---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-033737"
form_type: "8-K"
ticker: "TRST"
cik: "0000357301"
company_name: "TRUSTCO BANK CORP N Y"
filed_at: "2024-07-22T23:59:59+00:00"
generated_at: "2026-05-31T18:42:07.198168+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TrustCo Q2 net income $12.6M ($0.66 EPS); loan growth 3.8% YoY, NIM up 9bps to 2.53%

## Summary
- Net income $12.6M vs $16.4M in Q2 2023; diluted EPS $0.66 down 23% YoY but up 4% from Q1 2024.
- Net interest income $37.8M, up 3.3% from prior quarter; net interest margin 2.53% (up 9 bps QoQ).
- Average loans grew $182.2M (+3.8% YoY); residential, home equity, and commercial all increased.
- Nonperforming loans $19.2M (0.38% of total loans); allowance coverage ratio 259.4%.
- Book value per share $34.46 (+5.5% YoY); equity-to-assets ratio 10.73%.

## SEC filing metadata
- accession: 0001140361-24-033737
- form_type: 8-K
- ticker: TRST
- cik: 0000357301
- company_name: TRUSTCO BANK CORP N Y
- filed_at: 2024-07-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/357301/000114036124033737/0001140361-24-033737-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/357301/000114036124033737/ef20032698_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-033737
- JSON: https://secwatch.observer/filing/0001140361-24-033737.json
- Plain text: https://secwatch.observer/filing/0001140361-24-033737.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.