Every 10-Q that NSTS Bancorp, Inc. (NSTS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow NSTS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NSTS filings page.
NSTS Bancorp, Inc. reported a small net loss of $204,000 for the quarter and $243,000 for the first half of 2026, or $(0.05) per share, improved from a $586,000 loss a year earlier. Total assets were $269.9 million, with loans, net at $126.5 million and deposits at $184.1 million as of June 30, 2026.
Capital remains very strong: the Bank’s Tier 1 leverage ratio was 25.48%, well above the “well capitalized” community bank leverage ratio requirement. Cash and cash equivalents increased to $47.5 million, supported by positive operating and investing cash flows.
The company agreed to be acquired by Brookfield Bancshares, Inc. under a definitive Merger Agreement. Stockholders are expected to receive aggregate cash consideration of $73,662,000, or approximately $14.28 per share, subject to stockholder and regulatory approvals and other customary conditions, with closing anticipated in the fourth quarter of 2026. During the quarter, the Bank also divested its Oak Leaf Community Mortgage division and reduced headcount.
NSTS Bancorp, Inc. reported a small net loss of $39,000 for the quarter ended March 31, 2026, a significant improvement from a loss of $328,000 a year earlier. Net interest income rose to $1.9 million, with net interest margin improving to 2.98% from 2.82%, helped by lower funding costs and the absence of prior-period borrowings.
Total assets increased modestly to $270.3 million, driven by higher cash and deposits, while loans, net, were stable at $127.6 million and credit quality remained strong with only $283,000 of nonaccrual loans and no charge-offs. The bank stayed very well capitalized with a Tier 1 leverage ratio of 24.93%. Subsequent to quarter-end, NSTS entered a merger agreement to be acquired by Brookfield Bancshares for aggregate cash consideration of $73.662 million, or about $14.28 per share, with all restricted stock and options vesting and receiving cash at closing, which is expected in the fourth quarter of 2026 subject to shareholder and regulatory approvals.
NSTS Bancorp reported a modest profit for the quarter. For the three months ended September 30, 2025, net income was $65,000 (basic and diluted EPS $0.01), compared with a loss a year ago. Net interest income was $1.95M, aided by a $50,000 reversal of credit loss provision. Noninterest income rose, led by gain on sale of mortgage loans of $393,000. Total noninterest expense was $2.50M.
Total assets were $269.8M and deposits were $186.1M as of September 30, 2025. Loans, net, increased to $132.9M, with nonaccrual loans at $285,000. Securities available for sale rose to $79.6M, and other comprehensive income added $805,000 this quarter. The company repaid its $5.0M FHLB advance, leaving no borrowings outstanding at quarter‑end. Capital remained strong; the Bank’s Tier 1 leverage ratio was 24.11% under the CBLR, categorized as well capitalized.
NSTS Bancorp reported selected interim disclosures from its Form 10-Q. The company had 5,239,038 shares outstanding at June 30, 2025 (5,249,826 at December 31, 2024) of 10,000,000 shares authorized. Securities available-for-sale totaled $260,000 at June 30, 2025 versus $278,000 at December 31, 2024, with municipal bonds paying as agreed and no declines in bond investment grades in a loss position. Custodial escrow balances related to serviced loans were $342,000 at June 30, 2025 versus $236,000 at December 31, 2024. The company maintained an allowance for off-balance-sheet exposures of $45,000 as of June 30, 2025 and 2024, and provisions for credit losses excluded $13,000 and $21,000 for the three and six months ended June 30, 2025, respectively, related to off-balance-sheet exposures. No interest was recognized on non-accrual loans for the six months ended June 30, 2025 and 2024, and there were no loan modifications for borrowers experiencing financial difficulty in those periods. Management states the Bank met applicable capital adequacy requirements and continues to elect the Community Bank Leverage Ratio framework.