CORRECTING and REPLACING Nashville Bank & Trust Reports June

  CORRECTING and REPLACING Nashville Bank & Trust Reports June 2010 Results

CORRECTION...by Nashville Bank and Trust Company

Business Wire

NASHVILLE, Tenn. -- July 27, 2010

First graph, second sentence of release should read: $0.12 versus $0.06 (sted
$0.21 versus $0.12).

Second graph, third sentence of release should read: Tier 1 leverage ratio of
10.65% (sted Tier 1 leverage ratio of 10.58%).

The corrected release reads:

               NASHVILLE BANK & TRUST REPORTS JUNE 2010 RESULTS

NBT Holdings Inc. (OTCBB:NBTH.OB), a bank holding company and the parent
company of Nashville Bank and Trust Company, reported net income of $251,000
for the second quarter 2010, a 106% increase compared with $122,000 for the
second quarter 2009. Earnings per undiluted share for the quarter ending June
30, 2010 totaled $0.12 versus $0.06 for the same period in 2009. Net income
for the first six months 2010 was $451,000, a 84% increase compared to
$245,000 for the comparable period of 2009.

At June 30, 2010, the bank reported total assets of $212.7 million, a 30%
increase from June 30, 2009. Over the same period, deposits increased 32.5% to
$180.3 million, while loan growth was 22.6% reaching $163.6 million. At June
30, 2010, the bank’s capital exceeded the FDIC guidelines for a “well
capitalized” bank in all categories, including a Tier 1 leverage ratio of
10.65% compared with the minimum guideline of 5.0%.

Nashville Bank & Trust reported no non-performing assets at June 30, 2010.

Non interest income year-to-date 2010 was $1,515,000, compared to $1,287,000
for the first six months of 2009.

“Nashville Bank & Trust continues to grow and prosper despite the lingering
recessionary environment,” said Tom Stumb, President and CEO. “The success of
our company is a credit to our clients’ commitment and to the experience and
hard work of our bankers and wealth management team.”

A full-service bank and wealth management company, Nashville Bank & Trust
services include personal and business loans, depository accounts, wealth
management and trust services. Personal, expert service is the bank’s
hallmark. Customers benefit from direct contact with senior-level, experienced
bank executives who have decision-making authority and a full understanding of
the local community and the client’s relationship with the bank.

Contact:

Nashville Bank and Trust Company
Overton Colton, 615-515-1706
overton.colton@nashvillebankandtrust.com