---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-000498"
form_type: "8-K"
ticker: "CLST"
cik: "0001849867"
company_name: "Catalyst Bancorp, Inc."
filed_at: "2022-01-27T23:59:59+00:00"
generated_at: "2026-06-27T15:05:09.949284+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Catalyst Bancorp Q4 net income $83K vs $1.4M in Q3; full-year net income $1.9M

## Summary
- Net income for Q4 2021 was $83,000, down from $1.4M in Q3 2021 which included a $1.8M CDFI grant.
- Full-year 2021 net income of $1.9M vs. net loss in 2020; net interest income $1.7M for Q4, up 3% QoQ.
- Loans receivable $131.8M, down 4% from Sept 30; commercial real estate fell $5.0M on a $4.3M hotel pay-off.
- Non-performing assets $1.2M, down 7% QoQ; allowance for loan losses reversed $374K during Q4.
- Total deposits $176.8M, down 29% as IPO subscription deposits of $72.9M were returned after offering.

## SEC filing metadata
- accession: 0001558370-22-000498
- form_type: 8-K
- ticker: CLST
- cik: 0001849867
- company_name: Catalyst Bancorp, Inc.
- filed_at: 2022-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849867/000155837022000498/0001558370-22-000498-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849867/000155837022000498/clst-20220127x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-000498
- JSON: https://secwatch.observer/filing/0001558370-22-000498.json
- Plain text: https://secwatch.observer/filing/0001558370-22-000498.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.