secwatch.observer — SEC 8-K summary
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Issuer:     Catalyst Bancorp, Inc. (CLST)
CIK:        0001849867
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001849867-25-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Catalyst Bancorp Q1 net income $586K; loans flat, NIM 3.89%
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- Net income of $586K in Q1 2025 vs $626K in Q4 2024 (down 6% sequentially).
- Loans $166.1M, down $1.0M (<1%) from Dec 31; NPAs improved to $1.7M (0.63% of assets).
- Net interest margin narrowed 3 bps to 3.89%; net interest income $2.4M (down 4%).
- Total deposits $180.6M, down $5.1M (3%) driven by public funds; loans/deposits ratio 92%.
- Repurchased 72,949 shares at avg $11.86 in Q1; 114,201 shares remain under buyback plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849867/000184986725000010/0001849867-25-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849867/000184986725000010/clst-20250424x8k.htm
  HTML page:      https://secwatch.observer/filing/0001849867-25-000010

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