Annual or Annual-Transition Report by a Foreign Non-Canadian Issuer — Form 20-F — SEA’34 Filing Table of Contents
Document/ExhibitDescriptionPagesSize
1: 20-F 20-F 2020 the Bank of N.T. Butterfield and Son HTML 4.08M
Limited
2: EX-2.2 EX-2.2 Description of Securities HTML 84K
3: EX-8 EX-8 List of Subsidiaries HTML 48K
6: EX-13.1 EX-13.1 CEO Attestation HTML 42K
4: EX-12.1 EX-12.1 CEO Certification HTML 44K
5: EX-12.2 EX-12.2 CFO Certification HTML 44K
7: EX-15.1 EX-15.1 Consent of Pricewaterhousecoopers Ltd HTML 39K
14: R1 Cover Page HTML 112K
15: R2 Consolidated Balance Sheets HTML 146K
16: R3 Consolidated Balance Sheets (Parenthetical) HTML 56K
17: R4 Consolidated Statements of Operations HTML 159K
18: R5 Consolidated Statements of Comprehensive Income HTML 68K
19: R6 Consolidated Statements of Changes in HTML 110K
Shareholders' Equity
20: R7 Consolidated Statements of Changes in HTML 43K
Shareholders' Equity (Parenthetical)
21: R8 Consolidated Statements of Cash Flows HTML 167K
22: R9 Nature of business HTML 43K
23: R10 Significant accounting policies HTML 147K
24: R11 Cash due from banks HTML 51K
25: R12 Short-term investments HTML 54K
26: R13 Investment in securities HTML 202K
27: R14 Loans HTML 393K
28: R15 Credit risk concentrations HTML 114K
29: R16 Premises, equipment and computer software HTML 68K
30: R17 Goodwill and other intangible assets HTML 75K
31: R18 Customer deposits and deposits from banks HTML 98K
32: R19 Employee benefit plans HTML 242K
33: R20 Credit-related arrangements, repurchase agreements HTML 77K
and commitments
34: R21 Leases HTML 98K
35: R22 Loan interest income HTML 53K
36: R23 Segmented information HTML 149K
37: R24 Derivative instruments and risk management HTML 121K
38: R25 Fair value measurements HTML 231K
39: R26 Interest rate risk HTML 231K
40: R27 Long-term debt HTML 62K
41: R28 Earnings per share HTML 61K
42: R29 Share-based payments HTML 146K
43: R30 Share buy-back plans HTML 52K
44: R31 Accumulated other comprehensive loss HTML 124K
45: R32 Capital structure HTML 67K
46: R33 Income taxes HTML 82K
47: R34 Business combinations HTML 72K
48: R35 Related party transactions HTML 80K
49: R36 Condensed financial statements of the parent HTML 219K
company only
50: R37 Subsequent events HTML 41K
51: R38 Significant accounting policies (Policies) HTML 215K
52: R39 Cash due from banks (Tables) HTML 50K
53: R40 Short-term investments (Tables) HTML 53K
54: R41 Investment in securities (Tables) HTML 198K
55: R42 Loans (Tables) HTML 394K
56: R43 Credit risk concentrations (Tables) HTML 114K
57: R44 Premises, equipment and computer software (Tables) HTML 67K
58: R45 Goodwill and other intangible assets (Tables) HTML 76K
59: R46 Customer deposits and deposits from banks (Tables) HTML 98K
60: R47 Employee benefit plans (Tables) HTML 241K
61: R48 Credit-related arrangements, repurchase agreements HTML 74K
and commitments (Tables)
62: R49 Leases (Tables) HTML 69K
63: R50 Loan interest income (Tables) HTML 53K
64: R51 Segmented information (Tables) HTML 139K
65: R52 Derivative instruments and risk management HTML 140K
(Tables)
66: R53 Fair value measurements (Tables) HTML 130K
67: R54 Interest rate risk (Tables) HTML 147K
68: R55 Long-term debt (Tables) HTML 59K
69: R56 Earnings per share (Tables) HTML 59K
70: R57 Share-based payments (Tables) HTML 143K
71: R58 Share buy-back plans (Tables) HTML 50K
72: R59 Accumulated other comprehensive loss (Tables) HTML 125K
73: R60 Capital structure (Tables) HTML 64K
74: R61 Income taxes (Tables) HTML 82K
75: R62 Business combinations (Tables) HTML 68K
76: R63 Related party transactions (Tables) HTML 76K
77: R64 Condensed financial statements of the parent HTML 221K
company only (Tables)
78: R65 Nature of business (Details) HTML 41K
79: R66 Significant accounting policies (Details) HTML 73K
80: R67 Cash due from banks (Details) HTML 54K
81: R68 Short-term investments (Details) HTML 56K
82: R69 Investment in securities - Amortized Cost, HTML 93K
Carrying Amount and Fair Value (Details)
