Sbt Bancorp Inc [Ct] (SBTB) 21.1000 $SBTB
SBT Bancorp declares plans to raise capital of about USD16.1m
M2 - Tue Aug 25, 6:29AM CDT
SBT Bancorp Inc (OTCQX:SBTB) (CUSIP 78391C106) disclosed on Monday that it plans to raise capital of about USD16.1m total by the issue of subordinated debt and a public offering of common stock.
SBT Bancorp, Inc. Announces Capital Plans
Business Wire - Mon Aug 24, 2:13PM CDT
SBT Bancorp, Inc. (OTCQX: SBTB, CUSIP 78391C106) (the "Company"
, the parent holding company of The Simsbury Bank & Trust Company, Inc. (the "Bank", announced today that it plans to raise a total of approximately $16,125,000 in capital through the issuance of subordinated debt and the public offering of common stock. The net proceeds of the capital raise will be used to redeem the approximately $9,000,000 of Series C Senior Non-Cumulative Perpetual Preferred Stock that was issued to the United States Department of the Treasury as part of the Company's participation in the Small Business Lending Fund program, to support the growth of the Bank, including the Bank's expansion into the West Hartford, Connecticut market and the growth of the Bank's deposit and loan portfolio, and for other general corporate purposes. "The Board of Directors of SBT Bancorp is pleased with the Bank's growth and prospects for continued growth," said Martin J. Geitz, President and Chief Executive Officer. "We look forward to continuing to offer our current and future customers with the valuable advice and quality products and services to help them achieve their goals."
SBT Bancorp declares dividedn of USD0.14 per share for quarter
M2 - Fri Aug 21, 5:00AM CDT
The board of directors of SBT Bancorp Inc (OTCQX:SBTB) (CUSIP 78391C106) approved a quarterly common stock cash dividend of USD0.14 per share for the quarter, the company reported on Friday.
SBT Bancorp Announces Quarterly Dividend
Business Wire - Thu Aug 20, 3:42PM CDT
The Board of Directors of SBT Bancorp, Inc., (OTCQX: SBTB, CUSIP 78391C106), the holding company of Simsbury Bank, declared on August 19, 2015 a quarterly common stock cash dividend of $0.14 per share. The dividend will be payable on September 11, 2015 to shareholders of record on September 1, 2015.
SBT Bancorp, Inc. Reports Second Quarter 2015 Results
Business Wire - Tue Jul 28, 5:00AM CDT
SBT Bancorp, Inc., (OTCQX: SBTB), holding company for The Simsbury Bank & Trust Company, Inc., today announced net income of $350,000 or $0.36 basic and diluted earnings per share for the quarter ended June 30, 2015, compared to a net income of $115,000 or $0.10 basic and diluted earnings per share, an increase of $0.26 diluted earnings per share compared to the prior year quarter. The increase in net income is mainly due to a $227,000 increase in mortgage banking activities, an $118,000 increase in net interest and dividend income, and a $50,000 decrease in non-interest expense.
Simsbury Bank Announces West Hartford Branch Plans
Business Wire - Tue Jul 14, 7:00AM CDT
The Simsbury Bank & Trust Company, Inc., wholly owned subsidiary of SBT Bancorp, Inc. (OTCQX: SBTB, CUSIP 78391C106), has filed applications with the Connecticut Department of Banking and the Federal Deposit Insurance Corporation to open a full service branch at 1232 Farmington Avenue in West Hartford, Connecticut. If approved, this location will be Simsbury Bank's fifth full service branch. The Bank's other full service branches are located in Simsbury, Avon, Bloomfield and Granby, Connecticut. The Bank also has residential mortgage loan production offices in Warwick, Rhode Island and Mansfield, Massachusetts.
SBT Bancorp declares $0.14 dividend
Seeking Alpha - at Seeking Alpha - Thu May 21, 1:40PM CDT
SBT Bancorp, Inc. Reports First Quarter 2015 Results
Business Wire - Tue Apr 28, 4:00PM CDT
SBT Bancorp, Inc., (OTCQX: SBTB), holding company for The Simsbury Bank & Trust Company, today announced net income of $343,000 or $0.36 basic and diluted earnings per share for the quarter ended March 31, 2015, compared to a net income of $78,000 or $0.06 basic and diluted earnings per share, an increase of $0.30 diluted earnings per share compared to the prior year quarter. The increase in net income is mainly due to a $391,000 decrease in noninterest expense, a $177,000 increase in mortgage banking activities, partially offset by a decrease in other service charges and fees of $143,000.
Simsbury Bank Elects Peter Pabich to Its Board
Business Wire - Thu Apr 23, 2:48PM CDT
Simsbury Bank, a subsidiary of SBT Bancorp, Inc. (OTCQX: SBTB, CUSIP 78391C106), is very pleased to announce that Peter C. Pabich has been elected to the board of directors of Simsbury Bank.
