{"schema_version":"secwatch.filing_event.v1","accession":"0001849867-24-000003","form_type":"8-K","ticker":"CLST","cik":"0001849867","company_name":"Catalyst Bancorp, Inc.","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.005091+00:00","generated_at":"2026-06-06T18:30:46.409878+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Catalyst Bancorp Q4 net income $320K; loan growth $9.2M, strongest since IPO","bullets":["Q4 net income $320K including $371K CDFI grant; FY2023 net income $602K vs $180K in 2022.","Loan portfolio grew $9.2M (7%) in Q4 to $144.9M, led by construction and commercial real estate.","Net interest margin 3.14%, up 1 bps QoQ; total deposits flat at $165.6M.","Borrowings from BTFP increased to $10M at 4.83%; total borrowings $19.4M.","Expects ~$500K pre-tax costs in Q1 2024 for core system conversion, with >$200K annual savings."],"urls":{"canonical":"https://secwatch.observer/filing/0001849867-24-000003","json":"https://secwatch.observer/filing/0001849867-24-000003.json","markdown":"https://secwatch.observer/filing/0001849867-24-000003.md","text":"https://secwatch.observer/filing/0001849867-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1849867/000184986724000003/0001849867-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1849867/000184986724000003/clst-20240125x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:30:46.409878+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f426ce2e629bd6fcc01c91eb9297329915eaec00","claim":"Catalyst Bancorp, Inc. reported the fourth quarter of 2023 results: net income $320,000.","evidence_excerpt":"Catalyst Bancorp, Inc. Announces 2023 Fourth Quarter Results Opelousas, Louisiana – Catalyst Bancorp, Inc. (Nasdaq: “CLST”) (the “Company”), the parent company for Catalyst Bank (the “Bank”) (www.catalystbank.com), reported net income of $320,000 for the fourth quarter of 2023 which included a net pre-tax benefit of $371,000 due to a Bank Enterprise Award (“BEA”) Program grant from the Community Development Financial Institution (“CDFI”) Fund and a $92,000 loss on the sale of investment securities. For the year ended December 31, 2023, net income totaled $602,000, compared to $180,000 for 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1849867/000184986724000003/0001849867-24-000003-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Net income","value":"$320,000"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}