Forsythe to Retire as Chair of Bancorp and Bank Boards

NORWICH, NY (May 2, 2016) – On Tuesday, May 3, 2016, Daryl R. Forsythe will complete his current term as director and retire as chairman of the and Bancorp Boards. Forsythe’s association with spans a period of nearly 30 years.

Forsythe’s association with spans a period of nearly 30 years.

• He joined the Board of Directors in 1988 and was elected to the Bancorp Board of Directors in 1992.
• In December 1994, Forsythe was named president and chief executive officer of and Bancorp at a pivotal time in the organization’s growth and development. Not a banker by trade, he applied his nearly 30 years of management experience gained in the aerospace industry to his new role.
• He was elected chairman of the Board of Directors in 1999 and the Bancorp Board of Directors in 2001.
• On January 1, 2006, Forsythe retired from his position as CEO of Bancorp and . Since that time, he has continued to provide leadership to in his role as chairman of the bank and company boards.

Daryl’s impact on has been tremendous,” said President and CEO Martin Dietrich. “During his tenure, the company has grown from a community bank with a local presence in central New York to one of the leading financial services organizations in the northeast at a time when the banking industry has faced many historic challenges. On behalf of all directors, our nearly 1,800 employees and our retirees, I extend our deeply-felt gratitude and appreciation for the dedication, leadership and vision Daryl has provided. He supported us in achieving many important milestones and has positioned for ongoing success. In Daryl’s own words, I can truly say, ‘Our best years lie ahead.’”

“Daryl’s commitment to and his faithfulness to the company’s community banking values have been unwavering,” added Director John Mitchell. “He consistently focused on the quality of ’s efforts and never pursued growth for growth’s sake. and the customers and communities we serve have benefited from his guidance and integrity as well as his passion for excellence.”

Bancorp Inc. is a financial holding company headquartered in Norwich, N.Y., with total assets of $8.5 billion at March 31, 2016. The company primarily operates through , N.A., a full-service community bank, and through two financial services companies. , N.A. has 155 banking locations with offices in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire and Maine. EPIC Advisors, Inc., based in Rochester, N.Y., is a full-service 401(k) plan recordkeeping firm. -Mang Insurance Agency, based in Norwich, N.Y., is a full-service insurance agency. More information about and its divisions can be found on the Internet at: www.nbtbancorp.com, www.nbtbank.com, www.epic1st.com and www.nbtmang.com.