Parent Company Only (Tables)

12 Months Ended

Dec. 31, 2016

Parent Company Only [Abstract]

Statements of Comprehensive Income

The following statements pertain to TrustCo Bank Corp NY (Parent Company):

Statements of Comprehensive Income

(dollars in thousands)	Years Ended December 31,
Income:	2016			2015			2014
Dividends and interest from subsidiaries	$	24,498			24,501			24,499
Miscellaneous income		-			-			18
Total income		24,498			24,501			24,517
Expense:
Operating supplies		21			33			50
Professional services		461			577			557
Miscellaneous expense		1,258			664			1,350
Total expense		1,740			1,274			1,957
Income before income taxes and subsidiaries' undistributed earnings		22,758			23,227			22,560
Income tax benefit		(578	)		(405	)		(663	)
Income before subsidiaries' undistributed earnings		23,336			23,632			23,223
Equity in undistributed
earnings of subsidiaries		19,265			18,606			20,970
Net income	$	42,601			42,238			44,193
Change in other comprehensive (loss) income		(1,470	)		(272	)		9,294
Comprehensive income	$	41,131			41,966			53,487

Statements of Condition

The following statements pertain to TrustCo Bank Corp NY (Parent Company):

Statements of Condition
(dollars in thousands)	December 31,
Assets:	2016		2015
Cash in subsidiary bank	$	19,886		18,463
Investments in subsidiaries		419,075		401,289
Securities available for sale		35		35
Other assets		824		967
Total assets		439,820		420,754
Liabilities and shareholders' equity:
Accrued expenses and other liabilities		7,134		7,444
Total liabilities		7,134		7,444
Shareholders' equity		432,686		413,310
Total liabilities and shareholders' equity	$	439,820		420,754

Statements of Cash Flows

The following statements pertain to TrustCo Bank Corp NY (Parent Company):

Statements of Cash Flows

(dollars in thousands)	Years Ended December 31,
	2016			2015			2014
Increase/(decrease) in cash and cash equivalents:
Cash flows from operating activities:
Net income	$	42,601			42,238			44,193
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of subsidiaries		(19,265	)		(18,606	)		(20,970	)
Stock based compensation expense		224			204			325
Net change in other assets and accrued expenses		(196	)		(140	)		388
Total adjustments		(19,237	)		(18,542	)		(20,257	)
Net cash provided by operating activities		23,364			23,696			23,936
Cash flows from investing activities:
Purchases of securities available for sale		-			-			(25	)
Net cash used in investing activities		-			-			(25	)
Cash flows from financing activities:
Proceeds from exercise of stock options		1,368			147			131
Dividends paid		(25,055	)		(24,937	)		(24,839	)
Payments to acquire treasury stock		(701	)		(147	)		(282	)
Proceeds from sales of treasury stock		2,447			2,670			2,850
Net cash used in financing activities		(21,941	)		(22,267	)		(22,140	)
Net increase in cash and cash equivalents		1,423			1,429			1,771
Cash and cash equivalents at beginning of year		18,463			17,034			15,263
Cash and cash equivalents at end of year	$	19,886			18,463			17,034