SBT Bancorp Announces Quarterly Dividend

  SBT Bancorp Announces Quarterly Dividend

Business Wire

SIMSBURY, Conn. -- November 21, 2013

The Board of Directors of SBT Bancorp, Inc., (OTCBB: SBTB, CUSIP 78391C106),
the holding company of Simsbury Bank, declared on November 20, 2013 a
quarterly common stock cash dividend of $0.14 per share. The dividend will be
payable on December 13, 2013 to shareholders of record on December 2, 2013.

Robert J. Bogino, Chairman of the SBT Bancorp and Simsbury Bank boards, said,
“The Board and management of SBT Bancorp are confident in the prospects for
continued growth in the company’s earnings over the long run. Like most banks
with significant mortgage lending operations, Simsbury Bank’s earnings from
that business line were adversely impacted in the short run by the sudden and
dramatic increase in interest rates earlier this year. As the housing market
adjusts to a higher interest rate environment during the coming quarters, we
anticipate that our earnings growth will again reflect strong contribution
from the mortgage business to complement the continued strong performance of
our commercial and retail business lines. This dividend declaration by the
directors of SBT Bancorp is reflective of our confidence in the future and our
commitment to enhancing shareholder value through the continued development of
profitable banking relationships based on a broadened line of financial
products and outstanding customer service. We thank our shareholders for their
support of SBT Bancorp.”

Simsbury Bank is an independent, publicly owned community bank for consumers
and businesses based in Central Connecticut’s Farmington Valley. Simsbury
Bank’s parent company is SBT Bancorp, Inc. whose stock is traded under the
ticker symbol OTCBB: SBTB. The Bank serves customers locally through branches
in Avon, Bloomfield, Granby and Simsbury and regionally through mortgage and
commercial bankers active throughout Southern New England. Simsbury Bank
customers enjoy internet banking and mortgage services at, respectively, and Bank customers have
free ATM access at thousands of machines across the country through the SUM
program. The Bank offers financial planning, investment and insurance products
through LPL Financial and its affiliates, member FINRA/SIPC.

Certain statements in this press release, including statements regarding the
intent, belief or current expectations of the Company, its directors or its
officers, are “forward-looking” statements (as such term is defined in the
Private Securities Litigation Reform Act of 1995). Because such statements are
subject to risks and uncertainties, actual results may differ materially from
those expressed or implied by such forward-looking statements.


SBT Bancorp, Inc.
Richard Sudol, CFO, 860-408-5493
860-408-4679 (fax)
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