CLST

OPELOUSAS, La., April 30, 2026 /PRNewswire/ -- Catalyst Bancorp, Inc. (Nasdaq: "CLST") (the "Company"), the parent company for Catalyst Bank (the "Bank") (www.catalystbank.com), reported net income of $558,000, or $0.15 per diluted common share ("diluted EPS"), for the first quarter of 2026, compared to net income of $456,000, or $0.13 diluted EPS, for the fourth quarter of 2025. The Company's net income for the first quarter of 2026 included professional fees of $95,000 (pre-tax) related to our agreement to acquire Lakeside Bancshares, Inc. and its subsidiary, Lakeside Bank (collectively referred to as "Lakeside"). "Our team is fully engaged in preparing for our growth in Southwest Louisiana through the Lakeside acquisition," said Joe Zanco, President and Chief Executive Officer of the Company and Bank. "At the same time, we remain focused on winning new business organically and expanding existing relationships. As a result of our team's efforts, we continue to see improvement in our financial performance." Loans Loans totaled $163.7 million at March 31, 2026, down $6.5 million, or 4%, from December 31, 2025. The following table sets forth the composition of the Company's loan portfolio as of the dates indicated. During the first quarter of 2026, a $5.9 million commercial and industrial loan relationship paid off after the sale of the borrower's business. The following table presents certain major segments of our commercial real estate, construction and land, and commercial and industrial loan balances as of the dates indicated. A $1.6 million construction loan, included in the health service facilities category in the table above, converted to a commercial real estate loan during the first quarter of 2026. Multi-family residential construction loan growth was largely driven by new apartment homes in Lafayette Parish. Credit Quality and Allowance for Credit Losses At March 31, 2026 and December 31, 2025, non-performing assets ("NPAs") totaled $2.7 million. The ratio of NPAs to total assets was 0.94% and 0.95% at March 31, 2026 and December 31, 2025, respectively. Non-performing loans ("NPLs") were 1.64% and 1.55% of total loans at March 31, 2026 and December 31, 2025, respectively. During the first quarter of 2026, a $304,000 commercial real estate loan was placed on non-accrual status. At March 31, 2026, 82% of total NPLs were one- to four-family residenti...

OPELOUSAS, La., Jan. 29, 2026 /PRNewswire/ -- Catalyst Bancorp, Inc. (Nasdaq: "CLST") (the "Company"), the parent company for Catalyst Bank (the "Bank") (www.catalystbank.com), reported net income of $456,000, or $0.13 per diluted common share ("diluted EPS"), for the fourth quarter of 2025, compared to net income of $489,000, or $0.13 diluted EPS, for the third quarter of 2025. For the year ended December 31, 2025, the Company reported net income of $2.1 million, or $0.56 diluted EPS, compared to a net loss of $3.1 million for the year ended December 31, 2024. "Loan growth was strong during the quarter," said Joe Zanco, President and Chief Executive Officer of the Company and Bank. "We're also pleased to see our net interest margin widen as funding costs declined." Loans Loans totaled $170.2 million at December 31, 2025, up $5.4 million, or 3%, from September 30, 2025. The following table sets forth the composition of the Company's loan portfolio as of the dates indicated. During the fourth quarter of 2025, a $2.2 million construction loan was converted to a fixed-rate residential mortgage loan. The increase in commercial and industrial loans during the fourth quarter of 2025 was largely driven by growth within the oilfield services segment of our loan portfolio. The following table presents certain major segments of our commercial real estate, construction and land, and commercial and industrial loan balances as of the dates indicated. Credit Quality and Allowance for Credit Losses At December 31, 2025, non-performing assets ("NPAs") totaled $2.7 million, compared to $1.9 million at September 30, 2025. The increase in NPAs was mainly due to an increase in non-accruing one- to four-family residential mortgage loans. The ratio of NPAs to total assets was 0.95% and 0.67% at December 31 and September 30, 2025, respectively. Non-performing loans ("NPLs") were 1.55% and 1.11% of total loans at December 31 and September 30, 2025, respectively. At December 31, 2025, 95% of total NPLs were one- to four-family residential mortgage loans, compared to 99% at September 30, 2025. At December 31, 2025, the allowance for credit losses on loans totaled $2.4 million, or 1.39% of total loans, compared to $2.4 million, or 1.45% of total loans, at September 30, 2025. The provision for credit losses was $96,000 for the fourth quarter of 2025, compared to a $36,000 reversal of p...

OPELOUSAS, La., Oct. 23, 2025 /PRNewswire/ -- Catalyst Bancorp, Inc. (Nasdaq: "CLST") (the "Company"), the parent company for Catalyst Bank (the "Bank") (www.catalystbank.com), reported net income of $489,000 for the third quarter of 2025, compared to net income of $521,000 for the second quarter of 2025. "Our team has done a good job attracting new deposit customers in 2025," said Joe Zanco, President and Chief Executive Officer of the Company and Bank. "While loan growth has been slow, we are beginning to see signs of increased economic activity, which we expect will spur loan growth opportunities in the coming quarters." Loans Loans totaled $164.8 million at September 30, 2025, down $2.8 million, or 2%, from June 30, 2025. The following table sets forth the composition of the Company's loan portfolio as of the dates indicated. In the third quarter of 2025, a $4.6 million construction loan paid-off and we received $1.0 million of total pay-downs on a commercial and industrial relationship that was downgraded to substandard during the first quarter of 2025. As of September 30, 2025, the classified commercial and industrial relationship totaled $2.1 million and all loans within the relationship were current and performing. Pay-offs and pay-downs during the third quarter of 2025 were partially offset by growth within the health and oilfield services segments of our loan portfolio. The following table presents certain major segments of our commercial real estate, construction and land, and commercial and industrial loan balances as of the dates indicated. Credit Quality and Allowance for Credit Losses At September 30, 2025, non-performing assets ("NPAs") totaled $1.9 million, compared to $1.8 million at June 30, 2025. The ratio of NPAs to total assets was 0.67% and 0.64% at September 30 and June 30, 2025, respectively. Non-performing loans ("NPLs") comprised 1.11% and 1.00% of total loans at September 30 and June 30, 2025, respectively. At September 30 and June 30, 2025, 99% of total NPLs were one- to four-family residential mortgage loans. At September 30 and June 30, 2025, the allowance for credit losses on loans totaled $2.4 million, or 1.45% of total loans. For the third quarter of 2025, we recorded a reversal of provision for credit losses of $36,000 largely due to a reduction in expected credit losses on individually evaluated loans and a decline in tota...

