NBT Bank, National Association

52 South Broad Street
Norwich, NY 13815

Notable Rates APY Vs.Others
Savings N.A. 1.90% →
1-Year CD N.A. 1.90% →
2-Year CD N.A. 1.95% →
5-Year CD N.A. 2.00% →
30-Year Mortgage 3.57% 3.14% →
15-Year Mortgage 3.24% 2.59% →
HELOC N.A. 2.50% →

2020 Overview

General Bank Information

NBT Bank, National Association is an FDIC insured institution located in Norwich, NY. It was founded in 1856 and has approximately $9.64 billion in assets. Customers can open an account at one of its 159 branches.

FDIC Insured Yes
FDIC Certificate # 7230
Date Established 1856
Assets $ 9.64 billion
Loans $ 7.07 billion
Deposits $ 7.65 billion
Capital $ 1,141.90 million
 

For a more detailed analysis of NBT Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - April 9, 2020

Your Current Location: Virginia, VA 20146

There are currently no rates available for Nbt Bank, National Association, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates - April 9, 2020

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

NBT Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


NBT Bank, National Association Locations


Financial Details

NBT Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of NBT Bank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
NBT Bank, National Association U.S. Bank Average
2.5% 6.51%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2019, NBT Bank, National Association had $28,891,000 in non-current loans and $1,458,000 in owned real estate. To cover these potential losses it had $1,141,901,000 in equity and $72,965,000 in loans loss reserves. That gives it a Texas Ratio of 2.5%.

Return on Equity
NBT Bank, National Association U.S. Bank Average
10.56% 9.41%

NBT Bank, National Association has a Return on Equity of 10.56% versus the BestCashCow average of 9.41%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
NBT Bank, National Association U.S. Bank Average
11.84% 12.82%

NBT Bank, National Association has a Capitalization of 11.84% versus the BestCashCow average of 12.82. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

NBT Bank, National Association Balance Sheet Analysis

As of December 31, 2019, NBT Bank, National Association had assets of $9,642,935,000, loans of $7,074,864,000, and deposits of $7,645,365,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 214.63 million
Interest-bearing balances $ 44.41 million
Total securities $ 1,610.74 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 7.07 billion
Loan loss allowance $ 72.97 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.46 million
Goodwill and other intangibles $ 256.36 million
All other assets $ 417.75 million
     Total Assets $ 8.50 billion
LIABILITIES
Total deposits $ 7.65 billion
      Interest-bearing deposits $ 7.33 billion
      Deposits held in domestic offices $ 7.65 billion
      % insured (estimated) 49.44%
Federal funds purchased and repurchase agreements $ 208.78 million
Trading liabilities N.A.
Other borrowed funds $ 510.69 million
Subordinated debt N.A.
All other liabilities $ 136.20 million
      Total Liabilities $ 8.50 billion
      Shareholders’ Equity $ 1,141.90 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 367.52 million
Total Interest Expense $ 51.56 million
Net interest income $ 315.97 million
Provision for loan and lease losses $ 25.41 million
Total non interest income $ 100.29 million
Total non interest expense $ 244.88 million
Pre-tax Net Operating Income $ 145.97 million

Bank Loan Profile?

The top three loan types in NBT Bank, National Association’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Consumer Auto Loans.

Compared to other banks in New York, NBT Bank, National Association has a significantly higher percent of Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 28.23
Multifamily
Mortgages
7.95
Credit Card Loans 0.00
Consumer Auto Loans 16.46
Small Business Loans 4.74
Construction and Development Loans 2.11
Commercial Real Estate 21.92
Commercial and Industrial Loans 13.43
Farm Loans 0.74

Frequently Asked Questions About Nbt Bank, National Association

Branches and Savings

Is Nbt Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #7230.

Why does Nbt Bank, National Association pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Nbt Bank, National Association CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Nbt Bank, National Association a commercial bank?

Yes

Where are Nbt Bank, National Association locations?

See branch locations nearby.

Is Nbt Bank, National Association open on Saturdays?

Is Nbt Bank, National Association open on Sundays?

What time does Nbt Bank, National Association open?

What time does Nbt Bank, National Association close?

Are Nbt Bank, National Association ATMs Open 24/7?

Do Nbt Bank, National Association ATMs accept cash deposits?

Can Nbt Bank, National Association customers use other ATMs?

Do Nbt Bank, National Association branches have notaries?

Will Nbt Bank, National Association notarize my document?

What address for Nbt Bank, National Association should I put for incoming ACH transfers?

Will the Nbt Bank, National Association branch print checks?

Do Nbt Bank, National Association checks expire?

Does Nbt Bank, National Association require US citizenship to open account?

Can Nbt Bank, National Association close my account?

Does Nbt Bank, National Association Report to credit bureaus?

Does Nbt Bank, National Association Use Equifax?

What is Nbt Bank, National Association's ACH Routing Number?

What is Nbt Bank, National Association's SWIFT code?

Products

Does Nbt Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Nbt Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Nbt Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Nbt Bank, National Association offer student loans?

Will Nbt Bank, National Association cash a check?

Will Nbt Bank, National Association redeem a savings bond?

Does Nbt Bank, National Association cash savings bonds?

Will Nbt Bank, National Association cash money orders?

Can Nbt Bank, National Association issue a money order?

Does Nbt Bank, National Association do currency exchange?

Background on The Bank

Who owns Nbt Bank, National Association?

How long has Nbt Bank, National Association been around?

Can Nbt Bank, National Association transfer to other banks?

Does Nbt Bank, National Association have quick pay?

Does Nbt Bank, National Association accept rolled coins?

Will Nbt Bank, National Association accept loose change?

Where is Nbt Bank, National Association headquarters?

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