Company: NSTS
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001437749-25-026943
Chunk: 100

Company: NSTS Bancorp, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 100
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.53% at June 30, 2025 and December 31, 2024, respectively. 

Commitments. At June 30, 2025, we had $2.2 million of outstanding commitments to originate loans. Our total letters and lines of credit and unused lines of credit totaled $11.2 million at June 30, 2025. The following table summarizes our outstanding commitments to originate loans and to advance additional amounts pursuant to outstanding letters of credit, lines of credit and undisbursed construction loans at June 30, 2025.

      Total Amounts Committed at 

      Amount of Commitment Expiration – Per Period 

      June 30, 2025 

      To 1 Year 

      1-3 Years 

      4-5 Years 

      After 5 Years 

      (Dollars in thousands) 

      Unused line of credit 
      
     $
     11,154

     $
     704

     $
     442

     $
     539

     $
     9,469

      Commitments to originate loans 

     2,192

     2,192

     —

     —

     —

      Total commitments 
      
     $
     13,346

     $
     2,896

     $
     442

     $
     539

     $
     9,469

Cash Obligations. The following table summarizes our cash obligations at June 30, 2025.

      Total at 

      Payments Due By Period 

      June 30, 2025 

      To 1 Year 

      1-3 Years 

      4-5 Years 

      After 5 Years 

      (Dollars in thousands) 

      Time deposits 
      
     $
     94,864

     $
     69,570

     $
     15,688

     $
     9,606

     $
     —

      Total contractual obligations 
      
     $
     94,864

     $
     69,570

     $
     15,688

     $
     9,606

     $
     —

       36

Impact of Inflation and Changing Prices

The consolidated financial statements and the accompanying notes presented elsewhere in this document have been prepared in accordance with U.S. GAAP, which generally requires the measurement of financial position and operating results in terms of historical dollars without considering the change in the relative purchasing power