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NBT Bancorp Inc. Announces Date Of First Quarter Conference Call

Retrieved on:

Monday, April 1, 2024

NORWICH, N.Y., April 01, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the first quarter 2024 on Monday, April 22, 2024, following the market close.

Key Points:

NORWICH, N.Y., April 01, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the first quarter 2024 on Monday, April 22, 2024, following the market close.
The Company will host a conference call at 10:00 a.m. (Eastern) Tuesday, April 23, 2024, to review these results.
NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.31 billion at December 31, 2023.
More information about NBT and its divisions is available online at: www.nbtbancorp.com , www.nbtbank.com , www.epicrps.com and www.nbtinsurance.com .

Navy's Submarine Industrial Base and BlueForge Alliance Partner with Nuts, Bolts & Thingamajigs

Retrieved on:

Monday, April 8, 2024

Automation, Organization, Partnership, School, FMA, Welding, SIB, Student, Robotics, Workforce, NBT, BFA, Navy, Management

ELGIN, Ill., April 8, 2024 /PRNewswire/ -- Nuts, Bolts & Thingamajigs®, the Fabricators and Manufacturers Association's charitable foundation, is proud to announce a three-year educational partnership with BlueForge Alliance, a non-profit integrator supporting the efforts of the U.S. Navy's Submarine Industrial Base. This partnership includes a national sponsorship of all NBT Summer Manufacturing Camps to inform and encourage young students of career opportunities specifically in the submarine industrial sector. These camps will assist in developing a skilled manufacturing workforce to support the BFA and SIB mission to build and maintain America's next generation of undersea platforms.

Key Points:

ELGIN, Ill., April 8, 2024 /PRNewswire/ -- Nuts, Bolts & Thingamajigs®, the Fabricators and Manufacturers Association's charitable foundation, is proud to announce a three-year educational partnership with BlueForge Alliance, a non-profit integrator supporting the efforts of the U.S. Navy's Submarine Industrial Base.
This partnership includes a national sponsorship of all NBT Summer Manufacturing Camps to inform and encourage young students of career opportunities specifically in the submarine industrial sector.
A key piece of the partnership between NBT and BFA involves the development of a new program for the foundation, Submarine Manufacturing Camps.
We are honored that the Navy's Submarine Industrial Base and BlueForge Alliance have entrusted us to continue our good work of building the manufacturing workforce for the future," said Ed Dernulc, NBT Foundation director.

Subway Cares Foundation Supports NBT Scholarships with $25,000 Grant

Retrieved on:

Thursday, February 8, 2024

Student, Growth, Education, FMA, Certification, NBT, Nursing

Subway Cares Foundation's mission is to provide youth with greater access to nutritious food, tuition assistance, and growth and leadership opportunities.

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Subway Cares Foundation's mission is to provide youth with greater access to nutritious food, tuition assistance, and growth and leadership opportunities.
"NBT is honored to partner with the Subway Cares Foundation," said Ed Dernulc, NBT Foundation Director.
Since its inception in 1990, NBT has awarded nearly $1.5 million in scholarships to a total of 749 students.
The support from Subway Cares will allow NBT to distribute a substantial 24% increase in funds over last year, ensuring that additional aspiring manufacturers will benefit from this initiative.

NBT Bancorp Inc. Announces Full Year Net Income and Declares Dividend

Retrieved on:

Tuesday, January 23, 2024

NBT Bank, NIM, FDIC, Retirement, NBT, Policy, Share repurchase, FTE, Commercial, Sale, Acquisition, Video game

NORWICH, N.Y., Jan. 23, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and twelve months ended December 31, 2023.

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NORWICH, N.Y., Jan. 23, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and twelve months ended December 31, 2023.
Consistent with historical trends and as seasonally expected, ending deposits declined from September 30, 2023 to December 31, 2023.
Net charge-offs for the portfolios in a planned run-off status represented the majority of total net charge-offs for the quarter and full year.
NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.31 billion at December 31, 2023.

NBT Bancorp Inc. Announces CEO Succession Plan

Retrieved on:

Monday, January 22, 2024

Clarkson University, NBT Bank, Burns, State university system, PwC, LLP, Accounting, NBT, Certified Public Accountant, St. Bonaventure University, Retail banking, Acquisition, Carlisle Companies, MetLife, Community Bank, N.A., Stagliano, Management

Watt was appointed President and Chief Executive Officer of NBT and NBT Bank, N.A.

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Watt was appointed President and Chief Executive Officer of NBT and NBT Bank, N.A.
“I am deeply grateful for the opportunity to lead NBT and to work with the team I truly believe is the best in community banking,” said Watt.
NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.83 billion at September 30, 2023.
More information about NBT and its divisions is available online at: www.nbtbancorp.com , www.nbtbank.com , www.epicrps.com and www.nbtinsurance.com .

