Ballston Spa Bancorp, INC

Ballston Spa Bancorp, Inc. finalized its merger with NBC Bancorp, Inc. on April 1, 2026, and filed required pro forma financial information.

Ballston Spa Bancorp, Inc. and NBC Bancorp, Inc. have successfully completed their strategic merger, creating a stronger financial services company with expanded market presence and increased assets.

Ballston Spa Bancorp, Inc. completed a $26 million subordinated notes offering to bolster capital and support its proposed merger with NBC Bancorp, Inc.

Ballston Spa Bancorp and NBC Bancorp shareholders have approved their strategic merger, with an anticipated closing date of April 1, 2026.

Ballston Spa Bancorp and NBC Bancorp have secured all necessary regulatory approvals for their pending merger, moving closer to a second-quarter 2026 completion.

Ballston Spa Bancorp reports a significant decrease in net income for Q1 2026, primarily due to increased merger and operational expenses, despite a rise in net interest income.