NBT Bank, National Association
Norwich, New York, Chenango County
$16.1B in total assets, the 125th largest of 4,309 US banks and 14th of 126 headquartered in New York.
- FDIC certificate
- 7230
- Established
- 1856
- Owned by
- Nbt Bcorp Inc
- Primary regulator
- OCC
- Website
- www.nbtbank.com
At a glance
Compared with 15 banks headquartered in New York with $10 billion to $100 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $16.1B | 40% | $17.4B | |
| Loans | $11.9B | 53% | $11.8B | |
| Deposits | $13.7B | 47% | $13.9B | |
| Return on assets | 1.26% | 89% | 0.95% | |
| Net interest margin | 3.79% | 98% | 2.51% | |
| Efficiency ratio | 57.5% | 33% | 63.7% | |
| Equity to assets | 11.55% | 78% | 9.55% | |
| Loans to deposits | 87% | 57% | 85% |
Growth
Total assets grew 7.0% a year over the last 5 years and 6.5% a year over 10 years, including 2 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| May 2025 | Evans Bank, National Association Angola, NY | $2.2B |
| Aug 2023 | Salisbury Bank and Trust Company Lakeville, CT | $1.6B |
| Mar 2013 | Alliance Bank, National Association Syracuse, NY | $1.4B |
| Jun 2012 | Hampshire First Bank Manchester, NH | $272M |
| Feb 2006 | City National Bank and Trust Company Gloversville, NY | $398M |
| Nov 2001 | Central National Bank, Canajoharie Canajoharie, NY | $976M |
| Jun 2001 | The First National Bank of Northern New York Norfolk, NY | $124M |
| Mar 2001 | Pennstar Bank, National Association Lake Ariel, PA, an affiliate under the same holding company | $1.1B |
| Sep 1989 | Hayes National Bank Clinton, NY | $101M |
| Sep 1989 | The Fulton County National Bank and Trust Company Gloversville, NY | $100M |
| Sep 1989 | The First National Bank of Hancock Hancock, NY | $31M |
| Sep 1989 | The Bank of Lake Placid Lake Placid, NY | $63M |
| Aug 1984 | The National Bank of Oxford Oxford, NY | $20M |
| Dec 1978 | First National Bank in Sidney Sidney, NY | n/a |
| Jun 1974 | The National Bank of Hobart Hobart, NY | n/a |
| Sep 1973 | The First National Bank of Newark Valley Newark Valley, NY | n/a |
| Feb 1971 | The Farmers National Bank of Deposit Deposit, NY | n/a |
Where they operate
175 branches in 46 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Erie County, NY | $1.6B | 2.5% | 7 of 20 |
| Chenango County, NY | $894M | 97.3% | 1 of 2 |
| Onondaga County, NY | $860M | 6.4% | 6 of 15 |
| Oneida County, NY | $744M | 15.4% | 2 of 9 |
| Fulton County, NY | $666M | 65.5% | 1 of 4 |
| Broome County, NY | $649M | 18.7% | 2 of 9 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 18 branches since 2016 (157 to 175, +11.5%). 9 opened, 32 acquired, 23 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 157 | |||
| 2016 | Closed Londonderry | 0 | 1 | −1 | 156 |
| 2017 | Closed Maine and Mayfield | 0 | 2 | −2 | 154 |
| 2018 | Closed Norfolk | 0 | 1 | −1 | 153 |
| 2019 | Closed 5 in 3 states | 0 | 5 | −5 | 148 |
| 2020 | Opened DeruyterClosed 7 in 4 states | 1 | 7 | −6 | 142 |
| 2021 | Opened 3 in 2 statesClosed 3 in 2 states | 3 | 3 | 0 | 142 |
| 2023 | Acquired Salisbury Bank and Trust CompanyClosed Syracuse | 13 | 1 | +12 | 154 |
| 2024 | Opened Johnson City and Mechanicville | 2 | 0 | +2 | 156 |
| 2025 | Acquired Evans Bank, National AssociationOpened South Burlington and Webster | 21 | 0 | +21 | 177 |
| 2026 through Q2 | Opened PortlandClosed 3 in 3 states | 1 | 3 | −2 | 175 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 27% | 6% | |
| Commercial real estate | 23% | 18% | |
| Consumer | 19% | 2% | |
| Business (C&I) | 13% | 29% | |
| Multifamily | 13% | 13% | |
| Construction and land | 4% | 4% | |
| Farmland | 1% | 0% | |
| Other | 1% | 28% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 81% | 74% | |
| Time deposits | 10% | 14% | |
| Noninterest-bearing | 10% | 12% |
Brokered deposits are 0.2% of deposits (peers 6.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.54% | 0.57% |
| Net charge-offs, annualized | 0.16% | 0.09% |
| Reserves to loans | 1.18% | 0.80% |
| Leverage ratio | 9.49% | 10.67% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in New York
Largest competitors in Erie County, NY
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/nbt-bank-norwich-ny