NBT Bancorp Inc. Q2 2021 Earnings Presentation Forward-Looking Statements This presentation contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of phrases such as "anticipate," "believe," "expect," "forecasts," "projects," "will," "can," "would," "should," "could," "may," or other similar terms. There are a number of factors, many of which are beyond the Company's control that could cause actual results to dif ...

NBT Bancorp Inc. (NASDAQ:NBTB) Q2 2021 Earnings Conference Call July 27, 2021 8:30 AM ET Company Participants John Watt - President and Chief Executive Officer Scott Kingsley - Chief Financial Officer Annette Burns - Chief Accounting Officer Joe Ondesko - Treasurer Conference Call Participants Alex Twerdahl - Piper Sandler Matthew Breese - Stephens Inc. Erik Zwick - Boenning & Scattergood Operator Good day, everyone. Welcome to the NBT Bancorp Second Quarter 2021 Financial Results Conference Call. This call ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________. COMMISSION FILE NUMBER 0-14703 NBT BANCORP INC. (Exact Name of Registrant as Specified in its Charter) Delaware 16-1268674 (State of I ...

NBT Bancorp Inc. Q1 2021 Earnings Presentation Forward-Looking Statements This presentation contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of phrases such as "anticipate," "believe," "expect," "forecasts," "projects," "will," "can," "would," "should," "could," "may," or other similar terms. There are a number of factors, many of which are beyond the Company's control that could cause actual results to dif ...

NBT Bancorp Inc. (NASDAQ:NBTB) Q1 2021 Earnings Conference Call April 27, 2021 8:30 AM ET Company Participants John Watt - President and CEO John Moran - Chief Financial Officer Annette Burns - Chief Accounting Officer Amy Wiles - Chief Credit and Risk Officer Conference Call Participants Alex Twerdahl - Piper Sandler Erik Zwick - Boenning & Scattergood Matthew Breese - Stephens Operator Good day, everyone. Welcome to the NBT Bancorp First Quarter 2021 Financial Results Conference Call. This call is being r ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (MARK ONE) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ________ TO ________. COMMISSION FILE NUMBER: 0-14703 NBT BANCORP INC. (Exact name of registrant as specified in its charter) Delaware 16-1268674 (State or other jur ...

NBT Bancorp Inc. Q4 2020 Earnings Presentation Forward-Looking Statements This presentation contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of phrases such as "anticipate," "believe," "expect," "forecasts," "projects," "will," "can," "would," "should," "could," "may," or other similar terms. There are a number of factors, many of which are beyond the Company's control that could cause actual results to dif ...

NBT Bancorp, Inc. (NASDAQ:NBTB) Q4 2020 Earnings Conference Call January 28, 2020 8:30 AM ET Company Participants John Watt - President, CEO & Director John Moran - EVP & CFO Amy Wiles - EVP and Chief Credit & Risk Officer Conference Call Participants Alex Twerdahl - Piper Sandler & Co. Matthew Breese - Stephens Inc. Operator Good day, everyone. Welcome to the NBT Bancorp Fourth Quarter 2020 Financial Results Conference Call. This call is being recorded and has been made accessible to the public in accordan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________. COMMISSION FILE NUMBER 0-14703 NBT BANCORP INC. (Exact Name of Registrant as Specified in its Charter) Delaware 16-1268674 (State ...

Financial Data and Key Metrics Changes - NBT achieved earnings of $0.80 per share, supported by lower provisions, focused expense control, and strong fee-based income [9][12] - The provision for loan losses was down to $3.3 million, significantly lower than the previous quarter and the same quarter last year [12][28] - Pre-provision net revenue (PPNR) was nearly $50 million, down about $1 million from the previous quarter but higher compared to the year-ago period [14] - Tangible book value per share increased approximately 3%, and the Common Equity Tier 1 (CET1) ratio improved by about 30 basis points compared to the second quarter [14] Business Line Data and Key Metrics Changes - Core loans, excluding PPP loans, decreased by about 1% for the quarter, with commercial activity resetting lower compared to previous robust levels [15] - New England commercial loans increased approximately 35% year-over-year, driven by strong commercial real estate activity [16] - Deposits rose over $140 million for the quarter, with core deposits up an even stronger $190 million [17] - Non-interest income increased by $2.8 million from the previous quarter, up just over 5% from last year, with retail banking fees rebounding from depressed levels [23] Market Data and Key Metrics Changes - Customer cash remains elevated due to increased liquidity from government support programs, leading to stickier deposits than expected [17] - The cost of total deposits was low at 19 basis points, reflecting effective management of funding costs [18] Company Strategy and Development Direction - The company is focused on long-term growth, expanding in New England, and acquiring new customers in its operational states [6][7] - NBT has implemented a new digital banking platform and launched a market-leading mortgage origination system to enhance customer experience [7][8] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about loan growth as commercial activity rebuilds, particularly in New England [47] - The environment remains fluid with uncertainty around the economy and pandemic, but management believes charge-off activity will be a significant factor in future provisioning needs [29][60] Other Important Information - The Board approved a $0.27 dividend payable on December 15 and reaffirmed the dividend strategy for upcoming quarters [10] - The company announced the consolidation of seven branches, expected to result in approximately $1 million in annual savings starting next year [26] Q&A Session Summary Question: NII and Margin Outlook - Management indicated that liquidity redeployment will be crucial for reversing NII in coming quarters, with cautious optimism for loan growth [46][47] Question: Operating Expenses - Other operating expenses were flat, with a slight decrease in travel and entertainment costs due to COVID-19 [53] Question: Fee Income Outlook - Fee income is expected to trend slightly down in Q4 due to seasonality, but optimism remains for growth in 2021 driven by strong business pipelines [55] Question: Charge-Off Expectations - Full-year net charge-offs are expected to be higher than year-to-date levels, with some loans potentially moving to charge-off status in Q4 [58][60] Question: M&A Pipeline - Management sees improved visibility into credit portfolios in early 2021, with M&A being a significant growth tool alongside organic growth [61][62] Question: New Loan Yields - Loan yields are under pressure, with new loans expected to be lower than existing costs, impacting overall profitability [68][70]