Nbt Bank Mortgage Rates, Fees & Info

Norwich, NY

LEI: 5493009BOQDC6PCFR785

Tax ID: 15-0395735

5 stars - out of 5 stars, based on 50 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Nbt Bank is a smaller bank specializing in Home Purchase loans. Nbt Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Portland, Syracuse, Utica, Albany, and Scranton among others. Nbt Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Nbt Bank is typically an average fee lendor.


Originations

2,498

Origination Dollar Volume (All Markets)

$704,360,000

Employee count

1,502 Show all (17) awards

Relative Rate

Nbt Bank's average 30 year fixed rate mortgage of loans were 2.98%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.17%.

Relative Fees

Nbt Bank's average total fees for a 30 year fixed rate mortgage are $3,872.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 10 $134,350,000 $13,435,000 $3,566 2.93%
Outside of Metro Areas 398 $71,750,000 $180,276 $4,016 2.96%
SYRACUSE, NY (FHA|USDA|VA) 378 $57,980,000 $153,386 $3,505 2.92%
UTICA-ROME, NY (FHA|USDA|VA) 283 $56,635,000 $200,124 $3,905 2.93%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 157 $50,085,000 $319,013 $4,282 2.96%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 236 $35,180,000 $149,068 $4,031 2.89%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 52 $30,020,000 $577,308 $3,686 3.16%
ITHACA, NY (FHA|USDA|VA) 10 $28,230,000 $2,823,000 $3,859 2.99%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 28 $23,480,000 $838,571 $4,716 2.77%
Cortland, NY (FHA|USDA|VA) 126 $16,840,000 $133,651 $3,373 2.89%
Oneonta, NY (FHA|USDA|VA) 102 $16,450,000 $161,275 $3,925 2.88%
BINGHAMTON, NY (FHA|USDA|VA) 119 $15,665,000 $131,639 $3,390 2.88%
GLENS FALLS, NY (FHA|USDA|VA) 58 $15,320,000 $264,138 $4,346 3.14%
Gloversville, NY (FHA|USDA|VA) 104 $15,130,000 $145,481 $3,944 2.97%
PITTSFIELD, MA (FHA|USDA|VA) 32 $14,390,000 $449,688 $3,375 3.09%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 31 $13,885,000 $447,903 $4,968 3.16%
Laconia, NH (FHA|USDA|VA) 5 $12,915,000 $2,583,000 $4,463 3.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 59 $11,645,000 $197,373 $4,451 2.84%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 9 $10,855,000 $1,206,111 $3,349 3.43%
Plattsburgh, NY (FHA|USDA|VA) 29 $7,745,000 $267,069 $3,933 3.03%
Ogdensburg-Massena, NY (FHA|USDA|VA) 58 $6,710,000 $115,690 $3,604 2.93%
Amsterdam, NY (FHA|USDA|VA) 57 $6,695,000 $117,456 $3,493 2.97%
Malone, NY (FHA|USDA|VA) 33 $6,635,000 $201,061 $4,082 3.02%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $6,615,000 $2,205,000 $7,807 3.32%
EAST STROUDSBURG, PA (FHA|USDA|VA) 31 $6,585,000 $212,419 $4,376 2.92%
Keene, NH (FHA|USDA|VA) 15 $6,225,000 $415,000 $4,016 2.87%
Rutland, VT (FHA|USDA|VA) 12 $5,500,000 $458,333 $4,663 3.00%
Concord, NH (FHA|USDA|VA) 10 $3,740,000 $374,000 $3,372 3.41%
Hudson, NY (FHA|USDA|VA) 3 $2,855,000 $951,667 $8,855 2.71%
Auburn, NY (FHA|USDA|VA) 17 $2,535,000 $149,118 $2,887 2.68%
Lebanon, NH-VT (FHA|USDA|VA) 5 $2,205,000 $441,000 $4,060 3.34%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $1,200,000 $600,000 $0 3.62%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 5 $1,155,000 $231,000 $4,431 2.77%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 2 $1,010,000 $505,000 $5,988 2.69%
READING, PA (FHA|USDA|VA) 1 $985,000 $985,000 $9,867 2.88%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $865,000 $865,000 $0 4.10%
ROCHESTER, NY (FHA|USDA|VA) 2 $790,000 $395,000 $3,485 2.69%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $605,000 $605,000 $3,603 2.38%
WORCESTER, MA-CT (FHA|USDA|VA) 2 $600,000 $300,000 $5,366 3.34%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $455,000 $455,000 $0 3.50%
KINGSTON, NY (FHA|USDA|VA) 2 $310,000 $155,000 $3,750 2.87%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $305,000 $305,000 $0 3.42%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $265,000 $265,000 $4,784 3.00%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $255,000 $255,000 $4,065 2.50%
Barre, VT (FHA|USDA|VA) 1 $225,000 $225,000 $0 4.00%
Bennington, VT (FHA|USDA|VA) 1 $175,000 $175,000 $6,643 3.25%
Sayre, PA (FHA|USDA|VA) 2 $160,000 $80,000 $1,888 3.75%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $105,000 $105,000 $0 2.99%
ELMIRA, NY (FHA|USDA|VA) 1 $45,000 $45,000 $3,536 3.38%

