NBT Bank, National Association

NBT Bank, National Association is headquartered in Norwich and is the 15^st largest bank in the state of New York. It is also the 156^th largest bank in the nation. It was established in 1856 and as of March of 2012, it had grown to 1,060 employees at 133 locations. NBT Bank, National Association has a 5-star health rating.

Data for Q1 2012

Institution Statistics NBT Bank, National Association FDIC Certificate # 7230 BankRate Report View Year Established 1856 Employees 1060 Primary Regulator OCC Assets and Liabilities Assets $5.75 billion Loans $3.75 billion Deposits $4.59 billion Equity Capital $585.19 million Loan Loss Allowance $71.33 million Unbacked Noncurrent Loans $42.94 million Real Estate Owned $1.95 million Historic Data - March 2011 Assets $5.44 billion Equity Capital $569.96 million Loan Loss Allowance $69.93 million Unbacked Noncurrent Loans $46.12 million Real Estate Owned $630,000 Profit Margin - Quarterly Net Interest Margin 3.87% Return on Assets 0.83% Return on Equity 8.06% Interest Income $58.49 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 NBT Bank, National Association had $44.89 million in non-current loans and owned real-estate with $656.52 million in equity and loan loss allowances on hand to cover it. This gives NBT Bank, National Association a Texas Ratio of 6.84% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for NBT Bank, National Association held steady from 7.24% as of March 31, 2011 to 6.84% as of March 31, 2012, resulting in a positive change of 5.60%.This indicates that the balance sheet and financial strength for NBT Bank, National Association has held steady in recent periods. Deposit Growth In the past year, NBT Bank, National Association has increased its total deposits by $310.34 million, resulting in 7.26% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth NBT Bank, National Association has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. NBT Bank, National Association has $5.75 billion in assets with $656.52 million in equity, resulting in a capitalization level of 11.42%, which is above average.

No reviews have been left for this bank yet. Be the first to review.