secwatch.observer — SEC 8-K summary
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Issuer:     Catalyst Bancorp, Inc. (CLST)
CIK:        0001849867
Form:       8-K
Filed at:   2026-07-14T13:41:30+00:00
Accession:  0001849867-26-000014
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Catalyst Bancorp completes $41.1M cash acquisition of Lakeside Bancshares
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849867/000184986726000014/0001849867-26-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849867/000184986726000014/clst-20260714x8k.htm
  HTML page:      https://secwatch.observer/filing/0001849867-26-000014

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