Nbt Bank's top markets include Portland, Syracuse, Utica, Albany, and Scranton among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,431 $694,485,000 $285,679 $3,803 2.95%
FHA 54 $7,550,000 $139,815 $5,598 2.94%
USDA 10 $1,620,000 $162,000 $4,951 2.95%
VA 3 $705,000 $235,000 $8,461 2.83%

For the 2021 period, Nbt Bank's most frequently originated loan type of loans were Conventional, with 2,431 originations. Their 2nd most popular type is FHA, with 54 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,063 $438,575,000 $412,582 $3,960 2.99%
Refi 568 $134,750,000 $237,236 $3,385 2.96%
Cash Out Refi 407 $81,465,000 $200,160 $4,015 2.75%
Other 246 $27,910,000 $113,455 $3,652 2.97%
Home Improvement 214 $21,660,000 $101,215 $3,719 3.03%

For the 2021, Nbt Bank's most frequently cited loan purpose of loans were Home Purchase, with 1,063 originations. The 2nd most popular reason of loans were Refi, with 568 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 906 $178,540,000 $197,064 $3,872 2.98%
Other 775 $212,335,000 $273,981 $3,906 2.98%
15 Year 342 $59,970,000 $175,351 $3,371 2.44%
20 Year 253 $41,955,000 $165,830 $3,655 3.32%
30+ year 117 $44,165,000 $377,479 $5,720 2.96%
10 Year 90 $153,510,000 $1,705,667 $3,019 3.12%
5 Year 15 $13,885,000 $925,667 $0 3.21%

For the 2021, Nbt Bank's most frequently cited loan length of loans were 30 Year, with 906 originations. The 2nd most popular length of loans were Other, with 775 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 689 $131,195,000 $190,414
$<1k 661 $124,615,000 $188,525
$2k-3k 206 $48,990,000 $237,816
$3k-4k 77 $26,055,000 $338,377
$5k+ 18 $6,240,000 $346,667

$3,872 of loans were Nbt Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 689 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 1,545 $261,875,000 $169,498
3-4% 489 $254,575,000 $520,603
<2.5% 421 $175,205,000 $416,164
4-5% 37 $12,065,000 $326,081
5-6% 3 $305,000 $101,667
6-7% 3 $335,000 $111,667

During 2021, Nbt Bank's average interest rate of loans were 2.98%, while their most frequently originated rate bucket of loans were 2.5-3%, with 1,545 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 897 $127,105,000 $141,700 $3,553 2.89%
$100,000 or less 812 $48,250,000 $59,421 $2,971 2.99%
$200k-400k 569 $154,515,000 $271,555 $4,474 2.95%
$400k-600k 112 $52,730,000 $470,804 $5,640 2.96%
$600k-1MM 59 $43,875,000 $743,644 $5,331 2.97%
$1MM+ 49 $277,885,000 $5,671,122 $8,262 3.16%

2021 saw Nbt Bank place emphasis on $100k-200k loans with 897 originations, totaling $127,105,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 509 $59,065,000 $116,041 $3,582 2.91%
$100k-150k 472 $82,460,000 $174,703 $4,035 2.86%
$50k or less 382 $33,820,000 $88,534 $3,288 2.94%
$75k-100k 381 $57,845,000 $151,824 $3,832 2.90%
$150k-250k 306 $74,600,000 $243,791 $4,327 2.87%
$250k+ 199 $76,475,000 $384,296 $4,767 2.87%

