Catalyst 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
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) · · · | ||||||
| · · September 30, · · December 31, | ||||||
| (Dollars in thousands) · · 2024 · · 2023 | ||||||
| ASSETS · · | ||||||
| Non-interest-bearing cash | | $3,625 | | $3,654 | ||
| Interest-bearing cash and due from banks | | 42,128 | | 15,357 | ||
| Total cash and cash equivalents | | 45,753 | | 19,011 | ||
| Investment securities: | | | ||||
| Securities available-for-sale, at fair value (amortized cost of $35,589 and $79,701, respectively) | | 32,196 | | 70,540 | ||
| Securities held-to-maturity (fair values of $11,699 and $11,227, respectively) | | 13,450 | | 13,461 | ||
| Loans receivable, net of unearned income | | 165,882 | | 144,920 | ||
| Allowance for loan losses | | (2,414) | | (2,124) | ||
| Loans receivable, net | | 163,468 | | 142,796 | ||
| Accrued interest receivable | | 815 | | 906 | ||
| Foreclosed assets | | 173 | | 60 | ||
| Premises and equipment, net | | 6,135 | | 6,072 | ||
| Stock in correspondent banks, at cost | | 1,939 | | 1,878 | ||
| Bank-owned life insurance | | 14,370 | | 14,026 | ||
| Other assets | | 2,318 | | 2,182 | ||
| TOTAL ASSETS | | $280,617 | | $270,932 | ||
| | | | ||||
| LIABILITIES | | | ||||
| Deposits | | | ||||
| Non-interest-bearing | | $27,904 | | $28,183 | ||
| Interest-bearing | | 139,532 | | 137,439 | ||
| Total deposits | | 167,436 | | 165,622 | ||
| Borrowings | | 29,513 | | 19,378 | ||
| Other liabilities | | 2,001 | | 1,373 | ||
| TOTAL LIABILITIES | | 198,950 | | 186,373 | ||
| | | | ||||
| 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; 4,399,127 and 4,761,326 issued and outstanding at September 30, 2024 and December 31, 2023, respectively | | | 44 | | | 48 |
| Additional paid-in capital | | | 40,847 | | | 45,020 |
| Unallocated common stock held by benefit plans | | | (5,777) | | | (6,221) |
| Retained earnings | | 49,234 | | 52,949 | ||
| Accumulated other comprehensive income (loss) | | (2,681) | | (7,237) | ||
| TOTAL SHAREHOLDERS' EQUITY | | 81,667 | | 84,559 | ||
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | | $280,617 | | $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.