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NB&T Financial Group

From EverybodyWiki Bios & Wiki


NB&T Financial Group
Subsidiary
Traded asNASDAQ: NBTF
ISIN🆔
IndustryBanking, Financial services
Founded 📆1980 (1859 as a Bank) (1980 (1859 as a Bank))[1][2]
Founder 👔
Headquarters 🏙️,
Wilmington, Ohio, United States
Area served 🗺️
Key people
Timothy Smith
(Chairman)
John Limbert
(President & CEO)[3]
Increase US$ 25.279 million (2012)[4]
Increase US$ 3.877 million (2012)[4]
Total assetsIncrease US$ 651.075 million (2012)[4]
Members
Number of employees
203 (2013)[5]
🌐 Websitewww.nbtdirect.com
📇 Address
📞 telephone

NB&T Financial Group, Inc., is a registered financial holding company which wholly owns The National Bank and Trust Company under the Bank Holding Company Act.[3][6] Their business focuses on the operation of the bank, which is chartered under the laws of the United States and is a member of the Federal Reserve Bank of Cleveland.

History[edit]

National Bank and Trust, a wholly owned subsidiary of NB&T Financial Group, Inc., was formed to open business in 1859.[7] The development of the company are summarized as follows:[8]

  • The Bank was chartered as The Clinton County National Bank in 1872.
  • In 1922, Trust Department was added to provide financial services owing to the Trust Powers granted by the State of Ohio, Department of Banks and Banking. As a result of the added department, The Clinton County National Bank and Trust Company was used as their new company name.
  • In 1931, The Bank finished the purchase of the Farmers National Bank of Clarksville.
  • In 1957, a new modern main office was completed for the Bank on its original site and included the area's first Drive-Thru window.
  • In 1969, the Bank completed the acquisition of the First National Bank of Sabina.
  • In 1971, the Bank completed the acquisition of the Port William Banking Company.
  • In 1980, NB&T Financial Group was incorporated as a holding company for the Bank.
  • In 1981, the bank acquired Brown County National Bank and changed the name to The National Bank and Trust Company.
  • In 1982, Peoples National Bank was acquired by the bank.
  • In 2009, The Bank finished the acquisition of Community National Bank.
  • In 2010, The Bank achieved agreement with American National Bank, acquiring the business operation of the bank and its single office in Parma, Ohio.
  • In 2013, The Bank named top dividend stock with insider buying and 5.93% Yield.[9]

References[edit]

  1. "Foundation time".
  2. "time of incorporated".
  3. 3.0 3.1 "NB&T Financial Group, Inc. Marketing Contacts".
  4. 4.0 4.1 4.2 "Selected Financial Data".
  5. number of employees
  6. Company description in Reuters
  7. Foundation
  8. History
  9. Dividend

External links[edit]


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