# EDGAR Filing Document

**Accession Number:** 0002094107
**File Stem:** 0000943374-26-000141
**Filing Date:** 2026-3
**Character Count:** 13605
**Document Hash:** a8446508421a81e365a42f347209761d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000943374-26-000141.hdr.sgml**: 20260323

**ACCESSION NUMBER**: 0000943374-26-000141

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20260323

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260323

**DATE AS OF CHANGE**: 20260323

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ballston Spa Bancorp, Inc.
- **CENTRAL INDEX KEY:** 0002094107
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 742245601
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-291808
- **FILM NUMBER:** 26782302

**BUSINESS ADDRESS:**
- **STREET 1:** 990 STATE ROUTE 67
- **CITY:** BALLSTON SPA
- **STATE:** NY
- **BUSINESS PHONE:** (518) 363-8199

**MAIL ADDRESS:**
- **STREET 1:** 990 STATE ROUTE 67
- **CITY:** BALLSTON SPA
- **STATE:** NY

?xml version='1.0' encoding='ASCII'?

#### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, D.C. 20549

#### FORM 8-K

#### CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 23, 2026

#### BALLSTON SPA BANCORP, INC.
(Exact name of registrant as specified in its charter)

<u>New York</u> <br> <u>333-291808</u> <br> <u>74-2245601</u> <br>(State or Other Jurisdiction of Incorporation) (Commission File No.) (I.R.S. Employer Identification No.)

<u>990 State Route 67, Ballston Spa, New York</u> <u>12020</u> <br> (Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code: (518) 363-8199

<u>Not Applicable</u>

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading**<br> **Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, par value $12.50 per share<br>| BSPA<br>| OTCQX |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Item 5.07 Submission of Matters to a Vote of Security Holders.**

On March 23, 2026, Ballston Spa Bancorp, Inc. (the "Company") held a Special Meeting of Shareholders (the "Special Meeting"). At the close of business on the record date for the Special Meeting, there were a total of 742,663 shares of Company common stock outstanding and entitled to vote at the Special Meeting. At the Special Meeting, 599,126 shares of common stock were represented, therefore a quorum was present. At the Special Meeting, the Company's shareholders voted on one proposal, as more specifically described in the joint proxy statement/prospectus of the Company and NBC Bancorp, Inc. ("NBC"), dated January 30, 2026 (the "joint proxy statement/prospectus"). Set forth below are the final results of shareholder votes for all proposals.

#### Proposal 1 – Merger Proposal
A proposal to approve the Agreement and Plan of Merger dated as of September 23, 2025, between Ballston Spa Bancorp, Inc. and NBC Bancorp, Inc., pursuant to which NBC will merge with and into the Company, with the Company as the surviving entity, was approved by the requisite two-thirds of all outstanding shares of the Company entitled to vote on the proposal, as indicated below:

---

| | | | |
|:---|:---|:---|:---|
| **For** | **Against**  | **Abstain** | **Broker Non-Votes** |
| 593057 | 745 | 5324 |  |

---

A vote on the adjournment proposal of the Special Meeting was not necessary because the Company's shareholders approved the merger proposal.

**Item 8.01 Other Events**

In addition, on March 23, 2026, NBC held a special meeting of its shareholders for the purpose of approving the merger agreement. The proposal was approved by NBC's shareholders. On March 23, 2026, the Company and NBC issued a joint press release announcing their respective shareholders had approved the merger agreement and announcing the anticipated closing date of their merger, subject to the satisfaction of customary closing conditions. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

#### Forward-Looking Statements
This document contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements about BSNB or NBC's beliefs, plans, strategies, predictions, forecasts, objectives, intentions, assumptions or expectations are not historical facts and may be forward-looking. Forward-looking statements are often, but not always, identified by such words as "believe," "expect," "anticipate," "can," "could," "may," "predict," "potential," "intend," "outlook," "estimate," "forecast," "project," "should," "will," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which may change over time. Because forward-looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those indicated in such forward-looking statements as a result of a variety of factors, many of which are beyond the control of BSNB and NBC. Such statements are based upon the current beliefs and expectations of the management of BSNB and NBC and are subject to significant risks and uncertainties outside of the control of the parties. Caution should be exercised against placing undue reliance on forward-looking statements. The factors that could cause actual results to differ materially include the following: the reaction to the transaction of the companies' customers, employees and counterparties; customer disintermediation; inflation; expected synergies, cost savings and other financial benefits of the proposed transaction might not be realized within the expected timeframes or might be less than projected; the requisite shareholder approvals for the proposed transaction might not be obtained; credit and interest rate risks associated with BSNB's and NBC's respective businesses, customers, borrowings, repayment, investment, and deposit practices; general economic conditions, either nationally or in the market areas in which BSNB and NBC operate or anticipate doing business, are less favorable than expected; new regulatory or legal requirements or obligations; and other risks. Any forward-looking statement speaks only as of the date on which it is made, and BSNB and

------

NBC undertake no obligation to update any forward-looking statement, whether to reflect events or circumstances after the date on which the statement is made, to reflect new information or the occurrence of unanticipated events, or otherwise.

