content: SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549
  
  
  
                                  FORM 8-K
  
                               CURRENT REPORT
  
  
  
                     Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934
  
  
  
  Date of Report (Date of earliest event reported):  July 24, 2001
  
  
                          NB&T FINANCIAL GROUP, INC.
              -----------------------------------------------------
              (Exact name of registrant as specified in its charter)
  
  
  
  
              OHIO                    0-23134              31-1004998
  ---------------------------    -------------------   --------------------
  (State or other jurisdiction  (Commission File No.) (IRS Employer I.D. No.)
       of incorporation)
  
  
              48 N. South Street, Wilmington, Ohio           45177
             ----------------------------------------      ----------
            (Address of principal executive offices)       (Zip Code)
  
  
  Registrant's telephone number, including area code:  (937) 382-1441
  
  
  
  <PAGE>
  
  Item 5.          Other Events.
  ------           ------------
  
  The following was contained in a press release issued by InterCounty
  Bancshares, Inc., on or about July 24, 2001.
  
  
  EARNINGS RELEASE
  
  NB&T Financial Group, Inc. (Company), parent company of The National
  Bank and Trust Company, Wilmington, Ohio, (Bank) announced net income
  for the second quarter of 2001 was $1.54 million, compared to $1.53
  million for the second quarter of 2000.  Net income per share was $.48
  for the second quarter of 2001, the same as the second quarter of 2000.
  Net income for the first six months of 2001 was $2.98 million, an
  increase of 4.6% from 2000.  Net income per share was $.94 through June
  30, 2001, compared to $.90 through the same date in 2000.
  
  The second quarter of 2001 showed a decrease in net interest income of
  3.7% compared to the same quarter last year.  Average loans had a slight
  decrease of 0.3% and average securities had an increase of 16.2% when
  compared to the same period last year, which resulted in an increase of
  9.1% in average interest-earning assets.  This change in the mix of the
  balance sheet, and significant decreases in market rates, decreased the
  tax equivalent yield on interest-earning assets from 8.08% in the second
  quarter of 2000 to 7.61% in the second quarter of 2001.  Average
  interest-bearing liabilities increased 11.7% from the second quarter
  last year, primarily in interest-bearing checking accounts and
  certificates of deposit.
  
  Non-interest income was $1.91 million, 21.2% above the second quarter of
  2000.  This increase was primarily due to increases in ATM network fees,
  Bank Owned Life Insurance (BOLI) income, and insurance agency
  commissions.  Also, $260,000 in gains on the sale of securities was
  recorded in the second quarter of 2001.  For the first six months of
  2001, non-interest income was $3.62 million, 21.8% above the first six
  months of 2000.
  
  Non-interest expense increased 11.5% from the second quarter last year,
  the primary reasons being increases in salaries and benefits expense and
  equipment expense.  For the first six months of 2001, non-interest
  expense was $8.58 million, 8.5% above the first six months of 2000.  The
  Company's effective tax rate decreased to 18.0% during the second
  quarter of 2001 from 19.5% for the second quarter of 2000, primarily due
  to BOLI income.  Performance ratios for the second quarter of 2001
  included a return on assets of 1.02%, and a return on equity of 12.12%.
  For the first half of 2001, return on assets was 1.01%, and return on
  equity was 11.96%.
  
  Total assets grew 9.6% to $606.3 million at June 30, 2001 from the same
  date last year.  Total loans-net were $358.0 million, a decrease of
  2.5%, and total deposits increased 11.3% to $433.3 million.  Book value
  per share was $16.01 and equity to assets was 8.24% as of June 30, 2001.
  
  On June 19 the board of directors declared a dividend of $0.21 per share
  payable July 25, 2001, to shareholders of record June 30, 2001.  This is
  an increase of 10.5% from the dividends declared in the second quarter
  of 2000.
  <PAGE>
  
                                 SIGNATURES
                                 ----------
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  Registrant has duly caused this report to be signed on its behalf by the
  undersigned thereunto duly authorized.
  
  
                                       NB&T FINANCIAL GROUP, INC.
  
