Ballston Spa Bancorp, Inc. (BSPA)

Ballston Spa Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	39.37	38.65	35.48	29.65	22.48	21.18
Interest Income on Investments	4.13	4.29	4.42	4.59	3.13	1.73
Total Interest Income	43.5	42.93	39.9	34.24	25.61	22.91
Interest Paid on Deposits	13.85	13.36	12.59	8.19	1.69	0.86
Interest Paid on Borrowings	3.27	3.56	3.57	2.66	1.02	1.06
Total Interest Expense	17.12	16.92	16.16	10.85	2.71	1.92
Net Interest Income	26.37	26.01	23.74	23.38	22.9	20.99
Net Interest Income Growth (YoY)	8.56%	9.57%	1.51%	2.10%	9.11%	4.32%
Trust Income	1.59	1.55	1.48	1.24	1.1	1.19
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.49
Gain (Loss) on Sale of Investments	-	-	-	-1.36	-1.13	-
Other Non-Interest Income	1.74	1.79	1.82	1.42	2.03	1.81
Total Non-Interest Income	4.44	4.3	4	1.91	2.67	4.47
Non-Interest Income Growth (YoY)	16.19%	7.49%	109.63%	-28.52%	-40.24%	4.41%
Revenues Before Loan Losses	30.82	30.31	27.74	25.29	25.58	25.46
Provision for Loan Losses	0.66	0.63	0.6	0.48	0.36	0.76
Revenue	30.16	29.68	27.14	24.81	25.22	24.71
Revenue Growth (YoY)	9.47%	9.37%	9.38%	-1.59%	2.06%	6.32%
Salaries and Employee Benefits	14.55	14.06	12.79	11.94	10.71	11.36
Occupancy Expenses	2.77	2.52	2.01	1.9	1.8	1.71
Federal Deposit Insurance	0.82	0.79	0.79	0.73	0.52	0.52
Selling, General & Administrative	2.32	2.33	2.54	2.32	2.34	1.92
Other Non-Interest Expense	2.94	2.86	2.69	2.67	2.65	2.53
Total Non-Interest Expense	23.4	22.55	20.82	19.57	18.01	18.04
EBT Excluding Unusual Items	6.75	7.13	6.32	5.25	7.2	6.67
Pretax Income	4.48	5.6	6.32	5.25	7.2	6.67
Income Tax Expense	0.99	1.07	1.19	0.84	1.11	1.51
Net Income	3.48	4.54	5.13	4.41	6.09	5.15
Net Income to Common	3.48	4.54	5.13	4.41	6.09	5.15
Net Income Growth	-33.08%	-11.52%	16.46%	-27.70%	18.22%	3.31%
Basic Shares Outstanding	1	1	1	1	1	1
Diluted Shares Outstanding	1	1	1	1	1	1
EPS (Basic)	4.69	6.11	6.91	5.93	8.20	6.94
EPS (Diluted)	4.69	6.11	6.91	5.93	8.20	6.94
EPS Growth	-33.11%	-11.52%	16.46%	-27.70%	18.22%	3.31%
Dividend Per Share	1.320	1.320	1.320	1.320	1.320	1.320
Dividend Growth	33.33%	-	-	-	-	-
Effective Tax Rate	22.19%	19.00%	18.86%	16.01%	15.39%	22.71%

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

May 31, 2026

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