Company: NSTS
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001437749-25-034806
Chunk: 3

Company: NSTS Bancorp, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 8
Chunk 3
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 to the annual financial statements of the Company. 

       8

       Table of Contents

   Note 2: Securities Available for Sale
    
   The amortized cost and estimated fair value of debt securities at  September 30, 2025 and  December 31, 2024, by contractual maturity, are shown below. The accrued interest receivable for securities available for sale was $292,000 and $278,000 on  September 30, 2025 and  December 31, 2024, respectively. 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 the below table based on average remaining life.

     September 30, 2025   U.S. Treasury notes    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  $—  $—  $79  $—  $717  $796 
 1 to 5 years   7,077   6,366   1,322   8,235   17,849   40,849 
 5 to 10 years   —   2,150   3,206   15,716   6,841   27,913 
 After 10 years   —   —   7,323   578   2,102   10,003 
 Fair value   7,077   8,516   11,930   24,529   27,509   79,561 
 Gross unrealized gains   1   —   —   —   —   1 
 Gross unrealized losses   (3)  (748)  (2,056)  (3,185)  (2,714)  (8,706)
 Amortized cost  $7,079  $9,264  $13,986  $27,714  $30,223  $88,266 

     December 31, 2024   U.S. government agency obligations    Municipal obligations