Form 8-K

8-K — NBT BANCORP INC

Accession: 0001140361-26-029754

Filed: 2026-07-27

Period: 2026-07-27

CIK: 0000790359

SIC: 6021 (NATIONAL COMMERCIAL BANKS)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — ef20078819_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (ef20078819_ex99-1.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: ef20078819_8k.htm · Sequence: 1

false000079035900007903592026-07-272026-07-27

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 27, 2026

NBT BANCORP INC.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation or organization)

000-14703

(Commission File Number)

16-1268674

(I.R.S. Employer Identification No.)

52 South Broad Street, Norwich, New York 13815

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (607) 337-2265

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following

provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of class

Trading Symbol

Name of exchange on which registered

Common Stock, par value $0.01 per share

NBTB

The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule

12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised

financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02

Results of Operations and Financial Condition

On July 27, 2026, NBT Bancorp Inc. (the “Company”) issued a press release describing its results of operations for the quarter ended June 30, 2026. That press release is furnished as Exhibit 99.1 hereto. A

conference call will be held at 10:00 a.m. Eastern Time on Tuesday, July 28, 2026, to review the second quarter 2026 financial results. The audio webcast link, along with the corresponding presentation slides, will be available on the

Event Calendar page of the Company’s website at www.nbtbancorp.com.

Item 9.01

Financial Statements and Exhibits.

(a)

Not applicable.

(b)

Not applicable.

(c)

Not applicable.

(d)

Exhibits.

Exhibit No.

Description

99.1

Press release of NBT Bancorp Inc. July 27, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the

undersigned hereunto duly authorized.

NBT BANCORP INC.

Date: July 27, 2026

By:

/s/ Annette L. Burns

Annette L. Burns

Executive Vice President and Chief Financial Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: ef20078819_ex99-1.htm · Sequence: 2

Exhibit 99.1

FOR IMMEDIATE RELEASE

ATTENTION: FINANCIAL AND BUSINESS EDITORS

Contact:

Scott A. Kingsley, President and CEO

Annette L. Burns, Executive Vice President and CFO

NBT Bancorp Inc.

52 South Broad Street

Norwich, NY 13815

607-337-6589

NBT BANCORP INC. ANNOUNCES SECOND QUARTER 2026 RESULTS AND APPROVES AN 8.1% CASH DIVIDEND INCREASE

NORWICH, NY (July 27, 2026) – NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and six

months ended June 30, 2026.

Net income for the second quarter of 2026 was $53.0 million, or $1.02 per diluted common share, compared to $22.5 million, or $0.44 per diluted common share, for the

second quarter of 2025, and $51.1 million, or $0.98 per diluted common share, for the first quarter of 2026. Operating diluted earnings per share(1), a non-GAAP measure, was $1.01 for the second quarter of 2026, compared to $0.88 for

the second quarter of 2025 and $0.97 for the first quarter of 2026.

The Company completed the acquisition of Evans Bancorp, Inc. (“Evans”) on May 2, 2025, adding 200 employees and 18 banking locations in Western New York, $1.67

billion in loans and $1.86 billion in deposits. In connection with the transaction, the Company issued 5.1 million shares of common stock, with a value of $221.8 million as of the closing date. The comparison to the second quarter of 2025 is

significantly impacted by the Evans acquisition.

CEO Comments

“The second quarter demonstrated the strength and momentum of NBT’s diversified banking franchise,” said NBT President and CEO Scott

Kingsley. “We generated significantly stronger earnings than the prior year quarter, grew loans across every business line and expanded our net interest margin to 3.73%, an increase of 14 basis points from one year ago. These results reflect the

trust our customers place in us, the dedication of our employees and our disciplined approach to building long-term relationships and sustainable growth. With strong balance sheet fundamentals, healthy loan growth and continued momentum across

our franchise, we are well positioned as we enter the second half of 2026.”

“We are also pleased to announce that we have increased our quarterly cash dividend for the fourteenth consecutive year to $0.40 per share in the third quarter,”

added Kingsley. “This increase in the quarterly cash dividend of 8.1% affirms our continued commitment to providing favorable long-term returns to our shareholders.”

Second Quarter 2026 Financial Highlights

Net Income

■

Net income was $53.0 million and diluted

earnings per share was $1.02

■

Operating net income was $52.9 million and operating diluted earnings per share

was $1.01(1)

Net Interest Income

/ NIM

■

Net interest income on a fully taxable

equivalent (“FTE”) basis was $137.6 million(1)

■

Net interest margin (“NIM”) on an FTE basis was 3.73%(1), an increase of 1 basis

point (“bp”) from the prior quarter

■

Earning asset yields of 5.05% were down 1 bp from the prior quarter

■

Total cost of funds of 1.41% was down 1 bp from the prior quarter

Noninterest Income

■

Noninterest

income was $49.6 million, or 27% of total revenues, excluding net securities gains

Loans and Credit

Quality

■

Period end loans were $11.87 billion

■

Net charge-offs to average loans was 0.15% annualized

■

Nonperforming loans to total loans was 0.55%

■

Allowance for loan losses to total loans was 1.18%

■

Provision for loan losses was $6.1 million

Deposits

■

Period end deposits were $13.54 billion

■

Total cost of deposits was 1.33% for the second

quarter of 2026, down 1 bp from the first quarter of 2026

Capital

■

Stockholders’ equity was $1.94 billion as of June 30, 2026

■

Tangible book value per share(2) was $27.71 at June 30, 2026 an increase of 4.4%

from December 31, 2025

■

Tangible equity to assets was 9.16%(1)

■

CET1 ratio of 12.24%; Leverage ratio of 9.85%

Loans

■

Period end total loans were $11.87 billion at June 30, 2026, compared to $11.60 billion at December 31, 2025, with all business lines experiencing growth in the second quarter of

2026.

