Catalyst Bancorp Inc
For the period ended Mar 31, 2024. Filed May 15, 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.
Mar 31, 2024 · Filed May 15, 2024
CLST$17.32-2.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Financial Condition
| | | | | | | |
|---|---|---|---|---|---|---|
| · (Unaudited) · · · | ||||||
| · · March 31, · · December 31, | ||||||
| (Dollars in thousands) · · 2024 · · 2023 | ||||||
| ASSETS · · | ||||||
| Non-interest-bearing cash | | $3,118 | | $3,654 | ||
| Interest-bearing cash and due from banks | | 72,893 | | 15,357 | ||
| Total cash and cash equivalents | | 76,011 | | 19,011 | ||
| Investment securities: | | | ||||
| Securities available-for-sale, at fair value | | 25,534 | | 70,540 | ||
| Securities held-to-maturity (fair values of $11,127 and $11,227, respectively) | | 13,457 | | 13,461 | ||
| Loans receivable, net of unearned income | | 143,491 | | 144,920 | ||
| Allowance for loan losses | | (2,068) | | (2,124) | ||
| Loans receivable, net | | 141,423 | | 142,796 | ||
| Accrued interest receivable | | 733 | | 906 | ||
| Foreclosed assets | | 237 | | 60 | ||
| Premises and equipment, net | | 5,995 | | 6,072 | ||
| Stock in correspondent banks, at cost | | 1,898 | | 1,878 | ||
| Bank-owned life insurance | | 14,139 | | 14,026 | ||
| Other assets | | 2,622 | | 2,182 | ||
| TOTAL ASSETS | | $282,049 | | $270,932 | ||
| | | | ||||
| LIABILITIES | | | ||||
| Deposits | | | ||||
| Non-interest-bearing | | $28,836 | | $28,183 | ||
| Interest-bearing | | 140,801 | | 137,439 | ||
| Total deposits | | 169,637 | | 165,622 | ||
| Borrowings | | 29,423 | | 19,378 | ||
| Other liabilities | | 1,628 | | 1,277 | ||
| TOTAL LIABILITIES | | 200,688 | | 186,277 | ||
| | | | ||||
| SHAREHOLDERS' EQUITY | | | ||||
| Preferred stock, $0.01 par value - 5,000,000 shares authorized; none issued | | | - | | | - |
| Common stock, $0.01 par value; 30,000,000 shares authorized; 4,558,329 and 4,761,326 issued and outstanding at March 31, 2024 and December 31, 2023, respectively | | | 46 | | | 48 |
| Additional paid-in capital | | | 42,711 | | | 45,020 |
| Unallocated common stock held by benefit plans | | | (6,169) | | | (6,221) |
| Retained earnings | | 48,368 | | 53,045 | ||
| Accumulated other comprehensive income (loss) | | (3,595) | | (7,237) | ||
| TOTAL SHAREHOLDERS' EQUITY | | 81,361 | | 84,655 | ||
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | | $282,049 | | $270,932 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.