Issue link: https://nebusinessmedia.uberflip.com/i/775290
www.HartfordBusiness.com January 23, 2017 • Hartford Business Journal 19 1 All credit products, pricing and overdraft protection are subject to the normal credit approval process. 24 hour turnaround is based on receipt of completed application. Some applications may require further consideration and/or supplemental information, which could impact the one-day approval process. Certain terms and conditions may apply. Total business loan exposure at Webster Bank cannot exceed $100,000 and loans can only be secured by business assets, excluding real estate. Requires a Webster business checking account, which must be opened prior to loan closing and which must be used for auto-deduct of payment. 2 Certified Business Banker: Webster teamed with Moody's Analytics to certify its bankers in financial analysis, risk evaluation, and management expertise. The Webster Symbol and Webster Bank are registered in the U.S. Patent and Trademark Office. Webster Bank, N.A. Member FDIC. Equal Housing Lender ©2016 Webster Financial Corporation. All rights reserved. Business loan approvals within 24 hours. 1 Certified Business Bankers 2 whenever you need them. Business loan approvals within 24 hours. Business loan approvals within 24 hours. Business loan approvals 1 within 24 hours. 1 within 24 hours. Certified Business Bankers whenever you need them. Certified whenever you need them. Certified Certified whenever you need them. Certified whenever you need them. Certified Apply online at WebsterBank.com/fasttrack. Introducing Webster Fast Track Business Loan Work with Webster's Certified Business Bankers 2 to get faster access to the cash you need for new equipment, updated technology, seasonal employees, facility upgrades — whatever matters most to your business success. • One day decision on applications up to $100,000. 1 • Approvals within 24 hours at very competitive rates. 1 • Personalized solutions for all your financing needs. For more assistance, call 855.468.9739 or stop by a nearby Webster Banking Center. CORPORATE PROFILE SBT Bancorp Inc. 86 Hopmeadow St., Simsbury, CT 06089 | www.simsburybank.com SBT Bancorp Inc. is the holding company for The Simsbury Bank & Trust, which provides various banking and investment services to individual consumers and small businesses in Connecticut. Top Executive: Martin J. Geitz, CEO/president FACT BOX Industry: Community bank 3Q 2016 Revenue: $5M 3Q 2016 Net Income: $431,000 Quarterly Profit Change: $78,000 Cash: $19.6M Employees: 79 Competitors: Farmington Bank Webster Financial Corp. United Bank TOP INSTITUTIONAL INVESTORS Holder Shares % Stake Banc Funds Company LLC 104,718 7.69 STOCK WATCH (as of 10 a.m. Jan.19) Ticker Symbol: SBTB Stock Price: $24.50 Market Cap: $34.19M 52 Week Range Price: $19.05–$24.50 Outstanding Shares: 1.36M CORPORATE SUITE Stock Non-equity Executive Title Salary Bonus Awards Incentive Total Martin J. Geitz President/CEO $285,992 $33,000 $69,938 $0 $529,299 Richard J. Sudol SVP/CFO $182,308 $30,000 $26,361 $0 $246,480 Gary W. Burdick SVP $150,932 $24,000 $20,982 $0 $219,610