83: R70 Investment in securities - Narrative (Details) HTML 57K
84: R71 Investment in securities - Continuous Unrealized HTML 89K
Loss Position (Details)
85: R72 Investment in securities - Investment Maturities HTML 94K
(Details)
86: R73 Investment in securities - Pledged Investments HTML 48K
(Details)
87: R74 Investment in securities - Sale Proceeds and HTML 62K
Realized Gains and Losses of AFS Securities
(Details)
88: R75 Loans - Additional Information (Details) HTML 43K
89: R76 Loans - Loans' Credit Quality (Details) HTML 214K
90: R77 Loans - Age Analysis of Past Due Loans (Including HTML 135K
Non-Accrual Loans) (Details)
91: R78 Loans - Changes in Allowances for Credit Losses HTML 85K
(Details)
92: R79 Loans - Non-Performing Loans (Details) HTML 109K
93: R80 Loans - Loans Modified in a TDR (Details) HTML 64K
94: R81 Credit risk concentrations (Details) HTML 153K
95: R82 Premises, equipment and computer software - HTML 66K
Schedule of Premise, Equipment, and Computer
Software (Details)
96: R83 Goodwill and other intangible assets - Goodwill HTML 56K
(Details)
97: R84 Goodwill and other intangible assets - Customer HTML 58K
Relationship Intangible Assets (Details)
98: R85 Goodwill and other intangible assets - Narrative HTML 70K
(Details)
99: R86 Customer deposits and deposits from banks HTML 87K
(Details)
100: R87 Customer deposits and deposits from banks - By HTML 53K
Type and Segment (Details)
101: R88 Employee benefit plans - Narrative (Details) HTML 58K
102: R89 Employee benefit plans - Financial Position of HTML 111K
Defined Benefit Plans (Details)
103: R90 Employee benefit plans - Amounts Recognized in HTML 125K
AOCI, Benefit Expense (Income), and OCI (Details)
104: R91 Employee benefit plans - Actuarial Assumptions HTML 67K
(Details)
105: R92 Employee benefit plans - Investments Policies and HTML 52K
Strategies (Details)
106: R93 Employee benefit plans - Fair Value Measurements HTML 93K
of Pension Plans' Assets (Details)
107: R94 Employee benefit plans - Estimated Future HTML 61K
Contributions (Details)
108: R95 Credit-related arrangements, repurchase agreements HTML 57K
and commitments - Commitments (Details)
109: R96 Credit-related arrangements, repurchase agreements HTML 77K
and commitments - Contractual Obligation, Fiscal
Year Maturity Schedule (Details)
110: R97 Credit-related arrangements, repurchase agreements HTML 56K
and commitments - Credit-Related Arrangements
(Details)
111: R98 Credit-related arrangements, repurchase agreements HTML 49K
and commitments - Repurchase Agreements (Details)
112: R99 Credit-related arrangements, repurchase agreements HTML 45K
and commitments - Legal Proceedings (Details)
113: R100 Leases - Narrative (Details) HTML 40K
114: R101 Leases - Summary of Lease Costs and Lessee HTML 89K
Operating Lease Liability Maturity (Details)
115: R102 Loan interest income (Details) HTML 57K
116: R103 Segmented information (Details) HTML 125K
117: R104 Derivative instruments and risk management - HTML 82K
Schedule of Notional Amounts and Related Fair
Value Measurements of Derivative Instruments
(Details)
118: R105 Derivative instruments and risk management - HTML 76K
Offsetting (Details)
119: R106 Derivative instruments and risk management - HTML 63K
Location and Amount of Gains (Losses) (Details)
120: R107 Fair value measurements - Financial Assets and HTML 98K
Liabilities Measured at Fair Value (Details)
121: R108 Fair value measurements - Level 3 Reconciliation HTML 48K
(Details)
122: R109 Fair value measurements - Items Other Than Those HTML 81K
Recognized at Fair Value on a Recurring Basis
(Details)
123: R110 Interest rate risk (Details) HTML 116K
124: R111 Long-term debt - Additional Information (Details) HTML 95K
125: R112 Long-term debt - Contractual Maturity (Details) HTML 71K
126: R113 Earnings per share (Details) HTML 87K
127: R114 Share-based payments - Additional Information HTML 127K
(Details)
128: R115 Share-based payments - Changes in Outstanding HTML 88K
Stock Options (Details)
