earnings
confidence high
sentiment neutral
materiality 0.55
Catalyst Bancorp Q2 net income $524k ($0.14 EPS); completes Lakeside acquisition
Catalyst Bancorp, Inc.
- Net income of $524,000 ($0.14 diluted EPS) vs $558,000 ($0.15) in Q1 2026.
- Completed acquisition of Lakeside Bancshares on July 14, 2026; merger-related expenses $87k pre-tax.
- Loans $162.8M, down 1% from Q1; deposits $196.4M, up 1%.
- Non-performing assets $2.3M, down 14% from Q1; ACL 1.34% of loans.
- Net interest margin 3.86%, up 3 bps; share repurchases of 24,206 shares at avg $16.20.