earnings
confidence high
sentiment positive
materiality 0.50
Catalyst Bancorp Q3 net income $170K, up from $39K; loans grow 2% QoQ
Catalyst Bancorp, Inc.
2023-Q3 EPS reported
$0.06
- Net income of $170K for Q3 2023, compared to $39K in Q2 2023.
- Loans grew $2.2M (2%) to $135.7M, led by C&I and construction loans.
- Net interest margin expanded 11 bps to 3.13% for Q3 2023.
- Repurchased 81,252 shares at avg $12.33 under April 2023 repurchase plan.
- Deposits fell $6.2M (4%) to $165.2M; uninsured deposits at $45.2M.