{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-040403","form_type":"8-K","ticker":"TRST","cik":"0000357301","company_name":"TRUSTCO BANK CORP N Y","filed_at":"2026-10-21T20:34:15+00:00","discovered_at":"2026-10-21T20:35:09.965308+00:00","generated_at":"2026-10-21T20:35:15.157962+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.62,"calibrated_materiality_score":0.62,"confidence":"high","headline":"TrustCo Q3 net income rises 6.5% to $17.3M; EPS $1.02 up 18.6%, dividend raised 5.3% to $0.40","bullets":["Net interest income $47.0M, up 9.1% from $43.1M; NIM 2.95%, up 16 bps from 2.79%; asset yield 4.35% (+10 bps), cost of interest-bearing liabilities 1.79% (-11 bps).","Average loans +$238.1M (+4.6%), led by residential +$177.3M (+4.0%) and HECLs +$50.0M (+11.4%); average deposits +$229.6M (+4.2%) on time deposits and checking growth.","Dividend raised 5.3% to $0.40/quarter ($1.60 annualized); repurchased 500K shares in Q3 and 1.5M (8.3%) YTD, on pace for 3M shares (15.8%) by end of 2026.","Provision for credit losses $850K vs $250K a year earlier; NPLs $21.1M (0.39% of loans) vs $18.5M (0.36%); coverage ratio 261.8% vs 280.8%; ACL $55.2M.","Nine-month net income $50.6M ($2.91 EPS) vs $45.6M ($2.41); book value per share $38.20 (+2.4%); equity-to-assets 9.72% vs 10.90% a year ago."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-040403","json":"https://secwatch.observer/filing/0001140361-26-040403.json","markdown":"https://secwatch.observer/filing/0001140361-26-040403.md","text":"https://secwatch.observer/filing/0001140361-26-040403.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/357301/000114036126040403/0001140361-26-040403-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/357301/000114036126040403/ef20084125_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-21T20:35:15.157962+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}