	21,549	21,619	20,940	21,071	21,362	21,520	22,095	22,060	21,945	21,968	22,128	22,134	22,185	21,969	20,720	19,723	18,898	17,901	17,415	17,117	16,567	16,332	16,363	16,219	16,041	15,720	15,350	15,008	14,909	0	0	0
Data processing and communications
18,137	18,318	18,030	17,972	17,787	17,652	17,463	17,428	17,149	17,068	16,967	16,751	16,643	16,495	16,344	16,368	16,535	16,588	16,690	16,512	16,239	16,137	16,030	16,060	15,899	15,353	14,764	14,057	13,634	13,437	13,227	12,929	12,615	12,271	11,978	11,895	12,043	12,347	12,759	13,112	0	0	0
Professional fees and outside services
15,014	14,785	14,530	14,575	14,552	14,376	14,159	13,686	13,959	13,499	13,460	13,696	13,418	13,617	13,283	13,077	13,141	13,407	13,593	14,151	14,508	14,426	14,831	14,338	13,823	13,309	11,955	11,488	10,639	10,463	10,400	9,880	9,580	8,921	8,858	8,711	8,814	9,032	9,234	9,573	0	0	0
Equipment
18,468	18,583	18,291	18,123	17,756	17,037	16,509	15,923	15,565	15,225	14,856	14,779	14,533	14,295	14,154	13,850	13,619	13,408	13,128	12,975	12,791	12,658	12,460	12,249	12,027	11,493	10,883	10,330	9,829	9,627	9,430	9,283	9,054	8,864	8,781	8,546	8,407	8,317	8,191	8,143	0	0	0
Office supplies and postage
6,624	6,579	6,399	6,295	6,222	6,204	6,244	6,113	6,249	6,284	6,187	6,193	6,229	6,168	6,206	6,344	6,295	6,367	6,584	6,741	6,917	6,983	6,898	6,805	6,658	6,563	6,533	6,490	6,408	6,489	6,497	6,431	6,199	6,073	5,982	5,993	6,105	6,102	5,964	5,851	0	0	0
FDIC expenses
1,240	1,946	3,081	4,324	4,467	4,651	4,712	4,746	4,790	4,767	4,844	4,874	5,031	5,111	5,150	5,218	5,205	5,145	5,136	4,915	4,864	4,944	4,913	5,064	5,108	4,960	4,708	4,362	4,031	3,832	3,698	3,679	3,702	4,267	4,728	5,429	6,024	6,081	6,269	8,680	0	0	0
Advertising
2,879	2,773	2,827	2,889	2,948	2,782	2,809	2,735	2,691	2,744	2,534	2,503	2,442	2,556	2,513	2,300	2,439	2,654	2,837	2,819	2,811	2,831	2,627	2,946	3,220	3,204	3,026	3,005	2,810	2,889	3,482	3,466	3,694	3,460	3,551	3,596	3,388	3,487	0	0	0	-	-
Amortization of intangible assets
3,466	3,600	3,671	3,851	4,054	4,000	4,065	4,004	3,947	4,000	3,951	3,910	3,799	3,928	4,204	4,417	4,676	4,864	4,862	4,972	5,021	5,047	5,145	5,216	5,331	4,872	4,412	3,936	3,426	3,394	3,290	3,202	3,132	3,046	3,030	3,015	3,024	3,072	3,155	3,213	0	0	0
Includes expenses incurred to support loan collection efforts and administration of other real estate owned.
4,390	4,158	3,460	3,718	3,665	4,217	4,615	5,065	4,821	4,763	4,550	3,851	4,032	3,458	3,562	3,276	2,453	2,620	2,295	2,301	3,080	3,248	3,140	3,321	2,941	2,619	2,534	2,262	2,640	2,560	2,844	2,906	2,550	2,631	2,599	2,471	2,696	3,036	3,030	3,156	0	0	0
Merger expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,364	12,989	13,221	12,778	2,608	2,050	1,492	0	-	0	0	-	-	-	-	-	-	-
Prepayment penalties on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-
Other
26,271	24,440	24,403	20,606	20,308	19,597	19,106	19,012	19,548	20,308	16,137	16,972	18,028	17,294	19,867	22,975	22,923	23,395	23,818	20,793	19,832	20,092	20,922	20,824	21,013	19,890	18,575	17,824	16,885	16,358	16,715	15,948	14,983	14,764	14,005	13,600	13,927	13,223	13,246	13,552	0	0	0
Total noninterest expense
277,155	274,734	273,344	270,092	268,749	264,561	259,101	253,205	248,638	245,648	239,843	238,856	238,980	235,922	238,902	239,179	236,698	236,176	232,300	241,476	246,248	246,063	244,806	232,025	225,739	228,927	222,033	215,178	206,118	193,887	192,707	188,322	184,089	180,676	180,514	180,152	181,192	178,291	172,073	169,328	0	0	0
Income before income tax expense
130,270	155,432	147,695	144,379	141,252	137,002	140,939	136,772	132,576	128,161	124,544	120,630	118,759	118,801	118,677	119,022	117,894	116,628	114,478	100,317	112,978	112,303	111,576	122,977	105,618	89,943	82,118	74,277	68,877	77,374	76,132	76,418	78,325	79,174	80,331	79,402	78,929	78,316	78,917	76,270	0	0	0
Income tax expense
28,008	34,411	26,982	26,238	25,545	24,436	39,388	42,152	44,718	46,010	40,422	39,383	38,962	40,392	40,749	41,244	40,744	40,203	38,667	33,445	37,747	37,229	37,090	40,146	33,511	28,196	25,180	22,061	20,320	22,816	20,968	20,572	21,081	21,273	21,718	21,436	21,194	20,912	22,369	22,732	0	0	0
Net income
102,262	121,021	120,713	118,141	115,707	112,566	101,551	94,620	87,858	82,151	84,122	81,247	79,797	78,409	77,928	77,778	77,150	76,425	75,811	66,872	75,231	75,074	74,486	82,831	72,107	61,747	56,938	52,216	48,557	54,558	55,164	55,846	57,244	57,901	58,613	57,966	57,735	57,404	56,548	53,538	0	0	0
Earnings per share
Basic (in dollars per share)
0.24	0.65	0.74	0.70	0.67	0.66	0.68	0.64	0.60	0.41	0.52	0.49	0.47	0.45	0.46	0.46	0.44	0.44	0.45	0.44	0.41	0.42	0.25	0.63	0.41	0.43	0.44	0.39	0.21	0.39	0.43	0.40	0.41	0.41	0.46	0.43	0.42	0.42	0.42	0.42	0.41	0.40	0.34
Diluted (in dollars per share)
0.23	0.66	0.73	0.69	0.66	0.65	0.68	0.64	0.59	0.40	0.52	0.49	0.46	0.45	0.46	0.46	0.43	0.43	0.45	0.43	0.41	0.41	0.25	0.62	0.41	0.43	0.44	0.38	0.21	0.38	0.43	0.40	0.41	0.42	0.45	0.43	0.41	0.41	0.42	0.42	0.41	0.40	0.34