Company: NSTS
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001437749-25-034806
Chunk: 10

Company: NSTS Bancorp, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 8
Chunk 10
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   Doubtful
   Loans classified as doubtful have all the weaknesses inherent in those designated as “substandard” with the added characteristic that the weaknesses  may make collection or liquidation in full, on the basis of currently existing facts, highly questionable and improbable.
    
   On an annual basis, or more often if needed, the Bank formally reviews the ratings on commercial loans. In addition, the Bank performs an independent review of a significant portion of the commercial loan portfolio. Management uses the results of the independent review as part of its annual review process.

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   The following tables present the credit risk profile of the Company's loan portfolio based on risk rating category and year of origination as of  September 30, 2025 and  December 31, 2024.

       As of September 30, 2025      
   Term loans amortized cost basis by origination year                  
   2025    2024    2023    2022    2021    Prior    Revolving loans amortized cost basis    Revolving loans converted to term loans amortized cost basis    Total  
   (Dollars in thousands)      
 1-4 family residential                                     
 Pass  $15,330  $14,001  $18,969  $11,280  $16,631  $39,104  $5,843  $—  $121,158 
 Special Mention   —   —   —   —   —   —   —   —   — 
 Substandard   —   263   —   —   —   22   —   —   285 
 Total 1-4 family residential   15,330   14,264   18,969   11,280   16,631   39,126   5,843   —   121,443 
 Current year-to-date gross write-offs   —   —   —   —   —   —   —   —   — 
 Multi-family                                     
 Pass   —   509   —   —   223   2,540   —   —  $3