Catalyst Bancorp, Inc. reported quarter ended March 31, 2026 results: net income $558,000, EPS $0.15.
“Catalyst Bancorp, Inc. (Nasdaq: “CLST”) (the “Company”), the parent company for Catalyst Bank (the “Bank”) (www.catalystbank.com), reported net income of $558,000, or $0.15 per diluted common share (“diluted EPS”), for the first quarter of 2026, compared to net income of $456,000, or $0.13 diluted EPS, for the fourth quarter of 2025.”
Material Agreements
Catalyst Bancorp, Inc. entered into Agreement and Plan of Share Exchange and Merger with Lakeside Bancshares, Inc. valued at $19.58 in cash per share, or $41.1 million in aggregate (effective 2026-04-07).
“On, April 7, 2026, Catalyst Bancorp, Inc., a Louisiana corporation ("Catalyst Bancorp"), and Catalyst Bank, a federally-chartered savings bank and wholly-owned subsidiary of Catalyst Bancorp, entered into an Agreement and Plan of Share Exchange and Merger (the “Merger Agreement”) with Lakeside Bancshares, Inc., a Louisiana corporation ("Lakeside Bancshares"), and Lakeside Bank, a Louisiana banking corporation and the wholly-owned subsidiary of Lakeside Bancshares.”
Auditor Changes
Catalyst Bancorp, Inc. engaged BDO USA, P.C. as its auditor.
“(the “Company”), joined BDO USA, P.C. (“BDO”). As a result of this transaction, HORNE resigned as the Company’s independent registered public accounting firm on October 31, 2025.”
Auditor Changes
HORNE LLP resigned as auditor of Catalyst Bancorp, Inc..
“HORNE resigned as the Company’s independent registered public accounting firm on October 31, 2025.”
Earnings Releases
Catalyst Bancorp, Inc. reported first quarter of 2024 results: net income net loss of $4.7 million.
“Catalyst Bancorp, Inc. (Nasdaq: “CLST”) (the “Company”), the parent company for Catalyst Bank (the “Bank”) (www.catalystbank.com), reported a net loss of $4.7 million for the first quarter of 2024”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.