NORWICH – NBT First Quarter highlights:

Net Income up 12.1%

Diluted earnings per share up 11.9%

Average demand deposits up 2.2%

FTE net interest margin of 3.64%

NORWICH – NBT reported net income and earnings per share for the last three months before March 31 this week.

Net income for the three months was $29.1 million, up 1.7 percent from $28.7 million for the fourth quarter of 2018 and up 12.1 percent from $26 million for the first quarter of 2018.

Diluted earnings per share for the three months was $0.66, as compared with $0.65 for the prior quarter, an increase of 1.5 percent, and $0.59 for the first quarter of 2018, an increase of 11.9 percent.

NBT Bancorp Inc. is a financial holding company headquartered in Norwich., with total assets of $9.5 billion. The company primarily operates through NBT Bank and through two financial services companies. NBT has 149 banking locations in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire and Maine.