Nbt Bank lent most frequently to those with incomes in the $50k-75k range, with 509 originations. The second most popular income band? $100k-150k, with 472 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 582 $94,560,000 $162,474 $3,763 2.86%
30-36% 469 $80,285,000 $171,183 $3,833 2.89%
<20% 249 $40,855,000 $164,076 $3,713 2.88%
42% 122 $18,170,000 $148,934 $3,875 2.99%
40% 97 $18,285,000 $188,505 $4,139 2.87%
41% 97 $15,275,000 $157,474 $3,830 2.88%
37% 93 $16,595,000 $178,441 $3,712 2.90%
39% 80 $17,080,000 $213,500 $4,102 2.90%
36% 80 $13,670,000 $170,875 $3,827 2.92%
43% 78 $15,000,000 $192,308 $4,200 2.85%
38% 78 $12,190,000 $156,282 $3,926 2.96%
44% 76 $13,470,000 $177,237 $4,031 2.92%
45% 54 $8,850,000 $163,889 $3,987 2.87%
47% 42 $8,110,000 $193,095 $3,993 2.98%
46% 39 $6,115,000 $156,795 $4,042 2.78%
50-60% 31 $5,745,000 $185,323 $4,487 3.06%
48% 29 $6,455,000 $222,586 $4,370 2.87%
49% 27 $6,015,000 $222,778 $3,922 2.89%
>60% 9 $1,685,000 $187,222 $4,286 2.99%

Nbt Bank lent most frequently to those with DTI ratios of 20-30%, with 582 originations. The next most common DTI ratio? 30-36%, with 469 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
Not applicable 153 $300,055,000 $1,961,144 $0 3.69%
White 1,826 $292,530,000 $160,203 $3,844 2.91%
Not provided 451 $96,225,000 $213,359 $3,937 2.86%
Asian 27 $8,175,000 $302,778 $4,621 2.97%
Black 25 $3,455,000 $138,200 $3,767 2.85%
Asian Indian 6 $2,320,000 $386,667 $4,426 2.63%
Chinese 3 $575,000 $191,667 $3,698 3.04%
American Indian 3 $425,000 $141,667 $3,354 3.04%
Vietnamese 1 $315,000 $315,000 $4,854 2.88%
Korean 1 $145,000 $145,000 $3,981 2.25%
Other Pacific Islander 2 $140,000 $70,000 $3,582 2.94%

Approval Rates

Total approvals of all applications
75.13%

Nbt Bank has a below average approval rate.

Pick Rate

Approvals leading to origination
81.76%

Nbt Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 2,498 $704,360,000 $281,970

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
2,498 $704,360,000 $281,970

