SBT Bancorp, Inc. (OTCMKTS:SBTB) Files An 8-K Other Events

Certain statements contained in this Current Report on Form 8-K that are not historical facts may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of words such as “may,” “will,” “should,” “could,” “would,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “estimate” or words of similar meaning. These forward-looking statements include statements relating to the Company’s anticipated future financial performance, projected growth, and management’s long-term performance goals, as well as statements relating to the anticipated effects on results of operations and financial condition from developments or events and the Company’s business and growth strategies.

These forward-looking statements are subject to significant risks, assumptions and uncertainties, and could be affected by many factors.The following, which is not intended to be an all-encompassing list of risks and uncertainties affecting the Company, summarizes several factors that could cause the Company’s actual results to differ materially from those anticipated or expected in these forward-looking statements: economic conditions (both generally and in the Company’s markets) being less favorable than expected; a general decline in the real estate and lending market; inaccuracies in management’s assumptions used in calculating the appropriate amount to be placed into the Company’s allowance for loan and lease losses; restrictions or conditions imposed by regulators on the Company’s operations; legislative and regulatory changes that may subject the Company to additional regulatory oversight; changes in accounting standards, including, without limitation, a new standard on determining the amount of the allowance for credit losses, and compliance requirements; competitive pressures among depository and other financial institutions increasing significantly; changes in the interest rate environment; competitors having greater financial resources and developing products that enable them to compete more successfully than the Company can; the Company’s ability to attract and retain key personnel; adverse changes occurring in the equity markets; war or terrorist activities causing further deterioration in the economy or instability in credit markets; and economic, governmental or other factors that may prevent the projected population and residential and commercial growth in the markets in which the Company operates.

As a result of these and a wide variety of other uncertainties, many of which are beyond the Company’s control, the Company’s actual future results may be materially different from the results indicated by these forward-looking statements.Forward-looking statements speak only as of the date on which they are made. The Company does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made.

SBT Bancorp, Inc. ExhibitEX-99.1 2 a51692822ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 SBT Bancorp Announces Plans to Deregister Its Common Stock SIMSBURY,…To view the full exhibit click here
About SBT Bancorp, Inc. (OTCMKTS:SBTB)
SBT Bancorp, Inc. is the holding company for The Simsbury Bank & Trust Company, Inc. (the Bank). The Company is engaged in investment in the Bank, which is a community-oriented financial institution providing a range of banking and investment services. The Bank offers a range of commercial banking services to residents and businesses in its primary and secondary markets through a range of commercial loans and residential mortgage programs, as well as home equity lines and loans, Federal Deposit Insurance Corporation (FDIC)-insured checking, savings, and individual retirement account (IRA) accounts, as well as safe deposit and other customary non-deposit banking services. The Bank’s loan portfolio consists of commercial and industrial, real estate-construction and land development, real estate-residential, real estate-commercial, municipal, home equity and consumer loans. The Bank offers investment products to customers through SBT Investment Services, Inc., a subsidiary of the Bank.