Catalyst Bancorp, Inc.
Business
Catalyst Bancorp, Inc. is a bank holding company that owns Catalyst Bank, a federally chartered community-oriented savings bank operating six branches in St. Landry and Lafayette Parishes, Louisiana. The Bank attracts deposits and uses those funds to originate single-family residential mortgages, commercial real estate loans, multi-family residential loans, commercial and industrial loans, construction and land loans, and consumer loans. Since 2021, the Bank has shifted from a traditional thrift model toward a full-service community bank serving small- to mid-sized businesses and professionals, with increasing emphasis on higher-yielding commercial and construction loans.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Loans receivable, including fees | 11 | 10 | 7 | 6 | 7 | |
| Investment securities | 1 | 1 | 2 | 1 | 674,000 | |
| Cash and due from banks | 1 | 3 | 708,000 | — | — | |
| Other earning assets | 56,000 | 86,000 | 72,000 | 407,000 | 60,000 | |
| Total interest income | 14 | 14 | 10 | 8 | 8 | |
| Deposits | 4 | 3 | 2 | 402,000 | 523,000 | |
| Borrowings | 315,000 | 1 | 319,000 | 281,000 | 272,000 | |
| Total interest expense | 4 | 4 | 2 | — | — | |
| Net interest income | 10 | 10 | 8 | 7 | 7 | |
| Provision for credit losses | 60,000 | 531,000 | 128,000 | −375,000 | −660,000 | |
| Net interest income after provision for credit losses | 10 | 9 | 8 | 8 | 8 | |
| Service charges on deposit accounts | 781,000 | 798,000 | 774,000 | 731,000 | 641,000 | |
| Bank-owned life insurance | 494,000 | 463,000 | 409,000 | 314,000 | 90,000 | |
| Loss on sale of investment securities | — | −6 | −92,000 | — | — | |
| (Loss) gain on disposals and sales of fixed assets | −1,000 | 6,000 | — | −77,000 | 25,000 | |
| Federal community development grant | 0 | 280,000 | — | — | — | |
| Other | 84,000 | 120,000 | 61,000 | 34,000 | 44,000 | |
| Total non-interest income (loss) | 1 | −4 | 2 | 1 | 3 | |
| Salaries and employee benefits | 5 | 5 | 5 | 5 | 5 | |
| Occupancy and equipment | 823,000 | 765,000 | 802,000 | 833,000 | 774,000 | |
| Data processing and communication | 718,000 | 1 | 911,000 | 841,000 | 777,000 | |
| Professional fees | 404,000 | 469,000 | 486,000 | 538,000 | 388,000 | |
| Directors' fees | 477,000 | 461,000 | 463,000 | 302,000 | 279,000 | |
| ATM and debit card | 103,000 | 141,000 | — | — | — | |
| Foreclosed assets, net | −85,000 | 74,000 | 72,000 | 5,000 | 90,000 | |
| Advertising and marketing | 131,000 | 129,000 | 100,000 | 240,000 | 43,000 | |
| Regulatory fees and assessments | 134,000 | 149,000 | 131,000 | 134,000 | 123,000 | |
| Franchise and shares tax | 69,000 | 67,000 | 81,000 | 115,000 | — | |
| Other | 657,000 | 723,000 | 361,000 | 367,000 | 307,000 | |
| Total non-interest expense | 9 | 9 | 9 | 9 | 8 | |
| Income (loss) before income tax expense (benefit) | 3 | −4 | 587,000 | 159,000 | 2 | |
| Income tax expense (benefit) | 452,000 | −894,000 | 61,000 | −21,000 | 484,000 | |
| NET INCOME (LOSS) | 2 | −3 | 526,000 | 180,000 | 2 | |
| Earnings (loss) per share - basic (in dollars per share) | 0.56 | −0.78 | 0.12 | 0.04 | 0.39 | |
| Earnings (loss) per share - diluted (in dollars per share) | 0.56 | −0.78 | 0.12 | 0.04 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Non-interest-bearing cash | 4 | 4 | 4 | 5 | 5 | |
| Interest-bearing cash and due from banks | 21 | 40 | 15 | 8 | 36 | |
| Total cash and cash equivalents | 25 | 44 | 19 | 13 | 41 | |
| Securities available-for-sale, at fair value (amortized cost of $53,517 and $33,215, respectively) | 50 | 29 | 71 | 80 | — | |
| Securities held-to-maturity (fair value of $13,567 and $11,284, respectively) | 15 | 13 | 13 | 13 | — | |
| Loans receivable, net of unearned income | 170 | 167 | 145 | 134 | — | |
| Allowance for credit losses | −2 | −3 | −2 | −2 | −2 | |
| Loans receivable, net | 168 | 165 | 143 | 132 | — | |
| Accrued interest receivable | 907,000 | 851,000 | 906,000 | 673,000 | 579,000 | |
| Foreclosed assets | 34,000 | 194,000 | 60,000 | 320,000 | 340,000 | |
| Premises and equipment, net | 6 | 6 | 6 | 6 | 7 | |
| Stock in correspondent banks, at cost | 1 | 2 | 2 | 2 | 2 | |
| Bank-owned life insurance | 15 | 14 | 14 | 14 | 3 | |
| Other assets | 2 | 2 | 2 | 2 | 470,000 | |
| TOTAL ASSETS | 283 | 277 | 271 | 263 | 286 | |
| Non-interest-bearing | 30 | 28 | 28 | 34 | 30 | |
| Interest-bearing | 155 | 157 | 137 | 131 | 146 | |
| Total deposits | 185 | 186 | 166 | 165 | 177 | |
