---
schema_version: "secwatch.filing_event.v1"
accession: "0001849867-23-000030"
form_type: "8-K"
ticker: "CLST"
cik: "0001849867"
company_name: "Catalyst Bancorp, Inc."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:55:21.810504+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Catalyst Bancorp Q2 net income falls to $39k; deposit outflows and NIM compression weigh

## Summary
- Net income $39,000 in Q2 2023, halved from $73,000 in Q1; EPS not disclosed.
- Net interest margin 3.02%, down 8bps QoQ; net interest income $1.9M, down 3% from Q1.
- Deposits fell $8.3M (5%) to $171.4M; public fund deposits dropped from $40.1M to $24.7M.
- Repurchased 129,070 shares at avg $10.65; 156,542 shares remain under April 2023 plan.
- Unrealized losses on AFS securities increased to $10.9M from $10.1M; NPAs at 0.82% of assets.

## SEC filing metadata
- accession: 0001849867-23-000030
- form_type: 8-K
- ticker: CLST
- cik: 0001849867
- company_name: Catalyst Bancorp, Inc.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1849867/000184986723000030/0001849867-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849867/000184986723000030/clst-20230727x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849867-23-000030
- JSON: https://secwatch.observer/filing/0001849867-23-000030.json
- Plain text: https://secwatch.observer/filing/0001849867-23-000030.txt

## Key facts
- Earnings Releases
  Catalyst Bancorp, Inc. reported the second quarter of 2023 results: net income $39,000.
  - Period: the second quarter of 2023
  - Net income: $39,000
  - Result: reported results
  source text: For the quarter, the Company reported net income of $39,000, compared to $73,000 for the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849867/000184986723000030/0001849867-23-000030-index.htm

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