SIMSBURY, Conn.--(BUSINESS WIRE)--SBT Bancorp, Inc. (OTCQX: SBTB, CUSIP 78391C106) (the “Company”), the parent holding company of The Simsbury Bank & Trust Company, Inc. (the “Bank”), announced today that it plans to raise a total of approximately $16,125,000 in capital through the issuance of subordinated debt and the public offering of common stock. The net proceeds of the capital raise will be used to redeem the approximately $9,000,000 of Series C Senior Non-Cumulative Perpetual Preferr
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