Company: NSTS
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001437749-25-009831
Chunk: 792

Company: NSTS Bancorp, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 4
Chunk 792
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54,374   3,390 
 Gain on sale of mortgage loans   (1,245)  (32)
 Loss on sale of securities   —   1,794 
 Provision for credit losses   71   176 
 Earnings on bank owned life insurance   (220)  (192)
 ESOP expense   214   199 
 Stock based compensation expense   767   519 
 Change in deferred income taxes   (152)  990 
 Net change in accrued interest receivable and other assets   (46)  165 
 Net change in accrued expenses and other liabilities   1,234   313 
 Net cash provided by operating activities   9,433   431 
 Cash flows from investing activities:         
 Net change in portfolio loans   (18,142)  (17,816)
 Principal repayments on mortgage-backed securities   5,536   8,207 
 Maturities and calls of securities available for sale   4,300   4,080 
 Sales of securities available for sale   —   28,509 
 Purchase of Federal Home Loan Bank stock   (35)  — 
 Net change in time deposits with other financial institutions   497   2,486 
 Purchases of premises and equipment, net   (319)  (516)
 Net cash (used in) provided by investing activities   (8,163)  24,950 
 Cash flows from financing activities:         
 Net change in deposits   21,330   (9,888)
 Net change in escrow deposits   357   129 
 Proceeds from FHLB advance   —   5,000 
 Proceeds from Federal Reserve Bank - Bank Term Funding Program   —   10,000 
 Repayment of Federal Reserve Bank - Bank Term Funding Program   —   (10,000)
 Purchase of treasury shares   (970)  (2,381)
 Purchase of treasury stock from taxes withheld on net share settlement of restricted stock awards   (109)  — 
 Proceeds from exercise of stock options   215   — 
 Net cash provided by (used in) financing activities   20,823   (7,140)
 Net change in cash and cash equivalents   22,093   18,241 
 Cash and cash equivalents at beginning of period   31