---

| | |
|:---|:---|
| **Item 9.01** | **<u>Financial Statements and Exhibits</u>** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits.

---

| | |
|:---|:---|
| Exhibit No. | Description |
| [99](ex99-8k_032326.htm) | [Joint Press Release dated March 23, 2026](ex99-8k_032326.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

------

#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  |  | **BALLSTON SPA BANCORP, INC.** |
| DATE: March 23, 2026 | By: <br>| <u>/s/ Christopher Dowd</u>  |
|  |  | Christopher Dowd |
|  |  | President and Chief Executive Officer |

---

## Ex-99

**EXHIBIT 99**<br>

---

| | |
|:---|:---|
| ![](image1.jpg)<br>| ![](image0.jpg)<br>|

---

#### FOR IMMEDIATE RELEASE

#### BALLSTON SPA BANCORP, INC. AND NBC BANCORP, INC.

#### RECEIVE SHAREHOLDER APPROVALS TO COMPLETE PENDING MERGER; ANNOUNCE ANTICIPATED CLOSING DATE

**BALLSTON SPA, N.Y. AND COXSACKIE, N.Y.—March 23, 2026**—Ballston Spa Bancorp, Inc. (OTCQX: BSPA), holding company for Ballston Spa National Bank (collectively "BSNB"), and NBC Bancorp, Inc. (OTCID: NCXS), holding company for The National Bank of Coxsackie (collectively "NBC"), today jointly announced that the pending strategic merger transaction received shareholder approval at each of BSNB's and NBC's special meeting of shareholders held on March 23, 2026.

As previously announced on September 24, 2025, NCXS and The National Bank of Coxsackie will merge with and into BSPA and Ballston Spa National Bank, with BSPA and Ballston Spa National Bank each surviving the merger. At the effective time of the merger, each outstanding share of NBC common stock will be converted into the right to receive 0.8065 shares of BSNB such that BSNB shareholders will own approximately 66% of the combined company and NBC shareholders will own approximately 34%.

The Companies had also previously announced receipt of all requisite regulatory approvals to complete the merger of the holding companies and the merger of the subsidiary banks.

BSNB and NBC anticipate completing the merger on April 1, 2026, pending satisfaction of the remaining customary closing conditions set forth in the merger agreement between the companies.

#### Forward Looking Statements
This document contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements about BSNB or NBC's beliefs, plans, strategies, predictions, forecasts, objectives, intentions, assumptions or expectations are not historical facts and may be forward-looking. Forward-looking statements are often, but not always, identified by such words as "believe," "expect," "anticipate," "can," "could," "may," "predict," "potential," "intend," "outlook," "estimate," "forecast," "project," "should," "will," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which may change over time. Because forward-looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those indicated in such forward-looking statements as a result of a variety of factors, many of which are beyond the control of BSNB and NBC. Such statements are based upon the current beliefs and expectations of the management of BSNB and NBC and are subject to significant risks and uncertainties outside of the control of the parties. Caution should be exercised against placing undue reliance on forward-looking statements. The factors that could cause actual results to differ materially include the following: the reaction to the transaction of

------

the companies' customers, employees and counterparties; customer disintermediation; inflation; expected synergies, cost savings and other financial benefits of the proposed transaction might not be realized within the expected timeframes or might be less than projected; the requisite closing conditions for the proposed transaction might not be obtained; credit and interest rate risks associated with BSNB's and NBC's respective businesses, customers, borrowings, repayment, investment, and deposit practices; general economic conditions, either nationally or in the market areas in which BSNB and NBC operate or anticipate doing business, are less favorable than expected; new regulatory or legal requirements or obligations; and other risks.

Any forward-looking statement speaks only as of the date on which it is made, and BSNB and NBC undertake no obligation to update any forward-looking statement, whether to reflect events or circumstances after the date on which the statement is made, to reflect new information or the occurrence of unanticipated events, or otherwise.

#### Media contact or for more information:

#### Ballston Spa National Bank

#### Media:
Pamela J. Montpelier, Senior Vice President,<br> Growth and Experience Officer<br> (518) 363-8634<br> Pamela.Montpelier@bsnb.com

#### Investor Relations:
James Dodd, Executive Vice President, Chief Financial Officer

(518) 363-8651

James.Dodd@bsnb.com

#### National Bank of Coxsackie

#### Media:
Nicole Frisbee, Senior Vice President, Chief Administrative Officer

(518) 731-6161

nfrisbee@nbcoxsackie.com

#### Investor Relations:
Caitlin McCrea, Senior Vice President, Chief Financial Officer

(518) 731-6161

cmccrea@nbcoxsackie.com

\# \# \#

<br>