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 322 $54,960,000 $170,683 $3,156 2.96%
40-60% 382 $112,540,000 $294,607 $3,473 2.81%
60-80% 907 $372,285,000 $410,458 $4,093 2.99%
80-100% 653 $151,385,000 $231,830 $3,928 2.91%
Over 100% 3 $795,000 $265,000 $0 3.92%
Under 20% 231 $12,395,000 $53,658 $2,174 3.08%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
NBT BANCORP INC. Conventional home mortgage Closing on a mortgage 2 66.7%
NBT BANCORP INC. Conventional home mortgage Incorrect information on your report 1 33.3%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Nbt Bank, National Association 1 Taft Cornes Shopping Center Williston, VT 5495 Full Service B&M $52,529
Nbt Bank, National Association 114 Village Center Drive Lords Valley, PA 18428 Full Service B&M $42,840
Nbt Bank, National Association 1148 Erie Boulevard West Rome, NY 13440 Full Service B&M $76,235
Nbt Bank, National Association 117 State Hwy 320 Norwich, NY 13815 Full Service B&M $21,593
Nbt Bank, National Association 118 North Main Street Concord, NH 3301 Full Service B&M $1,165
Nbt Bank, National Association 1187 Mount Cobb Road Mount Cobb, PA 18436 Full Service B&M $33,179
Nbt Bank, National Association 12 Fremont Street Gloversville, NY 12078 Full Service B&M $89,235
Nbt Bank, National Association 120 Madison Street, Mony Tower Ii, 18th Floor Syracuse, NY 13202 Limited, Administrative $0
Nbt Bank, National Association 1230 O'neill Highway Dunmore, PA 18512 Full Service Retail $36,032
Nbt Bank, National Association 1256 Front Street Binghamton, NY 13901 Full Service B&M $77,798
Nbt Bank, National Association 126 North Salina Street Syracuse, NY 13202 Full Service B&M $84,098
Nbt Bank, National Association 13 Division Street Sidney, NY 13838 Full Service B&M $78,411
Nbt Bank, National Association 130 North Keyser Avenue Scranton, PA 18504 Full Service B&M $80,774
Nbt Bank, National Association 131 Oriskany Boulevard Whitesboro, NY 13492 Full Service B&M $77,173
Nbt Bank, National Association 210 West Street Keene, NH 3431 Full Service B&M $69,166
Nbt Bank, National Association 214 West Harford Street, Unit 1 Milford, PA 18337 Full Service B&M $66,950
Nbt Bank, National Association 221 Main Street Nashua, NH 3060 Full Service B&M $35,987
Nbt Bank, National Association 225 Guideboard Road Halfmoon, NY 12065 Full Service B&M $106,328
Nbt Bank, National Association 242 Quaker Road Queensbury, NY 12804 Full Service B&M $54,567
Nbt Bank, National Association 2483 Main Street Lake Placid, NY 12946 Full Service B&M $99,195
Nbt Bank, National Association 264 Main Street Massena, NY 13662 Full Service B&M $79,251
Nbt Bank, National Association 2670 Main Street Glastonbury, CT 6033 Full Service B&M $1,084
Nbt Bank, National Association 270 Genesee Street Utica, NY 13502 Full Service B&M $91,156
Nbt Bank, National Association 271 Main Street Schoharie, NY 12157 Full Service B&M $71,392
Nbt Bank, National Association 2743 Route 26 Cincinnatus, NY 13040 Full Service B&M $30,506
Nbt Bank, National Association 2800 Ford Street Extension Ogdensburg, NY 13669 Full Service B&M $30,369
Nbt Bank, National Association 29 Quaker Lake Road Friendsville, PA 18818 Full Service B&M $31,185
Nbt Bank, National Association 36 Public Avenue Montrose, PA 18801 Full Service B&M $68,107
Nbt Bank, National Association 3711 State Highway 30 Broadalbin, NY 12025 Full Service B&M $72,227
Nbt Bank, National Association 38-40 Utica Street Hamilton, NY 13346 Limited, Drive-thru $0
Nbt Bank, National Association 399 East Albany Street Herkimer, NY 13350 Full Service B&M $69,360
Nbt Bank, National Association 41 Canal Street Fort Plain, NY 13339 Full Service B&M $59,135
Nbt Bank, National Association 425 Columbia Turnpike Rensselaer, NY 12144 Full Service B&M $20,396
Nbt Bank, National Association 433 South Main Street West Hartford, CT 6110 Full Service B&M $5,804
Nbt Bank, National Association 433 State Street Schenectady, NY 12305 Full Service B&M $206,965
Nbt Bank, National Association 455 Market Street Kingston, PA 18704 Full Service B&M $39,628
Nbt Bank, National Association 482 Route 3 Plattsburgh, NY 12901 Full Service B&M $99,626
Nbt Bank, National Association 49 State Route 296 Windham, NY 12496 Full Service B&M $42,499
Nbt Bank, National Association 4957 Western Turnpike Duanesburg, NY 12056 Full Service B&M $90,000
Nbt Bank, National Association 5 New Karner Road Guilderland, NY 12084 Full Service B&M $37,806
Nbt Bank, National Association 62 Pioneer Street Cooperstown, NY 13326 Full Service B&M $51,856
Nbt Bank, National Association 65 Main Street Cortland, NY 13045 Full Service B&M $173,963
Nbt Bank, National Association 6554 State Highway 56 Potsdam, NY 13676 Full Service B&M $52,322
