{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-18T17:18:40.185291+00:00","company":{"ticker":"BSPA","cik":2094107,"company_name":"Ballston Spa Bancorp, Inc."},"pagination":{"limit":100,"returned":5,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"ma_counterparty":[{"display_name":"NBC Bancorp, Inc.","detail":"acquisition","count":1,"first_seen":"2026-04-01T23:59:59+00:00","last_seen":"2026-04-01T23:59:59+00:00","evidence_fact_ids":[23887]}]},"facts":[{"fact_type":"debt_financing","fact_key":"6a22c614f149135cc2660f7f3f85dc625187ef1a","cik":2094107,"ticker":"BSPA","company_name":"Ballston Spa Bancorp, Inc.","filed_at":"2026-04-01T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2026-04-01","event":"incurrence","instrument_type":"other","interest_rate_text":"floating rate","item_codes_triggered":["2.03"],"maturity_text":"due September 1, 2033","principal_text":"$4.55 million"},"claim":"Ballston Spa Bancorp, Inc. incurred debt of $4.55 million at floating rate maturing due September 1, 2033.","evidence_excerpt":"and (ii) $4.55 million of its floating rate junior subordinated debt securities due September 1, 2033 (collectively, the “Notes”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000943374-26-000157","anchor_url":"https://secwatch.observer/filing/0000943374-26-000157#claim-6a22c614f149135cc2660f7f3f85dc625187ef1a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/2094107/000094337426000157/0000943374-26-000157-index.htm"},{"fact_type":"debt_financing","fact_key":"f62eb0268a25325f8b2c7ca2f266c0d9a9ce0354","cik":2094107,"ticker":"BSPA","company_name":"Ballston Spa Bancorp, Inc.","filed_at":"2026-04-01T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2026-04-01","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":"fixed-to-floating rate","item_codes_triggered":["2.03"],"maturity_text":"due June 30, 2030","principal_text":"$5.0 million"},"claim":"Ballston Spa Bancorp, Inc. incurred senior notes of $5.0 million at fixed-to-floating rate maturing due June 30, 2030.","evidence_excerpt":"the Company assumed NBC’s obligations as required by the indentures and certain related agreements with respect to NBC’s subordinated securities, consisting of (i) $5.0 million of its fixed-to-floating rate junior subordinated debt securities due June 30, 2030,","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000943374-26-000157","anchor_url":"https://secwatch.observer/filing/0000943374-26-000157#claim-f62eb0268a25325f8b2c7ca2f266c0d9a9ce0354","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/2094107/000094337426000157/0000943374-26-000157-index.htm"},{"fact_type":"ma_transaction","fact_key":"4ec49cd23499696719356bc7594387812ddabde7","cik":2094107,"ticker":"BSPA","company_name":"Ballston Spa Bancorp, Inc.","filed_at":"2026-04-01T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2026-04-01","consideration_text":null,"counterparty":"NBC Bancorp, Inc.","effective_date":"2026-04-01","item_codes_triggered":["2.01"]},"claim":"Ballston Spa Bancorp, Inc. completed an acquisition involving NBC Bancorp, Inc. (closed 2026-04-01).","evidence_excerpt":"Effective on April 1, 2026, 12:01 a.m., Ballston Spa Bancorp, Inc., a New York corporation (the “Company”), completed its previously announced combination with NBC Bancorp, Inc., a New York corporation (“NBC”), pursuant to the Agreement and Plan of Merger, dated as of September 23, 2025 (the “Merger Agreement”), by and between the Company and NBC, pursuant to which NBC merged with and into the Company, with the Company as the surviving entity (the “Merger”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000943374-26-000157","anchor_url":"https://secwatch.observer/filing/0000943374-26-000157#claim-4ec49cd23499696719356bc7594387812ddabde7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/2094107/000094337426000157/0000943374-26-000157-index.htm"},{"fact_type":"debt_financing","fact_key":"0fcf5c91f21c14e25fa43a3dfdda538477c70d72","cik":2094107,"ticker":"BSPA","company_name":"Ballston Spa Bancorp, Inc.","filed_at":"2026-03-25T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2026-03-25","event":"incurrence","instrument_type":"senior_notes","interest_rate_text":"7.375%","item_codes_triggered":["2.03"],"maturity_text":"April 1, 2036","principal_text":"$26.0 million"},"claim":"Ballston Spa Bancorp, Inc. incurred senior notes of $26.0 million at 7.375% maturing April 1, 2036.","evidence_excerpt":"the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-26-034602","anchor_url":"https://secwatch.observer/filing/0001104659-26-034602#claim-0fcf5c91f21c14e25fa43a3dfdda538477c70d72","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/2094107/000110465926034602/0001104659-26-034602-index.htm"},{"fact_type":"material_agreement","fact_key":"9e0612db176ca8013122f74024e74839a783e02a","cik":2094107,"ticker":"BSPA","company_name":"Ballston Spa Bancorp, Inc.","filed_at":"2026-03-25T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Subordinated Note Purchase Agreements","agreement_type":"notes_offering","counterparty":"certain qualified institutional buyers and institutional accredited investors","effective_date":"2026-03-25","item_codes_triggered":["1.01"],"value_text":"$26.0 million"},"claim":"Ballston Spa Bancorp, Inc. entered into Subordinated Note Purchase Agreements with certain qualified institutional buyers and institutional accredited investors valued at $26.0 million (effective 2026-03-25).","evidence_excerpt":"On March 25, 2026, Ballston Spa Bancorp, Inc. (the \"Company\") entered into Subordinated Note Purchase Agreements (collectively, the \"Subordinated Note Purchase Agreements\") with certain qualified institutional buyers and institutional accredited investors (collectively, the \"Subordinated Note Purchasers\") pursuant to which the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-26-034602","anchor_url":"https://secwatch.observer/filing/0001104659-26-034602#claim-9e0612db176ca8013122f74024e74839a783e02a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/2094107/000110465926034602/0001104659-26-034602-index.htm"}]}