secwatch.observer — SEC 8-K summary
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Issuer:     Ballston Spa Bancorp, Inc. (BSPA)
CIK:        0002094107
Form:       8-K/A
Filed at:   2026-06-12T20:01:02+00:00
Accession:  0001104659-26-073409
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ballston Spa Bancorp files NBC Bancorp 2025 audited financials after merger close
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- NBC Bancorp total assets $511.5M at Dec 31, 2025; deposits $451.1M; net loans $362.7M.
- Net income 2025 $1.08M (down 11% from $1.22M in 2024); net interest income $12.75M.
- Merger-related expenses $444,727; provision for credit losses reversed $350,000.
- Stockholders' equity $36.2M (up from $31.7M); accumulated OCI improved by $3.45M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2094107/000110465926073409/0001104659-26-073409-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2094107/000110465926073409/tm2617581d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-073409

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer