NBT Bancorp Inc. (NBTB) Financial Statements (2023 and Earlier)

Company Profile

Business Address 52 S BROAD ST
NORWICH, NY 13815
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,303703245204171158149
Cash and cash equivalents1,269673217181160149140
Short-term investments343128231198
Deferred costs      39
Total current assets:1,303703245204171158187
Noncurrent Assets
Operating lease, right-of-use asset232635
Property, plant and equipment72747679818489
Intangible assets, net (including goodwill)289292287290281281283
Goodwill281281275275268265266
Intangible assets, net (excluding goodwill)9121216131617
Total noncurrent assets:385393397369363365372
Other undisclosed assets10,3259,8379,0748,9838,6038,3437,703
TOTAL ASSETS:12,01210,9339,7169,5569,1378,8678,263
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt98168655872719682442
Total current liabilities:98168655872719682442
Noncurrent Liabilities
Other undisclosed liabilities10,6649,5777,9407,6677,4607,2726,938
Total liabilities:10,7629,7458,5968,5388,1797,9547,381
Stockholders' equity
Stockholders' equity attributable to parent1,2501,1881,1201,018958913882
Common stock0000000
Treasury stock, value(160)(140)(134)(136)(138)(143)(135)
Additional paid in capital577578577575574575577
Accumulated other comprehensive income (loss)(23)0(19)(43)(22)(22)(22)
Retained earnings856749696621544502462
Total stockholders' equity:1,2501,1881,1201,018958913882
TOTAL LIABILITIES AND EQUITY:12,01210,9339,7169,5569,1378,8678,263

Income Statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues319325354322315295290
Net investment income304311325304270253244
Financial services revenue454246
Cost of revenue (51)(25)(29)(31)(25)(18)
Provision for loan, lease, and other losses (51)(25)(29)
Financial services costs(31)(25)(18)
Gross profit:319274329293284270272
Operating expenses(67)(65)(69)(67)(199)(193)(190)
Other operating income, net
(Noninterest Income, Other Operating Income)
16221915121614
Operating income:268231279241979396
Nonoperating income6655659
Investment income, nonoperating    1 4
Bank owned life insurance income6655554
Interest and debt expense(19)(33)(56)(39)(26)(23)(21)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (71)(73)(71)514433
Income from continuing operations before equity method investments, income taxes:256133155137128119117
Other undisclosed loss from continuing operations before income taxes(56)      
Income from continuing operations before income taxes:200133155137128119117
Income tax expense(45)(29)(34)(24)(46)(40)(40)
Net income available to common stockholders, diluted:155104121113827876

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:155104121113827876
Other comprehensive income (loss)527(12)225
Comprehensive income:160106128101848081
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(29)1817(1)(2)(1)(10)
Comprehensive income, net of tax, attributable to parent:131124145100827971

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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