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BankHealth

BALLSTON SPA NATIONAL BANK

BALLSTON SPA, NEW YORK · FDIC Cert #6959

C
Health Score
61/100
$858M
Total Assets
$703M
Total Deposits
10.26%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, BALLSTON SPA NATIONAL BANK holds a Tier 1 capital ratio of 10.26%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning BALLSTON SPA NATIONAL BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.26%
Nonperforming Loans
Low — healthy loan portfolio
10.50%
Liquidity Ratio
Adequate liquidity
0.71%
Return on Assets
Low profitability
$703M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

BALLSTON SPA NATIONAL BANK shows average financial health. While not alarming, its Health Score of 61/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

BALLSTON SPA NATIONAL BANK has a Bank Health Score of C (61/100). It holds a Tier 1 capital ratio of 10.26%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

BALLSTON SPA NATIONAL BANK holds $858M in total assets and $703M in total deposits. It is located in BALLSTON SPA, NEW YORK (FDIC Certificate #6959).

BALLSTON SPA NATIONAL BANK has a Tier 1 capital ratio of 10.26%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.26%, and the return on assets is 0.71%.

Yes. BALLSTON SPA NATIONAL BANK is FDIC-insured (Certificate #6959). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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