# BALLSTON SPA NATIONAL BANK
BALLSTON SPA, NY · FDIC certificate 6959 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $1.37B | |
| Deposits | $1.20B | |
| Loans and leases | $1.11B | |
| Total equity | $131.4M | |
| Loans / deposits | 91.12% (p63 of band) | 87.10% |
| Liquid assets / assets | 15.20% (p24 of band) | |
| Uninsured deposits / deposits | 39.83% (p73 of band) | 30.76% |
| Brokered deposits | 6.22% | |
| Wholesale funding | 7.49% (p56 of band) | |
| FHLB advances / assets | 1.26% | |
| Tier 1 leverage | 8.74% (p8 of band) | 10.50% |
| Unrealized securities loss / equity | -0.70% (p90 of band) | -7.75% |
| AOCI / equity | -0.41% (p41 of band) | |
| ROA (annualized) | 0.09% (p3 of band) | 1.26% |
| Net interest margin | 3.64% (p46 of band) | 3.70% |
| Efficiency ratio | 98.05% (p99 of band) | |
| Noncurrent loans | 0.23% (p25 of band) | 0.51% |
| Net charge-offs (annualized) | 0.02% (p48 of band) | |
| Reserve coverage of noncurrent | 524.89% | |
| Real estate % of loans | 90% | |
| Construction % of loans | 25.71% (p24 of band) | |
| Auto loans | $8.2M (0.74% of loans; DQ 1.33%, NCO 0.01%) | |
| Loans to nondepository financials | $244,000 (0% of equity) (p73 of band) | |
| Deposits YoY | 68.6% | |
| Employees | 209 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 |  |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | reserve under noncurrent |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | capital falling |  |
| 2018-03 | 0 |  | capital falling |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | loans exceed deposits |  |
| 2019-03 | 1 | capital falling | loans exceed deposits |
| 2019-06 | 0 |  | capital falling |
| 2019-09 | 0 |  |  |
| 2019-12 | 2 | loans exceed deposits, capital falling |  |
| 2020-03 | 1 |  | loans exceed deposits |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | capital falling |  |
| 2021-06 | 0 |  | capital falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 1 | deposits shrinking |  |
| 2023-06 | 1 | loans exceed deposits | deposits shrinking |
| 2023-09 | 1 | capital falling | loans exceed deposits |
| 2023-12 | 2 | loans exceed deposits, uninsured deposits leaving | capital falling |
| 2024-03 | 0 |  | loans exceed deposits, uninsured deposits leaving |
| 2024-06 | 2 | loans exceed deposits, wholesale funding >15% |  |
| 2024-09 | 1 | uninsured deposits leaving | loans exceed deposits, wholesale funding >15% |
| 2024-12 | 2 | loans exceed deposits, wholesale funding >15% | uninsured deposits leaving |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 0 |  | loans exceed deposits, wholesale funding >15% |
| 2025-12 | 1 | loans exceed deposits |  |
| 2026-03 | 1 | expense ratio p90 | loans exceed deposits |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-04-01 [Ballston Spa Bancorp, Inc. and NBC Bancorp, Inc. Complete Strategic Merger - Business Wire](https://news.google.com/rss/articles/CBMiyAFBVV95cUxQd0pIb2tYU3hqNDFJR28wbW4ydXZvbGVpNG51QVdoWFJBa2hrX01vLWM4Q3BoWTk3LWM1azBJVTRLajZTT1JmNEttaEdJaFJRRmFSUFc4bkFKVUtIWnhaMHkwT2QyenF2ZGVDS0t5QVk1RzdRdGJ1T1M2d01GaERjVEFaM0JvWFZTb2FyWnQzUlRrWGZqb25faXV0NlBlUkRYZ3ROMlU4UHcyNWJJb2JkYTVFVXZFRmRxZEQ3ZzgwUnk3aFRpRHFhag?oc=5) · Business Wire