■

Period end total loans increased $276.0 million, or 2.4% from December 31, 2025 which included a $52.4 million decrease in the other consumer and residential solar portfolios,

which are in a planned run-off status.

Deposits

■

Total deposits at June 30, 2026 were $13.54 billion compared to $13.50 billion at December 31, 2025. Deposit mix

characteristics improved with an increase in demand deposits, interest-bearing checking, savings and money market accounts, partially offset by a decrease in time deposits.

■

Total deposits decreased $205.7 million from March 31, 2026, primarily due to expected seasonal municipal outflows.

■

The loan to deposit ratio was 87.7% at June 30, 2026, compared to 85.9% at December 31, 2025.

Net Interest Income and Net Interest Margin

■

Net interest income for the second quarter of 2026 was $137.0 million, an increase of $2.6 million, or

1.9%, from the first quarter of 2026 and an increase of $12.7 million, or 10.3%, from the second quarter of 2025. The increase in net interest income from the first quarter of 2026 was driven by one additional day in the second quarter of

2026, organic growth in interest-earning assets and a decrease in funding costs. The increase in net interest income from the second quarter of 2025 resulted primarily from the improvement in net interest margin, the Evans acquisition,

organic growth in interest-earning assets and a decrease in funding costs.

■

The NIM on an FTE basis for the second quarter of 2026 was 3.73%, an increase of 1 bp from the first quarter of 2026, as a 1 bp decrease in the cost of funds more than offset a 1

bp decline in earning asset yields. The NIM on an FTE basis increased 14 bps from the second quarter of 2025 due to the impact of the Evans acquisition, organic growth and a decrease in the cost of funds.

■

Earning asset yields for the three months ended June 30, 2026 decreased 1 bp from the prior quarter to 5.05%. Loan yields for the three months ended June 30, 2026 decreased 2 bps

from the prior quarter to 5.64%. Earning asset yields decreased 7 bps from the same quarter in the prior year due to Federal Reserve interest rate cuts in 2025. Average earning assets increased $109.8 million, or 0.7%, from the first

quarter of 2026 and grew $846.2 million, or 6.1%, from the second quarter of 2025 due primarily to the addition of the interest-earning assets acquired from Evans and organic earning asset growth.

■

Total cost of deposits, including noninterest bearing deposits, was 1.33% for the second quarter of 2026, a decrease of 1 bp from the prior quarter, primarily due to the decrease

in the cost of time deposits. Total cost of deposits decreased 18 bps from the same period in the prior year.

■

Total cost of funds for the three months ended June 30, 2026 was 1.41%, a decrease of 1 bp from the prior quarter and a decrease of 21 bps from the second quarter of 2025.

Asset Quality and Allowance for Loan Losses

■

Net charge-offs to total average loans for the second quarter of 2026 was 15 bps, compared to 17 bps in the prior quarter primarily due to a decrease in commercial net

charge-offs, partially offset by an increase in residential solar and other consumer net charge-offs.

■

Nonperforming assets to total assets was 0.40% at June 30, 2026, up from 0.38% at March 31, 2026 and up from 0.33% at December 31, 2025. The increase in nonperforming assets was

primarily due to an additional commercial lending relationship placed in nonaccrual status during the quarter. Past due loans to total loans increased 23 basis points from March 31, 2026, driven primarily by an increase in past due

commercial loans. The majority of these loans are expected to return to current status in the third quarter.

■

Provision expense for the three months ended June 30, 2026 was $6.1 million, compared to $5.6 million for the first quarter of 2026. The increase in the provision for loan losses

during the quarter was primarily due to providing for the second quarter’s loan growth.

■

The allowance for loan losses was $140.5 million, or 1.18% of total loans, at June 30, 2026, compared to $138.6 million, or 1.20% of total loans, at March 31, 2026 and compared

to $138.0 million, or 1.19% of total loans, at December 31, 2025. The increase in the allowance for loan losses in the second quarter of 2026 was primarily driven by providing for the

second quarter’s loan growth, partially offset by portfolio mix changes with the run-off of the other consumer and residential solar portfolios.

■

The reserve for unfunded loan commitments was $5.5 million at June 30, 2026 and March 31, 2026, compared to $5.8 million at December 31, 2025.

Noninterest Income

■

Total noninterest income, excluding securities gains, was $49.6 million for the three months ended June 30, 2026, consistent with the first quarter of 2026, and up $2.7 million,

or 5.8%, from the second quarter of 2025.

■

Service charges on deposit accounts were comparable to the prior quarter and higher than the second quarter of 2025 due primarily to the Evans acquisition and new account growth.

■

Card services income increased $0.6 million, or 9.7%, from the prior quarter and increased $0.5 million, or 8.8% from the second quarter of 2025. The increase was driven by

seasonal increased volumes.

■

Retirement plan administration fees increased $0.4 million, or 2.2%, from the prior quarter and increased $1.2 million, or 7.8%, from the second quarter of 2025. The increase

from the prior quarter and the second quarter of 2025 was driven by higher activity-based fees, additional fees from new customer relationships and increased market values of assets under administration.

Noninterest Expense

■

Total noninterest expense was $111.4 million for the second quarter of 2026, compared to $112.2 million for the first quarter of 2026 and $122.6 million for the second quarter of

2025. Excluding acquisition expenses of $17.2 million in the second quarter of 2025, noninterest expense was 5.7% higher than the second quarter of 2025 primarily due to the Evans acquisition and continued investments in our people,

markets and infrastructure.

