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Hampshire First Bank Enters Into Agreement to Join NBT Bank

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NBT Bancorp Inc. (Nasdaq: NBTB) and Hampshire First Bank announced today that they have entered into a definitive agreement under which Hampshire First Bank will merge with and into NBT's banking subsidiary, NBT Bank, N.A. The merger is valued at approximately $45 million and is expected to close early in the second quarter of 2012 subject to customary closing conditions, including receipt of regulatory approvals and approval by the stockholders of HFB.

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