Ballston Spa, NY · Cert 6959 · Ballston Spa Bcorp Inc.
National charter · OCC · 21 branches
Q2 2026
Market Position · Albany-Schenectady-Troy, NY · 2026 SOD (annual) · 2.9% share · #10 of 19 inst. · $0.9B of $31.2B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.60% | 0.60% | 0.63% | 0.61% | 0.60% | 0.55% | 0.18% | 0.09% | -53 bps | |
| Return on Equity | 7.49% | 7.44% | 7.57% | 7.33% | 7.20% | 6.55% | 1.92% | 0.94% | -639 bps | |
| Net Interest Margin | 2.83% | 2.77% | 2.97% | 2.95% | 2.88% | 2.92% | 3.05% | 2.59% | -36 bps | |
| Efficiency Ratio | 75.14% | 75.33% | 74.66% | 75.16% | 75.77% | 78.19% | 89.44% | 98.05% | +2,290 bps | |
| Non-Interest Burden | 2.01% | 1.97% | 2.12% | 2.11% | 2.08% | 2.18% | 2.68% | 2.52% | +41 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -2.78% | 9.14% | 5.85% | 6.31% | 4.24% | 3.59% | 4.78% | 50.06% | +4,375 bps | |
| Loan Growth (YoY) | 10.61% | 7.77% | 6.35% | 5.39% | 4.86% | 5.14% | 3.77% | 42.06% | +3,667 bps | |
| Deposit Growth (YoY) | -4.05% | 1.00% | 1.14% | 1.48% | 5.35% | 9.98% | 9.80% | 68.58% | +6,710 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.19% | 0.15% | 0.15% | 0.07% | 0.12% | 0.17% | 0.10% | 0.23% | +15 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.02% | 0.03% | 0.09% | 0.06% | 0.05% | 0.01% | 0.02% | -7 bps | |
| Allowance / Loans | 1.13% | 1.12% | 1.12% | 1.09% | 1.09% | 1.09% | 1.11% | 1.18% | +10 bps | |
| Allowance Coverage of NPLs | 5.8x | 7.3x | 7.7x | 14.7x | 9.3x | 6.3x | 11.4x | 5.2x | -9.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.12% | 8.41% | 8.51% | 8.66% | 8.36% | 8.45% | 10.65% | 8.74% | +8 bps | |
| Total Risk-Based Capital | 11.48% | 12.03% | 12.11% | 12.03% | 11.91% | 11.86% | 14.71% | 14.66% | +263 bps | |
| Equity / Assets | 7.91% | 8.24% | 8.43% | 8.48% | 8.44% | 8.44% | 10.42% | 9.59% | +111 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.70% | 109.70% | 104.18% | 109.44% | 98.23% | 104.86% | 98.46% | 92.22% | -1,722 bps | |
| Liquid Assets / Assets | 1.45% | 2.08% | 2.12% | 1.91% | 0.42% | 2.24% | 4.27% | 5.19% | +328 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 473% | 474% | 373% | n/a | n/a | |