Company: NSTS
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001437749-25-009831
Chunk: 502

Company: NSTS Bancorp, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1B
Chunk 502
---
637 

   As of  December 31, 2024 and 2023, no securities were pledged to secure public deposits or for other purposes as required or permitted by law. At  December 31, 2024 and 2023, there were no holdings of securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of equity. 
    
   Information pertaining to securities with gross unrealized losses at  December 31, 2024 and 2023, aggregated by investment category and length of time that individual securities have been in a continuous loss position, is as follows:

       Less than 12 Months    12 Months or Longer    Total  
   Fair    Unrealized    Fair    Unrealized    Fair    Unrealized  
 December 31, 2024   Value    Losses    Value    Losses    Value    Losses  
   (Dollars in thousands)
 U.S. government agency obligations  $—  $—  $8,657  $1,062  $8,657  $1,062 
 Municipal obligations   467   28   11,269   2,339   11,736   2,367 
 Mortgage-backed residential obligations   —   —   25,915   4,766   25,915   4,766 
 Collateralized mortgage obligations   —   —   24,941   3,842   24,941   3,842 
 Total  $467  $28  $70,782  $12,009  $71,249  $12,037 
 December 31, 2023                         
 U.S. Treasuries  $—  $—  $2,973  $22  $2,973  $22 
 U.S. government agency obligations   —   —   9,106   1,128   9,106   1,128 
 Municipal obligations   279   1   12,796   1,881   13,075   1,882 
 Mortgage-backed residential obligations   —   —   30,351   4,533   30,