---
schema_version: "secwatch.filing_event.v1"
accession: "0001849867-24-000023"
form_type: "8-K"
ticker: "CLST"
cik: "0001849867"
company_name: "Catalyst Bancorp, Inc."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:29:55.558436+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Catalyst Bancorp Q2 net income $527K vs Q1 loss of $4.7M; loans up 7% QoQ

## Summary
- Net income of $527,000 for Q2 2024, compared to net loss of $4.7M in Q1 2024 (included $5.5M loss on sale of securities).
- Loans totaled $153.3M, up $9.8M (7%) from March 31, 2024, driven by commercial and industrial growth (52% increase).
- Net interest margin expanded 60 bps to 3.72% in Q2; net interest income up 17% QoQ to $2.4M.
- Repurchased 79,802 shares at average cost $11.88 during Q2; 172,527 shares remain available under plan.
- Non-interest expense down 26% QoQ to $2.1M as Q1 included $560K in core system conversion costs.

## SEC filing metadata
- accession: 0001849867-24-000023
- form_type: 8-K
- ticker: CLST
- cik: 0001849867
- company_name: Catalyst Bancorp, Inc.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849867/000184986724000023/0001849867-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849867/000184986724000023/clst-20240731x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849867-24-000023
- JSON: https://secwatch.observer/filing/0001849867-24-000023.json
- Plain text: https://secwatch.observer/filing/0001849867-24-000023.txt

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