Company: NSTS
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001437749-25-009831
Chunk: 1190

Company: NSTS Bancorp, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9C
Chunk 1190
---
  non-interest-bearing deposit accounts, time deposits with other financial institutions, FHLB stock, escrow deposits and accrued interest receivable and payable.  

   The carrying amounts and estimated fair values by fair value hierarchy of certain financial instruments are as follows:

       Carrying                Estimated  
   Amount    Level 1    Level 2    Level 3    Fair Value  
 (Dollars in thousands)
 December 31, 2024                     
 Financial assets:                     
 Loans, net  $130,356  $—  $—  $124,084  $124,084 
 Loans held for sale   1,218   —   1,242   —   1,242 
 Financial liabilities:                     
 Interest-bearing deposits   178,260   —   178,872   —   178,872 
 Other borrowings   5,000   —   4,999   —   4,999 
                     
 December 31, 2023                     
 Financial assets:                     
 Loans, net  $120,623  $—  $—  $110,288  $110,288 
 Loans held for sale   380   —   387   —   387 
 Financial liabilities:                     
 Interest-bearing deposits   156,402   —   156,092   —   156,092 
 Other borrowings   5,000   —   4,990   —   4,990 

       77

   Note 15: Earnings Per Share
    
   Basic EPS represents income available to common stockholders divided by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common shares (such as stock options) were exercised or converted into additional common shares that should then share in the earnings of the entity. Diluted EPS is computed by dividing net income attributable to common stockholders by the weighted average number of common shares outstanding for the period, plus the effect of potential dilutive common share equivalents.
    There were no securities or other contracts that had a dilutive effect during the twelve months ended  December 31, 2024