Company: NSTS
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001437749-25-034806
Chunk: 17

Company: NSTS Bancorp, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 8
Chunk 17
---
B Chicago. There was no outstanding borrowed funds at  September 30, 2025. 
    
   The following table shows certain information regarding our borrowings at or for the dates indicated:

       For the three months ended    For the nine months ended  
   September 30,    September 30,  
   2025    2024    2025    2024  
   (Dollars in thousands)          
 FHLB of Chicago advances and other borrowings:                 
 Average balance outstanding  $—  $5,000  $3,114  $5,000 
 Maximum amount outstanding at any month-end during the period   —   5,000   5,000   5,000 
 Average interest rate during the period   N/A   4.9%  4.8%  4.9%

       September 30, 2025    December 31, 2024  
   (Dollars in thousands)  
 Balance outstanding at end of period   —   5,000 
 Weighted average interest rate at end of period   N/A   4.8%

   The eligible borrowings are collateralized by $104.4 million and $103.8 million of first mortgage loans under a blanket lien arrangement at  September 30, 2025 and  December 31, 2024, respectively.
    
   The following table shows the outstanding advances, additional borrowing capacity and total borrowing capacity from the FHLB Chicago at the dates presented. 

       September 30, 2025    December 31, 2024  
   (Dollars in thousands)  
 Outstanding advances  $—  $5,000 
 Additional borrowing capacity   78,528   73,094 
 Total borrowing capacity  $78,528  $78,094 

   Additionally, at  September 30, 2025 and  December 31, 2024, we had a $10.0 million federal funds line of credit with BMO Harris Bank, none of which was drawn at  September 30, 2025 and  December 31, 2024. 

       17

   Note 6: Fair Value Measurements
    
   Fair value is the price that would be received to sell