NBT Bancorp, Inc. announces first quarter earnings, cash dividends

NORWICH – NBT Bancorp Inc. has reported that net income for the three months ending March 31, 2010 was $14 million, up 6.9 percent from the same quarter last year. Net income per diluted share rose from $0.40 to $ 0.41 for the first quarter from the same period in 2009.

“I am pleased to report that we continued to achieve strong results in the first quarter of 2010, including positive trends in net income and non-performing loans,” reported NBT President and CEO Martin Dietrich in a statement issued Monday.

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