■

Salaries and benefits increased 0.4% from the prior quarter driven by a full quarter of merit pay increases, which were effective in March, one additional payroll day and higher

medical expenses. The increase was partially offset by lower payroll taxes and stock-based compensation expenses which are seasonally higher in the first quarter. The increase from the second quarter of 2025 was driven by the impact of the Evans acquisition as NBT added 200 Evans employees in May 2025, annual merit pay increases and higher medical expenses.

■

Technology and data services were consistent with the prior quarter and increased $1.0 million from the second quarter of 2025 primarily due to the Evans acquisition, timing of

planned activities and ongoing investment in enterprise technology initiatives.

■

Occupancy costs decreased $1.5 million from the prior quarter and increased $0.4 million from the second quarter of 2025. The $1.5 million decrease from the prior quarter was

driven by lower seasonal maintenance and utilities costs following the harsh winter conditions across the footprint in the first quarter of 2026. The $0.4 million increase from the second quarter of 2025 was driven

by additional expenses from the Evans acquisition and higher facilities costs related to new branch banking locations.

■

Professional fees and outside services were consistent with the prior quarter and increased $0.6 million from the second quarter of 2025 primarily due to the Evans acquisition

and the timing of various initiatives.

■

No provision expense for unfunded loan commitments was recognized for the three months ended June 30, 2026, compared to expense of $1.7 million for the three months ended June

30, 2025, which included $0.5 million of acquisition-related provision associated with unfunded loan commitments acquired in the Evans acquisition.

■

Other expenses were consistent with the prior quarter and increased $0.6 million from the second quarter of 2025. The increase from the second quarter of 2025 reflects the Evans

acquisition including increased FDIC insurance expense, travel and charitable contributions.

Income Taxes

■

The effective tax rate for the second quarter of 2026 was 23.3%, which was consistent with the prior quarter and down from 26.7% for the second quarter of 2025. The decrease in

the effective tax rate from the second quarter of 2025 was primarily due to the second quarter 2025 estimated impact of nondeductible acquisition expenses related to the Evans acquisition and a lower level of tax-exempt income as a

percentage of total pretax income.

Capital

■

Tangible common equity to tangible assets(1) was 9.16% at June 30, 2026. Tangible book value per share(2) was $27.71 at June 30, 2026, which increased 4.4%

from $26.54 at December 31, 2025 and increased 12.8% from $24.57 at June 30, 2025.

■

Stockholders’ equity increased $47.7 million from December 31, 2025 driven by net income generation of $104.2 million, partially offset by dividends declared of $38.5 million,

the repurchase of common stock of $14.0 million and a $6.5 million increase in accumulated other comprehensive loss reflecting the change in the fair value of securities available for sale.

■

As of June 30, 2026, CET1 capital ratio of 12.24%, leverage ratio of 9.85% and total risk-based capital ratio of 14.18%.

Dividend

■

The Board of Directors approved a third-quarter cash dividend of $0.40 per share at a meeting held earlier today. The dividend represents a $0.03 per share, or 8.1%, increase

over the dividend paid in the third quarter of 2025. This is the Company’s fourteenth consecutive year of annual dividend increases. The dividend will be paid on September 15, 2026 to stockholders of record as of September 1, 2026.

Stock Repurchase

■

The Company purchased 68,595 shares of its common stock during the second quarter of 2026 for a total of $3.0 million at an average price of $43.96 per share under its previously

announced stock repurchase program. The Company may repurchase shares of its common stock from time to time to mitigate the potential dilutive effects of stock-based incentive plans and other potential uses of common stock for corporate

purposes. As of June 30, 2026, there were 1,431,405 shares available for repurchase under this plan.

Subordinated Debt Redemption

■

On June 30, 2026, the Company redeemed $25 million of subordinated debt using existing liquidity sources. The subordinated debt had a fixed rate of 3.50% which converted to a

floating rate at 6.50% in the second quarter of 2026.

Conference Call and Webcast

The Company will host a conference call at 10:00 a.m. (Eastern) Tuesday, July 28, 2026, to review the second quarter 2026 financial results. The audio webcast link,

along with the corresponding presentation slides, will be available on the Company’s Event Calendar page at www.nbtbancorp.com/bn/presentations-events.html#events and will be archived for twelve months.

Corporate Overview

NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $16.21 billion at June 30, 2026. The Company primarily operates

through NBT Bank, N.A., a full-service community bank, and through two financial services companies. NBT Bank, N.A. has 173 banking locations in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut. EPIC Retirement

Plan Services, based in Rochester, NY, is a national benefits administration firm. NBT Insurance Agency, LLC, based in Norwich, NY, is a full-service regional insurance agency. More information about NBT and its divisions is available online at:

www.nbtbancorp.com, www.nbtbank.com, www.epicrps.com and www.nbtbank.com/Insurance.

