{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-044364","form_type":"8-K","ticker":"NBTB","cik":"0000790359","company_name":"NBT BANCORP INC","filed_at":"2022-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.575710+00:00","generated_at":"2026-06-21T09:54:10.990931+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"NBT Bancorp to acquire Salisbury Bancorp in stock deal valued at ~$204M","bullets":["Each Salisbury share to be exchanged for 0.7450 NBT shares, implying $35.00 per share.","Expected to close Q2 2023; subject to Salisbury shareholder and regulatory approvals.","Deal ~9.8% accretive to NBT's first full-year GAAP EPS, 4.9% accretive to cash EPS.","Salisbury had $1.51B assets, $1.33B deposits, $1.18B loans as of Sep 30, 2022.","President/CEO of Salisbury, Richard Cantele, to join NBT executive management; one Salisbury director added to NBT board."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-044364","json":"https://secwatch.observer/filing/0001140361-22-044364.json","markdown":"https://secwatch.observer/filing/0001140361-22-044364.md","text":"https://secwatch.observer/filing/0001140361-22-044364.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/790359/000114036122044364/0001140361-22-044364-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/790359/000114036122044364/brhc10045075_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T09:54:10.990931+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"22428f8da7c116fc13abe5480d820e60b2ccc985","claim":"NBT BANCORP INC entered into Agreement and Plan of Merger with Salisbury Bancorp, Inc. and Salisbury Bank and Trust Company (effective 2022-12-05).","evidence_excerpt":"On December 5, 2022, NBT Bancorp Inc. (the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Salisbury Bancorp, Inc. (“Salisbury”), Salisbury Bank and Trust Company (“Salisbury Bank”), Salisbury’s subsidiary bank, and NBT Bank, N.A. (“NBT Bank”), the Company’s subsidiary bank, pursuant to which the Company will acquire Salisbury.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/790359/000114036122044364/0001140361-22-044364-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Salisbury Bancorp, Inc. and Salisbury Bank and Trust Company"},{"label":"Effective","value":"2022-12-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}