secwatch.observer — SEC 8-K summary
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Issuer:     Catalyst Bancorp, Inc. (CLST)
CIK:        0001849867
Form:       8-K
Filed at:   2026-04-08T23:59:59+00:00
Accession:  0001849867-26-000005
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Catalyst Bancorp to acquire Lakeside Bancshares for $41.1M ($19.58/sh) all-cash
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- Catalyst Bancorp (CLST) to acquire Lakeside Bancshares (LKSB) for $19.58/share, $41.1M aggregate cash.
- Transaction expected to close Q3 2026, subject to shareholder and regulatory approvals.
- Combined pro forma assets ~$627M, loans ~$400M, deposits ~$470M.
- Deal >180% EPS accretive once cost savings realized; TBV accretive within 3 years.
- No additional capital needed; leverage ratio ~10.4%, total risk-based capital ~15.4% post-close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849867/000184986726000005/0001849867-26-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849867/000184986726000005/clst-20260407x8k.htm
  HTML page:      https://secwatch.observer/filing/0001849867-26-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer