NORWICH, N.Y.,
Net income for the three months ended
Selected highlights for the second quarter of 2012 include:
- 7.5% organic loan growth (annualized)
- Approximately
$217 million in loans from the Hampshire First acquisition
"During the second quarter we continued to demonstrate commitment to strategic investment in our company's future with extension of our footprint into a fifth state through the successful acquisition of
Loan and Lease Quality and Provision for Loan and Lease Losses
The Company recorded a provision for loan and lease losses of
The Company recorded a provision for loan and lease losses of
Past due loans as a percentage of total loans was 0.54% at
The allowance for loan and lease losses totaled
Net Interest Income
Net interest income was down slightly to
While the yield on interest bearing liabilities decreased 19 basis points, the yield on interest earning assets declined 42 basis points, resulting in margin compression for the six months ended
Net interest income was down slightly to
While the yield on interest bearing liabilities decreased 17 basis points, the yield on interest earning assets declined 45 basis points, resulting in margin compression for the three months ended
Noninterest Income
Noninterest income for the six months ended
Noninterest income for the three months ended
Noninterest Expense and Income Tax Expense
Noninterest expense for the six months ended
Noninterest expense for the three months ended
Balance Sheet
Total assets were
Stock Repurchase Program
Under previously disclosed stock repurchase plans, the Company purchased 769,568 shares of its common stock during the six month period ended
Dividend
The NBT Board of Directors declared a 2012 third-quarter cash dividend of
Corporate Overview
Forward-Looking Statements
This news release contains forward-looking statements. These forward-looking statements involve risks and uncertainties and are based on the beliefs and assumptions of the management of
NBT Bancorp Inc. and Subsidiaries | ||||||||
SELECTED FINANCIAL HIGHLIGHTS | ||||||||
(unaudited) | ||||||||
Net | Percent | |||||||
2012 | 2011 | Change | Change | |||||
(dollars in thousands, except per share data) | ||||||||
Three Months Ended June 30, | ||||||||
Net Income | $13,257 | $14,655 | ($1,398) | -10% | ||||
Diluted Earnings Per Share | $0.40 | $0.43 | ($0.03) | -7% | ||||
Weighted Average Diluted | ||||||||
Common Shares Outstanding | 33,492,659 | 34,319,665 | (827,006) | -2% | ||||
Return on Average Assets (1) | 0.92% | 1.09% | -17 bp | -16% | ||||
Return on Average Equity (1) | 9.66% | 10.86% | -120 bp | -11% | ||||
Net Interest Margin (2) | 3.82% | 4.13% | -31 bp | -8% | ||||
Six Months Ended June 30, | ||||||||
Net Income | $26,907 | $28,962 | ($2,055) | -7% | ||||
Diluted Earnings Per Share | $0.80 | $0.84 | ($0.04) | -5% | ||||
Weighted Average Diluted | ||||||||
Common Shares Outstanding | 33,452,970 | 34,491,627 | (1,038,657) | -3% | ||||
Return on Average Assets (1) | 0.94% | 1.08% | -14 bp | -13% | ||||
Return on Average Equity (1) | 9.89% | 10.82% | -93 bp | -9% | ||||
Net Interest Margin (2) | 3.86% | 4.12% | -26 bp | -6% | ||||
Asset Quality | June 30, | December 31, | ||||||
2012 | 2011 | |||||||
Nonaccrual Loans | $43,924 | $38,290 | ||||||
90 Days Past Due and Still Accruing | $1,629 | $3,190 | ||||||
Total Nonperforming Loans | $45,553 | $41,480 | ||||||
Other Real Estate Owned | $1,815 | $2,160 | ||||||
