NSTS Bancorp, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Note 3 - Loans and Allowance for Credit Losses (Tables)

Note 3 - Loans and Allowance for Credit Losses (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	*March 31, 2025*			*December 31, 2024*
	(Dollars in thousands)
First mortgage loans
1-4 family residential	$	120,253		$	119,409
Multi-family		3,335			3,368
Commercial		4,012			4,197
Construction		2,919			3,651
Total first mortgage loans		130,519			130,625
Consumer loans		226			282
Total loans		130,745			130,907
Net deferred loan costs		651			650
Allowance for credit losses on loans		(1,156	)		(1,201	)
Total loans, net	$	130,240		$	130,356

Financing Receivable, Allowance for Credit Loss [Table Text Block]

	*March 31, 2025*
	*1-4 family*
	*residential*			*Multi-family*		*Commercial*			*Construction*			*Consumer*		*Total*
	(Dollars in thousands)
Three months ended
Beginning balance	$	1,056		$	37	$	41		$	65		$	2	$	1,201
Charge-offs		—			—		—			—			—		—
Recoveries		—			—		—			—			—		—
Net recoveries (charge-offs)		—			—		—			—			—		—
Release of provision for credit losses		(22	)		—		(3	)		(20	)		—		(45	)
Ending balance	$	1,034		$	37	$	38		$	45		$	2	$	1,156

	*March 31, 2024*
	*1-4 family*
	*residential*			*Multi-family*			*Commercial*		*Construction*		*Consumer*		*Total*
	(Dollars in thousands)
Three months ended
Beginning balance	$	1,094		$	40		$	37	$	4	$	1	$	1,176
Charge-offs		—			—			—		—		—		—
Recoveries		—			—			—		—		—		—
Net recoveries (charge-offs)		—			—			—		—		—		—
(Release of) Provision for credit losses		(3	)		(4	)		—		7		1		1
Ending balance	$	1,091		$	36		$	37	$	11	$	2	$	1,177

Financing Receivable Credit Quality Indicators [Table Text Block]

	*As of March 31, 2025*
	*Term loans amortized cost basis by origination year*
	*2025*		*2024*		*2023*		*2022*		*2021*		*Prior*		*Revolving loans amortized cost basis*		*Revolving loans converted to term loans amortized cost basis*		*Total*
	(Dollars in thousands)
1-4 family residential
Pass	$	5,083	$	17,652	$	20,897	$	12,343	$	17,709	$	41,593	$	4,516	$	—	$	119,793
Special Mention		—		—		—		—		—		—		197		—		197
Substandard		—		263		—		—		—		—		—		—		263
Total 1-4 family residential		5,083		17,915		20,897		12,343		17,709		41,593		4,713		—		120,253
Current year-to-date gross write-offs		—		—		—		—		—		—		—		—		—
Multi-family
Pass		—		513		—		—		228		2,594		—		—	$	3,335
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Total multi-family		—		513		—		—		228		2,594		—		—		3,335
Current year-to-date gross write-offs		—		—		—		—		—		—		—		—		—
Commercial
Pass		—		—		173		—		95		3,023		721		—	$	4,012
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Total commercial		—		—		173		—		95		3,023		721		—		4,012
Current year-to-date gross write-offs		—		—		—		—		—		—		—		—		—
Construction
Pass		244		2,577		98		—		—		—		—		—	$	2,919
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Total construction		244		2,577		98		—		—		—		—		—		2,919
Current year-to-date gross write-offs		—		—		—		—		—		—		—		—		—
Consumer
Pass		6		86		69		54		7		4		—		—	$	226
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Total consumer		6		86		69		54		7		4		—		—		226
Current year-to-date gross write-offs		—		—		—		—		—		—		—		—		—
Total
Pass		5,333		20,828		21,237		12,397		18,039		47,214		5,237		—		130,285
Special Mention		—		—		—		—		—		—		197		—		197
Substandard		—		263		—		—		—		—		—		—		263
Total		5,333		21,091		21,237		12,397		18,039		47,214		5,434		—		130,745
Current year-to-date gross write-offs		—		—		—		—		—		—		—		—		—

	As of December 31, 2024
	Term loans amortized cost basis by origination year
	2024		2023		2022		2021		Prior		Revolving loans amortized cost basis		Revolving loans converted to term loans amortized cost basis		Total
	(Dollars in thousands)
1-4 family residential
Pass	$	20,577	$	20,986	$	12,421	$	18,074	$	43,245	$	4,106	$	—	$	119,409
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Total 1-4 family residential		20,577		20,986		12,421		18,074		43,245		4,106		—		119,409
Current year-to-date gross write-offs		—		—		—		—		—		—		—		—
Multi-family
Pass		515		—		—		230		2,623		—		—		3,368
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Total multi-family		515		—		—		230		2,623		—		—		3,368
Current year-to-date gross write-offs		—		—		—		—		—		—		—		—
Commercial
Pass		148		301		—		96		3,158		494		—		4,197
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Total commercial		148		301		—		96		3,158		494		—		4,197
Current year-to-date gross write-offs		—		—		—		—		—		—		—		—
Construction
Pass		3,134		517		—		—		—		—		—		3,651
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Total construction		3,134		517		—		—		—		—		—		3,651
Current year-to-date gross write-offs		—		—		—		—		—		—		—		—
Consumer
Pass		127		77		58		18		2		—		—		282
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Total consumer		127		77		58		18		2		—		—		282
Current year-to-date gross write-offs		—		—		—		—		—		—		—		—
Total
Pass		24,501		21,881		12,479		18,418		49,028		4,600		—		130,907
Special Mention		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—
Total		24,501		21,881		12,479		18,418		49,028		4,600		—		130,907
Current year-to-date gross write-offs		—		—		—		—		—		—		—		—

Financing Receivable, Past Due [Table Text Block]

	*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)
March 31, 2025
1-4 family residential	$	900	$	—	$	263	$	1,163	$	119,090	$	120,253
Multi-family		—		—		—		—		3,335		3,335
Commercial		—		—		—		—		4,012		4,012
Construction		—		—		—		—		2,919		2,919
Consumer		—		—		—		—		226		226
Total	$	900	$	—	$	263	$	1,163	$	129,582	$	130,745

December 31, 2024
1-4 family residential	$	371	$	—	$	—	$	371	$	119,038	$	119,409
Multi-family		—		—		—		—		3,368		3,368
Commercial		—		—		—		—		4,197		4,197
Construction		—		—		—		—		3,651		3,651
Consumer		—		—		—		—		282		282
Total	$	371	$	—	$	—	$	371	$	130,536	$	130,907

Financing Receivable, Nonaccrual [Table Text Block]

	*March 31, 2025*				*December 31, 2024*				*January 1, 2024*
	*Nonaccrual with no Allowance for Credit Losses*		*Total Nonaccrual*		*Nonaccrual with no Allowance for Credit Losses*		*Total Nonaccrual*		*Nonaccrual with no Allowance for Credit Losses*		*Total Nonaccrual*
	(Dollars in thousands)
First mortgage loans
1-4 family residential	$	263	$	263	$	—	$	—	$	200	$	200
Multi-family		—		—		—		—		—		—
Commercial		—		—		—		—		—		—
Construction		—		—		—		—		—		—
Consumer loans		—		—		—		—		—		—
Total loans	$	263	$	263	$	—	$	—	$	200	$	200