SBT Bancorp, Inc. Reports Fourth Quarter 2014 Results
Business Wire - Fri Jan 30, 5:05AM CST
SBT Bancorp, Inc., (OTCQX: SBTB), holding company for The Simsbury Bank & Trust Company, today announced net income of $354,000 or $0.37 basic and diluted earnings per share for the quarter ended December 31, 2014 compared to a net income of $258,000 or $0.26 basic and diluted earnings per share, an increase of $0.11 or 42% basic and diluted earnings per share in the linked quarter. The increase in net income is mainly due to a $19,000 increase in noninterest income, a $25,000 reduction in the provision for loan losses and a $78,000 reduction in noninterest expenses. Net income increased $222,000 as compared to a net income of $132,000 during the quarter ended December 31, 2013 due primarily to a $304,000 decrease in noninterest expenses.
SBT Bancorp, Inc. to Trade on OTCQX Marketplace
Business Wire - Wed Jan 07, 7:05AM CST
SBT Bancorp, Inc. (OTCQX: SBTB), parent company of The Simsbury Bank & Trust Company, Inc., is pleased to announce that it has qualified to trade on OTCQX, the marketplace operated by OTC Markets Group for established, global and growth companies. SBT Bancorp begins trading on OTCQX effective January 7, 2015; its symbol will continue to be SBTB.
OTC Markets Group Welcomes SBT Bancorp to OTCQX®
PR Newswire - Wed Jan 07, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced SBT Bancorp, Inc. (OTCQX: SBTB), the holding company for Simsbury Bank in central Connecticut, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies.
SBT Bancorp, Inc. Reports Third Quarter 2014 Results
Business Wire - Thu Oct 30, 7:02AM CDT
SBT Bancorp, Inc., (OTCBB: SBTB), holding company for The Simsbury Bank & Trust Company, today announced net income of $258,000 or $0.26 basic and diluted earnings per share for the quarter ended September 30, 2014 compared to a net income of $115,000 or $0.10 basic and diluted earnings per share in the linked quarter. For the nine months ended September 30, 2014, net income amounted to $451,000 or $0.42 basic and diluted earnings per share. This compares to net income of $1,003,000 or $1.06 basic and $1.05 diluted earnings per share for the nine months ended September 30, 2013.
SBT Bancorp declares plans to raise capital of about USD16.1m
M2 - Tue Aug 25, 6:29AM CDT
SBT Bancorp Inc (OTCQX:SBTB) (CUSIP 78391C106) disclosed on Monday that it plans to raise capital of about USD16.1m total by the issue of subordinated debt and a public offering of common stock.
SBT Bancorp, Inc. Announces Capital Plans
Business Wire - Mon Aug 24, 2:13PM CDT
SBT Bancorp, Inc. (OTCQX: SBTB, CUSIP 78391C106) (the "Company"
, the parent holding company of The Simsbury Bank & Trust Company, Inc. (the "Bank", announced today that it plans to raise a total of approximately $16,125,000 in capital through the issuance of subordinated debt and the public offering of common stock. The net proceeds of the capital raise will be used to redeem the approximately $9,000,000 of Series C Senior Non-Cumulative Perpetual Preferred Stock that was issued to the United States Department of the Treasury as part of the Company's participation in the Small Business Lending Fund program, to support the growth of the Bank, including the Bank's expansion into the West Hartford, Connecticut market and the growth of the Bank's deposit and loan portfolio, and for other general corporate purposes. "The Board of Directors of SBT Bancorp is pleased with the Bank's growth and prospects for continued growth," said Martin J. Geitz, President and Chief Executive Officer. "We look forward to continuing to offer our current and future customers with the valuable advice and quality products and services to help them achieve their goals." SBT Bancorp declares dividedn of USD0.14 per share for quarter
M2 - Fri Aug 21, 5:00AM CDT
The board of directors of SBT Bancorp Inc (OTCQX:SBTB) (CUSIP 78391C106) approved a quarterly common stock cash dividend of USD0.14 per share for the quarter, the company reported on Friday.
SBT Bancorp Announces Quarterly Dividend
Business Wire - Thu Aug 20, 3:42PM CDT
The Board of Directors of SBT Bancorp, Inc., (OTCQX: SBTB, CUSIP 78391C106), the holding company of Simsbury Bank, declared on August 19, 2015 a quarterly common stock cash dividend of $0.14 per share. The dividend will be payable on September 11, 2015 to shareholders of record on September 1, 2015.
