10-Q · May 14, 2026
NSTS Bancorp, Inc. reported a slight improvement in financial performance for Q1 2026, with a reduced net loss of $39,000 compared to a net loss of $328,000 in Q1 2025. Total revenue remained steady at $3 million while…
Earnings analysis · 10-Q
NSTS earnings analysis
Filed August 13, 2026 · Our reading of the company's report
The latest report
The provided 10-Q excerpt does not include the income statement, balance sheet, cash-flow statement, segment data, or MD&A, so revenue, margin, EPS, liquidity, and free-cash-flow trends cannot be assessed from the…
Read full summary
The provided 10-Q excerpt does not include the income statement, balance sheet, cash-flow statement, segment data, or MD&A, so revenue, margin, EPS, liquidity, and free-cash-flow trends cannot be assessed from the filing text supplied. Controls were effective as of June 30, 2026, and the company reported no material legal proceedings. The filing references a merger agreement dated May 12, 2026, but provides no quantitative outlook or transaction impact in the excerpt.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Disclosure controls remained effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026, and reported no changes in internal control over financial reporting during the quarter ended June 30, 2026.
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No material legal proceedings
The company reported no material legal proceedings and said resolutions of ordinary-course legal actions are not expected to materially affect financial condition, results of operations, or cash flows.
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Limited treasury-share activity
The Bank repurchased 8,402 shares at a fair market value of $13.75 per share through net share settlement of employee restricted-stock awards; no formal repurchase program was in place during the three or six months ended June 30, 2026.
What to watch
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Merger execution uncertainty
The filing identifies a merger agreement dated May 12, 2026, among Brookfield Bancshares, BRKD Merger Sub, and NSTS Bancorp. The provided excerpt does not describe transaction timing, conditions, financing, or expected financial effects.
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Equity settlement activity
The Bank repurchased 8,402 shares at $13.75 per share for employee tax withholding, which represents a use of equity and may modestly reduce shares outstanding; no formal repurchase program existed during the three or six months ended June 30, 2026.
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Risk-factor disclosure unavailable
No company-specific risk-factor update is available because Item 1A states that risk-factor disclosure is not required for smaller reporting companies.
Management's outlook
The provided filing excerpt contains no quantitative outlook, revenue guidance, or EPS guidance. Item 1A risk factors are not required for smaller reporting companies.
Earlier filings 4
10-K · March 27, 2026
NSTS positions itself as a community-focused savings institution concentrated on one- to four-family residential mortgage lending, selling conforming originations into the secondary market. Financial performance…
10-Q · August 14, 2025
NSTS reported quarterly revenue of $2,543,000 and a smaller net loss of $(258,000) (EPS $(0.05)) for Q2 2025. Revenue rose year-over-year driven by higher noninterest income (notably mortgage loan gains), deposits and…
10-Q · May 14, 2025
Q1 2025 showed revenue expansion driven by higher interest income (total interest income $2,750,000 vs $2,405,000 a year ago) and modest noninterest income ($334,000). However, noninterest expense rose to $2,530,000 and…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.