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

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Real Estate Owned [Text Block]

Note 4: Other Real Estate Owned

At September 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 September 30,*				*Nine months ended September 30,*
	*2022*		*2021*		*2022*		*2021*
	(Dollars in thousands)
Transfer of loan to OREO	$	—	$	109	$	—	$	171
Sale of OREO		—		68		—		68
Gross gain realized on transfer to OREO		—		9		—		15
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 September 30, 2022 and there were $60,000 as of December 31, 2021.