National Bank of Coxsackie Announces Promotion of Brenda Bellinger to Branch Manager

Retrieved on:

Thursday, January 25, 2024

Banking, Professional Services, Finance, Multimedia, Management, National bank, NBT, Bank

The National Bank of Coxsackie announced today the promotion of Brenda Bellinger as Branch Manager for their Middleburgh location.

Key Points:

The National Bank of Coxsackie announced today the promotion of Brenda Bellinger as Branch Manager for their Middleburgh location.
View the full release here: https://www.businesswire.com/news/home/20240125176056/en/
With over 30 years of Banking experience, Ms. Bellinger has been with National Bank of Coxsackie for the 5 years, and has served as the Assistant Manager in the Middleburgh Branch for her entire tenure.
With eight branch locations ranging from Coxsackie to Glenmont, including their new commercial loan production and administrative office in Latham, the bank serves the greater Capital Region.
National Bank of Coxsackie is committed to providing customers with the same products and services as larger banks, while delivering them with a personal touch.

NBT Empowers 31 Students with Manufacturing Scholarships

Retrieved on:

Thursday, January 11, 2024

Student, FMA, NBT, University of Colorado, University, Book, University of Tennessee, Organization, Growth

ELGIN, Ill., Jan. 11, 2024 /PRNewswire/ -- Nuts, Bolts & Thingamajigs® (NBT), the Foundation of the Fabricators and Manufacturers Association (FMA), recently granted 31 scholarships totaling $46,500 to students enrolled in manufacturing certificate and degree programs. These awards help defray educational expenses such as tuition fees, books, and other school-related costs for the upcoming semester.

Key Points:

ELGIN, Ill., Jan. 11, 2024 /PRNewswire/ -- Nuts, Bolts & Thingamajigs® (NBT) , the Foundation of the Fabricators and Manufacturers Association (FMA), recently granted 31 scholarships totaling $46,500 to students enrolled in manufacturing certificate and degree programs.
These awards help defray educational expenses such as tuition fees, books, and other school-related costs for the upcoming semester.
It is very encouraging to see this growth in interest, and NBT is extremely proud to support these accomplished students in their pursuit of manufacturing careers," said Ed Dernulc, NBT Foundation Director.
"Our sincere belief is that this opportunity will help lay the groundwork for them to become valuable contributors to the ever-evolving metal fabrication industry."

NBT Bancorp Inc. Announces Date of Fourth Quarter Conference Call

Retrieved on:

Tuesday, January 2, 2024

NBT Bank, NBT

NORWICH, N.Y., Jan. 02, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the fourth quarter 2023 on Tuesday, January 23, 2024, following the market close.

Key Points:

NORWICH, N.Y., Jan. 02, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) will release details of its financial results for the fourth quarter 2023 on Tuesday, January 23, 2024, following the market close.
The Company will host a conference call at 8:30 a.m. (Eastern) Wednesday, January 24, 2024, to review these results.
NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.83 billion at September 30, 2023.
More information about NBT and its divisions is available online at: www.nbtbancorp.com , www.nbtbank.com , www.epicrps.com and www.nbtinsurance.com .

First Dollar Earns IRS Approval as Nonbank Trustee

Retrieved on:

Thursday, November 2, 2023

AUSTIN, Texas, Nov. 2, 2023 /PRNewswire/ -- First Dollar, flexible infrastructure for health spending benefits, announced today its approval by the Internal Revenue Service as a passive nonbank trustee for health savings accounts.

Key Points:

AUSTIN, Texas, Nov. 2, 2023 /PRNewswire/ -- First Dollar, flexible infrastructure for health spending benefits, announced today its approval by the Internal Revenue Service as a passive nonbank trustee for health savings accounts.
We're excited to serve our partners in our expanded capacity as a nonbank trustee.
"Our commitment to compliance and our earned trust has made this achievement possible," said Jason Bornhorst, CEO and co-founder at First Dollar.
"This approval from the IRS highlights that First Dollar has the maturity and experience to service the largest financial institutions and plan administrators in a win-win partnership."

NBT Bancorp Inc. Announces Third Quarter Results and Declares Dividend

Retrieved on:

Tuesday, October 24, 2023

The acquisition of Salisbury Bancorp, Inc. (“Salisbury”) by the merger of Salisbury with and into NBT (“Merger”) was completed on August 11, 2023.

Key Points:

The acquisition of Salisbury Bancorp, Inc. (“Salisbury”) by the merger of Salisbury with and into NBT (“Merger”) was completed on August 11, 2023.
Noninterest income, excluding net securities gains (losses), increased 10.2% from the prior quarter and was approximately 30% of total revenue.
Card services income increased $0.4 million from the prior quarter and decreased $0.2 million from the third quarter of 2022.
Insurance services were up $0.6 million from the prior quarter and were $0.5 million higher than the third quarter of 2022.