Catalyst Bancorp Q2 net income falls 6.09% to 524,000 vs Q1
Reuters2026/07/30 11:19Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Catalyst Bancorp posted Q2 net income of $524,000, down 6% from Q1, with diluted EPS of $0.14 versus $0.15.
- Net interest income rose 2% to $2.59 million; net interest margin widened 0.03 percentage points to 3.86%.
- Loans slipped 1% to $162.8 million; deposits edged up 1% to $196.4 million, leaving the loans-to-deposits ratio at 83%.
- Non-performing assets fell 14% to $2.3 million; allowance for credit losses eased to $2.2 million, or 1.34% of total loans.
- Completed the Lakeside acquisition on July 14; Joe Zanco cited sound credit quality, new deposit customers, and an early start in Southwest Louisiana.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Catalyst Bancorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607300700PR_NEWS_USPR_____DA14942) on July 30, 2026, and is solely responsible for the information contained therein.
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