secwatch.observer — SEC 8-K summary
======================================

Issuer:     Catalyst Bancorp, Inc. (CLST)
CIK:        0001849867
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001849867-23-000017
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q1 net income $73K; board approves second share repurchase plan for 5% of shares
--------------------------------------------------------------------------------

- Net income $73,000 for Q1 2023, down from $171,000 in Q4 2022.
- Net interest margin 3.10%, up 14 bps QoQ; total deposits up $14.6M (9%) from Dec 2022.
- Board approved second share repurchase plan for up to 252,000 shares (~5% of outstanding).
- Completed prior buyback of 265,000 shares at avg $12.62; total risk-based capital ratio 57.69%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849867/000184986723000017/0001849867-23-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849867/000184986723000017/clst-20230427x8k.htm
  HTML page:      https://secwatch.observer/filing/0001849867-23-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer