Company: NSTS
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001437749-25-034806
Chunk: 51

Company: NSTS Bancorp, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 1
Chunk 51
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Item 1. Consolidated Financial Statements

NSTS BANCORP, INC.

Consolidated Balance Sheets

      September 30, 2025      
   (unaudited)    December 31, 2024  
   (Dollars in thousands)  
 Assets:         
 Cash and due from banks  $919  $1,223 
 Interest-bearing bank deposits   33,216   52,258 
 Cash and cash equivalents   34,135   53,481 
 Time deposits with other financial institutions   1,245   1,494 
 Securities available for sale   79,561   71,249 
 Federal Home Loan Bank stock (FHLB)   605   585 
 Loans held for sale   2,100   1,218 
 Loans, net of unearned income   134,197   131,557 
 Allowance for credit losses on loans   (1,260)  (1,201)
 Loans, net   132,937   130,356 
 Premises and equipment, net   5,180   5,311 
 Accrued interest receivable   915   870 
 Bank-owned life insurance (BOLI)   9,834   9,661 
 Other assets   3,330   4,463 
 Total assets  $269,842  $278,688 
 Liabilities:         
 Deposits:         
 Noninterest bearing  $11,501  $11,896 
 Interest-bearing         
 Demand and NOW checking   14,002   14,930 
 Money market   26,734   28,967 
 Savings   38,760   41,544 
 Time deposits over $250,000   25,391   21,990 
 Other time deposits   69,679   70,829 
 Total deposits   186,067   190,156 
 Escrow deposits   1,240   1,739 
 Other borrowings   —   5,000 
 Accrued expenses and other liabilities   3,596   5,303 
 Total liabilities  $190,903  $202,198 
 Stockholders' equity:         
 Common Stock   56   56 
 Treasury Stock, at cost   (3