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Article: Nashville Bank & Trust Reports Third Quarter Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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NBT Holdings Inc. (OTCBB:NBTH.OB), a bank holding company and the parent company of Nashville Bank and Trust Company as of July 2009, reported results today for the quarter ending September 30, 2009.
Total assets increased by 9.8 percent to $166 million from September 30, 2008 to September 30, 2009. Over the same period, total loans increased by 9.9 percent to $132 million, and deposits increased by 6.3 percent to $137 million. At September 30, 2009, the bank's capital exceeded the FDIC guidelines for a "well capitalized" bank with a Tier 1 Capital ratio of 12.7 percent compared with the "well capitalized' guideline of 6.0 percent.
For the quarter and ...