- 2026-07-16 [Ballston Spa National Bank Welcomes New Board of Directors Members - citybiz](https://news.google.com/rss/articles/CBMiqAFBVV95cUxONkI3NXU4SVZPcEZNbkk2YWpZV2tZQnV2OG5ZX0VsdThGNnRpNjFVTm5rYl93QkJqZnAyT24tMm80Yy0wR2FIbHZxaXdOb3hNM3FtYzd6S3ZqNlRXTWlkMC1hRzJvM2NxRTdyY3VwTWlIci0zYUFkNnlTdVNLVmg4Y29PN09SZ2VVbVVaak9OcjVZOTB3VHozVUpvS185Wl9hZUs1bWVWai0?oc=5) · citybiz
- 2026-04-24 [Ballston Spa National Bank reopens flagship location on Front Street after year-long renovation - saratogian.com](https://news.google.com/rss/articles/CBMizwFBVV95cUxONXJYSE5tR0hydkFkUDJNZXNNTTBtQkFiV2pxeEF5MDVOTzFpSUQ0WDhMUWV2VlRGOTNXbmc1cmFaZTZMOTRtM2JxWEQ5VDhlVVBIMHM5akJGeW0tMGowenA5enlKczd2UTFqeE5hM216R3F4dXFpUkFYY3BfMnZoNjB0SW9WajNPbEpaQmNqMWJ6YUFyZTdvVW5BbXBVZnFQSUpIRlBLc1U0b2pJNU5TWm1ZaXZjeVZoekF0MHU3U2tFQXBmNmE0RlRvcExVOTA?oc=5) · saratogian.com
- 2026-03-23 [Ballston Spa Bancorp, Inc. and NBC Bancorp, Inc. Receive Shareholder Approvals to Complete Pending Merger; Announce Anticipated Closing Date - Business Wire](https://news.google.com/rss/articles/CBMinwJBVV95cUxQTm4wcXFVb0ttREk2ZFpONkViUDloQkZQZmN5MDBNdWxjb3p3ckFlcXNOSFdHLUxHaVhZTzJLLWNCS29fY1p0aWhtaXFGLUR2YzR5UjFWeEdfMHBZR0pNQTRLV2VQbnJib3lWby1WdkJHNmctaVY3SnhtVXcycWcyYjFBOHFldkFnNUtfMGMzNXFndjQ3bkVkdldqbEtQSVFQeWRVWWxfSm5vLTBNWnJfQk9DVVdlYVdnLXN3cVZzc0FMUjZsd1ZIc3A4Z01VR2RPel9Cd1FtMmREUUFWTG9yOUY3REtjYVlTRVpSMlJWaHRwbE52M2FFUzNSSDI5UzFtS25VQ01DOUZzSV9OckZ6QlpmWjdpNE5tYWVHTXM3Zw?oc=5) · Business Wire
- 2025-09-25 [Ballston Spa National Bank acquiring National Bank of Coxsackie - Times Union](https://news.google.com/rss/articles/CBMipAFBVV95cUxPeDRnbEFDNUhJaHlTUFlzejNhOEQ0X3BDR0tvWWJSWlNONjM0a3l5ZW5MYmFNRGtRcjd1WW5IQzBUaFY3TW5naXBwd3UtZVgtT2hJUjJmUGJxSE1Rd3RUd0RaZUFfLS1vUFhURExQSF8yblplVWhXQzdieXhGamIxb1M5cW4yVk5BOGtHMDNWZG1CWFhRQmNUMndrT1VuYV9CNmh3YQ?oc=5) · Times Union
- 2025-09-24 [Two Albany region community banks to combine - The Business Journals](https://news.google.com/rss/articles/CBMihAFBVV95cUxOYXRGZHZqTzlzTklmR2tNbk9tU3JVTEh5R0cyT3VaQ0V2ck5IUHRyV3gwdU1HcExhczhWNmxiSEdrTGtEaGo2aTRhVmZmblcyblVKT09TeS1Yd2Fpd0h4LXVfVFkzMVUyQkJybE1PYm5Vc3JwNUU0eExwN1A2aE5DVHA4OU0?oc=5) · The Business Journals
- 2025-04-17 [Ballston Spa National Bank Plans Headquarters Renovations - Saratoga TODAY newspaper](https://news.google.com/rss/articles/CBMimAFBVV95cUxNYWJBeG5xaVZhSUNnOThwZ0djRHUzd3J1bGRjdGI1cUkwMjBpUkI0a3gtQlpYUmtmQWJvSFROd0x1dDkwdThIQWp5ajlqRk1ib2k5ZmVIRFR2SXBQSXh5RHFvRHNEMmdnSUJYcno4aDN0OU9OQkh0UDRxT3ZHXzhXQW5NcDViY0Z1Rm9oUFE4SU9aT3kxeTdMaQ?oc=5) · Saratoga TODAY newspaper
- 2022-04-05 [Ballston Spa National Bank holding drive-thru food pantry - NEWS10 ABC](https://news.google.com/rss/articles/CBMijwFBVV95cUxPY3lxcjZ4SUc4S0hubHdoRDdzZ0kzS3pBUXJUOVBXUlgtSG5qSEVxdlU1UG1UNi1XampfQ3B4czNUcGV5cDh1dmxBdndsbVJSX1pQQW01aUxlR01BaGx3aGZRVG45dnprUFEwRXV6WjlUQV90SVd1T2Z2N0F2a09kZDYtRUJ0WWlfSUN0NXd1TdIBlAFBVV95cUxPeGxPQUxidHFSNXpBYlNuNi1mNlJxWnhmM2NDOVVUM2dNNk5hQVlRd2tZd3ZvRy1qYTlyV2JwQTNqbi1OQ3o0QTV2Ylh0X0JBLTRoNm92SzRFSHJLSzJHVnhEN0FTTUZLZVJLQmFTWjFhRDBjMVdIX2tYSXFuNzBHc2kzb3ltWk5fUXJzdkw2RkVwd3pJ?oc=5) · NEWS10 ABC

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=6959 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/47.json (key "6959", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide