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Simsbury Bank & Trust Reports Record Quarterly Income

The third quarter of 2012 was the highest net income yet for Simsbury Bank & Trust.

The holding company for Simsbury Bank & Trust, SBT Bancorp, Inc., announced record quarterly net income for the third quarter of 2012, according to a story on AOL's Daily Finance.

The local bank had a net income of $506,000 or $0.55 per diluted share, for the third quarter compared to $258,000 or $0.10 per diluted share for the third quarter in 2011.

This was the highest recorded net quarterly income in the history of the bank.

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