Forward-Looking Statements

This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. These statements may be

identified by the use of phrases such as “anticipate,” “believe,” “expect,” “forecasts,” “projects,” “will,” “can,” “would,” “should,” “could,” “may,” or other similar terms. There are a number of factors, many of which are beyond the Company’s

control, that could cause actual results to differ materially from those contemplated by any forward-looking statements. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements

include, among others, the following possibilities: (1) local, regional, national and international economic conditions, including actual or potential stress in the banking industry, and the impact they may have on the Company and its customers,

and the Company’s assessment of that impact; (2) changes in the level of nonperforming assets and charge-offs; (3) changes in estimates of future reserve requirements based upon the periodic review thereof under relevant regulatory and accounting

requirements; (4) the effects of and changes in trade and monetary and fiscal policies and laws, including the interest rate policies of the Federal Reserve Board (“FRB”) and international trade disputes (including threatened or implemented

tariffs imposed by the U.S. and threatened or implemented tariffs imposed by foreign countries in retaliation); (5) inflation, interest rate, securities market and monetary fluctuations; (6) political instability; (7) acts of war, including

international military conflicts, or terrorism; (8) the timely development and acceptance of new products and services and the perceived overall value of these products and services by users; (9) changes in consumer spending, borrowing and saving

habits; (10) changes in the financial performance and/or condition of the Company’s borrowers; (11) technological changes; (12) acquisition and integration of acquired businesses; (13) the ability to increase market share and control expenses;

(14) changes in the competitive environment among financial holding companies; (15) the effect of changes in laws and regulations (including laws and regulations concerning taxes, banking, securities and insurance) with which the Company and its

subsidiaries must comply, including those under the Dodd-Frank Act, and the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018; (16) the effect of changes in accounting policies and practices, as may be adopted by the

regulatory agencies, as well as the Public Company Accounting Oversight Board, the Financial Accounting Standards Board and other accounting standard setters; (17) changes in the Company’s organization, compensation and benefit plans; (18) the

costs and effects of legal and regulatory developments, including the resolution of legal proceedings or regulatory or other governmental inquiries, and the results of regulatory examinations or reviews; (19) greater than expected costs or

difficulties related to the integration of new products and lines of business; and (20) the Company’s success at managing the risks involved in the foregoing items.

The Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made,

and advises readers that various factors, including, but not limited to, those described above and other factors discussed in the Company’s annual and quarterly reports previously filed with the SEC, could affect the Company’s financial

performance and could cause the Company’s actual results or circumstances for future periods to differ materially from those anticipated or projected.

Unless required by law, the Company does not undertake, and specifically disclaims any obligations to, publicly release any revisions that may be

made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

Non-GAAP Measures

This press release contains financial information determined by methods other than in accordance with U.S. generally

accepted accounting principles (“GAAP”). Where non-GAAP disclosures are used in this press release, the comparable GAAP measure, as well as a reconciliation to the comparable GAAP measure, is provided in the accompanying tables. Management

believes that these non-GAAP measures provide useful information that is important to an understanding of the results of the Company’s core business as well as provide information standard in the financial institution industry. Non-GAAP measures

should not be considered a substitute for financial measures determined in accordance with GAAP and investors should consider the Company’s performance and financial condition as reported under GAAP and all other relevant information when

assessing the performance or financial condition of the Company. Amounts previously reported in the consolidated financial statements are reclassified whenever necessary to conform to current period presentation.

NBT Bancorp Inc. and Subsidiaries

Selected Financial Data

(unaudited, dollars in thousands except per share data)

2026

2025

2nd Q

1st Q

4th Q

3rd Q

2nd Q

Profitability (reported)

Diluted earnings per share

1.02

0.98

1.06

1.03

0.44

Weighted average diluted common shares outstanding

52,238,983

52,352,800

52,524,388

52,642,688

50,787,474

Return on average assets(3)

1.32

1.30

1.37

1.35

0.59

Return on average equity(3)

11.04

10.89

11.81

11.86

5.27

Return on average tangible common equity(1)(3)

15.65

15.59

17.05

17.35

8.01

Net interest margin(1)(3)

3.73

3.72

3.65

3.66

3.59

6 Months Ended June 30,

2026

2025

Profitability (reported)

Diluted earnings per share

1.99

1.21

Weighted average diluted common shares outstanding

52,290,178

49,143,067

Return on average assets(3)

1.31

0.82

Return on average equity(3)

10.96

7.35

Return on average tangible common equity(1)(3)

15.62

10.69

Net interest margin(1)(3)

3.73

3.52

2026

2025

2nd Q

1st Q

4th Q

3rd Q

2nd Q

Profitability (operating)

Diluted earnings per share(1)

1.01

0.97

1.05

0.88

Return on average assets(1)(3)

1.32

1.29

1.37

1.19

Return on average equity(1)(3)

11.01

10.82

11.79

12.05

10.52

Return on average tangible common equity(1)(3)

15.61

15.50

17.02

17.61

15.25

6 Months Ended June 30,

2026

2025

Profitability (operating)

Diluted earnings per share(1)

1.98

1.70

Return on average assets(1)(3)

1.30

1.16

Return on average equity(1)(3)

10.91

10.34

Return on average tangible common equity(1)(3)

15.55

14.77

2026

2025

2nd Q

1st Q

4th Q

3rd Q

2nd Q

Balance sheet data

Short-term interest-bearing accounts

107,489

564,514

301,958

394,485

276,786

Securities available for sale

2,006,206

1,918,526

1,862,838

1,813,194

1,729,428

Securities held to maturity

755,086

748,607

762,756

771,474

809,664

Net loans

11,733,581

11,408,655

11,460,114

11,456,134

11,484,480

Total assets

16,214,957

16,204,406

15,995,121

16,112,584

16,014,781

Total deposits

13,537,302

13,742,966

13,499,193

13,660,918

13,515,232

Total borrowings

471,195

297,407

327,422

319,358

411,376

Total liabilities

14,271,038

14,290,009

14,098,905

14,259,438

14,209,615

Stockholders’ equity

1,943,919

1,914,397

1,896,216

1,853,146

1,805,166

Capital

Equity to assets

11.99

11.81

11.85

11.50

11.27

Tangible equity ratio(1)

