5. NBT Bancorp Shares of NBT Bancorp ( NBTB) of Norwich, N.Y., closed at $22.06 Tuesday, returning 3% year-to-date, following a 5% decline during 2011. Based on quarterly payout of 20 cents, the shares have a dividend yield of 3.63%. The shares trade for 1.9 times tangible book value, according to Thomson Reuters Bank Insight, and for 13 times the consensus 2013 EPS estimate of $1.65 a share, among analysts polled by Thomson Reuters. The consensus 2012 EPS estimate is $1.60. For the 12-month period ended June 30, NBT's operating return on average assets (ROA) was 0.97%, and its return on average tangible common equity (ROE) was 14.02%, according to Thomson Reuters Bank Insight. During that period, the company's dividend payout ratio was 59.20%. Guggenheim Securities analyst David Darst has a neutral rating on NBT Bancorp, with a $21 price target, and said in July after the company reported its second-quarter results that "organic loan growth accelerated in 2Q12 to over 7% given stronger demand in Utica, the Capital Region, and Vermont. We now expect total loan growth of 12% with 6% organic growth in 2012, which reflects a nice acceleration." Darst estimates that NBT will report third-quarter earnings of 40 cents a share, matching the company's results during the second quarter, but down from 45 cents during the third quarter of 2011. NBT's net interest margin -- the difference between the average yield on loans and investments and the average cost for deposits and borrowings -- narrowed to 3.82%, from 3.90% the previous quarter, and 4.13% a year earlier, in line with the banking industry's aggregate performance, as the Federal Reserve's target short-term rate has remained in a range of zero to 0.25% since late 2008, while long-term rates have continued to decline. Darst said "we believe revenue growth will remain a challenge in the current interest rate environment," and that he expects "a NIM of ~3.70% by year-end." NBTB data by YCharts Interested in more on NBT Bancorp? See TheStreet Ratings' report card for this stock.