WILMINGTON, Ohio--(BUSINESS WIRE)--The following was contained in a press release issued by NB&T Financial Group, Inc., on or about October 17, 2006:
The National Bank and Trust Company, the wholly-owned subsidiary of NB&T Financial Group, Inc. (NASDAQ:NBTF), completed the sale of the Bank’s office located in Ada, as well as the Bank's former branch office building located in Waynesfield, Ohio. The sale included approximately $19.4 million in deposits and $4.5 million in loans. NB& T Financial Group will recognize a gain of approximately $1.1 million from this sale during the fourth quarter of 2006. This transaction was previously announced on July 25, 2006.
National Bank and Trust, with assets of $571 million, operates 17 banking offices and an insurance subsidiary, NB&T Insurance Agency, Inc., in Clinton, Clermont, Brown, Warren, and Highland counties.