9.16

8.96

8.95

8.58

8.30

Book value per share

37.42

36.81

36.32

35.33

34.46

Tangible book value per share(2)

27.71

27.05

26.54

25.51

24.57

Leverage ratio

9.85

9.70

9.48

9.34

9.55

Common equity tier 1 capital ratio

12.24

12.34

12.07

11.80

11.37

Tier 1 capital ratio

12.24

12.34

12.07

11.80

11.37

Total risk-based capital ratio

14.18

14.52

14.24

13.97

14.48

Common stock price (end of period)

49.37

42.58

41.52

41.76

41.55

NBT Bancorp Inc. and Subsidiaries

Asset Quality and Consolidated Loan Balances

(unaudited, dollars in thousands)

2026

2025

2nd Q

1st Q

4th Q

3rd Q

2nd Q

Asset quality

Nonaccrual loans

62,898

57,903

44,592

46,450

43,181

90 days past due and still accruing

2,410

3,352

7,131

6,966

3,211

Total nonperforming loans

65,308

61,255

51,723

53,416

46,392

Other real estate owned

402

267

345

Total nonperforming assets

65,308

61,277

52,125

53,683

46,737

Allowance for loan losses

140,500

138,600

138,000

139,000

140,200

Asset quality ratios

Allowance for loan losses to total loans

1.18

1.20

1.19

1.20

1.21

Total nonperforming loans to total loans

0.55

0.53

0.45

0.46

0.40

Total nonperforming assets to total assets

0.40

0.38

0.33

0.29

Allowance for loan losses to total nonperforming loans

215.13

226.27

266.81

260.22

302.21

Past due loans to total loans(4)

0.63

0.40

0.38

Net charge-offs to average loans(3)

0.15

0.17

0.16

0.15

0.09

2026

2025

2nd Q

1st Q

4th Q

3rd Q

2nd Q

Loan net charge-offs by line of business

Commercial

1,217

2,285

1,232

1,047

Residential mortgage and home equity

(106

)

(15

)

(27

)

Indirect auto

439

843

877

679

749

Residential solar and other consumer

2,558

1,955

2,671

2,556

1,542

Total loan net charge-offs

4,236

4,977

4,765

4,300

2,361

2026

2025

2nd Q

1st Q

4th Q

3rd Q

2nd Q

Allowance for loan losses as a percentage of loans by segment

Commercial & industrial

0.85

0.89

0.76

0.81

0.79

Commercial real estate

1.06

1.05

1.06

1.13

1.14

Residential mortgage

0.99

1.06

1.05

Auto

0.70

0.68

0.70

Residential solar and other consumer

4.39

4.09

3.62

3.64

Total

1.18

1.20

1.19

1.20

1.21

2026

2025

2nd Q

1st Q

4th Q

3rd Q

2nd Q

Loans by line of business

Commercial & industrial

1,755,123

1,669,624

1,671,974

1,644,218

1,692,335

Commercial real estate

4,893,543

4,783,384

4,798,957

4,830,761

4,800,494

Residential mortgage

2,558,338

2,539,249

2,537,593

2,528,565

2,530,344

Home equity

465,340

447,462

448,113

435,584

423,355

Indirect auto

1,450,482

1,333,017

1,340,524

1,327,689

1,319,401

Residential solar and other consumer

751,255

774,519

800,953

828,317

858,751

Total loans

11,874,081

11,547,255

11,598,114

11,595,134

11,624,680

NBT Bancorp Inc. and Subsidiaries

Consolidated Balance Sheets

(unaudited, in thousands)

June 30,

December 31,

2026

2025

Assets

Cash and due from banks

187,164

185,158

Short-term interest-bearing accounts

107,489

301,958

Equity securities, at fair value

50,732

48,760

Securities available for sale, at fair value

2,006,206

1,862,838

Securities held to maturity (fair value $692,689 and $702,577, respectively)

755,086

762,756

Federal Reserve and Federal Home Loan Bank stock

51,540

44,575

Loans held for sale

1,108

Loans

11,874,081

11,598,114

Less allowance for loan losses

140,500

138,000

Net loans

11,733,581

11,460,114

Premises and equipment, net

98,119

99,277

Goodwill

453,278

Intangible assets, net

51,117

57,656

Bank owned life insurance

314,806

317,733

Other assets

405,839

399,910

Total assets

16,214,957

15,995,121

Liabilities and stockholders’ equity

Demand (noninterest bearing)

3,861,366

3,800,209

Savings, interest-bearing checking and money market

8,347,052

8,206,539

Time

1,328,884

1,492,445

Total deposits

13,537,302

13,499,193

Short-term borrowings

316,438

148,069

Long-term debt

43,043

43,176

Subordinated debt, net

24,509

Junior subordinated debt

111,714

111,668

Other liabilities

262,541

272,290

Total liabilities

14,271,038

14,098,905

Total stockholders’ equity

1,943,919

1,896,216

Total liabilities and stockholders’ equity

16,214,957

15,995,121

NBT Bancorp Inc. and Subsidiaries

Consolidated Statements of Income

(unaudited, in thousands except per share data)

