Catalyst Bancorp posts Q3 net income of $489,000, up 9.4% year over year
Catalyst Bancorp Inc. reported net income of $489,000 for the three months ended September 30, 2025, an increase of 9.4% compared to the same period in 2024. For the nine months ended September 30, 2025, net income was $1.6 million, compared to a net loss of $3.7 million for the same period in 2024. Non-interest expense for the quarter was $2.2 million, down 2.6% from the prior year, and $6.6 million for the nine-month period, down 7.6% from the same period in 2024. The company reported no loss on sales of investment securities in 2025, compared to a loss of $5.5 million for the nine months ended September 30, 2024. The decrease in non-interest expense for the nine-month period was attributed to the absence of expenses related to the company's core processing system upgrade in 2024.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Catalyst Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-111034), on November 13, 2025, and is solely responsible for the information contained therein.
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