Company: NSTS
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001437749-25-009831
Chunk: 619

Company: NSTS Bancorp, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 2
Chunk 619
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83
     %

      Total interest-bearing deposits 
      
     $
     167,691

     $
     3,000

     1.79
     %
      
     $
     155,858

     $
     1,336

     0.86
     %

      Other borrowings 

     5,000

     243

     4.86
     %

     3,461

     172

     4.97
     %

      Total interest-bearing liabilities 
      
     $
     172,691

     $
     3,243

     1.88
     %
      
     $
     159,319

     $
     1,508

     0.95
     %

      Noninterest-bearing liabilities 

     17,162

     17,896

      Total liabilities 
      
     $
     189,853

     $
     177,215

      Equity 

     76,986

     79,608

      Total liabilities and equity 
      
     $
     266,839

     $
     256,823

      Net interest income 

     $
     7,061

     $
     6,220

      Interest rate spread(1) 

     2.29
     %

     2.33
     %

      Net interest-earning assets(2) 

     74,522

     75,954

      Net interest margin(3) 

     2.86
     %

     2.64
     %

      Average interest-earning assets to average-interest bearing liabilities 

     143.15
     %

     147.67
     %

      (1) 
      Equals the difference between the yield on average earning-assets and the cost of average interest-bearing liabilities. 

      (2) 
      Equals total interest-earning assets less total interest-bearing liabilities. 

      (3) 
      Equals net interest income divided by average interest-earning assets. 

      34

Rate/Volume Analysis. The following table shows the extent to which changes in interest rates and changes in volume of interest-earning assets and interest-bearing liabilities affected our interest income and expense during the periods indicated. For each category of interest-earning assets and interest-bearing liabilities, information is provided on changes attributable to (1) changes in rate, which is the change in rate multiplied by prior year volume, and (2)