| Business Summary | | NBT
Bancorp
Inc.
is
a
financial
holding
company.
The
Company
is
the
parent
holding
company
of
NBT
Bank,
N.A.,
Pennstar
Bank,
N.A.
and
NBT
Financial
Services,
Inc.
The
Company's
primary
business
consists
of
providing
commercial
banking
and
financial
services
to
customers
in
its
market
area
through
its
three
direct
operating
subsidiaries.
The
Company
attracts
deposits
from
customers
within
its
market
area
and
invests
these
funds
primarily
in
loans,
and,
to
a
lesser
extent,
in
marketable
securities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NBT
Bancorp
Inc.
is
a
bank
holding
company
for
NBT
Bank,
N.A,
a
full
service
commerical
bank
providing
a
broad
range
of
financial
products.
For
the
six
months
ended
6/30/01,
interest
income
rose
4%
to
$95.8
million.
Net
interest
income
after
loan
loss
provision
fell
1%
to
$42.5
million.
Net
income
rose
32%
to
$12.3
million.
Net
interest
income
reflects
loan
growth,
offset
by
higher
loan
loss
provisions.
Earnings
reflect
the
absence
of
$4
million
in
merger/acquisition
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Daryl Forsythe, 57 Pres,
CEO | $813K | $284K | Michael Chewens, 38 Exec.
VP, CFO, Treasurer | 291K | 63K | Martin Dietrich, 45 Pres
and COO of NBT Bank | 354K | -- | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|