Ballston Spa Bancorp, Inc. incurred debt of $4.55 million at floating rate maturing due September 1, 2033.
“and (ii) $4.55 million of its floating rate junior subordinated debt securities due September 1, 2033 (collectively, the “Notes”).”
Ballston Spa Bancorp, Inc. — fact timeline
Source-grounded facts extracted from Ballston Spa Bancorp, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Ballston Spa Bancorp, Inc. incurred senior notes of $5.0 million at fixed-to-floating rate maturing due June 30, 2030.
“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,”
Ballston Spa Bancorp, Inc. completed an acquisition involving NBC Bancorp, Inc. (closed 2026-04-01).
“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”).”
Ballston Spa Bancorp, Inc. incurred senior notes of $26.0 million at 7.375% maturing April 1, 2036.
“the Company issued $26.0 million in aggregate principal amount of its 7.375% Fixed-to-Floating Rate Subordinated Notes due 2036”
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).
“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”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.