NSTS Bancorp, Inc. Annual report pursuant to Section 13 and 15(d)

Note 4 - Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2022

	*December 31, 2022*
	*1-4 family residential*			*Multi-family*			*Commercial*			*Consumer*			*Total*
	(Dollars in thousands)
Year ended:
Beginning balance	$	675			69			25			10		$	779
Charge-offs		—			—			—			—			—
Recoveries		75			—			—			—			75
Net recoveries		75			—			—			—			75
Reversal of provision for loan losses		(169	)		(50	)		(6	)		(5	)		(230	)
Ending balance	$	581			19			19			5		$	624

	*December 31, 2021*
	*1-4 family residential*			*Multi-family*		*Commercial*			*Consumer*			*Total*
	(Dollars in thousands)
Year ended:
Beginning balance	$	798			29		38			5		$	870
Charge-offs		—			—		—			(99	)		(99	)
Recoveries		31			—		—			—			31
Net recoveries (charge-offs)		31			—		—			(99	)		(68	)
(Reversal of) Provision for loan losses		(154	)		40		(13	)		104			(23	)
Ending balance	$	675			69		25			10		$	779

	*Collectively evaluated*				*Individually evaluated*				*Total*
	*Allowance for loan losses*		*Recorded investment in loans*		*Allowance for loan losses*		*Recorded investment in loans*		*Allowance for loan losses*		*Recorded investment in loans*
		(Dollars in thousands)
December 31, 2022
1-4 family residential	$	512	$	94,711	$	69	$	873	$	581	$	95,584
Multi-family		19		3,237		—		—		19		3,237
Commercial		19		3,921		—		—		19		3,921
Consumer		5		249		—		—		5		249
Total	$	555	$	102,118	$	69	$	873	$	624	$	102,991
December 31, 2021
1-4 family residential	$	557	$	86,892	$	118	$	1,136	$	675	$	88,028
Multi-family		69		3,497		—		—		69		3,497
Commercial		25		4,604		—		—		25		4,604
Consumer		10		372		—		—		10		372
Total	$	661	$	95,365	$	118	$	1,136	$	779	$	96,501

	*31-89 Days Past Due and Accruing*		*Greater than 90 Days Past Due and Accruing*		*Non-Accrual*		*Total Past Due and Non-Accrual*		*Current*		*Total Loan Balance*
		(Dollars in thousands)
December 31, 2022
1-4 family residential	$	28	$	—	$	154	$	182	$	95,402	$	95,584
Multi-family		—		—		—		—		3,237		3,237
Commercial		—		—		—		—		3,921		3,921
Consumer		—		—		—		—		249		249
Total	$	28	$	—	$	154	$	182	$	102,809	$	102,991
December 31, 2021
1-4 family residential	$	—	$	41	$	102	$	143	$	87,885	$	88,028
Multi-family		—		—		—		—		3,497		3,497
Commercial		—		—		—		—		4,604		4,604
Consumer		—		—		—		—		372		372
Total	$	—	$	41	$	102	$	143	$	96,358	$	96,501

	*Recorded investment*		*Unpaid principal balance*		*Related allowance*		*Average recorded investment*		*Interest income recognized*
		(Dollars in thousands)
December 31, 2022
With no related allowance recorded
1-4 family residential	$	429	$	635	$	—	$	442	$	29
Multi-family		—		—		—		—		—
Commercial		—		—		—		—		—
Consumer		—		—		—		—		—
Total	$	429	$	635	$	—	$	442	$	29
With a related allowance recorded
1-4 family residential	$	444	$	444	$	69	$	452	$	21
Multi-family		—		—		—		—		—
Commercial		—		—		—		—		—
Consumer		—		—		—		—		—
Total	$	444	$	444	$	69	$	452	$	21
Total individually assessed as of December 31, 2022	$	873	$	1,079	$	69	$	894	$	50
December 31, 2021
With no related allowance recorded
1-4 family residential	$	355	$	595	$	—	$	348	$	26
Multi-family		—		—		—		—		—
Commercial		—		—		—		—		—
Consumer		—		—		—		—		—
Total	$	355	$	595	$	—	$	348	$	26
With a related allowance recorded
1-4 family residential	$	781	$	797	$	118	$	797	$	35
Multi-family		—		—		—		—		—
Commercial		—		—		—		—		—
Consumer		—		—		—		—		—
Total	$	781	$	797	$	118	$	797	$	35
Total individually assessed as of December 31, 2021	$	1,136	$	1,392	$	118	$	1,145	$	61