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

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

6 Months Ended

Jun. 30, 2022

	*June 30, 2022*
	*1-4 family*
	*residential*			*Multi-family*			*Commercial*		*Consumer*		*Total*
	(Dollars in thousands)
Three months ended
Beginning balance	$	729		$	27		$	26	$	3	$	785
Charge-offs		—			—			—		—		—
Recoveries		—			—			—		—		—
Net recoveries (charge-offs)		—			—			—		—		—
(Release of) Provision for loan losses		(16	)		(1	)		—		1		(16	)
Ending balance	$	713		$	26		$	26	$	4	$	769

	*June 30, 2022*
	*1-4 family*
	*residential*		*Multi-family*			*Commercial*		*Consumer*			*Total*
	(Dollars in thousands)
Six months ended
Beginning balance	$	675	$	69		$	25	$	10		$	779
Charge-offs		—		—			—		—			—
Recoveries		6		—			—		—			6
Net recoveries (charge-offs)		6		—			—		—			6
(Release of) Provision for loan losses		32		(43	)		1		(6	)		(16	)
Ending balance	$	713	$	26		$	26	$	4		$	769

	*June 30, 2021*
	*1-4 family*
	*residential*			*Multi-family*		*Commercial*			*Consumer*			*Total*
	(Dollars in thousands)
Three months ended
Beginning balance	$	710		$	26	$	30		$	106		$	872
Charge-offs		—			—		—			(99	)		(99	)
Recoveries		2			—		—			—			2
Net recoveries (charge-offs)		2			—		—			(99	)		(97	)
(Release of) Provision for loan losses		(5	)		22		(3	)		3			17
Ending balance	$	707		$	48	$	27		$	10		$	792

	*June 30, 2021*
	*1-4 family*
	*residential*			*Multi-family*		*Commercial*			*Consumer*			*Total*
	(Dollars in thousands)
Six months ended
Beginning balance	$	798		$	29	$	38		$	5		$	870
Charge-offs		—			—		—			(99	)		(99	)
Recoveries		4			—		—			—			4
Net recoveries (charge-offs)		4			—		—			(99	)		(95	)
(Release of) Provision for loan losses		(95	)		19		(11	)		104			17
Ending balance	$	707		$	48	$	27		$	10		$	792

	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)
June 30, 2022
1-4 family residential	$	13	$	123	$	40	$	176	$	87,410	$	87,586
Multi-family		—		—		—		—		3,399		3,399
Commercial		—		—		—		—		4,128		4,128
Consumer		—		—		—		—		179		179
Total	$	13	$	123	$	40	$	176	$	95,116	$	95,292

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*
	(Dollars in thousands)
June 30, 2022
With no related allowance recorded
1-4 family residential	$	322	$	525	$	—
Multi-family		—		—		—
Commercial		—		—		—
Consumer		—		—		—
Total	$	322	$	525	$	—
With a related allowance recorded
1-4 family residential	$	673	$	680	$	104
Multi-family		—		—		—
Commercial		—		—		—
Consumer		—		—		—
Total	$	673	$	680	$	104
Balance at June 30, 2022	$	995	$	1,205	$	104
December 31, 2021
With no related allowance recorded
1-4 family residential	$	355	$	595	$	—
Multi-family		—		—		—
Commercial		—		—		—
Consumer		—		—		—
Total	$	355	$	595	$	—
With a related allowance recorded
1-4 family residential	$	781	$	797	$	118
Multi-family		—		—		—
Commercial		—		—		—
Consumer		—		—		—
Total	$	781	$	797	$	118
Balance at December 31, 2021	$	1,136	$	1,392	$	118

	*Average recorded investment*		*Interest income recognized*
	(Dollars in thousands)
June 30, 2022
With no related allowance recorded
1-4 family residential	$	324	$	7
Multi-family		—		—
Commercial		—		—
Consumer		—		—
Total	$	324	$	7
With a related allowance recorded
1-4 family residential	$	677	$	8
Multi-family		—		—
Commercial		—		—
Consumer		—		—
Total	$	677	$	8
Balance for the Three Months Ended June 30, 2022	$	1,001	$	15
June 30, 2021
With no related allowance recorded
1-4 family residential	$	1,339	$	18
Multi-family		—		—
Commercial		—		—
Consumer		—		—
Total	$	1,339	$	18
With a related allowance recorded
1-4 family residential	$	984	$	10
Multi-family		—		—
Commercial		—		—
Consumer		—		—
Total	$	984	$	10
Balance for the Three Months Ended June 30, 2021	$	2,323	$	28

	*Average recorded investment*		*Interest income recognized*
	(Dollars in thousands)
June 30, 2022
With no related allowance recorded
1-4 family residential	$	326	$	13
Multi-family		—		—
Commercial		—		—
Consumer		—		—
Total	$	326	$	13
With a related allowance recorded
1-4 family residential	$	680	$	15
Multi-family		—		—
Commercial		—		—
Consumer		—		—
Total	$	680	$	15
Balance for the six months ended June 30, 2022	$	1,006	$	28
June 30, 2021
With no related allowance recorded
1-4 family residential	$	1,424	$	37
Multi-family		—		—
Commercial		—		—
Consumer		—		—
Total	$	1,424	$	37
With a related allowance recorded
1-4 family residential	$	990	$	22
Multi-family		—		—
Commercial		—		—
Consumer		—		—
Total	$	990	$	22
Balance for the six months ended June 30, 2021	$	2,414	$	59