NSTS Bancorp, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Note 4 - Other Real Estate Owned

Note 4 - Other Real Estate Owned

6 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Real Estate Owned [Text Block]

Note 4: Other Real Estate Owned

At June 30, 2022 and December 31, 2021, the balance of other real estate owned was $0 and $68,000, respectively.

The following table represents the movement in OREO during the periods presented.

	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
	(Dollars in thousands)
Transfer of loan to OREO	$	—	$	—	$	—	$	62
Sale of OREO		—		—		—		—
Gross gain realized on transfer to OREO		—		—		—		6
Gross gain realized on sale of OREO		—		—		—		—

There were no consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process as of June 30, 2022 and there were $60,000 as of December 31, 2021.