Ballston Spa Bancorp swings to Q2 net loss of $0.7 million; net interest income rises 69.84% to $10.7 million

• Ballston Spa Bancorp swung to a net loss of $700,000 in the second quarter from net income of $1.2 million.
• Net interest income climbed 69.84% to $10.7 million, while non-interest expense surged 141.07% to $13.5 million.
• Interest income rose 64.76% to $17.3 million, while interest expense increased 57.14% to $6.6 million.
• Non-interest income increased 70% to $1.7 million; provision for credit losses was no provision versus $150,000.
• April 1 merger with NBC Bancorp added $508.1 million of assets, including $340.6 million of gross loans, plus $456.9 million of deposits.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ballston Spa Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-097039), on August 14, 2026, and is solely responsible for the information contained therein.