secwatch.observer — SEC 8-K summary
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Issuer:     NBT BANCORP INC (NBTB)
CIK:        0000790359
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001140361-23-039657
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NBT Bancorp completes Salisbury acquisition; appoints Cantele to board, raises dividend 6.7%
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- Merger completed Aug 11, 2023; each Salisbury share exchanged for 0.7450 NBT shares.
- Added 13 banking offices in CT, NY, MA; NBT Bank now has 153 offices across 7 states.
- Appointed Richard J. Cantele, Jr. to NBT board and as EVP Strategic Integration.
- Quarterly dividend raised to $0.32/share (6.7% increase), payable Sept 15 to holders of record Sept 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/790359/000114036123039657/0001140361-23-039657-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/790359/000114036123039657/brhc20057326_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-039657

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