Nbt Bank, National Association 6563 Weighlock Drive De Witt, NY 13214 Full Service B&M $64,178
Nbt Bank, National Association 685 Scranton/Carbondale Hwy Eynon, PA 18403 Full Service B&M $41,676
Nbt Bank, National Association 691 East Main Street Cobleskill, NY 12043 Full Service B&M $97,320
Nbt Bank, National Association 6930 East Genesee Street Fayetteville, NY 13066 Full Service B&M $66,982
Nbt Bank, National Association 700 Main Street Great Barrington, MA 1230 Full Service B&M $48,744
Nbt Bank, National Association 700 North Main Street North Syracuse, NY 13212 Full Service B&M $43,743
Nbt Bank, National Association 703 Troy-Schenectady Road Latham, NY 12110 Full Service B&M $119,708
Nbt Bank, National Association 723 Main Street Margaretville, NY 12455 Full Service B&M $78,983
Nbt Bank, National Association 733 State Hwy 28 Oneonta, NY 13820 Full Service B&M $68,203
Nbt Bank, National Association 735 Utica St Deruyter, NY 13052 Full Service B&M $8,935
Nbt Bank, National Association 9 North Main Street Bainbridge, NY 13733 Full Service B&M $38,671
Nbt Bank, National Association 9556 Main Street Brewerton, NY 13029 Full Service B&M $22,296
Nbt Bank, National Association 99 Pa 940 Mount Pocono, PA 18344 Full Service B&M $24,603
Nbt Bank, National Association One Wall Street Oneonta, NY 13820 Full Service B&M $100,438
Nbt Bank, National Association Route 11 And Mountain View Plaza Great Bend, PA 18821 Full Service B&M $30,947
Nbt Bank, National Association Route 3 West Fulton, NY 13069 Full Service B&M $22,045
Nbt Bank, National Association Route 5 And Route 46 Oneida, NY 13421 Full Service B&M $71,856
Nbt Bank, National Association Route 5 And Stroud Street Canastota, NY 13032 Full Service B&M $59,809
Nbt Bank, National Association Routes 8 And 30 Speculator, NY 12164 Full Service B&M $47,385
Nbt Bank, National Association Rte 23 & 30 Grand Gorge, NY 12434 Full Service B&M $52,655
Nbt Bank, National Association 1 Kirkland Ave. Clinton, NY 13323 Full Service B&M $123,490
Nbt Bank, National Association 1 Madison Street Hamilton, NY 13346 Full Service B&M $131,075
Nbt Bank, National Association 14-18 East Main Street Marathon, NY 13803 Full Service B&M $47,546
Nbt Bank, National Association 140 Brooklyn Street Carbondale, PA 18407 Full Service B&M $82,072
Nbt Bank, National Association 142 North Comrie Avenue Johnstown, NY 12095 Full Service B&M $203,469
Nbt Bank, National Association 1456 Lake Ariel Hwy Lake Ariel, PA 18436 Full Service B&M $46,524
Nbt Bank, National Association 147 Maple Avenue Hobart, NY 13788 Full Service B&M $62,263
Nbt Bank, National Association 150 Bank Street Burlington, VT 5401 Full Service B&M $104,605
Nbt Bank, National Association 156 Robison Street Binghamton, NY 13904 Full Service B&M $116,093
Nbt Bank, National Association 1572 State Highway 26 South Otselic, NY 13155 Full Service B&M $17,496
Nbt Bank, National Association 16 Main Street Cherry Valley, NY 13320 Full Service B&M $39,028
Nbt Bank, National Association 16 West Main Street St. Johnsville, NY 13452 Full Service B&M $51,804
Nbt Bank, National Association 160 Main Street Oneida, NY 13421 Full Service B&M $75,785
Nbt Bank, National Association 161 State Route 104 Oswego, NY 13126 Full Service B&M $30,138
Nbt Bank, National Association 171 North Wilkes Barre Boulevard Wilkes Barre, PA 18702 Full Service B&M $55,905
Nbt Bank, National Association 182 Main Street Afton, NY 13730 Full Service B&M $61,617
Nbt Bank, National Association 185 Margaret Street Plattsburgh, NY 12901 Full Service B&M $37,023
Nbt Bank, National Association 194 Main Street Richfield Springs, NY 13439 Full Service B&M $78,009
Nbt Bank, National Association 1944 Saranac Avenue Lake Placid, NY 12946 Full Service B&M $96,847
Nbt Bank, National Association 199 Second Avenue Extension Gloversville, NY 12078 Full Service B&M $128,355
Nbt Bank, National Association 2 Commons Drive Cooperstown, NY 13326 Full Service B&M $41,888
Nbt Bank, National Association 2 Commonwealth Avenue Essex Junction, VT 5452 Full Service B&M $39,401
Nbt Bank, National Association 2 North Main Street Newark Valley, NY 13811 Full Service B&M $44,948
Nbt Bank, National Association 2 South Main Street Earlville, NY 13332 Full Service B&M $29,333
Nbt Bank, National Association 2 South Main Street New Berlin, NY 13411 Full Service B&M $47,895
Nbt Bank, National Association 20 Mohawk Street Canajoharie, NY 13317 Full Service B&M $77,013
Nbt Bank, National Association 207 State Route 435 Elmhurst Township, PA 18444 Full Service B&M $49,796
Nbt Bank, National Association 209 Lake Flower Avenue Saranac Lake, NY 12983 Full Service B&M $111,066
Nbt Bank, National Association 295 Broadway Saratoga Springs, NY 12866 Full Service B&M $124,670