| Borrowings | 15 | 10 | 19 | 9 | 9 | |
| Other liabilities | 1 | 1 | 1 | 558,000 | 1 | |
| TOTAL LIABILITIES | 201 | 196 | 186 | 175 | 187 | |
| Preferred stock, $0.01 par value - 5,000,000 shares authorized; none issued or outstanding | — | — | — | — | — | |
| Common stock, $0.01 par value; 30,000,000 shares authorized; 4,074,911 and 4,278,150 issued and outstanding, respectively | 41,000 | 43,000 | 48,000 | 53,000 | 53,000 | |
| Additional paid-in capital | 37 | 40 | 45 | 51 | 51 | |
| Unallocated common stock held by benefit plans | −5 | −6 | −6 | −6 | −4 | |
| Retained earnings | 52 | 50 | 53 | 53 | 53 | |
| Accumulated other comprehensive loss | −2 | −4 | −7 | −9 | −683,000 | |
| TOTAL SHAREHOLDERS' EQUITY | 82 | 80 | 85 | 88 | 99 | |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 283 | 277 | 271 | 263 | 286 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net income (loss) | 2 | −3 | 526,000 | 180,000 | 2 | |
| Investment securities amortization, net | 80,000 | 140,000 | 308,000 | 461,000 | 409,000 | |
| Stock dividends from correspondent banks | −46,000 | −83,000 | — | — | — | |
| Amortization of prepayment penalties on debt restructuring | 174,000 | 180,000 | 180,000 | 180,000 | 180,000 | |
| Stock-based compensation | 897,000 | 812,000 | 769,000 | 472,000 | 73,000 | |
| Depreciation of premises and equipment | 422,000 | 412,000 | 403,000 | 448,000 | 424,000 | |
| Net write-downs and losses on the sale of foreclosed assets | 120,000 | 57,000 | 66,000 | −8,000 | 73,000 | |
| Deferred income tax | 312,000 | −894,000 | −12,000 | −9,000 | 152,000 | |
| (Increase) decrease in other assets | −144,000 | 44,000 | −510,000 | −23,000 | 313,000 | |
| (Decrease) increase in other liabilities | −147,000 | 24,000 | 536,000 | −302,000 | 669,000 | |
| Net cash provided by operating activities | 3 | 3 | 2 | 772,000 | 3 | |
| Proceeds from maturities, calls, and paydowns | 5 | 6 | 9 | 11 | 9 | |
| Proceeds from sales | — | 43 | 2 | — | — | |
| Purchases | −25 | −8 | — | −13 | −78 | |
| Proceeds from maturities, calls, and paydowns | 26,000 | — | — | — | 4 | |
| Purchases | −2 | — | — | — | — | |
| Net increase in loans | −3 | −23 | −11 | −2 | 20 | |
| Proceeds from sale of foreclosed assets | 57,000 | 114,000 | 320,000 | 39,000 | 216,000 | |
| Purchases of premises and equipment | −188,000 | −430,000 | −172,000 | −252,000 | −2 | |
| Proceeds from sale of premises and equipment | — | 12,000 | — | — | 25,000 | |
| Purchase of Federal Home Loan Bank Stock | −303,000 | — | — | — | — | |
| Proceeds from redemption of Federal Home Loan Bank Stock | 1 | — | — | — | — | |
| Net cash (used in) provided by investing activities | −24 | 18 | −267,000 | −14 | −47 | |
| Net (decrease) increase in deposits | −400,000 | 20 | 528,000 | −12 | 12 | |
| Borrowings from the Federal Home Loan Bank of Dallas | 33 | 793,000 | — | — | — | |
| Repayments of borrowings from Federal Home Loan Bank of Dallas | −28 | −793,000 | — | — | — | |
| Borrowings from the Federal Reserve Bank of Atlanta | — | 43 | — | — | — | |
| Repayments of borrowings from the Federal Reserve Bank of Atlanta | — | −53 | — | — | — | |
| Repurchase of common stock | −3 | −6 | −6 | −2 | — | |
| Net cash provided by financing activities | 2 | 4 | 4 | −14 | 59 | |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | −19 | 25 | 6 | −27 | 16 | |
| Acquisition of real estate in settlement of loans | 17,000 | 305,000 | 125,000 | 10,000 | 215,000 | |
| Cash paid for interest | 4 | 4 | 1 | 496,000 | 634,000 | |
| Cash paid for income taxes | 116,000 | 200,000 | — | 243,000 | 82,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Catalyst Bancorp, Inc.'s CIK number?
Catalyst Bancorp, Inc.'s SEC CIK number is 0001849867 (1849867). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Catalyst Bancorp, Inc.'s SEC filings?
All of Catalyst Bancorp, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Catalyst Bancorp, Inc. last report earnings?
Catalyst Bancorp, Inc. (CLST) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001849867-26-000007). This is Catalyst Bancorp, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Catalyst Bancorp, Inc.'s most recent earnings 8-K?
Catalyst Bancorp, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001849867-26-000007. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Catalyst Bancorp, Inc.'s latest earnings 8-K →
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