---
schema_version: "secwatch.filing_event.v1"
accession: "0001849867-23-000004"
form_type: "8-K"
ticker: "CLST"
cik: "0001849867"
company_name: "Catalyst Bancorp, Inc."
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:29:00.471255+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Catalyst Bancorp Q4 net income rises 27% to $171K; approves first share repurchase plan

## Summary
- Q4 2022 net income $171K, up 27% from Q3 2022; net interest margin 2.96%, up 21 bps.
- Loans grew 1% to $133.6M; deposits decreased 10% to $165.1M.
- Board authorizes repurchase of up to 265,000 shares (~5% of outstanding common stock).
- Non-performing assets $2.0M (0.76% of total assets); allowance 1.35% of loans.
- No provision for loan losses; net loan recoveries of $3K in Q4.

## SEC filing metadata
- accession: 0001849867-23-000004
- form_type: 8-K
- ticker: CLST
- cik: 0001849867
- company_name: Catalyst Bancorp, Inc.
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849867/000184986723000004/0001849867-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849867/000184986723000004/clst-20230126x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849867-23-000004
- JSON: https://secwatch.observer/filing/0001849867-23-000004.json
- Plain text: https://secwatch.observer/filing/0001849867-23-000004.txt

## Key facts
- Earnings Releases
  Catalyst Bancorp, Inc. reported the fourth quarter of 2022 results: net income $171,000.
  - Period: the fourth quarter of 2022
  - Net income: $171,000
  - Result: reported results
  source text: Catalyst Bancorp, Inc. (Nasdaq: “CLST”) (the “Company”), the parent company for Catalyst Bank (the “Bank”) (www.catalystbank.com), reported financial results for the fourth quarter of 2022. For the quarter, the Company reported net income of $171,000, up $36,000, or 27%, from the third quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849867/000184986723000004/0001849867-23-000004-index.htm

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