Welcome to our dedicated page for Catalyst Bancorp news (Ticker: CLST), a resource for investors and traders seeking the latest updates and insights on Catalyst Bancorp stock.
Catalyst Bancorp, Inc. reports developments as the Louisiana bank holding company for Catalyst Bank, a community-oriented savings bank serving the Acadiana region of south-central Louisiana. Company news centers on quarterly operating results, net interest margin, loan and deposit trends, public fund deposits, and the mix of commercial real estate, construction and land, commercial and industrial, multifamily, residential, and other lending categories.
Recurring updates also cover capital actions such as common stock repurchase plans, branch-based commercial and retail banking activity, and changes in loan relationships or credit classifications within industry segments such as health services and oilfield services.
Catalyst Bancorp (Nasdaq: CLST) has completed its previously announced acquisition of Lakeside Bancshares (OTC: LKSB) and wholly owned Lakeside Bank, effective July 14, 2026. Lakeside shareholders will receive $19.58 per share in cash, or approximately $41.1 million in total consideration.
According to Catalyst, the combination brings together two community-focused banks with similar values and strengthens its position in Southwest Louisiana. Based on March 31, 2026 data, the acquisition lifts Catalyst Bank’s total assets to about $620 million, with $390 million in loans and $478 million in deposits, and adds four branches in Calcasieu Parish. As of the same date, Lakeside Bank had $375.7 million in assets, $229.8 million in loans, and $277.6 million in deposits. Catalyst plans to convert Lakeside’s branches and operating systems to Catalyst Bank’s platform in November 2026. Brean Capital and Jones Walker advised Catalyst, while Sheshunoff & Co Investment Banking and Fenimore Kay Harrison advised Lakeside.
Catalyst Bancorp (Nasdaq: CLST), parent of Catalyst Bank, and Lakeside Bancshares (OTC: LKSB), parent of Lakeside Bank, announced that Lakeside shareholders have approved their pending merger and that all required regulatory approvals have been obtained. The parties expect the mergers to close on or about July 14, 2026, subject to remaining closing conditions.
Catalyst Bancorp (Nasdaq: CLST) reported Q1 2026 net income of $558,000 ($0.15 diluted EPS), up from $456,000 ($0.13) in Q4 2025. Loans were $163.7M (down 4% vs. 12/31/2025); deposits were $195.4M (up 5%).
Key metrics: NPLs 1.64% of loans, allowance for loan losses $2.3M (1.40% of loans), net interest margin 3.83% (down 8 bps). The company noted professional fees of $95,000 related to its agreement to acquire Lakeside and paused repurchases while conducting due diligence.
Catalyst Bancorp (Nasdaq: CLST) agreed to acquire Lakeside Bancshares (OTC: LKSB) in an all-cash merger valuing Lakeside at $19.58 per share ($41.1 million aggregate), with Catalyst surviving and Lakeside merged into Catalyst Bank.
The deal, expected to close in Q3 2026, creates a combined company with approximately $627.3M assets, $399.9M loans and $470.0M deposits and is projected to be >180% EPS accretive when cost saves are realized.
Catalyst expects leverage and total risk-based capital ratios of ~10.4% and 15.4%, respectively, and says no additional capital is needed.
Catalyst Bancorp (Nasdaq: CLST) reported net income of $456,000 in Q4 2025 ($0.13 diluted EPS) and net income of $2.1 million for full-year 2025 ($0.56 diluted EPS), compared with a $3.1 million loss in 2024. Loans totaled $170.2M (up 3% QoQ) and investment securities were $65.4M. Net interest margin widened to 3.91%. Non-performing assets rose to 0.95% of assets. The company completed share repurchases and authorized a new plan to repurchase up to 205,000 shares.
Catalyst Bancorp (Nasdaq: CLST) announced a new share repurchase program on November 20, 2025. The Board approved the November 2025 Repurchase Plan, authorizing purchases of up to 205,000 shares, representing approximately 5% of outstanding common stock.
Since the first repurchase program in January 2023 and through November 18, 2025, the company has repurchased 1,180,817 shares, representing about 22% of the common shares originally issued, at an average cost of $11.97 per share.
Catalyst Bancorp (Nasdaq: CLST) reported net income of $489,000 for Q3 2025, down from $521,000 in Q2 2025. Loans totaled $164.8 million at September 30, 2025, a 2% decline from June 30, 2025, driven by a $4.6 million construction loan pay-off and pay-downs on a downgraded commercial relationship.
Investment securities rose to $59.8 million (up $15.6 million, +35% QoQ) after purchases of variable- and fixed-rate mortgage-backed securities. Total deposits were $186.4 million (+2% QoQ). Share repurchases continued, with 13,212 shares bought in Q3 and total repurchases of 1,160,396 shares (~22% of originally issued) through September 30, 2025.
Catalyst Bancorp (NASDAQ: CLST) reported Q2 2025 net income of $521,000, down from $586,000 in Q1 2025. The bank showed modest growth with total loans increasing to $167.6 million, up $1.5 million (1%) from Q1, while deposits grew to $182.2 million, up $1.6 million (1%).
Key financial metrics include a net interest margin of 3.98% (up 9 basis points), and an allowance for credit losses of $2.4 million (1.45% of total loans). The company maintained strong capital levels with consolidated shareholders' equity at $80.8 million (29.5% of total assets) and continued its share repurchase program, buying back 62,385 shares at an average cost of $11.91 per share.
Non-performing assets remained stable at $1.8 million (0.64% of total assets), with 99% of non-performing loans in residential mortgages.Catalyst Bancorp (CLST) reported Q1 2025 net income of $586,000, down from $626,000 in Q4 2024. Total loans decreased by $1.0 million to $166.1 million, while deposits declined by $5.1 million to $180.6 million.
Key financial metrics include:
- Net interest margin of 3.89%, down 3 basis points from previous quarter
- Non-performing assets ratio of 0.63%, improving from 0.66%
- Allowance for credit losses remained at $2.5 million (1.51% of total loans)
- Shareholders' equity totaled $80.6 million (29.7% of total assets)
The company continued its share repurchase program, buying back 72,949 shares at an average cost of $11.86 per share. Since January 2023, CLST has repurchased approximately 21% of originally issued shares.
Catalyst Bancorp (NASDAQ: CLST) reported Q4 2024 net income of $626,000, a 40% increase from Q3 2024's $447,000. The loan portfolio grew by a record $22.2 million (15%) year-over-year, reaching $167.1 million by December 31, 2024.
Key Q4 metrics include: total deposits increased 11% to $185.7 million; net interest margin improved to 3.92%; non-performing assets ratio was 0.66%; and the allowance for loan losses stood at 1.51% of total loans. The company maintained a strong capital position with consolidated shareholders' equity at 29.0% of total assets.
During Q4, CLST repurchased 120,977 shares at an average cost of $11.70 per share. Since January 2023, the company has repurchased approximately 19% of originally issued shares at an average cost of $11.93 per share.