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

Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2021

Fair Value of Financial Instruments

Schedule of carrying amounts and estimated fair values by fair value hierarchy of certain financial instruments


		Carrying												Estimated
		Amount			Level 1			Level 2			Level 3			Fair Value

		(Dollars in thousands)
September 30, 2021
Financial assets:
Loans, net		$	96,151		$	—		$	98,483		$	—		$	98,483
Financial liabilities:
Interest-bearing deposits		$	192,808		$	—		$	191,318		$	—		$	191,318
FHLB Advance			5,000			—			5,009			—			5,009

December 31, 2020
Financial assets:
Loans, net		$	98,455		$	—		$	102,034		$	—		$	102,034
Financial liabilities:
Interest-bearing deposits		$	176,670		$	—		$	177,280		$	—		$	177,280
FHLB Advance			4,000			—			4,012			—			4,012