NB&T Financial Group
| Subsidiary | |
| Traded as | NASDAQ: NBTF |
| ISIN | 🆔 |
| Industry | Banking, Financial services |
| Founded 📆 | 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] |
 US$ 25.279 million (2012)[4] | |
| US$ 3.877 million (2012)[4] | |
| Total assets | US$ 651.075 million (2012)[4] |
| Members | |
Number of employees | 203 (2013)[5] |
| 🌐 Website | www |
| 📇 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
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 is summarized as follows:[8]
- The Bank was chartered as The Clinton County National Bank in 1872.
- In 1922, a 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 was named top dividend stock with insider buying and 5.93% Yield.[9]
References
External links
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