---
schema_version: "secwatch.filing_event.v1"
accession: "0001849867-22-000014"
form_type: "8-K"
ticker: "CLST"
cik: "0001849867"
company_name: "Catalyst Bancorp, Inc."
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:13:54.714227+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Catalyst Bancorp posts Q3 net income of $139K; loans down, NPAs rise to 0.68%

## Summary
- Net income $139,000 (+$121,000 QoQ); net interest margin 2.75% (+4 bps).
- Loans fell 1% to $131.7M; deposits grew 3% to $184.2M.
- Non-performing assets up 19% to $1.9M (0.68% of assets vs 0.57% prior).
- Allowance for loan losses decreased to 1.37% of loans from 1.48%.
- Rebranding costs fell to $28K from $208K; prior Q2 had $171K CDFI grant.

## SEC filing metadata
- accession: 0001849867-22-000014
- form_type: 8-K
- ticker: CLST
- cik: 0001849867
- company_name: Catalyst Bancorp, Inc.
- filed_at: 2022-10-27T23:59:59+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/1849867/000184986722000014/0001849867-22-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849867/000184986722000014/clst-20221027x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849867-22-000014
- JSON: https://secwatch.observer/filing/0001849867-22-000014.json
- Plain text: https://secwatch.observer/filing/0001849867-22-000014.txt

## Key facts
- Earnings Releases
  Catalyst Bancorp, Inc. reported the third quarter of 2022 results: net income $139,000.
  - Period: the third quarter of 2022
  - Net income: $139,000
  - Result: reported results
  source text: For the quarter, the Company reported net income of $139,000, up $121,000 from the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849867/000184986722000014/0001849867-22-000014-index.htm

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