Total Nonperforming Assets | $47,368 | $43,640 | ||||||
Allowance for Loan and Lease Losses | $70,734 | $71,334 | ||||||
Allowance for Loan and Lease Losses to Total Loans and Leases | 1.70% | 1.88% | ||||||
Total Nonperforming Loans to Total Loans and Leases | 1.09% | 1.09% | ||||||
Total Nonperforming Assets to Total Assets | 0.79% | 0.78% | ||||||
Past Due Loans to Total Loans and Leases | 0.54% | 0.89% | ||||||
Allowance for Loan and Lease Losses to Total Nonperforming Loans | 155.28% | 171.97% | ||||||
Net Charge-Offs to YTD Average Loans and Leases (1) | 0.48% | 0.56% | ||||||
Capital | ||||||||
Equity to Assets | 9.49% | 9.61% | ||||||
Book Value Per Share | $16.79 | $16.23 | ||||||
Tangible Book Value Per Share | $11.76 | $11.70 | ||||||
Tier 1 Leverage Ratio | 8.59% | 8.74% | ||||||
Tier 1 Capital Ratio | 10.78% | 11.56% | ||||||
Total Risk-Based Capital Ratio | 12.03% | 12.81% | ||||||
Quarterly Common Stock Price | 2012 | 2011 | ||||||
Quarter End | High | Low | High | Low | ||||
March 31 | $24.10 | $20.75 | $24.98 | $21.55 | ||||
June 30 | $22.50 | $19.19 | $23.32 | $20.62 | ||||
September 30 | $23.25 | $17.05 | ||||||
December 31 | $22.63 | $17.47 | ||||||
(1) Annualized | ||||||||
(2) Calculated on a FTE basis |
NBT Bancorp Inc. and Subsidiaries | ||||
SELECTED FINANCIAL HIGHLIGHTS | ||||
(unaudited) | ||||
June 30, | December 31, | Net | Percent | |
2012 | 2011 | Change | Change | |
(dollars in thousands) | ||||
Balance Sheet | ||||
Loans and Leases | $4,161,214 | $3,800,203 | $361,011 | 9% |
Earning Assets | $5,470,270 | $5,112,831 | $357,439 | 7% |
Total Assets | $5,967,568 | $5,598,406 | $369,162 | 7% |
Deposits | $4,688,907 | $4,367,149 | $321,758 | 7% |
Stockholders' Equity | $566,505 | $538,110 | $28,395 | 5% |
June 30, | June 30, | Net | ||
2012 | 2011 | Change | ||
Average Balances | (dollars in thousands) | |||
Three Months Ended | ||||
Loans and Leases | $3,938,592 | $3,648,343 | $290,249 | |
Securities Available For Sale | ||||
(excluding unrealized gains or losses) | $1,208,384 | $1,098,964 | $109,420 | |
Securities Held To Maturity | $68,472 | $85,615 | ($17,143) | |
Trading Securities | $3,725 | $3,202 | $523 | |
Regulatory Equity Investment | $27,886 | $27,071 | $815 | |
Short-Term Interest Bearing Accounts | $102,192 | $128,799 | ($26,607) | |
Total Earning Assets | $5,345,526 | $4,988,792 | $356,734 | |
Total Assets | $5,810,584 | $5,412,979 | $397,605 | |
Interest Bearing Deposits | $3,470,553 | $3,290,469 | $180,084 | |
Non-Interest Bearing Deposits | $1,111,804 | $932,066 | $179,738 | |
Short-Term Borrowings | $171,545 | $135,618 | $35,927 | |
Long-Term Borrowings | $443,673 | $444,881 | ($1,208) | |
Total Interest Bearing Liabilities | $4,085,771 | $3,870,968 | $214,803 | |
Stockholders' Equity | $551,865 | $541,349 | $10,516 | |
Average Balances | ||||
Six Months Ended | ||||
Loans and Leases | $3,874,027 | $3,632,355 | $241,672 | |
Securities Available For Sale | ||||
(excluding unrealized gains or losses) | $1,210,575 | $1,098,506 | $112,069 | |
Securities Held To Maturity | $69,507 | $89,833 | ($20,326) | |
Trading Securities | $3,512 | $3,086 | $426 | |
Regulatory Equity Investment | $27,453 | $27,158 | $295 | |
Short-Term Interest Bearing Accounts | $91,159 | $135,019 | ($43,860) | |
Total Earning Assets | $5,272,721 | $4,982,871 | $289,850 | |
Total Assets | $5,735,021 | $5,405,062 | $329,959 | |
