---
schema_version: "secwatch.filing_event.v1"
accession: "0001849867-24-000025"
form_type: "8-K"
ticker: "CLST"
cik: "0001849867"
company_name: "Catalyst Bancorp, Inc."
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:37:36.359551+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Catalyst Bancorp Q3 net income $447K, down $80K; loan growth record $12.6M

## Summary
- Net income of $447K, down $80K from Q2 2024; includes $238K pre-tax CDFI grant.
- Loan portfolio grew $12.6M to $165.9M, an 8% increase, driven by construction and commercial.
- Net interest margin expanded 14 bps to 3.86% from prior quarter; net interest income up 3%.
- Deposits fell $12.6M to $167.4M; loan-to-deposit ratio rose to 99% from 85%.
- Non-performing assets declined to $1.6M (0.57% of assets) from $1.7M; allowance at 1.46%.

## SEC filing metadata
- accession: 0001849867-24-000025
- form_type: 8-K
- ticker: CLST
- cik: 0001849867
- company_name: Catalyst Bancorp, Inc.
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849867/000184986724000025/0001849867-24-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849867/000184986724000025/clst-20241024x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001849867-24-000025
- JSON: https://secwatch.observer/filing/0001849867-24-000025.json
- Plain text: https://secwatch.observer/filing/0001849867-24-000025.txt

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