SBT Bancorp, Inc. announced consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported net income of $431,000 or $0.32 basic and $0.32 diluted earnings per share for the quarter ended September 30, 2016, compared to a net income of $327,000 or $0.37 basic and $0.37 diluted earnings per share for the quarter ended September 30, 2015. Net interest and dividend income for the third quarter increased $418,000 or 14.2% as compared to the third quarter of 2015 due to growth in the Bank's commercial and consumer loan portfolios. For the quarter ended September 30, 2016, total revenues, consisting of net interest and dividend income plus noninterest income, were $4.6 million compared to $3.9 million a year ago, an increase of $687,000 or 17.7% above the prior year's third quarter. The increase was partially offset by the interest expense on subordinated debt of $137,000. For the nine months, the company reported total interest and dividend income of $9,318,000 against $9,144,000 a year ago. Net interest and dividend income was $8,714,000 against $8,485,000 a year ago. Income before income taxes was $1,230,000 against $385,000 a year ago. Net income available to common stockholders was $959,000 against $375,000 a year ago. Earnings per common share, assuming dilution were $1.08 against $0.42 a year ago. Return on average assets was 0.34% compared to 0.15% for the nine months ended September 30, 2014. Return on equity was 4.72% compared to 1.59% for the nine months ended September 30, 2014. Tangible book value per common share was $23.58 at September 30, 2015. For the year-to-date ended September 30, 2016, total revenues, consisting of net interest and dividend income plus noninterest income, were $12.2 million compared to $11.0 million a year ago, an increase of $1.2 million or 11.2% above the year-to-date period ended September 30, 2015. The increase was partially offset by the interest expense on subordinated debt of $379,000.