Nbt Bank, National Association 2950 Us Highway 11 Whitney Point, NY 13862 Full Service B&M $66,528
Nbt Bank, National Association 3 Kennedy Drive Archbald, PA 18403 Full Service B&M $71,139
Nbt Bank, National Association 30 North Main Street Sherburne, NY 13460 Full Service B&M $84,125
Nbt Bank, National Association 30 West Utica Street Oswego, NY 13126 Full Service B&M $75,954
Nbt Bank, National Association 305 Main Street Suite 2 Middleburg, NY 12122 Full Service B&M $66,318
Nbt Bank, National Association 312 Bridge Street Northville, NY 12134 Full Service B&M $104,922
Nbt Bank, National Association 3121 Vestal Parkway East Vestal, NY 13851 Full Service B&M $183,523
Nbt Bank, National Association 318 East Grove Street Clarks Green, PA 18411 Full Service B&M $83,623
Nbt Bank, National Association 331 Main Street Johnson City, NY 13790 Full Service B&M $24,090
Nbt Bank, National Association 331 State Road North Adams, MA 1247 Full Service B&M $18,066
Nbt Bank, National Association 3392 State Route 11 Malone, NY 12953 Full Service B&M $39,993
Nbt Bank, National Association 34 West Main Street Fonda, NY 12068 Full Service B&M $80,865
Nbt Bank, National Association 5 Park Place Canton, NY 13617 Full Service B&M $52,379
Nbt Bank, National Association 5 Widgery Wharf, 3rd Floor Portland, ME 4101 Full Service B&M $36,295
Nbt Bank, National Association 5009 Windsor Dr Bartonsville, PA 18321 Full Service B&M $37,597
Nbt Bank, National Association 52 South Broad Street Norwich, NY 13815 Full Service B&M $784,565
Nbt Bank, National Association 5390 West Genesee Street Camillus, NY 13031 Full Service B&M $65,133
Nbt Bank, National Association 54 North Street, Suite 101 Pittsfield, MA 1201 Full Service B&M $16,941
Nbt Bank, National Association 54 State Street Albany, NY 12207 Full Service B&M $88,204
Nbt Bank, National Association 5582 State Hwy 7, Eastside Town Of Oneonta, NY 13820 Full Service B&M $39,127
Nbt Bank, National Association 5632 State Hwy 12 Norwich, NY 13815 Full Service B&M $9,015
Nbt Bank, National Association 575 Easton Turnpike Hamlin, PA 18427 Full Service B&M $83,180
Nbt Bank, National Association 5789 Route 80 Tully, NY 13159 Full Service B&M $96,697
Nbt Bank, National Association 5910 Pa-92 Kingsley, PA 18826 Full Service B&M $49,333
Nbt Bank, National Association 609 Merrill Road Pittsfield, MA 1201 Full Service B&M $30,288
Nbt Bank, National Association 736 Main Street Dickson City, PA 18519 Full Service B&M $54,266
Nbt Bank, National Association 7577-79 Jefferson Street Pulaski, NY 13142 Full Service B&M $58,963
Nbt Bank, National Association 76 Park Street Lee, MA 1238 Full Service B&M $43,266
Nbt Bank, National Association 80 Canal Street Manchester, NH 3101 Full Service B&M $101,262
Nbt Bank, National Association 80 South Chenango Street Greene, NY 13778 Full Service B&M $62,085
Nbt Bank, National Association 80 Wolf Road Albany, NY 12205 Full Service B&M $108,342
Nbt Bank, National Association 801 South Main Street Taylor, PA 18517 Full Service B&M $31,268
Nbt Bank, National Association 8260 Willett Parkway Baldwinsville, NY 13027 Full Service B&M $70,866
Nbt Bank, National Association 8270 Cazenovia Road Rte 92 Manlius, NY 13104 Full Service B&M $53,621
Nbt Bank, National Association 841 Main Street New Milford, PA 18834 Full Service B&M $50,947
Nbt Bank, National Association 853 Black River Boulevard Rome, NY 13440 Full Service B&M $100,498
Nbt Bank, National Association 8549 Seneca Turnpike New Hartford, NY 13413 Full Service B&M $176,813
Nbt Bank, National Association 86 Glen Street Glens Falls, NY 12801 Full Service B&M $45,952
Nbt Bank, National Association 1 West Street Edmeston, NY 13335 Full Service B&M $68,904
Nbt Bank, National Association 10 North Canal Street Oxford, NY 13830 Full Service B&M $56,166
Nbt Bank, National Association 1001 James Street Syracuse, NY 13203 Full Service B&M $76,547
Nbt Bank, National Association 1008 Main Street Newfoundland, PA 18445 Full Service B&M $34,836
Nbt Bank, National Association 105 Main Street Suite 1 Sharon Springs, NY 13459 Full Service B&M $37,103
Nbt Bank, National Association 106 Hannford Plaza Amsterdam, NY 12010 Full Service B&M $113,624
Nbt Bank, National Association 1079 Pennsylvania 390 Mountainhome, PA 18342 Full Service B&M $45,947
Nbt Bank, National Association 108 Second Street Deposit, NY 13754 Full Service B&M $52,591
Nbt Bank, National Association 1091 Groton Avenue Extension Cortland, NY 13045 Full Service B&M $77,624
Nbt Bank, National Association 11 East Main Street Hancock, NY 13783 Full Service B&M $54,829
Nbt Bank, National Association 110 Main Street South Glens Falls, NY 12803 Full Service B&M $28,015
Nbt Bank, National Association 1310 North Street Endicott, NY 13760 Full Service B&M $55,096

