Catalyst Bancorp completes $41.1M cash acquisition of Lakeside Bancshares

Catalyst Bancorp, Inc.

Deal value $41.1M cash; Lakeside shareholders receive $19.58 per share.
Lakeside had $375.7M assets, $229.8M loans, $277.6M deposits as of March 31, 2026.
Combined entity pro forma: ~$620M assets, $390M loans, $478M deposits.
Adds four branches in Calcasieu Parish; system conversion planned for November 2026.
Acquisition effective July 14, 2026; previously announced April 7, 2026.

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