Company: NSTS
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001437749-25-026943
Chunk: 85

Company: NSTS Bancorp, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 85
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 have on us and our customers and other constituencies; 

      ● 
      further data processing and other technological changes that may be more difficult or expensive than expected; 

      ● 
      success or consummation of new business initiatives may be more difficult or expensive than expected; 

      ● 
      interruptions involving information technology and communications systems of service providers;  

      ● 
      breaches or failures of information security controls or cyber-related incidents;  

      ● 
      demand for loans and deposits in our market area; 

      ● 
      our ability to continue to implement our business strategies; 

      ● 
      competition among depository and other financial institutions; 

      ● 
      adverse changes in the securities markets; 

      ● 
      changes in laws or government regulations or policies affecting financial institutions, including changes in regulatory fees and capital requirements; 

      ● 
      our ability to manage market risk, credit risk and operational risk in the current economic conditions; 

      ● 
      our ability to enter new markets successfully and capitalize on growth opportunities; 

      ● 
      our ability to successfully integrate any assets, liabilities, customers, systems and management personnel we may acquire into our operations and our ability to realize related revenue synergies and cost savings within expected time frames and any goodwill charges related thereto; 

      ● 
      changes in consumer spending, borrowing and savings habits; 

      ● 
      changes in accounting policies and practices, as may be adopted by the bank regulatory agencies, the Financial Accounting Standards Board, the Securities and Exchange Commission or the Public Company Accounting Oversight Board; 

      ● 
      our ability to hire and retain key employees and our reliance on our executive officers; and 

      ● 
      our compensation expense associated with equity allocated or awarded to our employees. 

Because of these and other uncertainties, our actual future results may be materially different from the results indicated by these forward-looking statements. Except as required by applicable law or regulation, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. 

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General

On January 18, 2022, NSTS Bancorp, Inc. (“the Company”) became the holding company for North Shore Trust and Savings (“the Bank”) when North Shore MHC completed its conversion into the stock holding company form of organization. Shares of the Company's common stock began trading on January 19,