Company: NSTS
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001437749-25-009831
Chunk: 1107

Company: NSTS Bancorp, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9A
Chunk 1107
---
 considered to be outstanding for purposes of the earnings per share computation. ESOP shares that have not been legally released, but that relate to employee services rendered during an accounting period (interim or annual) ending before the related debt service payment is made, are considered committed to be released. Diluted earnings per share reflects additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance.

       59

   Note 2: Securities 
    
   The amortized cost and estimated fair value of debt securities at  December 31, 2024 and 2023, by contractual maturity, are shown below. 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 1 to 5 years based on average remaining life.

     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 
 1 to 5 years   3,047   1,452   8,971   15,086   28,556 
 5 to 10 years   4,610   2,401   15,794   7,786   30,591 
 After 10 years   —   7,883   1,150   2,069   11,102 
 Fair value  $8,657  $11,736  $25,915  $24,941  $71,249 
 Gross unrealized gains   —   —   —   —   — 
 Gross unrealized losses   (1,062)  (2,367)  (4,766)  (3,842)  (12,037)
 Amortized cost  $9,719  $14,103  $30,681  $28,783  $83,286 

     December 31, 2023   U.S. Treasuries