Catalyst Bancorp Q2 net interest margin rises

Catalyst Bancorp

30/07/2026 12:48

Overview
US community bank's Q2 net income and diluted EPS declined slightly from prior quarter
Company completed Lakeside Bancshares acquisition; Q2 included $87,000 in merger-related expenses
Q2 net interest income and margin both rose slightly from previous quarter

Outlook
Company did not provide specific guidance for future quarters or the full year

Result Drivers
MERGER-RELATED EXPENSES - Q2 results included $87,000 in expenses tied to the Lakeside Bancshares acquisition, affecting net income
REVERSAL OF CREDIT LOSSES - Co recorded a $104,000 reversal of provision for credit losses, mainly due to lower construction and land loan balances and fewer classified commercial real estate loans
DEPOSIT GROWTH - Growth in high-yield savings accounts was the primary driver of deposit growth in Q2

Company press release: ID:nPn9kqkp4a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Interest Income
 
$2.60 mln
 
Q2 Net Interest Margin
 
3.86%
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)