Three Months Ended

Six Months Ended

June 30,

2026

2025

2026

2025

Interest, fee and dividend income

Interest and fees on loans

163,764

158,912

324,866

296,964

Securities available for sale

14,770

11,609

28,252

21,871

Securities held to maturity

4,426

4,870

8,776

9,784

Other

2,801

2,186

6,513

3,362

Total interest, fee and dividend income

185,761

177,577

368,407

331,981

Interest expense

Deposits

44,879

48,219

89,714

90,807

Short-term borrowings

1,165

1,046

1,987

1,912

Long-term debt

445

296

886

562

Subordinated debt

611

2,001

1,121

3,823

Junior subordinated debt

1,698

1,795

3,388

3,434

Total interest expense

48,798

53,357

97,096

100,538

Net interest income

136,963

124,220

271,311

231,443

Provision for loan losses

6,136

4,813

11,713

12,367

Provision for loan losses - acquisition day 1 non-PCD

13,022

Total provision for loan losses

6,136

17,835

11,713

25,389

Net interest income after provision for loan losses

130,827

106,385

259,598

206,054

Noninterest income

Service charges on deposit accounts

5,194

4,578

10,462

8,821

Card services income

6,613

6,077

12,641

11,394

Retirement plan administration fees

16,928

15,710

33,494

31,568

Wealth management

10,948

10,678

22,082

21,624

Insurance services

4,177

4,097

8,659

8,858

Bank owned life insurance income

2,505

2,180

5,164

5,577

Net securities gains

175

112

617

Other

3,187

3,500

6,744

6,534

Total noninterest income

49,727

46,932

99,863

94,384

Noninterest expense

Salaries and employee benefits

69,004

64,155

137,763

124,849

Technology and data services

11,850

10,804

23,360

21,042

Occupancy

9,475

9,038

20,485

18,065

Professional fees and outside services

5,662

5,021

11,216

9,973

Amortization of intangible assets

3,191

3,042

6,539

5,153

Reserve for unfunded loan commitments

1,702

(300

)

1,792

Acquisition expenses

17,180

18,401

Other

12,256

11,668

24,607

23,235

Total noninterest expense

111,438

122,610

223,670

222,510

Income before income tax expense

69,116

30,707

135,791

77,928

Income tax expense

16,086

8,197

31,619

18,673

Net income

53,030

22,510

104,172

59,255

Earnings Per Share

Basic

1.02

0.45

2.00

1.21

Diluted

1.02

0.44

1.99

1.21

NBT Bancorp Inc. and Subsidiaries

Quarterly Consolidated Statements of Income

(unaudited, in thousands except per share data)

2026

2025

2nd Q

1st Q

4th Q

3rd Q

2nd Q

Interest, fee and dividend income

Interest and fees on loans

163,764

161,102

166,046

169,301

158,912

Securities available for sale

14,770

13,482

13,081

12,063

11,609

Securities held to maturity

4,426

4,350

4,398

4,595

4,870

Other

2,801

3,712

5,019

4,508

2,186

Total interest, fee and dividend income

185,761

182,646

188,544

190,467

177,577

Interest expense

Deposits

44,879

44,835

49,426

52,101

48,219

Short-term borrowings

1,165

822

915

816

1,046

Long-term debt

445

441

451

450

296

Subordinated debt

611

510

505

547

2,001

Junior subordinated debt

1,698

1,690

1,807

1,890

1,795

Total interest expense

48,798

48,298

53,104

55,804

53,357

Net interest income

136,963

134,348

135,440

134,663

124,220

Provision for loan losses

6,136

5,577

3,765

3,100

4,813

Provision for loan losses - acquisition day 1 non-PCD

13,022

Total provision for loan losses

6,136

5,577

3,765

3,100

17,835

Net interest income after provision for loan losses

130,827

128,771

131,675

131,563

106,385

Noninterest income

Service charges on deposit accounts

5,194

5,268

5,146

5,100

4,578

Card services income

6,613

6,028

6,205

6,389

6,077

Retirement plan administration fees

16,928

16,566

14,104

15,913

15,710

Wealth management

10,948

11,134

12,028

11,103

10,678

Insurance services

4,177

4,482

3,917

5,260

4,097

Bank owned life insurance income

2,505

2,659

3,576

3,240

2,180

Net securities gains (losses)

175

442

142

)

112

Other

3,187

3,557

4,586

4,402

3,500

Total noninterest income

49,727

50,136

49,704

51,405

46,932

Noninterest expense

Salaries and employee benefits

69,004

68,759

65,993

66,636

64,155

Technology and data services

11,850

11,510

11,803

11,180

10,804

Occupancy

9,475

11,010

9,267

9,053

9,038

Professional fees and outside services

5,662

5,554

5,826

5,941

5,021

Amortization of intangible assets

3,191

3,348

3,362

3,429

3,042

Reserve for unfunded loan commitments

(300

)

(100

)

(317

)

1,702

Acquisition expenses

1,125

17,180

Other

12,256

12,351

15,537

14,096

11,668

Total noninterest expense

111,438

112,232

111,688

111,143

122,610

Income before income tax expense

69,116

66,675

69,691

71,825

30,707

Income tax expense

16,086

15,533

14,182

17,354

8,197

Net income

53,030

51,142

55,509

54,471

22,510

Earnings Per Share

Basic

1.02

0.98

1.06

1.04

0.45

Diluted

1.02

0.98

1.06

1.03

0.44

NBT Bancorp Inc. and Subsidiaries

Average Quarterly Balance Sheets

(unaudited, dollars in thousands)

Average

Balance

Yield /

Rates

Average

Balance

Yield /

Rates

Average

Balance

Yield /

Rates

Average

Balance

Yield /

Rates

Average

Balance

Yield /

Rates

Q2 - 2026

Q1 - 2026

Q4 - 2025

Q3 - 2025

Q2 - 2025

Assets

Short-term interest-bearing accounts

248,882

3.47

356,403

3.56

450,719

3.93

338,919

4.60

146,640

4.61

Securities taxable(1)