Interest Bearing Deposits | $3,426,578 | $3,290,198 | $136,380 | |
Non-Interest Bearing Deposits | $1,087,180 | $918,483 | $168,697 | |
Short-Term Borrowings | $167,176 | $144,447 | $22,729 | |
Long-Term Borrowings | $444,745 | $445,139 | ($394) | |
Total Interest Bearing Liabilities | $4,038,499 | $3,879,784 | $158,715 | |
Stockholders' Equity | $547,246 | $539,789 | $7,457 |
NBT Bancorp Inc. and Subsidiaries | June 30, | December 31, |
Consolidated Balance Sheets (unaudited) | 2012 | 2011 |
(in thousands) | ||
ASSETS | ||
Cash and due from banks | $ 114,441 | $ 128,517 |
Short term interest bearing accounts | 24,723 | 864 |
Securities available for sale, at fair value | 1,221,706 | 1,244,619 |
Securities held to maturity (fair value of $65,556 and $72,198 at June 30, 2012 and December 31, 2011, respectively) | 64,387 | 70,811 |
Trading securities | 3,641 | 3,062 |
Federal Reserve and Federal Home Loan Bank stock | 28,706 | 27,020 |
Loans and leases | 4,161,214 | 3,800,203 |
Less allowance for loan and lease losses | 70,734 | 71,334 |
Net loans and leases | 4,090,480 | 3,728,869 |
Premises and equipment, net | 76,906 | 74,541 |
Goodwill | 151,628 | 132,029 |
Intangible assets, net | 18,191 | 18,194 |
Bank owned life insurance | 79,215 | 77,626 |
Other assets | 93,544 | 92,254 |
TOTAL ASSETS | $ 5,967,568 | $ 5,598,406 |
LIABILITIES AND STOCKHOLDERS' EQUITY | ||
Deposits: | ||
Demand (noninterest bearing) | $ 1,152,646 | $ 1,052,906 |
Savings, NOW, and money market | 2,483,683 | 2,381,116 |
Time | 1,052,578 | 933,127 |
Total deposits | 4,688,907 | 4,367,149 |
Short-term borrowings | 212,203 | 181,592 |
Long-term debt | 367,147 | 370,344 |
Trust preferred debentures | 75,422 | 75,422 |
Other liabilities | 57,384 | 65,789 |
Total liabilities | 5,401,063 | 5,060,296 |
Total stockholders' equity | 566,505 | 538,110 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ 5,967,568 | $ 5,598,406 |
Three Months Ended | Six Months Ended | |||
NBT Bancorp Inc. and Subsidiaries | June 30, | June 30, | ||
Consolidated Statements of Income (unaudited) | 2012 | 2011 | 2012 | 2011 |
(in thousands, except per share data) | ||||
Interest, fee and dividend income: | ||||
Loans and leases | $ 50,509 | $ 51,126 | $ 100,717 | $ 101,986 |
Securities available for sale | 7,108 | 7,947 | 14,474 | 15,851 |
Securities held to maturity | 617 | 745 | 1,257 | 1,545 |
Other | 413 | 440 | 805 | 933 |
Total interest, fee and dividend income | 58,647 | 60,258 | 117,253 | 120,315 |
Interest expense: | ||||
Deposits | 4,834 | 6,051 | 9,977 | 12,338 |
Short-term borrowings | 48 | 52 | 89 | 110 |
Long-term debt | 3,580 | 3,591 | 7,161 | 7,162 |
Trust preferred debentures | 434 | 400 | 883 | 1,289 |
Total interest expense | 8,896 | 10,094 | 18,110 | 20,899 |
Net interest income | 49,751 | 50,164 | 99,143 | 99,416 |
Provision for loan and lease losses | 4,103 | 6,021 | 8,574 | 9,986 |
Net interest income after provision for loan and lease losses | 45,648 | 44,143 | 90,569 | 89,430 |
Noninterest income: | ||||
Insurance and other financial services revenue | 5,279 | 5,025 | 11,433 | 10,798 |
Service charges on deposit accounts | 4,571 | 5,455 | 8,912 | 10,527 |
ATM and debit card fees | 3,063 | 2,928 | 6,025 | 5,596 |
Retirement plan administration fees | 2,411 | 2,268 | 4,744 | 4,439 |
Trust | 2,312 | 2,258 | 4,441 | 4,294 |
Bank owned life insurance income | 618 | 660 | 1,589 | 1,695 |
