TRUSTCO BANK CORP N Y

Listed Company

TRSTCIK 0000357301NasdaqAcceleratedState Commercial BanksNew YorkFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$61.14M

Total Assets

$6.44B

Equity

$686.59M

Shares Out

17.47M

Op. Cash Flow

$57.60M

+ 13F Filer

TRST$54.88+55.23% · past yearDBEQ Basic

Daily closing prices

Business

TrustCo Bank Corp NY is a savings and loan holding company whose principal subsidiary, Trustco Bank, is a federal savings bank providing general banking services to individuals and businesses. The Bank offers deposit products, residential and commercial real estate loans, consumer loans, trust and investment services, and operates banking offices and ATMs across New York, Florida, Vermont, Massachusetts, and New Jersey. Through its trust department operating as Trustco Financial Services, the company provides asset and wealth management, estate planning, custodial services, and employee benefit plan administration.

Summary from 10-K filed 2026-03-16

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Interest and fees on loans	221	206	187	162	159
U. S. government sponsored enterprises	2	3	3	1	314,000
State and political subdivisions	1,000	1,000	2,000	2,000	2,000
Mortgage-backed securities and collateralized mortgage obligations-residential	6	6	6	6	5
Corporate bonds	1	2	2	2	1
Small Business Administration-guaranteed participation securities	296,000	368,000	437,000	551,000	745,000
Other	30,000	13,000	10,000	9,000	20,000
Total interest and dividends on securities available for sale	10	11	11	9	7
Mortgage-backed securities and collateralized mortgage obligations-residential	213,000	254,000	296,000	343,000	435,000
Total interest on held to maturity securities	213,000	254,000	296,000	343,000	435,000
Federal Home Loan Bank stock	531,000	604,000	500,000	305,000	260,000
Interest on federal funds sold and other short-term investments	28	26	27	14	1
Total interest and dividend income	259	243	226	187	168
Interest on deposits	90	91	53	6	7
Interest on short-term borrowings	894,000	791,000	1	740,000	909,000
Total interest expense	90	91	54	6	—
Net interest income	169	152	172	180	160
Provision for credit losses	2	2	1	−341,000	−5
Net interest income after provision for credit losses	167	150	171	180	166
Trustco Financial Services income	8	7	6	7	7
Fees for services to customers	10	10	11	11	10
Net gain on equity securities	0	1	0	0	—
Other	2	1	1	1	780,000
Total noninterest income	19	20	18	19	18
Salaries and employee benefits	49	48	51	46	49
Net occupancy expense	18	18	17	18	18
Equipment expense	8	8	8	6	7
Professional services	6	7	6	6	6
Outsourced services	10	11	10	9	8
Advertising expense	2	2	2	2	2
FDIC and other insurance expense	5	4	4	3	3
Other real estate expense, net	719,000	770,000	524,000	310,000	183,000
Other	8	8	12	10	9
Total noninterest expense	106	106	111	100	102
Income before income taxes	81	64	78	99	82
Income taxes	20	15	19	24	21
Net income	61	49	59	75	62
Basic (in Dollars per share)	3.26	2.57	3.08	3.93	3.19
Diluted (in Dollars per share)	3.25	2.57	3.08	3.93	3.19

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and due from banks	51	47	49	43	48
Federal funds sold and other short term investments	680	594	529	607	1,171
Total cash and cash equivalents	730	642	578	651	1,219
Securities available for sale	310	358	452	482	408
Held to maturity securities ($4,389 and $5,306 fair value at December 31, 2025 and 2024, respectively)	4	5	6	8	10
Federal Home Loan Bank stock	7	7	6	6	6
Loans, net of deferred costs	5,252	5,098	5,003	4,733	—
Less: Allowance for credit losses on loans	52	50	49	46	44
Net loans	5,200	5,048	4,954	4,687	—
Bank premises and equipment, net	41	34	34	33	33
Operating lease right-of-use assets	34	37	41	45	48
Other assets	114	109	96	90	78
Total assets	6,441	6,239	6,168	6,000	6,197
Demand	815	762	755	838	795
Savings accounts	1,070	1,087	1,179	1,521	1,505
Interest-bearing checking	1,077	1,028	1,015	1,183	1,191
Money market deposit accounts	457	465	566	621	782
Time accounts	2,138	2,050	1,836	1,029	995
Total deposits	5,557	5,391	5,351	5,193	5,268
Short-term borrowings	120	85	89	123	245
Operating lease liabilities	36	40	44	49	53
Accrued expenses and other liabilities	40	46	39	36	30
Total liabilities	5,754	5,562	5,523	5,400	5,595
Commitments and contingent liabilities	—	—	—	—	—
Capital stock: $1.00 par value; 30,000,000 shares authorized, 20,118,509 and 20,097,152 shares issued and 18,029,107 and 19,019,749 shares outstanding at December 31, 2025 and 2024, respectively	20	20	20	20	20
Surplus	260	259	257	257	257
Undivided profits	480	447	425	394	349
Accumulated other comprehensive income (loss), net of tax	10	−4	−13	−27	12
Treasury stock: 2,089,402 and 1,077,403 shares, at cost, at December 31, 2025 and 2024, respectively	−84	−45	−44	−44	−37
Total shareholders equity	687	676	645	600	601
Total liabilities and shareholders equity	6,441	6,239	6,168	6,000	6,197