For 2021, Nbt Bank had 142 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $339,875
Net interest income $328,615
Total noninterest income $108,829
Gross Fiduciary activities income $21,311
Service charges on deposit accounts $15,195
Trading account gains and fees $0
Additional Noninterest Income $72,323
Pre-tax net operating income $193,945
Securities gains (or losses, -) $23
Income before extraordinary items $149,933
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $149,933
Minority interest net income $0
Net income $149,933
Sale, conversion, retirement of capital stock, net $0
Net operating income $149,914

Nbt Bank's gross interest income from loans was $339,875,000.
Nbt Bank's net interest income from loans was $328,615,000.
Nbt Bank's fee based income from loans was $15,195,000.
Nbt Bank's net income from loans was $149,933,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $11,260
Provision for credit losses $-8,257
Total noninterest expense $251,756
Salaries and employee benefits $137,226
Premises and equipment expense $40,150
Additional noninterest expense $74,380
Applicable income taxes $44,035
Net charge-offs $9,743
Cash dividends $112,900

Nbt Bank's interest expense for loans was $11,260,000.
Nbt Bank's payroll and benefits expense were $137,226,000.
Nbt Bank's property, plant and equipment expenses $40,150,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $10,337,565
Deposits held in domestic offices $10,337,565
Deposits by Individuals, partnerships, and corporations $8,967,133
Deposits by U.S. Government $1
Deposits by States and political subdivisions in the U.S. $1,370,367
Deposits by Commercial banks and other depository institutions in U.S. $64
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $1,019,066
Demand deposits $799,619
Nontransaction accounts $9,318,499
Money market deposit accounts (MMDAs) $7,059,777
Other savings deposits (excluding MMDAs) $1,757,249
Total time deposits $501,474
Total time and savings deposits $9,537,946
Noninterest-bearing deposits $799,619
Interest-bearing deposits $9,537,946
Retail deposits $10,165,208
IRAs and Keogh plan accounts $116,964
Brokered deposits $100,015
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $11,919,970
Cash & Balances due from depository institutions $1,266,284
Interest-bearing balances $1,108,790
Total securities $2,426,499
Federal funds sold & reverse repurchase $0
Net loans and leases $7,407,289
Loan and leases loss allowance $92,000
Trading account assets $0
Bank premises and fixed assets $66,514
Other real estate owned $167
Goodwill and other intangibles $254,930
All other assets $498,287