  
  
                                       By: /s/ Charles L. Dehner
                                           ----------------------------
                                           Charles L. Dehner
                                           Executive Vice President,
                                             Chief Financial Officer
  
  
  Date:  July 24, 2001
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "nbt8k072401.txt", "secsgml_size_bytes": 4833}]
metadata_filer: {"company-data": {"conformed-name": "NB&T FINANCIAL GROUP INC", "cik": "0000908837", "assigned-sic": "6029", "irs-number": "311004998", "state-of-incorporation": "OH", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-23134", "film-number": "1686666"}, "business-address": {"street1": "48 NORTH SOUTH ST", "city": "WILMINGTON", "state": "OH", "zip": "45177", "phone": "9373821441"}, "mail-address": {"street1": "48 NORTH SOUTH ST", "city": "WILMINGTON", "state": "OH", "zip": "45177"}, "former-company": {"former-conformed-name": "INTERCOUNTY BANCSHARES INC", "date-changed": "19930708"}}
text: SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549
  
                                  FORM 8-K
  
                               CURRENT REPORT
  
                     Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934
  
  Date of Report (Date of earliest event reported):  July 24, 2001
  
                          NB&T FINANCIAL GROUP, INC.
              -----------------------------------------------------
              (Exact name of registrant as specified in its charter)
  
              OHIO                    0-23134              31-1004998
  ---------------------------    -------------------   --------------------
  (State or other jurisdiction  (Commission File No.) (IRS Employer I.D. No.)
       of incorporation)
  
              48 N. South Street, Wilmington, Ohio           45177
             ----------------------------------------      ----------
            (Address of principal executive offices)       (Zip Code)
  
  Registrant's telephone number, including area code:  (937) 382-1441
  Item 5.          Other Events.
  ------           ------------
  
  The following was contained in a press release issued by InterCounty
  Bancshares, Inc., on or about July 24, 2001.
  
  EARNINGS RELEASE
  
  NB&T Financial Group, Inc. (Company), parent company of The National
  Bank and Trust Company, Wilmington, Ohio, (Bank) announced net income
  for the second quarter of 2001 was $1.54 million, compared to $1.53
  million for the second quarter of 2000.  Net income per share was $.48
  for the second quarter of 2001, the same as the second quarter of 2000.
  Net income for the first six months of 2001 was $2.98 million, an
  increase of 4.6% from 2000.  Net income per share was $.94 through June
  30, 2001, compared to $.90 through the same date in 2000.
  
  The second quarter of 2001 showed a decrease in net interest income of
  3.7% compared to the same quarter last year.  Average loans had a slight
  decrease of 0.3% and average securities had an increase of 16.2% when
  compared to the same period last year, which resulted in an increase of
  9.1% in average interest-earning assets.  This change in the mix of the
  balance sheet, and significant decreases in market rates, decreased the
  tax equivalent yield on interest-earning assets from 8.08% in the second
  quarter of 2000 to 7.61% in the second quarter of 2001.  Average
  interest-bearing liabilities increased 11.7% from the second quarter
  last year, primarily in interest-bearing checking accounts and
  certificates of deposit.
  
  Non-interest income was $1.91 million, 21.2% above the second quarter of
  2000.  This increase was primarily due to increases in ATM network fees,
  Bank Owned Life Insurance (BOLI) income, and insurance agency
  commissions.  Also, $260,000 in gains on the sale of securities was
  recorded in the second quarter of 2001.  For the first six months of
  2001, non-interest income was $3.62 million, 21.8% above the first six
  months of 2000.
  
  Non-interest expense increased 11.5% from the second quarter last year,
  the primary reasons being increases in salaries and benefits expense and
  equipment expense.  For the first six months of 2001, non-interest
  expense was $8.58 million, 8.5% above the first six months of 2000.  The
  Company's effective tax rate decreased to 18.0% during the second
  quarter of 2001 from 19.5% for the second quarter of 2000, primarily due
  to BOLI income.  Performance ratios for the second quarter of 2001
  included a return on assets of 1.02%, and a return on equity of 12.12%.
  For the first half of 2001, return on assets was 1.01%, and return on
  equity was 11.96%.
  
  Total assets grew 9.6% to $606.3 million at June 30, 2001 from the same
  date last year.  Total loans-net were $358.0 million, a decrease of
  2.5%, and total deposits increased 11.3% to $433.3 million.  Book value
  per share was $16.01 and equity to assets was 8.24% as of June 30, 2001.
  
  On June 19 the board of directors declared a dividend of $0.21 per share
  payable July 25, 2001, to shareholders of record June 30, 2001.  This is
  an increase of 10.5% from the dividends declared in the second quarter
  of 2000.
  SIGNATURES
                                 ----------
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  Registrant has duly caused this report to be signed on its behalf by the
  undersigned thereunto duly authorized.
  
                                       NB&T FINANCIAL GROUP, INC.
  
                                       By: /s/ Charles L. Dehner
                                           ----------------------------
                                           Charles L. Dehner
                                           Executive Vice President,
                                             Chief Financial Officer
  
  Date:  July 24, 2001