OPELOUSAS, La., July 24, 2025 /PRNewswire/ -- Catalyst Bancorp, Inc. (Nasdaq: "CLST") (the "Company"), the parent company for Catalyst Bank (the "Bank") (www.catalystbank.com), reported net income of $521,000 for the second quarter of 2025, compared to net income of $586,000 for the first quarter of 2025. "We're pleased to see both loan and deposit growth during the quarter," said Joe Zanco, President and Chief Executive Officer of the Company and Bank. "When given the opportunity to earn new business, our success rate remains strong. Our team continues to build momentum across our markets." Loans Loans totaled $167.6 million at June 30, 2025, up $1.5 million, or less than 1%, from March 31, 2025. The following table sets forth the composition of the Company's loan portfolio as of the dates indicated. In the second quarter of 2025, four construction loans totaling $14.5 million were converted to amortizing real estate loans following the completion of their respective construction projects. Of these, one loan totaling $2.9 million was classified as multi-family, while the remaining loans were designated as commercial real estate. The following table presents certain major segments of our commercial real estate, construction and land, and commercial and industrial loan balances as of the dates indicated. Credit Quality and Allowance for Credit Losses At June 30, 2025, non-performing assets ("NPAs") totaled $1.8 million, compared to $1.7 million at March 31, 2025. The ratio of NPAs to total assets was 0.64% and 0.63% at June 30, 2025 and March 31, 2025, respectively. Non-performing loans ("NPLs") comprised 1.00% and 0.99% of total loans at June 30, 2025 and March 31, 2025, respectively. At June 30, 2025 and March 31, 2025, 99% and 98% of total NPLs, respectively, were one- to four-family residential mortgage loans. At June 30, 2025, the allowance for credit losses on loans totaled $2.4 million, or 1.45% of total loans, compared to $2.5 million, or 1.51% of total loans, at March 31, 2025. The provision for credit losses was zero for the first and second quarters of 2025. Net loan charge-offs totaled $42,000 during the second quarter of 2025, compared to net charge-offs of $39,000 for the first quarter of 2025. Net loan charge-offs during the first and second quarters of 2025 were primarily related to residential mortgage loans and overdrawn deposit accounts. De...

Net income: US$586.0k (up from US$4.68m loss in 1Q 2024). EPS: US$0.16 (up from US$1.14 loss in 1Q 2024). Our free stock report includes 1 warning sign investors should be aware of before investing in Catalyst Bancorp. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Catalyst Bancorp shares are up 4.4% from a week ago. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Catalyst Bancorp that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

OPELOUSAS, La., April 24, 2025 /PRNewswire/ -- Catalyst Bancorp, Inc. (Nasdaq: "CLST") (the "Company"), the parent company for Catalyst Bank (the "Bank") (www.catalystbank.com), reported net income of $586,000 for the first quarter of 2025, compared to net income of $626,000 for the fourth quarter of 2024. "Loan growth was muted to start the year as market turbulence caused some of our customers to delay projects," said Joe Zanco, President and Chief Executive Officer of the Company and Bank. "On a brighter note, we were grateful to have received the 'Best Community Banks to Work For' Award at the ICBA's Live Conference in Nashville in March. Our employees continue to do a great job living our values of Truth, Humility, Impact, Now and Connection." Loans Loans totaled $166.1 million at March 31, 2025, down $1.0 million, or less than 1%, from December 31, 2024. The following table sets forth the composition of the Company's loan portfolio as of the dates indicated. The following table presents certain major segments of our commercial real estate, construction and land, and commercial and industrial loan balances as of the dates indicated. Credit Quality and Allowance for Credit Losses At March 31, 2025, non-performing assets ("NPAs") totaled $1.7 million, down $103,000, or 6%, from $1.8 million at December 31, 2024 primarily due to a decline in foreclosed assets. The ratio of NPAs to total assets was 0.63% and 0.66% at March 31, 2025 and December 31, 2024, respectively. Non-performing loans ("NPLs") comprised 0.99% and 0.98% of total loans at March 31, 2025 and December 31, 2024, respectively. At March 31, 2025 and December 31, 2024, 98% of total NPLs were one- to four-family residential mortgage loans. At both March 31, 2025 and December 31, 2024, the allowance for credit losses on loans totaled $2.5 million, or 1.51% of total loans. The provision for credit losses was zero for the first quarter of 2025 and the fourth quarter of 2024. Net loan charge-offs totaled $39,000 during the first quarter of 2025, compared to net charge-offs of $2,000 for the fourth quarter of 2024. Net loan charge-offs during the first quarter of 2025 were primarily related to residential mortgage loans and overdrawn deposit accounts. Deposits Total deposits were $180.6 million at March 31, 2025, down $5.1 million, or 3%, from December 31, 2024. Total deposits averaged $177.1 million...