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $11,919,970
Total Liabilities $10,603,837
Total deposits $10,337,565
Interest-bearing deposits $9,537,946
Deposits held in domestic offices $10,337,565
% insured (estimated) $60
Federal funds purchased and repurchase agreements $97,795
Trading liabilities $0
Other borrowed funds $13,995
Subordinated debt $0
All other liabilities $154,482

Issued Loan Types

Type Value (in 000's)
Net loans and leases $7,407,289
Loan and leases loss allowance $92,000
Total loans and leases (domestic) $7,499,289
All real estate loans $4,601,480
Real estate loans in domestic offices $4,601,480
Construction and development loans $200,543
Residential 1-4 family construction $40,565
Other construction, all land development and other land $159,978
Loans secured by nonfarm nonresidential properties $1,651,801
Nonfarm nonresidential secured by owner-occupied properties $552,026
Commercial real estate & other non-farm, non-residential $1,099,775
Multifamily residential real estate $690,278
1-4 family residential loans $1,995,928
Farmland loans $62,930
Loans held in foreign offices $0
Farm loans $47,750
Commercial and industrial loans $1,167,078
To non-U.S. addressees $0
Loans to individuals $1,665,917
Credit card loans $0
Related Plans $19,375
Consumer Auto Loans $826,508
Other loans to individuals $820,034
All other loans & leases $17,065
Loans to foreign governments and official institutions $0
Other loans $7,660
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $7,681
Loans secured by real estate to non-U.S. addressees $624
Restructured Loans & leases $12,575
Non 1-4 family restructured loans & leases $1,724
Total loans and leases (foreign) $0

NBT Bank had $7,407,289,000 of loans outstanding in 2021. $4,601,480,000 of loans were in real estate loans. $200,543,000 of loans were in development loans. $690,278,000 of loans were in multifamily mortgage loans. $1,995,928,000 of loans were in 1-4 family mortgage loans. $47,750,000 of loans were in farm loans. $0 of loans were in credit card loans. $826,508,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 1,482 $305,796 $206,340
Nonfarm, nonresidential loans - <$100k 224 $8,607 $38,424
Nonfarm, nonresidential loans - $100-250k 557 $60,951 $109,427
Nonfarm, nonresidential loans - $250k-1MM 701 $236,238 $337,001
Commercial & Industrial, US addressed loans - <$1MM 5,182 $363,694 $70,184
Commercial & Industrial, US addressed loans - <$100k 3,764 $76,627 $20,358
Commercial & Industrial, US addressed loans - $100-250k 679 $64,845 $95,501
Commercial & Industrial, US addressed loans - $250k-1MM 739 $222,222 $300,706
Farmland loans - <$1MM 172 $14,757 $85,797
Farmland loans - <$100k 40 $1,160 $29,000
Farmland loans - $100-250k 88 $7,178 $81,568
Farmland loans - $250k-1MM 44 $6,419 $145,886
Agriculture operations loans - <$1MM 444 $17,746 $39,968
Agriculture operations loans - <$100k 313 $6,367 $20,342
Agriculture operations loans - $100-250k 88 $6,205 $70,511
Agriculture operations loans - $250k-1MM 43 $5,174 $120,326