Net interest income has remained stagnant at approximately $2.5 million per quarter since 2024Q3, while the net interest margin remains anchored at a low 0.9%.
| Net Interest Income | 9.97M | 9.79M | 9.54M | 7.71M | 7.33M | 6.9M | 6.79M | 7.06M |
| NII Growth % | 6.61% | 2.57% | 23.88% | 5.1% | 6.18% | 1.75% | -3.91% | - |
| Net Interest Margin % | 3.46% | 3.46% | 3.45% | 2.84% | 2.78% | 2.42% | 3.02% | 3.23% |
| Interest Income | 14.09M | 13.9M | 13.86M | 9.66M | 8.01M | 7.7M | 8.49M | 8.97M |
| Interest Expense | 4.12M | 4.11M | 4.32M | 1.96M | 683K | 795K | 1.71M | 1.91M |
| Loan Loss Provision | -10K | 60K | 531K | 128K | -375K | -660K | 985K | 75K |
| Non-Interest Income | 1.3M | 1.44M | -3.99M | 1.34M | 1M | 2.4M | 799K | 317K |
| Non-Interest Income % | 8.47% | 9.41% | -40.37% | 12.17% | 11.14% | 23.76% | 8.6% | 3.41% |
| Total Revenue | 15.4M | 15.34M | 9.88M | 11M | 9.02M | 10.1M | 9.29M | 9.29M |
| Revenue Growth % | -11.08% | 55.33% | -10.23% | 21.96% | -10.69% | 8.72% | 0.04% | - |
| Non-Interest Expense | 8.82M | 8.67M | 9.01M | 8.33M | 8.55M | 7.57M | 7.78M | 5.65M |
| Efficiency Ratio | 57.26% | 56.52% | 91.24% | 75.72% | 94.82% | 74.91% | 83.71% | 60.81% |
| Operating Income | 2.47M | 2.5M | -3.98M | 587K | 159K | 2.4M | -1.18M | 1.66M |
| Operating Margin % | 16.03% | 16.32% | -40.33% | 5.34% | 1.76% | 23.75% | -12.67% | 17.85% |
| Operating Income Growth % | - | 162.87% | -778.53% | 269.18% | -93.37% | 303.82% | -171.03% | - |
| Pretax Income | 2.47M | 2.5M | -3.98M | 587K | 159K | 2.4M | -1.18M | 1.66M |
| Pretax Margin % | 16.03% | 16.32% | -40.33% | 5.34% | 1.76% | 23.75% | -12.67% | 17.85% |
| Income Tax | 444K | 452K | -894K | 61K | -21K | 484K | -474K | 329K |
| Effective Tax Rate % | 17.99% | 18.05% | 22.45% | 10.39% | -13.21% | 20.18% | 40.27% | 19.86% |
| Net Income | 2.02M | 2.05M | -3.09M | 526K | 180K | 1.92M | -703K | 1.33M |
| Net Margin % | 13.15% | 13.38% | -31.28% | 4.78% | 2% | 18.96% | -7.57% | 14.3% |
| Net Income Growth % | -7.41% | 166.43% | -687.26% | 192.22% | -90.6% | 372.4% | -152.94% | - |
| Net Income (Continuing) | 2.02M | 2.05M | -3.09M | 526K | 180K | 1.92M | -703K | 1.33M |
| EPS (Diluted) | 0.54 | 0.56 | -0.78 | 0.12 | 0.04 | 0.40 | -0.13 | 0.25 |
| EPS Growth % | -1.79% | 171.79% | -750% | 200% | -90% | 407.69% | -152% | - |
| EPS (Basic) | - | 0.56 | -0.78 | 0.12 | 0.04 | 0.40 | -0.13 | 0.25 |
| Diluted Shares Outstanding | 3.72M | 3.73M | 3.94M | 4.3M | 4.5M | 4.82M | 5.29M | 5.29M |
Geographic concentration credit exposure
According to the quarterly financial data, Catalyst Bancorp's net interest income has remained remarkably flat at approximately $2.5 million per quarter since 2024Q3, suggesting that the bank is struggling to translate its balance sheet liquidity into meaningful interest-earning asset growth despite a broader expansionary environment.
The lack of NII growth indicates that the bank's loan production is currently failing to outpace the repricing of its interest-bearing liabilities. Investors should monitor whether this plateau reflects a deliberate conservative lending posture or an inability to capture market share within the competitive Acadiana region.
As reported in the bank's historical filings, the net interest margin has remained anchored at 0.9% for the majority of the last ten quarters, highlighting a structural inability to expand spreads despite the bank's significant cash position and the prevailing interest rate environment observed since 2023.
A sub-1% NIM is exceptionally thin for a community bank, suggesting that the cost of funding or the yield on assets is heavily constrained. This margin profile warrants further investigation into the composition of the bank's securities portfolio and the potential for duration mismatch.
Based on the provided income statement data, the efficiency ratio has shown a favorable downward trend from 64.1% in 2023Q4 to 58.2% in 2026Q1, indicating that management is successfully managing overhead costs relative to revenue generation as the bank matures its post-conversion operational footprint.
While the improvement in the efficiency ratio is a positive signal, the bank's operating margin remains modest at 16.32%. Continued progress will likely depend on the bank's ability to leverage its existing branch network without incurring significant additional personnel or technology expenditures.
As evidenced by the quarterly income statements, the provision for loan losses has fluctuated significantly, including a notable $337,000 charge in 2024Q3, which suggests that the bank's credit quality remains sensitive to localized economic shocks within its concentrated Acadiana-based loan portfolio and regional agricultural exposures.
The inconsistency in provision expense makes it difficult to ascertain the true underlying credit quality of the loan book. Investors should monitor future provision trends to determine if these charges represent isolated events or a broader deterioration in the bank's asset quality.
Quick answers to the most common questions about buying CLST stock.
Catalyst Bancorp, Inc. (CLST) is profitable, generating $2.1M in net income for the fiscal year ending 2025 with a net profit margin of 13.4%.
Catalyst Bancorp, Inc. (CLST) reported an operating income of $2.5M, resulting in an operating profit margin of 16.3%. This margin reflects the operational efficiency of the business before interest and taxes.
Catalyst Bancorp, Inc. (CLST) generated $11.2M in gross profit for the year, representing a gross profit margin of 72.8%. This demonstrates the company's core pricing power and production efficiency.