NSTS Bancorp Inc
For the period ended Sep 30, 2024. Filed Nov 13, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 13, 2024
NSTS$14.26+0.5%Stored close · as of Sep 30, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. CONSOLIDATED BALANCE SHEETS
Consolidated Balance Sheets
| (unaudited) | December 31, 2023 | |
|---|---|---|
| (Dollars in thousands) | ||
| Assets: | ||
| Cash and due from banks | $1,027 | $1,000 |
| Interest-bearing bank deposits | 33,565 | 30,388 |
| Cash and cash equivalents | 34,592 | 31,388 |
| Time deposits with other financial institutions | 1,494 | 1,991 |
| Securities available for sale | 75,240 | 82,135 |
| Federal Home Loan Bank stock (FHLB) | 585 | 550 |
| Loans held for sale | 3,120 | 380 |
| Loans, net of unearned income | 135,082 | 121,799 |
| Allowance for credit losses on loans | (1,271) | (1,176) |
| Loans, net | 133,811 | 120,623 |
| Premises and equipment, net | 5,250 | 5,285 |
| Accrued interest receivable | 855 | 758 |
| Bank-owned life insurance (BOLI) | 9,603 | 9,441 |
| Other assets | 3,889 | 4,225 |
| Total assets | $268,439 | $256,776 |
| Liabilities: | ||
| Deposits: | ||
| Noninterest bearing | $10,599 | $12,424 |
| Interest-bearing | ||
| Demand and NOW checking | 15,127 | 15,346 |
| Money market | 28,878 | 32,027 |
| Savings | 40,223 | 41,774 |
| Time deposits over $250,000 | 17,351 | 9,975 |
| Other time deposits | 67,709 | 57,280 |
| Total deposits | 179,887 | 168,826 |
| Escrow deposits | 874 | 1,382 |
| Other borrowings | 5,000 | 5,000 |
| Accrued expenses and other liabilities | 4,242 | 4,023 |
| Total liabilities | $190,003 | $179,231 |
| Stockholders' equity: | ||
| Common Stock ($0.01 par value; 10,000,000 shares authorized; 5,275,013 shares outstanding at September 30, 2024 and 5,315,261 shares at December 31, 2023) | 56 | 56 |
| Treasury Stock, at cost (310,146 shares at September 30, 2024 and 269,898 shares at December 31, 2023) | (2,792) | (2,381) |
| Additional paid-in capital | 51,410 | 50,920 |
| Retained earnings | 40,312 | 41,055 |
| Unallocated common shares held by ESOP | (3,723) | (3,882) |
| Accumulated other comprehensive loss, net | (6,827) | (8,223) |
| Total stockholders' equity | 78,436 | 77,545 |
| Total liabilities and stockholders' equity | $268,439 | $256,776 |
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