Net securities gains | 97 | 59 | 552 | 86 |
Other | 2,331 | 1,208 | 6,042 | 2,552 |
Total noninterest income | 20,682 | 19,861 | 43,738 | 39,987 |
Noninterest expense: | ||||
Salaries and employee benefits | 24,992 | 24,035 | 51,717 | 49,039 |
Occupancy | 4,222 | 3,987 | 8,713 | 8,509 |
Data processing and communications | 3,431 | 3,117 | 6,689 | 6,031 |
Professional fees and outside services | 2,388 | 2,088 | 5,113 | 4,154 |
Equipment | 2,409 | 2,180 | 4,789 | 4,370 |
Office supplies and postage | 1,574 | 1,342 | 3,245 | 2,887 |
FDIC expenses | 942 | 965 | 1,873 | 2,461 |
Advertising | 805 | 1,033 | 1,607 | 1,601 |
Amortization of intangible assets | 841 | 771 | 1,660 | 1,504 |
Loan collection and other real estate owned | 799 | 443 | 1,437 | 1,162 |
Merger | 826 | -- | 1,337 | -- |
Other operating | 4,161 | 3,196 | 7,684 | 6,500 |
Total noninterest expense | 47,390 | 43,157 | 95,864 | 88,218 |
Income before income taxes | 18,940 | 20,847 | 38,443 | 41,199 |
Income taxes | 5,683 | 6,192 | 11,536 | 12,237 |
Net income | $ 13,257 | $ 14,655 | $ 26,907 | $ 28,962 |
Earnings Per Share: | ||||
Basic | $ 0.40 | $ 0.43 | $ 0.81 | $ 0.85 |
Diluted | $ 0.40 | $ 0.43 | $ 0.80 | $ 0.84 |
NBT Bancorp Inc. and Subsidiaries | 2Q | 1Q | 4Q | 3Q | 2Q |
Quarterly Consolidated Statements of Income (unaudited) | 2012 | 2012 | 2011 | 2011 | 2011 |
(in thousands, except per share data) | |||||
Interest, fee and dividend income: | |||||
Loans and leases | $ 50,509 | $ 50,208 | $ 51,393 | $ 50,991 | $ 51,126 |
Securities available for sale | 7,108 | 7,366 | 7,461 | 7,771 | 7,947 |
Securities held to maturity | 617 | 640 | 661 | 680 | 745 |
Other | 413 | 392 | 383 | 342 | 440 |
Total interest, fee and dividend income | 58,647 | 58,606 | 59,898 | 59,784 | 60,258 |
Interest expense: | |||||
Deposits | 4,834 | 5,143 | 5,330 | 5,352 | 6,051 |
Short-term borrowings | 48 | 41 | 39 | 56 | 52 |
Long-term debt | 3,580 | 3,581 | 3,621 | 3,621 | 3,591 |
Trust preferred debentures | 434 | 449 | 409 | 394 | 400 |
Total interest expense | 8,896 | 9,214 | 9,399 | 9,423 | 10,094 |
Net interest income | 49,751 | 49,392 | 50,499 | 50,361 | 50,164 |
Provision for loan and lease losses | 4,103 | 4,471 | 5,576 | 5,175 | 6,021 |
Net interest income after provision for loan and lease losses | 45,648 | 44,921 | 44,923 | 45,186 | 44,143 |
Noninterest income: | |||||
Insurance and other financial services revenue | 5,279 | 6,154 | 4,918 | 5,127 | 5,025 |
Service charges on deposit accounts | 4,571 | 4,341 | 5,405 | 5,532 | 5,455 |
ATM and debit card fees | 3,063 | 2,962 | 2,911 | 3,135 | 2,928 |
Retirement plan administration fees | 2,411 | 2,333 | 2,184 | 2,295 | 2,268 |
Trust | 2,312 | 2,129 | 2,480 | 2,090 | 2,258 |
Bank owned life insurance income | 618 | 971 | 716 | 674 | 660 |
Net securities gains | 97 | 455 | 52 | 12 | 59 |
Other | 2,331 | 3,711 | 1,464 | 1,329 | 1,208 |
Total noninterest income | 20,682 | 23,056 | 20,130 | 20,194 | 19,861 |
Noninterest expense: | |||||
Salaries and employee benefits | 24,992 | 26,725 | 25,105 | 25,068 | 24,035 |
Occupancy | 4,222 | 4,491 | 3,967 | 3,887 | 3,987 |
Data processing and communications | 3,431 | 3,258 | 3,186 | 3,054 | 3,117 |
Professional fees and outside services | 2,388 | 2,725 | 2,552 | 2,215 | 2,088 |
Equipment | 2,409 | 2,380 | 2,206 | 2,288 | 2,180 |
Office supplies and postage | 1,574 | 1,671 | 1,655 | 1,531 | 1,342 |
