Exhibit
99.2
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FOR
IMMEDIATE RELEASE
ATTENTION:
FINANCIAL AND BUSINESS EDITORS
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Contact:
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Martin
A. Dietrich, CEO
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Michael
J. Chewens, CFO
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NBT
Bancorp Inc.
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52
South Broad Street
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Norwich,
N.Y. 13815
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607-337-6119
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NBT
BANCORP INC. ADDED TO S&P SMALLCAP 600 INDEX
NORWICH,
N.Y. (MARCH 27, 2009) – NBT Bancorp Inc. has been added to the Standard &
Poor’s SmallCap 600 Index as of March 26, 2009. The common stock of NBT Bancorp
is traded on the NASDAQ Global Select Market under the “NBTB”
symbol.
According
to S&P, the S&P SmallCap 600, introduced in 1994, is “fast becoming the
preferred small-cap index in the U.S.” The index covers about 3% of the domestic
equities market. Companies added to the index must have a market capitalization
between $200 million and $1 billion and meet “specific inclusion criteria to
ensure they are investable and financially viable.” NBT Bancorp is replacing
Itron Inc., which is being moved to the S&P MidCap 400 Index.
“Being
added to the S&P SmallCap 600 is a very significant event for our company,”
said Martin Dietrich, NBT Bancorp president and chief executive officer. “This
recognition is a result of our strong financial performance.”
NBT
Bancorp, Inc. is a financial holding company headquartered in Norwich, N.Y.,
with total assets of $5.3 billion at December 31, 2008. The company primarily
operates through NBT Bank, N.A., a full-service community bank with two
divisions, and through two financial services companies. NBT Bank, N.A. has 122
locations, including 84 NBT Bank offices in upstate New York and 38 Pennstar
Bank offices in northeastern Pennsylvania. EPIC Advisors, Inc., based in
Rochester, N.Y., is a full-service 401(k) plan recordkeeping firm. Mang
Insurance Agency, LLC, based in Binghamton, N.Y., is a full-service insurance
agency. More information about NBT and its divisions can be found on the
Internet at: www.nbtbancorp.com, www.nbtbank.com, www.pennstarbank.com,
www.epic1st.com and www.manginsurance.com.
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