2,633,502

2.70

2,547,841

2.62

2,513,465

2.55

2,464,271

2.46

2,486,349

2.40

Securities tax-exempt(1)(5)

209,441

3.59

192,429

3.63

194,638

3.48

196,728

3.48

221,328

3.65

FRB and FHLB stock

45,925

5.64

44,589

5.32

44,632

4.95

42,790

5.37

39,176

5.12

Loans(1)(6)

11,666,871

5.64

11,553,561

5.66

11,564,950

5.70

11,600,816

5.80

11,064,920

5.77

Total interest-earning assets

14,804,621

5.05

14,694,823

5.06

14,768,404

5.08

14,643,524

5.18

13,958,413

5.12

Other assets

1,300,564

1,315,235

1,317,791

1,344,775

1,242,690

Total assets

16,105,185

16,010,058

16,086,195

15,988,299

15,201,103

Liabilities and stockholders’ equity

Money market deposits

4,273,336

2.64

4,188,180

2.64

4,222,137

2.78

4,077,741

3.01

3,808,024

3.00

Interest-bearing checking deposits

2,118,007

1.02

2,117,278

1.04

2,094,105

1.14

2,059,009

1.10

1,902,392

0.98

Savings deposits

2,015,461

0.47

1,953,096

0.42

1,919,032

0.42

1,947,627

0.43

1,852,027

0.35

Time deposits

1,351,024

2.68

1,455,142

2.83

1,533,062

3.05

1,633,647

3.26

1,600,908

3.37

Total interest-bearing deposits

9,757,828

1.84

9,713,696

1.87

9,768,336

2.01

9,718,024

2.13

9,163,351

2.11

Federal funds purchased

15,330

3.74

14,231

4.51

Repurchase agreements

112,557

2.55

126,024

2.65

137,832

2.63

123,573

2.62

89,957

2.52

Short-term borrowings

31,291

3.92

4.61

27,845

4.62

Long-term debt

43,072

4.14

43,139

4.15

44,216

4.05

44,802

3.98

30,705

3.87

Subordinated debt, net

24,259

10.10

24,655

8.39

24,338

8.23

27,085

8.01

134,684

5.96

Junior subordinated debt

111,702

6.10

111,679

6.14

111,654

6.42

111,629

6.72

107,948

6.67

Total interest-bearing liabilities

10,096,039

1.94

10,019,193

1.95

10,086,376

2.09

10,025,124

2.21

9,568,721

2.24

Demand deposits

3,814,717

3,811,907

3,848,626

3,849,288

3,634,517

Other liabilities

267,341

273,936

287,158

292,294

285,357

Stockholders’ equity

1,927,088

1,905,022

1,864,035

1,821,593

1,712,508

Total liabilities and stockholders’ equity

16,105,185

16,010,058

16,086,195

15,988,299

15,201,103

Interest rate spread

3.11

2.99

2.97

2.88

Net interest margin (FTE)(1)(3)

3.73

3.72

3.65

3.66

3.59

Total cost of deposits

13,572,545

1.33

13,525,603

1.34

13,616,962

1.44

13,567,312

1.52

12,797,868

1.51

Total cost of funds

13,910,756

1.41

13,831,100

1.42

13,935,002

1.51

13,874,412

1.60

13,203,238

1.62

NBT Bancorp Inc. and Subsidiaries

Average Year-to-Date Balance Sheets

(unaudited, dollars in thousands)

Average

Yield/

Average

Yield/

Balance

Interest

Rates

Balance

Interest

Rates

Six Months Ended June 30,

2026

2025

Assets

Short-term interest-bearing accounts

302,346

5,282

3.52

105,150

2,389

4.58

Securities taxable(1)

2,590,908

34,186

2.66

2,444,791

28,520

2.35

Securities tax-exempt(1)(5)

200,982

3,598

3.61

220,772

3,968

3.62

FRB and FHLB stock

45,260

1,231

5.48

36,338

973

5.40

Loans(1)(6)

11,610,529

325,302

5.65

10,526,197

297,422

5.70

Total interest-earning assets

14,750,025

369,599

5.05

13,333,248

333,272

5.04

Other assets

1,307,859

1,165,806

Total assets

16,057,884

14,499,054

Liabilities and stockholders’ equity

Money market deposits

4,230,993

55,340

2.64

3,653,148

54,719

3.02

Interest-bearing checking deposits

2,117,645

10,824

1.03

1,792,937

8,135

0.91

Savings deposits

1,984,451

4,358

0.44

1,712,624

1,806

0.21

Time deposits

1,402,795

19,192

2.76

1,526,292

26,147

3.45

Total interest-bearing deposits

9,735,884

89,714

1.86

8,685,001

90,807

2.11

Federal funds purchased

7,707

143

3.74

8,287

185

4.50

Repurchase agreements

119,253

1,539

2.60

98,678

1,327

2.71

Short-term borrowings

15,732

305

3.91

17,498

400

4.61

Long-term debt

43,105

886

4.14

29,198

562

3.88

Subordinated debt, net

24,456

1,121

9.24

128,044

3,823

6.02

Junior subordinated debt

111,691

3,388

6.12

104,590

3,434

6.62

Total interest-bearing liabilities

10,057,828

97,096

1.95

9,071,296

100,538

2.23

Demand deposits

3,813,319

3,510,487

Other liabilities

270,621

291,139

Stockholders’ equity

1,916,116

1,626,132

Total liabilities and stockholders’ equity

16,057,884

14,499,054

Net interest income (FTE)(1)

