NSTS earnings analysis
What we found in NSTS's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
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.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- 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.
- 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.
- 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.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- 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.
- 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.
- 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.
What they said about what is next.
The provided filing excerpt contains no quantitative outlook, revenue guidance, or EPS guidance. Item 1A risk factors are not required for smaller reporting companies.
The filing reads about the same as the one before it.
What came before.
- 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…
- 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. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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