Company: NSTS
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001437749-25-009831
Chunk: 777

Company: NSTS Bancorp, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 4
Chunk 777
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 capital ratios. North Shore Trust and Savings’ Tier 1 capital to Average Assets was 23.53% and 24.72% at December 31, 2024 and 2023, respectively. 

Commitments. At December 31, 2024, we had $1.1 million of outstanding commitments to originate loans. Our total letters and lines of credit and unused lines of credit totaled $9.0 million at December 31, 2024. The following table summarizes our outstanding commitments to originate loans and to advance additional amounts pursuant to outstanding letters of credit, lines of credit and undisbursed construction loans at December 31, 2024.

      Total Amounts Committed at 

      Amount of Commitment Expiration – Per Period 

      December 31, 2024 

      To 1 Year 

      1-3 Years 

      4-5 Years 

      After 5 Years 

      (Dollars in thousands) 

      Unused line of credit 
      
     $
     8,950

     $
     254

     $
     1,360

     $
     765

     $
     6,571

      Commitments to originate loans 

     1,109

     1,109

     —

     —

     —

      Total commitments 
      
     $
     10,059

     $
     1,363

     $
     1,360

     $
     765

     $
     6,571

      38

Cash Obligations. The following table summarizes our cash obligations at December 31, 2024.

      Total at 

      Payments Due By Period 

      December 31, 2024 

      To 1 Year 

      1-3 Years 

      4-5 Years 

      After 5 Years 

      (Dollars in thousands) 

      Time deposits 
      
     $
     92,819

     $
     63,630

     $
     15,246

     $
     13,943

     $
     —

      Other borrowings 

     5,000

     5,000

     —

     —

     —

      Total cash obligations 
      
     $
     97,819

     $
     68,630

     $
     15,246

     $
     13,943

     $
     —

Impact of Inflation and Changing