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	5	5	4	4	4
Amortization of right-of-use asset	7	7	7	6	6
Net gain on sale of other real estate owned	−40,000	−75,000	−355,000	−122,000	−216,000
Writedown of other real estate owned	547,000	350,000	143,000	68,000	121,000
Net gain on securities transactions	0	−1	0	0	—
Deferred tax expense	4	2	2	4	−238,000
Net amortization of securities	884,000	1	2	2	4
Stock based compensation expense	1	720,000	103,000	0	0
Net loss (gain) on sale of bank premises and equipment	125,000	−144,000	101,000	−315,000	0
(Increase) Decrease in taxes receivable	−4	6	−79,000	5	−148,000
(Increase) Decrease in interest receivable	−635,000	489,000	−2	−2	932,000
(Decrease) Increase in interest payable	−171,000	204,000	3	439,000	−311,000
Increase in other assets	−7	−6	−6	−8	−10
Decrease in operating lease liabilities	−7	−7	−7	−7	−7
(Decrease) Increase in accrued expenses and other liabilities	−4	1	1	−522,000	1
Total adjustments	−4	11	5	3	−6
Net cash provided by operating activities	58	59	64	79	55
Proceeds from paydowns and calls of securities available for sale	86	68	54	69	149
Purchases of securities available for sale	−96	−43	−20	−204	−140
Proceeds from maturities of securities available for sale	70	71	5	15	9
Proceeds from paydowns of held to maturity securities	993,000	1	1	2	4
Purchases of Federal Reserve Bank and Federal Home Loan Bank stock	−94,000	−304,000	−406,000	−193,000	−98,000
Net increase in loans	−154	−98	−270	−296	−195
Proceeds from sale of securities transactions	0	1	0	0	—
Proceeds from dispositions of other real estate owned	531,000	325,000	2	588,000	764,000
Proceeds from dispositions of bank premises and equipment	0	713,000	0	470,000	6,000
Purchases of bank premises and equipment	−12	−5	−6	−4	−3
Net cash used in investing activities	−105	−4	−234	−417	−175
Net change in deposits	166	40	158	−75	231
Net change in short-term borrowings	35	−4	−34	−122	30
Proceeds from exercise of stock options and related tax benefits	24,000	95,000	0	429,000	260,000
Stock based award tax withholding payments	−292,000	−193,000	0	0	—
Purchases of treasury stock	−38	−374,000	0	−7	−2
Dividends paid	−28	−27	−27	−27	−26
Net cash provided by financing activities	136	8	97	−231	232
Net (decrease) increase in cash and cash equivalents	89	64	−73	−569	112
Interest paid	91	91	51	6	8
Income taxes paid	19	9	19	19	20
Transfer of loans to real estate owned	258,000	3	320,000	2	490,000
Change in dividends payable	24,000	−10,000	20,000	−2,000	158,000
Change in deferred tax effect on unrealized gain on securities available for sale, net of reclassification adjustment	−3	−760,000	−3	11	3
Amortization of net actuarial gain and prior service credit on pension and post retirement plans, gross of deferred taxes	−2	−811,000	−410,000	−1	−269,000
Change in overfunded portion of pension and post retirement benefit plans (ASC 715) - gross of deferred taxes	8	11	8	−8	10

Filings

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Holdings (13F)

Portfolio as of 2026-03-31 · 135 positions

Reported AUM

$112.54M

Holdings

135

Top sector

$112.54M

Top sectors

Sector	Value	% of portfolio
Uncategorized	$112.54M	100.0%

Top holdings

Issuer	Ticker	Shares	Value	%
APPLIED MATERIALS INC	—	22.8K	$7.81M	6.9%
GE AEROSPACE	—	23.6K	$6.71M	6.0%
APPLE INC	—	22.7K	$5.77M	5.1%
JP MORGAN CHASE & CO	—	18.3K	$5.37M	4.8%
GE VERNOVA INC	—	6.1K	$5.28M	4.7%
EXXON MOBIL CORP	—	24.0K	$4.08M	3.6%
TRUSTCO BANK CORP NY	—	91.9K	$4.02M	3.6%
JOHNSON & JOHNSON	—	15.6K	$3.82M	3.4%
MICROSOFT CORP	—	10.0K	$3.71M	3.3%
ABBVIE INC SR NT	—	16.1K	$3.50M	3.1%

Frequently asked questions

What is TRUSTCO BANK CORP N Y's CIK number?

TRUSTCO BANK CORP N Y's SEC CIK number is 0000357301 (357301). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find TRUSTCO BANK CORP N Y's SEC filings?

All of TRUSTCO BANK CORP N Y's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did TRUSTCO BANK CORP N Y last report earnings?

TRUSTCO BANK CORP N Y (TRST) most recently filed an earnings 8-K with the SEC on Apr 21, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001140361-26-015892). This is TRUSTCO BANK CORP N Y's most recent earnings filing of record — not a forecast of its next earnings date.

What is TRUSTCO BANK CORP N Y's most recent earnings 8-K?

TRUSTCO BANK CORP N Y's latest earnings 8-K (Item 2.02) was filed Apr 21, 2026 under accession 0001140361-26-015892. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

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