Ballston Spa National Bank
Ballston Spa, New York, Saratoga County
$1.4B in total assets, the 824th largest of 4,309 US banks and 58th of 126 headquartered in New York.
- FDIC certificate
- 6959
- Established
- 1838
- Owned by
- Ballston Spa Bcorp Inc
- Primary regulator
- OCC
- Website
- www.nbcoxsackie.com
At a glance
Compared with 44 banks headquartered in New York with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.4B | 16% | $2.5B | |
| Loans | $1.1B | 32% | $1.9B | |
| Deposits | $1.2B | 23% | $2.1B | |
| Return on assets | 0.27% | 8% | 1.06% | |
| Net interest margin | 3.64% | 58% | 3.49% | |
| Efficiency ratio | 98.1% | 98% | 59.2% | |
| Equity to assets | 9.59% | 42% | 10.05% | |
| Loans to deposits | 92% | 65% | 86% |
Growth
Total assets grew 14.5% a year over the last 5 years and 12.7% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Apr 2026 | The National Bank of Coxsackie Coxsackie, NY | $517M |
Where they operate
21 branches in 4 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Saratoga County, NY | $702M | 10.4% | 5 of 15 |
| Greene County, NY | $293M | 8.1% | 3 of 7 |
| Albany County, NY | $168M | 1.0% | 13 of 17 |
| Schoharie County, NY | $40M | 5.9% | 4 of 6 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 10 branches since 2016 (11 to 21, +90.9%). 2 opened, 8 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 11 | |||
| 2017 | Opened Albany and Voorheesville | 2 | 0 | +2 | 13 |
| 2026 through Q2 | Acquired The National Bank of Coxsackie | 8 | 0 | +8 | 21 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 46% | 25% | |
| Commercial real estate | 27% | 27% | |
| Multifamily | 14% | 12% | |
| Consumer | 6% | 5% | |
| Business (C&I) | 4% | 20% | |
| Construction and land | 3% | 5% | |
| Other | 0% | 6% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 56% | 54% | |
| Time deposits | 22% | 28% | |
| Noninterest-bearing | 22% | 19% |
Brokered deposits are 7.1% of deposits (peers 3.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.23% | 0.72% |
| Net charge-offs, annualized | 0.02% | 0.03% |
| Reserves to loans | 1.18% | 1.00% |
| Leverage ratio | 8.74% | 10.24% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in New York
Largest competitors in Saratoga County, NY
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/ballston-spa