The company has not filed an annual or quarterly report since its Q2 FY2023 10-Q, filed Aug 9, 2023. Its latest SEC filing is a SC 13G/A from Feb 7, 2024.
10-Q for Q2 FY2023, filed Aug 9, 2023
The sections below describe the company as of the FY2022 annual report.
Provides banking, lending, and trust and wealth services to individuals and organizations.
10-K for FY2022, filed Mar 10, 2023
Earns interest from loans and investments, along with fees for trust and wealth services, deposit accounts, and debit-card use. Trust and wealth fees generally accrue over time based on assets under administration; certain fees arise when a service is complete, deposit account fees are monthly, and debit-card fees arise when a customer makes a purchase.
10-K for FY2022, filed Mar 10, 2023A significant portion of Salisbury’s revenue, including interest income from loans and investments, falls outside the scope of ASC 606.…View ↗
The Trust and Wealth Advisory business generates revenue through a range of fiduciary services including trust and estate administration…View ↗
Salisbury offers a variety of deposit accounts with a range of interest rates and other terms, which are designed to meet customer…View ↗
Salisbury earns interchange fee revenue through customers’ use of the Bank’s debit cards. Interchange fees are generally recognized as…View ↗
$54.1M
10-K for FY2022, filed Mar 10, 2023
$54.1M ↗
Individuals, families, businesses, and institutions use the Bank for loans, deposits, and trust and investment services. Customers are served through banking offices and the website; consumer loans come through the branch network, with home equity lines handled by mortgage staff.
10-K for FY2022, filed Mar 10, 2023The Bank, formed in 1848, currently provides commercial banking, consumer financing, retail banking and trust and wealth advisory services…View ↗
The Bank originates commercial loans, commercial real estate loans, residential and commercial construction loans, residential real estate…View ↗
The Bank originates various types of consumer loans, including home equity loans and lines of credit, auto and personal installment loans.…View ↗
The Bank provides a range of fiduciary services including trust and estate administration, wealth advisory, and investment management to…View ↗
The Bank offers a variety of deposit accounts with a range of interest rates and other terms, which are designed to meet customer financial…View ↗
Yes. It kept 29 cents of every revenue dollar as net income in FY2022 and turned 49 cents into free cash flow.
8-K, filed Aug 14, 2023
On August 11, 2023 (the “Closing Date”), NBT completed its acquisition of Salisbury pursuant to the Merger Agreement. Under the terms of…View ↗
Grew. Revenue grew 34% in 4 years, from $40.4M in FY2018 to $54.1M in FY2022, about 8% a year.
Loading...
