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Ballston Spa National Bank, Coxsackie Bank announce $1.3B merger

Wed, 24 Sep 2025 08:31:24 -0400

Ballston Spa Bancorp Inc. (OTCPK: BSPA) and NBC Bancorp Inc. (OTCPK: NCXS) announced a merger of equals that will create a $1.3 billion community bank serving New York's Capital District region.

Under the agreement, NBC shareholders will receive 0.8065 shares of BSPA stock for each NBC share in a tax-free exchange. The transaction values NBC at approximately $26.0 million based on BSPA's current stock price of $68.21 per share. BSPA shareholders will own 66% of the combined entity, while NBC shareholders will own 34%.

The merged bank will operate under the Ballston Spa National Bank charter, with NBC locations branded as "Coxsackie

Ballston Spa National Bank, Coxsackie Bank announce $1.3B merger

Wed, 24 Sep 2025 08:31:24 -0400

Ballston Spa Bancorp Inc. (OTCPK: BSPA) and NBC Bancorp Inc. (OTCPK: NCXS) announced a merger of equals that will create a $1.3 billion community bank serving New York's Capital District region.

The merged bank will operate under the Ballston Spa National Bank charter, with NBC locations branded as "Coxsackie

Ballston Spa National Bank, Coxsackie Bank announce $1.3B merger

Wed, 24 Sep 2025 08:31:24 -0400

Ballston Spa Bancorp Inc. (OTCPK: BSPA) and NBC Bancorp Inc. (OTCPK: NCXS) announced a merger of equals that will create a $1.3 billion community bank serving New York's Capital District region.

The merged bank will operate under the Ballston Spa National Bank charter, with NBC locations branded as "Coxsackie

Ballston Spa National Bank, Coxsackie Bank announce $1.3B merger

Wed, 24 Sep 2025 08:31:24 -0400

Ballston Spa Bancorp Inc. (OTCPK: BSPA) and NBC Bancorp Inc. (OTCPK: NCXS) announced a merger of equals that will create a $1.3 billion community bank serving New York's Capital District region.

The merged bank will operate under the Ballston Spa National Bank charter, with NBC locations branded as "Coxsackie

Ballston Spa National Bank, Coxsackie Bank announce $1.3B merger

Wed, 24 Sep 2025 08:31:24 -0400

Ballston Spa Bancorp Inc. (OTCPK: BSPA) and NBC Bancorp Inc. (OTCPK: NCXS) announced a merger of equals that will create a $1.3 billion community bank serving New York's Capital District region.

The merged bank will operate under the Ballston Spa National Bank charter, with NBC locations branded as "Coxsackie

Ballston Spa National Bank, Coxsackie Bank announce $1.3B merger

Wed, 24 Sep 2025 08:31:24 -0400

Ballston Spa Bancorp Inc. (OTCPK: BSPA) and NBC Bancorp Inc. (OTCPK: NCXS) announced a merger of equals that will create a $1.3 billion community bank serving New York's Capital District region.

The merged bank will operate under the Ballston Spa National Bank charter, with NBC locations branded as "Coxsackie

Ballston Spa National Bank, Coxsackie Bank announce $1.3B merger

Wed, 24 Sep 2025 08:31:24 -0400

Ballston Spa Bancorp Inc. (OTCPK: BSPA) and NBC Bancorp Inc. (OTCPK: NCXS) announced a merger of equals that will create a $1.3 billion community bank serving New York's Capital District region.

The merged bank will operate under the Ballston Spa National Bank charter, with NBC locations branded as "Coxsackie

Ballston Spa National Bank, Coxsackie Bank announce $1.3B merger

Wed, 24 Sep 2025 08:31:24 -0400

Ballston Spa Bancorp Inc. (OTCPK: BSPA) and NBC Bancorp Inc. (OTCPK: NCXS) announced a merger of equals that will create a $1.3 billion community bank serving New York's Capital District region.

The merged bank will operate under the Ballston Spa National Bank charter, with NBC locations branded as "Coxsackie

BALLSTON SPA NATIONAL BANK AND THE NATIONAL BANK OF COXSACKIE ANNOUNCE STRATEGIC COMBINATION

Wed, 24 Sep 2025 08:30:00 -0400