{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-21-013692","form_type":"8-K","ticker":"CLST","cik":"0001849867","company_name":"Catalyst Bancorp, Inc.","filed_at":"2021-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:14.718547+00:00","generated_at":"2026-06-28T16:58:53.281543+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Catalyst Bancorp Q3 net income $1.4M; IPO raises $52.9M; CDFI grant $1.8M","bullets":["Net income $1.4M in Q3 2021 vs $260K in Q2; driven by $1.8M CDFI Rapid Response Program grant recognized in non-interest income.","Completed IPO on Oct 12, 2021: sold 5,290,000 shares at $10 each for $52.9M; began trading on Nasdaq under \"CLST\" on Oct 13.","Loans fell $3.6M (-2.5%) to $136.7M; NPAs down 7.9% to $1.8M; allowance for loan losses 1.94% of total loans.","Deposits up $71.9M (+40%) to $249.5M due to IPO subscription cash; net interest margin decreased to 2.84% from 3.30%.","No provision for loan losses in Q3 vs reversal of $286K in Q2; net charge-offs minimal at $3K."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-21-013692","json":"https://secwatch.observer/filing/0001558370-21-013692.json","markdown":"https://secwatch.observer/filing/0001558370-21-013692.md","text":"https://secwatch.observer/filing/0001558370-21-013692.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1849867/000155837021013692/0001558370-21-013692-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1849867/000155837021013692/clst-20211028x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T16:58:53.281543+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}