SBT Bancorp, Inc. Reports Second Quarter 2015 Results
Business Wire - Tue Jul 28, 5:00AM CDT
SBT Bancorp, Inc., (OTCQX: SBTB), holding company for The Simsbury Bank & Trust Company, Inc., today announced net income of $350,000 or $0.36 basic and diluted earnings per share for the quarter ended June 30, 2015, compared to a net income of $115,000 or $0.10 basic and diluted earnings per share, an increase of $0.26 diluted earnings per share compared to the prior year quarter. The increase in net income is mainly due to a $227,000 increase in mortgage banking activities, an $118,000 increase in net interest and dividend income, and a $50,000 decrease in non-interest expense.
Simsbury Bank Announces West Hartford Branch Plans
Business Wire - Tue Jul 14, 7:00AM CDT
The Simsbury Bank & Trust Company, Inc., wholly owned subsidiary of SBT Bancorp, Inc. (OTCQX: SBTB, CUSIP 78391C106), has filed applications with the Connecticut Department of Banking and the Federal Deposit Insurance Corporation to open a full service branch at 1232 Farmington Avenue in West Hartford, Connecticut. If approved, this location will be Simsbury Bank's fifth full service branch. The Bank's other full service branches are located in Simsbury, Avon, Bloomfield and Granby, Connecticut. The Bank also has residential mortgage loan production offices in Warwick, Rhode Island and Mansfield, Massachusetts.
SBT Bancorp declares $0.14 dividend
Seeking Alpha - at Seeking Alpha - Thu May 21, 1:40PM CDT
SBT Bancorp, Inc. Reports First Quarter 2015 Results
Business Wire - Tue Apr 28, 4:00PM CDT
SBT Bancorp, Inc., (OTCQX: SBTB), holding company for The Simsbury Bank & Trust Company, today announced net income of $343,000 or $0.36 basic and diluted earnings per share for the quarter ended March 31, 2015, compared to a net income of $78,000 or $0.06 basic and diluted earnings per share, an increase of $0.30 diluted earnings per share compared to the prior year quarter. The increase in net income is mainly due to a $391,000 decrease in noninterest expense, a $177,000 increase in mortgage banking activities, partially offset by a decrease in other service charges and fees of $143,000.
Simsbury Bank Elects Peter Pabich to Its Board
Business Wire - Thu Apr 23, 2:48PM CDT
Simsbury Bank, a subsidiary of SBT Bancorp, Inc. (OTCQX: SBTB, CUSIP 78391C106), is very pleased to announce that Peter C. Pabich has been elected to the board of directors of Simsbury Bank.
SBT Bancorp, Inc. Reports Fourth Quarter 2014 Results
Business Wire - Fri Jan 30, 5:05AM CST
SBT Bancorp, Inc., (OTCQX: SBTB), holding company for The Simsbury Bank & Trust Company, today announced net income of $354,000 or $0.37 basic and diluted earnings per share for the quarter ended December 31, 2014 compared to a net income of $258,000 or $0.26 basic and diluted earnings per share, an increase of $0.11 or 42% basic and diluted earnings per share in the linked quarter. The increase in net income is mainly due to a $19,000 increase in noninterest income, a $25,000 reduction in the provision for loan losses and a $78,000 reduction in noninterest expenses. Net income increased $222,000 as compared to a net income of $132,000 during the quarter ended December 31, 2013 due primarily to a $304,000 decrease in noninterest expenses.
SBT Bancorp, Inc. to Trade on OTCQX Marketplace
Business Wire - Wed Jan 07, 7:05AM CST
SBT Bancorp, Inc. (OTCQX: SBTB), parent company of The Simsbury Bank & Trust Company, Inc., is pleased to announce that it has qualified to trade on OTCQX, the marketplace operated by OTC Markets Group for established, global and growth companies. SBT Bancorp begins trading on OTCQX effective January 7, 2015; its symbol will continue to be SBTB.
OTC Markets Group Welcomes SBT Bancorp to OTCQX®
PR Newswire - Wed Jan 07, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced SBT Bancorp, Inc. (OTCQX: SBTB), the holding company for Simsbury Bank in central Connecticut, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies.
SBT Bancorp, Inc. Reports Third Quarter 2014 Results
Business Wire - Thu Oct 30, 7:02AM CDT
SBT Bancorp, Inc., (OTCBB: SBTB), holding company for The Simsbury Bank & Trust Company, today announced net income of $258,000 or $0.26 basic and diluted earnings per share for the quarter ended September 30, 2014 compared to a net income of $115,000 or $0.10 basic and diluted earnings per share in the linked quarter. For the nine months ended September 30, 2014, net income amounted to $451,000 or $0.42 basic and diluted earnings per share. This compares to net income of $1,003,000 or $1.06 basic and $1.05 diluted earnings per share for the nine months ended September 30, 2013.
