{"id":12294,"date":"2013-05-08T12:15:01","date_gmt":"2013-05-08T16:15:01","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2013\/05\/ballston-spa-bancorp-net-income.html"},"modified":"2017-11-08T13:55:56","modified_gmt":"2017-11-08T18:55:56","slug":"ballston-spa-bancorp-net-income","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2013\/05\/ballston-spa-bancorp-net-income\/","title":{"rendered":"Ballston Spa Bancorp Inc. Reports Net Income"},"content":{"rendered":"

Ballston Spa Bancorp Inc.<\/b>, parent
\ncompany of Ballston Spa National Bank reported
\nthat net income for the year ending
\nDecember 31 increased to $2.2 million or $2.97
\nper share, up 1.4 percent from the $2.93 per
\nshare reported in 2011.<\/p>\n

Several factors contributed to the improved
\nperformance including strong loan production,
\nincreased non-interest income, and effective
\ncost management, company officials said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ballston Spa Bancorp Inc., parent company of Ballston Spa National Bank reported that net income for the year ending December 31 increased to $2.2 million or $2.97 per share, up 1.4 percent from the $2.93 per share reported in 2011….<\/p>\n","protected":false},"author":121,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,53,56],"class_list":["post-12294","post","type-post","status-publish","format-standard","hentry","category-business-briefs","tag-ballston-spa","tag-banking","tag-business-briefs"],"yoast_head":"\r\nBallston Spa Bancorp Inc. 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