SBT Bancorp Announces Dividend

SIMSBURY, Conn.–(BUSINESS WIRE)–#BankThisWay–The Board of Directors of SBT Bancorp, Inc., (OTCQX: SBTB, CUSIP
78391C106), the holding company of Simsbury Bank, declared on November
21, 2017 a quarterly common stock cash dividend of $0.15 per share. The
dividend will be payable on December 20, 2017 to shareholders of record
on December 8, 2017.

Robert J. Bogino, Chairman of the SBT Bancorp and Simsbury Bank boards,
said, “Management continues to implement revenue enhancing and expense
management plans to improve earnings. These include continued commercial
banking growth, with a particular focus on family owned businesses, and
structural reduction in operating costs. The board anticipates continued
growth and profitability, and wishes to thank our shareholders for their
ongoing support of Simsbury Bank.”

Simsbury Bank is an independent, community bank for consumers and
businesses based in Connecticut. Simsbury Bank Home Loans is a division
of Simsbury Bank serving the home financing needs of consumers
throughout Southern New England. Simsbury Bank is wholly-owned by
publicly traded SBT Bancorp, Inc., whose stock is traded on the OTCQX
marketplace under the ticker symbol of SBTB. For more information, visit www.simsburybank.com.

Certain statements in this press release, including statements regarding
the intent, belief or current expectations of SBT Bancorp, Inc., The
Simsbury Bank & Trust Company, or their directors or officers, are
“forward-looking” statements (as such term is defined in the Private
Securities Litigation Reform Act of 1995). Because such statements are
subject to risks and uncertainties, actual results may differ materially
from those expressed or implied by such forward-looking statements.

Contacts

SBT Bancorp, Inc.
Richard Sudol, 860-408-5493
CFO
860-408-4679
(fax)
rsudol@simsburybank.com