Company: NSTS
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001437749-25-009831
Chunk: 458

Company: NSTS Bancorp, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1B
Chunk 458
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. The following table sets forth the net book value of the land, building and leasehold improvements and certain other information with respect to our offices at December 31, 2024.

      Description/Address 
      
      Net Book Value of Property 

      Amount of Deposits 

      (Dollars in thousands) 

      Main Office: 

      700 S. Lewis Avenue, Waukegan, Illinois 60085 
      
     $
     969

     $
     114,166

      Branch Offices: 

      1233 N. Green Bay Road, Waukegan, Illinois 60085 

     1,010

     48,985

      3060 W. Sand Lake Road, Lindenhurst, Illinois 60046 

     3,221

     27,005

      Total 
      
     $
     5,200

     $
     190,156

      Loan Production Offices: 

      875 North Michigan Avenue, Chicago, Illinois 60611(1) 

     N/A

     N/A

      75 Executive Dr, Aurora, Illinois 60504(1) 

     N/A

     N/A

      24252 West Main Street, Plainfield, Illinois 60544(1) 

     N/A

     N/A

     (1)
      The loan production offices are leased by North Shore Trust and Savings and do not accept deposits. The leases are short-term in nature and expire in 3-12 months and are expected to be renewed. 

Item 3. Legal Proceedings

We are not presently involved in any legal proceedings of a material nature. From time to time, we are subject to various legal actions arising in the normal course of our business. In the opinion of management, the resolution of these legal actions is not expected to have a material adverse effect on our financial condition, results of operations or cash flows.

Item 4. Mine Safety Disclosures

Not Applicable.

      29

      Table of Contents

PART II

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

NSTS Bancorp, Inc.'s common stock is listed on the Nasdaq Capital Market, under the symbol “NSTS”. As of March 24, 2025, there were 5,599,859  shares of our common stock issued and 5,247,826 shares outstanding, which were