Common Stock
- Symbol
- CLST
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 9.01 · 8-K
CLSTNASDAQEQUITYCurrent
ITEM 2.02
Press release in this filing
Catalyst Bancorp, Inc. Announces 2026 Third Quarter Results →Catalyst Bancorp, Inc. (Nasdaq: CLST) is a Louisiana corporation and registered bank holding company for Catalyst Bank, its wholly-owned subsidiary, with $631.2 million in assets at September 30, 2026. Founded in 1922 as St. Landry Homestead Federal Savings Bank, Catalyst Bank has served the Acadiana region of south-central Louisiana for more than a century and recently expanded into southwest Louisiana through the acquisition of Lakeside Bank. Catalyst Bank offers commercial and retail banking products with a focus on fueling business and improving lives in the communities we serve. To learn more about Catalyst Bancorp and Catalyst Bank, visit www.catalystbank.com or the website of the Securities and Exchange Commission, www.sec.gov.
Catalyst Bancorp, Inc. · 8-K · Filed 2026-10-29
Exhibit 99.1 For more information: Joe Zanco, President and CEO (337) 948-3033 For Immediate Release Release Date: October 29, 2026 Catalyst Bancorp, Inc. Announces 2026 Third Quarter Results Opelousas, Louisiana - Catalyst Bancorp, Inc. (Nasdaq: “CLST”) (the “Company”), the parent company for Catalyst Bank (the “Bank”) (www.catalystbank.com), reported net income of $978,000, or $0.27 per diluted common share (“diluted EPS”), for the third quarter of 2026, up $454,000, or 87%, compared to net income of $524,000, or $0.14 diluted EPS, for the second quarter of 2026. Quarterly Highlights On July 14, 2026, the Company completed the acquisition of Lakeside Bancshares, Inc. and its subsidiary, Lakeside Bank (collectively referred to as “Lakeside”). At acquisition, Lakeside had total assets of $379.5 million, including loans of $226.8 million, and deposits of $284.2 million. Lakeside’s shareholders received $19.58 per share in cash, or $41.1 million in aggregate. Net income for 2026 includes certain expenses related to Lakeside’s merger with and into the Company and the Bank. These expenses are referred to as “merger-related expenses” and totaled $883,000, after-tax, for th…
Open exhibit ↗