Filing Analysis
Regulation FD Disclosure
Filed Apr 30, 2026
LOW
Catalyst Bancorp, Inc. announced its financial results for the first quarter ended March 31, 2026. The announcement was made via a press release furnished as an exhibit to the filing.
Key Facts
- Announced Q1 2026 financial results on April 30, 2026.
- Results cover the fiscal quarter ended March 31, 2026.
- The information was furnished under Item 2.02 and is not deemed filed for purposes of Section 18 of the Exchange Act.
Asset Acquisition
Filed Apr 08, 2026
MEDIUM
Catalyst Bancorp (CLST) has entered into a definitive agreement to acquire Lakeside Bancshares, Inc. for approximately $41.1 million in cash. The transaction involves a share exchange followed by the merger of Lakeside Bank into Catalyst Bank, with an expected completion in the third quarter of 2026.
Key Facts
- Catalyst Bancorp will pay $19.58 in cash for each outstanding share of Lakeside Bancshares common stock.
- The aggregate transaction value is approximately $41.1 million, subject to certain adjustments.
- The Boards of Directors of both companies have unanimously approved the Merger Agreement.
- Lakeside directors and certain shareholders have entered into Support Agreements to vote in favor of the merger.
- Lakeside directors have signed Restrictive Covenant Agreements including non-compete provisions.
- The deal is expected to close in Q3 2026, pending regulatory and Lakeside shareholder approval.
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Always review the original SEC filings and consult a financial advisor before making investment decisions.