FDIC expenses | 942 | 931 | 886 | 920 | 965 |
Advertising | 805 | 802 | 1,174 | 685 | 1,033 |
Amortization of intangible assets | 841 | 819 | 760 | 782 | 771 |
Loan collection and other real estate owned | 799 | 638 | 793 | 676 | 443 |
Merger | 826 | 511 | 649 | 155 | -- |
Other operating | 4,161 | 3,523 | 4,479 | 3,785 | 3,196 |
Total noninterest expense | 47,390 | 48,474 | 47,412 | 45,046 | 43,157 |
Income before income taxes | 18,940 | 19,503 | 17,641 | 20,334 | 20,847 |
Income taxes | 5,683 | 5,853 | 3,919 | 5,117 | 6,192 |
Net income | $ 13,257 | $ 13,650 | $ 13,722 | $ 15,217 | $ 14,655 |
Earnings per share: | |||||
Basic | $ 0.40 | $ 0.41 | $ 0.42 | $ 0.46 | $ 0.43 |
Diluted | $ 0.40 | $ 0.41 | $ 0.41 | $ 0.45 | $ 0.43 |
Three Months ended June 30, | ||||||
2012 | 2011 | |||||
Average | Yield/ | Average | Yield/ | |||
(dollars in thousands) | Balance | Interest | Rates | Balance | Interest | Rates |
ASSETS | ||||||
Short-term interest bearing accounts | $102,192 | $84 | 0.33% | $128,799 | $111 | 0.35% |
Securities available for sale (1)(excluding unrealized gains or losses) | 1,208,384 | 7,605 | 2.53% | 1,098,964 | 8,512 | 3.11% |
Securities held to maturity (1) | 68,472 | 931 | 5.47% | 85,615 | 1,125 | 5.27% |
Investment in FRB and FHLB Banks | 27,886 | 328 | 4.73% | 27,071 | 329 | 4.87% |
Loans and leases (2) | 3,938,592 | 50,741 | 5.18% | 3,648,343 | 51,359 | 5.65% |
Total interest earning assets | $ 5,345,526 | $ 59,689 | 4.49% | $ 4,988,792 | $ 61,436 | 4.94% |
Other assets | 465,058 | 424,187 | ||||
Total assets | $ 5,810,584 | $ 5,412,979 | ||||
LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||
Money market deposit accounts | $1,115,812 | 539 | 0.19% | $1,091,001 | $ 1,009 | 0.37% |
NOW deposit accounts | 704,896 | 480 | 0.27% | 672,345 | 627 | 0.37% |
Savings deposits | 676,794 | 127 | 0.08% | 607,533 | 182 | 0.12% |
Time deposits | 973,051 | 3,688 | 1.52% | 919,590 | 4,233 | 1.85% |
Total interest bearing deposits | $ 3,470,553 | $ 4,834 | 0.56% | $ 3,290,469 | $ 6,051 | 0.74% |
Short-term borrowings | 171,545 | 48 | 0.11% | 135,618 | 52 | 0.15% |
Trust preferred debentures | 75,422 | 434 | 2.31% | 75,422 | 400 | 2.13% |
Long-term debt | 368,251 | 3,580 | 3.91% | 369,459 | 3,591 | 3.90% |
Total interest bearing liabilities | $ 4,085,771 | $ 8,896 | 0.88% | $ 3,870,968 | $ 10,094 | 1.05% |
Demand deposits | 1,111,804 | 932,066 | ||||
Other liabilities | 61,144 | 68,596 | ||||
Stockholders' equity | 551,865 | 541,349 | ||||
Total liabilities and stockholders' equity | $ 5,810,584 | $ 5,412,979 | ||||
Net interest income (FTE) | 50,793 | 51,342 | ||||
Interest rate spread | 3.61% | 3.89% | ||||
Net interest margin | 3.82% | 4.13% | ||||
Taxable equivalent adjustment | 1,042 | 1,178 | ||||
Net interest income | $ 49,751 | $ 50,164 | ||||
(1) Securities are shown at average amortized cost | ||||||
(2) For purposes of these computations, nonaccrual loans are included in the average loan balances outstanding |
Six Months ended June 30, | ||||||
2012 | 2011 | |||||
Average | Yield/ | Average | Yield/ | |||
(dollars in thousands) | Balance | Interest | Rates | Balance | Interest | Rates |
ASSETS | ||||||
Short-term interest bearing accounts | $91,159 | $120 | 0.26% | $135,019 | $180 | 0.27% |
Securities available for sale (1)(excluding unrealized gains or losses) | 1,210,575 | 15,460 | 2.57% | 1,098,506 | 17,013 | 3.12% |
