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NBT Bancorp Inc

 
Hoover's Profile: NBT Bancorp Inc.
(NASDAQ (GS):NBTB)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
NBT Bancorp Inc.
52 S. Broad St.
Norwich, NY 13815
NY Tel. 607-337-2265
Toll Free 800-628-2265
Fax 607-336-6545

Type: Public
On the web: http://www.nbtbancorp.com
Employees: 1,411
Employee growth: 12.6%

The customer is the star at NBT Bancorp, owner of NBT Bank and its Pennstar Bank division, which together operate about 120 branches in central and upstate New York and northeastern Pennsylvania. The banks offer such standard products and services as checking, savings, and money market accounts; CDs; and trust services. The company's lending activities are dominated by business and commercial real estate loans. NBT Bank subsidiaries offer financial and retirement planning, investment products, and automobile and equipment leasing. Its NBT Capital subsidiary provides venture funding to area businesses. The company acquired New York thrift CNB Bancorp in 2006.

Key numbers for fiscal year ending December, 2008:
Sales: $257.8M
One year growth: 14.7%
Net income: $58.4M
Income growth: 15.9%

Officers:
Chairman, NBT Bancorp and NBT Bank: Daryl R. Forsythe
President, CEO, and Director; President and CEO, NBT Bank: Martin A. Dietrich
SEVP, CFO, and Secretary, NBT Bancorp and NBT Bank: Michael J. Chewens

Competitors:
First Niagara Financial
HSBC USA
M&T Bank

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