Company: NSTS
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001437749-25-009831
Chunk: 407

Company: NSTS Bancorp, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 407
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IDIARIES 

      Consolidated Balance Sheets 

      Year ended December 31,  
   2024    2023  
  (Dollars in thousands) 
 Assets:         
 Cash and due from banks  $1,223  $1,000 
 Interest-bearing bank deposits   52,258   30,388 
 Cash and cash equivalents   53,481   31,388 
 Time deposits with other financial institutions   1,494   1,991 
 Securities available for sale   71,249   82,135 
 Federal Home Loan Bank stock (FHLB)   585   550 
 Loans held for sale   1,218   380 
 Loans, net of unearned income   131,557   121,799 
 Allowance for credit losses on loans   (1,201)  (1,176)
 Loans, net   130,356   120,623 
 Premises and equipment, net   5,311   5,285 
 Accrued interest receivable   870   758 
 Bank-owned life insurance (BOLI)   9,661   9,441 
 Other assets   4,463   4,225 
 Total assets  $278,688  $256,776 
 Liabilities:         
 Deposits:         
 Noninterest bearing  $11,896  $12,424 
 Interest-bearing         
 Demand and NOW checking   14,930   15,346 
 Money market   28,967   32,027 
 Savings   41,544   41,774 
 Time deposits over $250,000   21,990   9,975 
 Other time deposits   70,829   57,280 
 Total deposits   190,156   168,826 
 Escrow deposits   1,739   1,382 
 Other borrowings   5,000   5,000 
 Accrued expenses and other liabilities   5,303   4,023 
 Total liabilities   202,198   179,231 
 Stockholders' equity:         
 Common stock ($0.01 par value; 10,000,000 shares authorized; 5,249,826 and 5,315,261 shares outstanding at December 31, 2024