{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-002432","form_type":"8-K","ticker":"TRST","cik":"0000357301","company_name":"TRUSTCO BANK CORP N Y","filed_at":"2023-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.638916+00:00","generated_at":"2026-06-20T12:03:29.093845+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TrustCo reports record FY2022 net income $75.2M, up 22.3%; Q4 EPS $1.10 vs $0.85 YoY","bullets":["Full year net income $75.2M ($3.93 diluted EPS) vs $61.5M ($3.19 EPS) in 2021, up 22.3%.","Q4 2022 net income $20.9M ($1.10 diluted EPS) vs $16.2M ($0.85 EPS) in Q4 2021.","Net interest margin expanded to 3.34% from 2.69% YoY; efficiency ratio improved to 48.75% from 58.50%.","Average loans up $253.2M (+5.7%) in Q4 vs year ago, led by residential mortgages.","Book value per share $31.54, up 0.8% YoY; equity to assets ratio 10.00% vs 9.70%."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-002432","json":"https://secwatch.observer/filing/0001140361-23-002432.json","markdown":"https://secwatch.observer/filing/0001140361-23-002432.md","text":"https://secwatch.observer/filing/0001140361-23-002432.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/357301/000114036123002432/0001140361-23-002432-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/357301/000114036123002432/brhc10046869_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T12:03:29.093845+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":"a7fea6a4724dc5390ade56846186ffc767ca9ec5","claim":"TRUSTCO BANK CORP N Y reported the three months ended December 31, 2022 results: net income $20.9 million, EPS $1.10 diluted earnings per share.","evidence_excerpt":"and net income of $20.9 million or $1.10 diluted earnings per share for the three months ended December 31, 2022 which is another record quarter, compared to net income of $16.2 million or $0.85 diluted earnings per share for the three months ended December 31, 2021","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/357301/000114036123002432/0001140361-23-002432-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2022"},{"label":"Net income","value":"$20.9 million"},{"label":"EPS","value":"$1.10 diluted earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ccf19e0bd2c7642a124775578dc18b0bf53a424f","claim":"TRUSTCO BANK CORP N Y reported full year 2022 results: net income $75.2 million, EPS $3.93 diluted earnings per share.","evidence_excerpt":"TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) today announced full year 2022 net income of $75.2 million or $3.93 diluted earnings per share, compared to net income of $61.5 million or $3.19 diluted earnings per share for the full year 2021","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/357301/000114036123002432/0001140361-23-002432-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2022"},{"label":"Net income","value":"$75.2 million"},{"label":"EPS","value":"$3.93 diluted earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}