272,503

232,734

Interest rate spread

3.10

2.81

Net interest margin (FTE)(1)(3)

3.73

3.52

Taxable equivalent adjustment

1,192

1,291

Net interest income

271,311

231,443

Total cost of deposits

13,549,203

89,714

1.34

12,195,488

90,807

1.50

Total cost of funds

13,871,147

97,096

1.41

12,581,783

100,538

1.61

(1)

The following tables provide the Non-GAAP reconciliations for the Non-GAAP measures contained in this release:

Non-GAAP measures

(unaudited, dollars in thousands except per share data)

2026

2025

2nd Q

1st Q

4th Q

3rd Q

2nd Q

Operating net income

Net income

53,030

51,142

55,509

54,471

22,510

Acquisition expenses

1,125

17,180

Acquisition-related provision for credit losses

13,022

Acquisition-related reserve for unfunded loan commitments

532

Securities (gains) losses

(175

)

(442

)

(142

)

(112

)

Adjustments to net income

(175

)

(442

)

(142

)

1,127

30,622

Adjustments to net income (net of tax)

(134

)

(338

)

(113

)

851

22,413

Operating net income

52,896

50,804

55,396

55,322

44,923

Operating diluted earnings per share

1.01

0.97

1.05

0.88

6 Months Ended June 30,

2026

2025

Operating net income

Net income

104,172

59,255

Acquisition expenses

18,401

Acquisition-related provision for credit losses

13,022

Acquisition-related reserve for unfunded loan commitments

532

Securities (gains)

(617

)

Adjustments to net income

(617

)

31,947

Adjustments to net income (net of tax)

(472

)

24,120

Operating net income

103,700

83,375

Operating diluted earnings per share

1.98

1.70

2026

2025

2nd Q

1st Q

4th Q

3rd Q

2nd Q

FTE adjustment

Net interest income

136,963

134,348

135,440

134,663

124,220

Add: FTE adjustment

614

578

581

594

655

Net interest income (FTE)

137,577

134,926

136,021

135,257

124,875

Average earning assets

14,804,621

14,694,823

14,768,404

14,643,524

13,958,413

Net interest margin (FTE)(3)

3.73

3.72

3.65

3.66

3.59

6 Months Ended June 30,

2026

2025

FTE adjustment

Net interest income

271,311

231,443

Add: FTE adjustment

1,192

1,291

Net interest income (FTE)

272,503

232,734

Average earning assets

14,750,025

13,333,248

Net interest margin (FTE)(3)

3.73

3.52

Interest income for tax-exempt securities and loans have been adjusted to an FTE basis using the statutory Federal income tax rate of 21%.

(1)

The following tables provide the Non-GAAP reconciliations for the Non-GAAP measures contained in this release:

Non-GAAP measures (continued)

(unaudited, dollars in thousands)

2026

2025

2nd Q

1st Q

4th Q

3rd Q

2nd Q

Tangible equity to tangible assets

Total equity

1,943,919

1,914,397

1,896,216

1,853,146

1,805,166

Intangible assets

504,395

507,586

510,934

515,090

518,519

Total assets

16,214,957

16,204,406

15,995,121

16,112,584

16,014,781

Tangible equity to tangible assets

9.16

8.96

8.95

8.58

8.30

2026

2025

2nd Q

1st Q

4th Q

3rd Q

2nd Q

Return on average tangible common equity

Net income

53,030

51,142

55,509

54,471

22,510

Amortization of intangible assets (net of tax)

2,393

2,511

2,522

2,572

2,282

Net income, excluding intangibles amortization

55,423

53,653

58,031

57,043

24,792

Average stockholders’ equity

1,927,088

1,905,022

1,864,035

1,821,593

1,712,508

Less: average goodwill and other intangibles

506,308

509,643

513,728

517,271

471,159

Average tangible common equity

1,420,780

1,395,379

1,350,307

1,304,322

1,241,349

Return on average tangible common equity(3)

15.65

15.59

17.05

17.35

8.01

6 Months Ended June 30,

2026

2025

Return on average tangible common equity

Net income

104,172

59,255

Amortization of intangible assets (net of tax)

4,904

3,865

Net income, excluding intangibles amortization

109,076

63,120

Average stockholders’ equity

1,916,116

1,626,132

Less: average goodwill and other intangibles

507,966

434,897

Average tangible common equity

1,408,150

1,191,235

Return on average tangible common equity

15.62

10.69

(2)

Non-GAAP measure - Stockholders’ equity less goodwill and intangible assets divided by common shares outstanding.

(3)

Annualized.

(4)

Total past due loans, defined as loans 30 days or more past due and in an accrual status.

(5)

Securities are shown at average amortized cost.

(6)

For purposes of these computations, nonaccrual loans and loans held for sale are included in the average loan balances outstanding.

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 7

v3.26.1

Document and Entity Information

Jul. 27, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Jul. 27, 2026

Entity File Number

000-14703

Entity Registrant Name

NBT BANCORP INC.

Entity Central Index Key

0000790359

Entity Incorporation, State or Country Code

Entity Tax Identification Number

16-1268674

Entity Address, Address Line One

52 South Broad Street

Entity Address, City or Town

Norwich

Entity Address, State or Province

Entity Address, Postal Zip Code

13815

City Area Code

607

Local Phone Number

337-2265

Title of 12(b) Security

Common Stock, par value $0.01 per share

Trading Symbol

NBTB

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration