{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-019878","form_type":"8-K","ticker":"TRST","cik":"0000357301","company_name":"TRUSTCO BANK CORP N Y","filed_at":"2023-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.822520+00:00","generated_at":"2026-06-16T19:52:12.135750+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"TrustCo Q1 net income $17.7M, EPS $0.93; loan growth 7% YoY","bullets":["Net income of $17.7M ($0.93 diluted EPS) vs $17.1M ($0.89) YoY, up 3.8%.","Net interest income $47.0M, up 17.1% from $40.1M; net interest margin 3.21% vs 2.66%.","Average loans grew 7.0% YoY ($312M increase), led by residential mortgages up 5.1%.","Nonperforming loans improved to 0.40% of loans; net recoveries of $53k in quarter.","Book value per share $32.31, up 4.7%; equity-to-assets ratio 10.17%."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-019878","json":"https://secwatch.observer/filing/0001140361-23-019878.json","markdown":"https://secwatch.observer/filing/0001140361-23-019878.md","text":"https://secwatch.observer/filing/0001140361-23-019878.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/357301/000114036123019878/0001140361-23-019878-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/357301/000114036123019878/brhc20051769_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T19:52:12.135750+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":"5f22df3189eedbb803a6ce2700409f3787ec064d","claim":"TRUSTCO BANK CORP N Y reported first quarter 2023 results: revenue $47.0 million, net income $17.7 million, EPS $0.93 diluted earnings per share.","evidence_excerpt":"when the depositors would start to absorb the funds. This gave us flexibility to strategically price deposits while retaining core customers. Page 2 Net interest income was $47.0 million for the first quarter 2023, an increase of $6.9 million or 17.1% compared to the same period in 2022, driven by solid liquidity, loan growth, and the recent increases in the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/357301/000114036123019878/0001140361-23-019878-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$47.0 million"},{"label":"Net income","value":"$17.7 million"},{"label":"EPS","value":"$0.93 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"}