---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-006219"
form_type: "8-K"
ticker: "CLST"
cik: "0001849867"
company_name: "Catalyst Bancorp, Inc."
filed_at: "2022-04-28T23:59:59+00:00"
generated_at: "2026-06-26T03:36:10.204377+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Catalyst Bancorp posts Q1 net loss of $131K; NPA ratio rises to 0.55%

## Summary
- Net loss of $131,000 in Q1 2022 vs. net income of $83,000 in Q4 2021; diluted EPS not disclosed.
- Non-performing assets up 29% to $1.6M (0.55% of assets); non-performing loans up 42% to $1.3M.
- Net interest income $1.8M, up 3% from Q4; net interest margin (TE) improved to 2.61% from 2.48%.
- Unrealized losses on AFS securities surged to $5.7M from $864K due to rising market rates.
- Deposits grew 4% to $183.1M; loans flat at $132.0M with $1.9M PPP payoffs during quarter.

## SEC filing metadata
- accession: 0001558370-22-006219
- form_type: 8-K
- ticker: CLST
- cik: 0001849867
- company_name: Catalyst Bancorp, Inc.
- filed_at: 2022-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849867/000155837022006219/0001558370-22-006219-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849867/000155837022006219/clst-20220428x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-006219
- JSON: https://secwatch.observer/filing/0001558370-22-006219.json
- Plain text: https://secwatch.observer/filing/0001558370-22-006219.txt

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