Ballston Spa National Bank: how it compares with its peers
Against 32 NY banks with half to twice its assets, Ballston Spa National Bank's strongest measure in Q2 2026 is net interest margin (3.64% vs. a 3.63% peer median). Its weakest relative measure is efficiency ratio (98.05% vs. 70.24%).
| Measure | Ballston Spa National Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.09% | 0.96% | Bottom third Ahead of 13% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.64% | 3.63% | Middle third Ahead of 50% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 98.05% | 70.24% | Bottom third Ahead of 6% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $6.6M | $8.8M | Bottom third Ahead of 23% of peers |
| Loans to deposits Net loans and leases over total deposits. | 91.12% | 83.45% | Context |
What it means for lending operations
Its efficiency ratio of 98.05% is above the 70.24% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Ulster Savings Bank Kingston, NY · $1.39B
- Greene County Commercial Bank Catskill, NY · $1.32B
- Genesee Regional Bank Rochester, NY · $1.31B
- Rhinebeck Bank Rhinebeck, NY · $1.47B
- Pathfinder Bank Oswego, NY · $1.49B
- Bank of Utica Utica, NY · $1.51B
Questions about Ballston Spa National Bank
How big is Ballston Spa National Bank?
Ballston Spa National Bank, established in 1838, is headquartered in Ballston Spa, NY. It reported $1.37B in total assets in its Q2 2026 FDIC call report and operates 21 offices.
What is Ballston Spa National Bank's return on assets?
0.09% annualized in Q2 2026, against a 0.96% median for 32 NY banks with half to twice its assets, ahead of 13% of them.
What is Ballston Spa National Bank's efficiency ratio?
98.05% in Q2 2026: it spent about 98 cents in noninterest expense for each dollar of revenue. The peer median is 70.24%, and lower is better.
Is Ballston Spa National Bank growing its loans?
Net loans grew 41.9% over the year to Q2 2026, while deposits grew 68.6%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are NY banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every New York bank ranked.