Friday, April 27, 2012

SBT Bancorp, Inc. Reports First Quarter 2012 Results

SBT Bancorp, Inc., (OTCBB: SBTB), holding company for Simsbury Bank & Trust Company, today announced net income of $481,000 or $0.47 per diluted share for the first quarter of 2012, compared to $87,000 or $0.03 per diluted share for the first quarter of 2011. Total assets on March 31, 2012 were $362 million, an increase of $37 million or 11% over March 31, 2011. Key financial highlights for the first quarter of 2012 compared to the first quarter of 2011 include balance sheet and earnings growt...continued
     

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