secwatch.observer — SEC 8-K summary
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Issuer:     Catalyst Bancorp, Inc. (CLST)
CIK:        0001849867
Form:       8-K/A
Filed at:   2026-09-29T18:44:06+00:00
Accession:  0001849867-26-000022
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.30
Item codes: 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Catalyst Bancorp 8-K/A details Lakeside acquisition; Lakeside FY2025 net income $1.88M, EPS $0.89
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- Lakeside Bancshares audited FY2025 net income was $1,875,898, or $0.89 per basic share, up from $1,537,772, or $0.73, in FY2024.
- Lakeside's Dec. 31, 2025 total assets were $385,744,142, with total deposits of $287,545,218 and net loans of $233,657,131, versus $365,451,518 assets at Dec. 31, 2024.
- FY2025 net interest income was $9,373,447; credit loss expense $986,000; noninterest income $1,967,350; noninterest expense $7,993,379; net income before taxes $2,361,418.
- Lakeside held $60,000,000 FHLB advances and $36,063,268 stockholders' equity at Dec. 31, 2025; cash fell to $6,378,560 from $34,557,106 a year earlier.
- Lakeside Bank, founded July 2010 and based in Lake Charles, La., serves Southwest Louisiana; Catalyst closed the acquisition on July 14, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849867/000184986726000022/0001849867-26-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849867/000184986726000022/clst-20260714x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001849867-26-000022

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