Ballston Spa Bancorp, Inc. Reports Earnings Results for the Nine Months Ended September 30, 2018
October 14, 2018
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Ballston Spa Bancorp, Inc. announced earnings results for the nine months ended September 30, 2018. For the nine months, the company announced net interest income was USD 13.710 million compared to USD 11.979 million a year ago. Net income was USD 3.906 million compared to USD 2.312 million a year ago. Basic earnings per share was USD 5.26 compared to USD 3.11 a year ago.
Ballston Spa Bancorp, Inc. is a financial holding company. The Company operates, through its banking subsidiary, Ballston Spa National Bank (the Bank). The Bank is a community-based commercial bank and provides a range of banking, financing, fiduciary, brokerage and other financial services to corporate, municipal, and individual customers. The Bank offers checking accounts, savings and money market accounts, health savings account, certificates of deposits (CDs) and individual retirement accounts (IRAs), relationship banking, debit card, gift/travel card and perk programs. It also offers business checking accounts, commercial loans, small business loans, business credit cards, treasury management, and online and mobile banking. The Bank operates approximately 13 branches.