NBT Bancorp, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company's net interest income was $52,453,000 against $50,499,000 a year ago. Total interest, fee and dividend income was $60,857,000 against $59,898,000 a year ago. Net interest income after provision for loan losses was $45,513,000 against $44,923,000 a year ago. Income before income taxes was $18,883,000 against $17,641,000 a year ago. Net income was $13,116,000 against $13,722,000 a year ago. Net income per basic and diluted share was $0.39 against net income per diluted share of $0.41 a year ago. Annualized return on average assets and return on average equity were 0.86% and 9.01%, respectively compared with 0.97% and 10.09%, respectively a year ago. Annualized return on average tangible common equity was 13.25% against 14.00% a year ago.

For the year, the company's net interest income was $204,203,000 against $200,276,000 a year ago. Total interest, fee and dividend income was $239,397,000 against $239,997,000 a year ago. Net interest income after provision for loan losses was $183,934,000 against $179,539,000 a year ago. Income before income taxes was $77,374,000 against $79,174,000 a year ago. Net income was $54,558,000 against $57,901,000 a year ago. Net income per diluted share was $1.62 as compared with $1.71 a year ago. Annualized return on average assets and return on average equity were 0.93% and 9.72%, respectively compared with 1.06% and 10.73%, respectively a year ago. Annualized return on average tangible common equity was 14.14% against 14.75% a year ago. Book value per share as on December 31, 2012 was $17.24 against $16.23 as on December 31, 2011. Tangible book value per share as on December 31, 2012 was $12.23 against $11.70 as on December 31, 2011.

For the quarter, the company reported net charge-offs of $8.3 million against $5.6 million for the three months ended December 31, 2011.

The company's Board of Directors declared a 2013 first-quarter cash dividend of $0.20 per share at a meeting held on January 28, 2013. The dividend will be paid on March 15, 2013 to shareholders of record as of March 1, 2013.