129: R116 Share-based payments - Changes in Outstanding HTML 68K
ELTIP and EDIP Awards (Details)
130: R117 Share-based payments - Share-based Compensation HTML 44K
Cost Recognized in Net Income (Details) (Details)
131: R118 Share-based payments - Unrecognized Share-based HTML 55K
Compensation Cost (Details)
132: R119 Share buy-back plans (Details) HTML 65K
133: R120 Accumulated other comprehensive loss - Schedule of HTML 71K
AOCL Components (Details)
134: R121 Accumulated other comprehensive loss - Net Change HTML 105K
of AOCL Components (Details)
135: R122 Capital structure - Authorized Capital (Details) HTML 73K
136: R123 Capital structure - Dividends (Details) HTML 48K
137: R124 Capital structure - Regulatory Capital (Details) HTML 70K
138: R125 Income taxes - Income Taxes in Consolidated HTML 49K
Statements of Operations (Details)
139: R126 Income taxes - Reconciliation between the HTML 72K
Effective Income Tax Rate and the Statutory Income
Tax Rate (Details)
140: R127 Income taxes - Deferred Income Taxes (Details) HTML 60K
141: R128 Income taxes - Narrative (Details) HTML 49K
142: R129 Business combinations - Deutsche Bank?s Global HTML 62K
Trust Solutions (Details)
143: R130 Business combinations - Total Consideration HTML 79K
Transferred (Details)
144: R131 Business combinations - ABN AMRO (Channel Islands) HTML 59K
Limited Acquisition (Details)
145: R132 Business combinations - Pro Forma Information HTML 46K
(Details)
146: R133 Related party transactions - Financing HTML 64K
Transactions (Details)
147: R134 Related party transactions - Financial HTML 60K
Transactions With Related Parties (Details)
148: R135 Condensed financial statements of the parent HTML 135K
company only - Condensed Balance Sheets (Details)
149: R136 Condensed financial statements of the parent HTML 162K
company only - Condensed Statements of Operations
(Details)
150: R137 Condensed financial statements of the parent HTML 198K
company only - Condensed Statements of Cash Flows
(Details)
151: R138 Subsequent events (Details) HTML 51K
153: XML IDEA XML File -- Filing Summary XML 299K
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152: EXCEL IDEA Workbook of Financial Reports XLSX 265K
9: EX-101.CAL XBRL Calculations -- ntb-20201231_cal XML 697K
10: EX-101.DEF XBRL Definitions -- ntb-20201231_def XML 1.92M
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8: EX-101.SCH XBRL Schema -- ntb-20201231 XSD 359K
154: JSON XBRL Instance as JSON Data -- MetaLinks 838± 1.30M
155: ZIP XBRL Zipped Folder -- 0001653242-21-000008-xbrl Zip 1.69M
1.I have reviewed this annual report on Form 20-F of The Bank of N.T. Butterfield & Son Limited for the year-ended December 31, 2020;
2.Based on my knowledge,
this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the company as of, and for, the periods presented in this report;
4.The company’s other certifying officer and
I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in the Exchange Act Rules 13a-15(f) and 15d to 15(f)) for the company and have:
a.Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in
which this report is being prepared;
b.Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
a.Evaluated the effectiveness of the company’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
b.Disclosed
in this report any change in the company’s internal control over financial reporting that occurred during the period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the company’s internal control over financial reporting.
5.The company’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the
company’s auditors and the audit committee of the company’s board of directors (or persons performing the equivalent functions):
a.All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the company’s ability to record, process, summarize and report financial information; and
b.Any fraud, whether or not material, that involves management or other employees who have a significant role in the company’s internal control over financial
reporting.