Securities held to maturity (1) | 69,507 | 1,896 | 5.48% | 89,833 | 2,327 | 5.22% |
Investment in FRB and FHLB Banks | 27,453 | 685 | 5.02% | 27,158 | 754 | 5.60% |
Loans and leases (2) | 3,874,027 | 101,184 | 5.25% | 3,632,355 | 102,451 | 5.69% |
Total interest earning assets | $ 5,272,721 | $ 119,345 | 4.55% | $ 4,982,871 | $ 122,725 | 4.97% |
Other assets | 462,300 | 422,191 | ||||
Total assets | $ 5,735,021 | $ 5,405,062 | ||||
LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||
Money market deposit accounts | $1,102,579 | 1,151 | 0.21% | $1,088,456 | $ 2,125 | 0.39% |
NOW deposit accounts | 699,917 | 1,010 | 0.29% | 685,171 | 1,261 | 0.37% |
Savings deposits | 659,381 | 242 | 0.07% | 591,043 | 347 | 0.12% |
Time deposits | 964,701 | 7,574 | 1.58% | 925,528 | 8,605 | 1.87% |
Total interest bearing deposits | $ 3,426,578 | $ 9,977 | 0.59% | $ 3,290,198 | $ 12,338 | 0.76% |
Short-term borrowings | 167,176 | 89 | 0.11% | 144,447 | 110 | 0.15% |
Trust preferred debentures | 75,422 | 883 | 2.35% | 75,422 | 1,289 | 3.45% |
Long-term debt | 369,323 | 7,161 | 3.90% | 369,717 | 7,162 | 3.91% |
Total interest bearing liabilities | $ 4,038,499 | $ 18,110 | 0.90% | $ 3,879,784 | $ 20,899 | 1.09% |
Demand deposits | 1,087,180 | 918,483 | ||||
Other liabilities | 62,096 | 67,006 | ||||
Stockholders' equity | 547,246 | 539,789 | ||||
Total liabilities and stockholders' equity | $ 5,735,021 | $ 5,405,062 | ||||
Net interest income (FTE) | 101,235 | 101,826 | ||||
Interest rate spread | 3.65% | 3.88% | ||||
Net interest margin | 3.86% | 4.12% | ||||
Taxable equivalent adjustment | 2,092 | 2,410 | ||||
Net interest income | $ 99,143 | $ 99,416 | ||||
(1) Securities are shown at average amortized cost | ||||||
(2) For purposes of these computations, nonaccrual loans are included in the average loan balances outstanding |
NBT Bancorp Inc. and Subsidiaries | ||
Loans and Leases (Unaudited) | ||
June 30, | December 31, | |
(In thousands) | 2012 | 2011 |
Residential real estate mortgages | $630,791 | $581,511 |
Commercial | 691,055 | 611,298 |
Commercial real estate mortgages | 1,066,039 | 888,879 |
Real estate construction and development | 99,236 | 93,977 |
Agricultural and agricultural real estate mortgages | 107,337 | 108,423 |
Consumer | 993,586 | 946,470 |
Home equity | 573,170 | 569,645 |
Total loans and leases | $ 4,161,214 | $ 3,800,203 |
CONTACT:
607-337-6119
This link will take you from NBT Bank's website to a third-party location that
is not controlled by NBT Bank. Please note that this new site may have a different
policy on privacy, cookies, data collection and other user issues. NBT Bank does not
monitor content on third-party websites and does not endorse and is not responsible
for the content, guarantees, privacy policy, security, and products and services that
are offered or expressed on them.
Are you sure you want to continue?
It appears that the version of Internet Explorer you are using to view this site is no longer supported by our website. At NBT Bank we value your security and strive to deliver the highest quality online experience. To ensure the best and most secure performance we recommend upgrading to the latest version of Microsoft Edge, Mozilla Firefox or Google Chrome.
Please visit Microsoft.com, Google.com, or Mozilla.org to download the current version(s).
If you have any questions or need any assistance please contact Customer Service at 1-800-NBT-BANK.