Company: NSTS
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001437749-25-026943
Chunk: 3

Company: NSTS Bancorp, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 8
Chunk 3
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 2: Securities Available for Sale
    
   The amortized cost and estimated fair value of debt securities at  June 30, 2025 and  December 31, 2024, by contractual maturity, are shown below. The accrued interest receivable for securities available for sale was $260,000 and $278,000 on  June 30, 2025 and  December 31, 2024, respectively. Maturities  may differ from contractual maturities in mortgage-backed securities because the mortgages underlying the securities  may be called or repaid without any penalties, therefore, these securities have been included in the below table based on average remaining life.

     June 30, 2025   U.S. government agency obligations    Municipal obligations    Mortgage-backed residential obligations    Collateralized mortgage obligations    Total available-for-sale  
   (Dollars in thousands)  
 1 year or less  $—  $79  $—  $879  $958 
 1 to 5 years   3,015   1,311   8,244   14,225   26,795 
 5 to 10 years   4,677   2,780   16,265   8,941   32,663 
 After 10 years   —   7,400   576   1,196   9,172 
 Fair value   7,692   11,570   25,085   25,241   69,588 
 Gross unrealized gains   —   —   —   —   — 
 Gross unrealized losses   (799)  (2,428)  (3,629)  (2,975)  (9,831)
 Amortized cost  $8,491  $13,998  $28,714  $28,216  $79,419 

     December 31, 2024   U.S. government agency obligations    Municipal obligations    Mortgage-backed residential obligations    Collateralized mortgage obligations    Total available-for-sale  
   (Dollars in thousands)  
 1 year or less  $1,000  $—  $—  $—  $1,000 
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