NSTS Bancorp Q2 FY26 net loss narrows to 204,000 from year-ago loss of 258,000
Reuters2026/08/13 20:27- NSTS Bancorp posted a net loss of $204,000 for the quarter ended June 30, 2026, narrowing from a $258,000 loss a year earlier.
- Net interest income slipped 3.43% to $1.7 million, while net interest margin widened 0.01 percentage point to 2.78%.
- Noninterest income more than doubled to $1.49 million, driven by a $918,000 bank-owned life insurance death benefit payout.
- Noninterest expense rose 25.44% to $3.44 million on $611,000 of merger-related transaction costs plus equity-award vesting expenses.
- Brookfield Bancshares deal targets a fourth-quarter 2026 close, valuing the transaction at $73.66 million, or about $14.28 per share.
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