--- title: "NSTS Bancorp | 10-Q: FY2026 Q1 Revenue: USD 3.24 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286500893.md" datetime: "2026-05-15T03:12:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286500893.md) - [en](https://longbridge.com/en/news/286500893.md) - [zh-HK](https://longbridge.com/zh-HK/news/286500893.md) --- # NSTS Bancorp | 10-Q: FY2026 Q1 Revenue: USD 3.24 M Revenue: As of FY2026 Q1, the actual value is USD 3.24 M. EPS: As of FY2026 Q1, the actual value is USD -0.01. EBIT: As of FY2026 Q1, the actual value is USD -1.896 M. NSTS Bancorp, Inc. operates as a single reportable operating segment, North Shore Trust and Savings, aggregating all financial results on a company-wide basis . #### Operational Performance - **Net Loss**: NSTS Bancorp, Inc. reported a net loss of - $39,000 for the three months ended March 31, 2026, a significant improvement from the - $328,000 net loss for the same period in 2025, driven primarily by an increase in noninterest income . - **Net Interest Income**: Net interest income increased by $26,000 to $1,857,000 for the three months ended March 31, 2026, compared to $1,831,000 for the same period in 2025 . - **Interest Rate Spread**: The interest rate spread increased from 2.23% in Q1 2025 to 2.42% in Q1 2026 . - **Net Interest Margin**: The net interest margin also rose from 2.82% in Q1 2025 to 2.98% in Q1 2026, attributed to a reduction in higher-cost other borrowings . - **Reversal of Provision for Credit Losses**: The company recorded a reversal of provision for credit losses of - $26,000 for Q1 2026, consisting of a - $33,000 reversal on loans and a $7,000 provision related to unfunded commitments, compared to a - $37,000 reversal in Q1 2025 . - **Noninterest Income**: Total noninterest income increased by $321,000 to $655,000 for Q1 2026, up from $334,000 in Q1 2025 . This increase was mainly due to a higher gain on the sale of mortgage loans, which rose to $475,000 in Q1 2026 from $189,000 in Q1 2025 . Other noninterest income also increased due to $36,000 in subservicing fees . - **Noninterest Expense**: Total noninterest expenses increased by $47,000 to $2,577,000 for Q1 2026, compared to $2,530,000 for Q1 2025, primarily due to a 5.1% increase in salaries and employee benefits and higher data processing costs, partially offset by a $40,000 reduction in professional services expenses . #### Balance Sheet and Asset Quality - **Total Assets**: Total assets increased by $3,700,000 to $270,318,000 as of March 31, 2026, from $266,648,000 at December 31, 2025, driven by an increase in cash and cash equivalents . - **Cash and Cash Equivalents**: Cash and cash equivalents increased by $9,400,000 to $43,390,000 as of March 31, 2026, from $34,042,000 at December 31, 2025 . - **Securities Available for Sale**: The portfolio decreased to $76,717,000 as of March 31, 2026, from $78,719,000 at December 31, 2025, and included an unrealized loss position of - $8,300,000, or - 9.8%, as of March 31, 2026 . - **Loans Held for Sale**: Decreased by $2,700,000 to $1,759,000 at March 31, 2026, from $4,459,000 at December 31, 2025 . - **Loans, Net**: Decreased by $988,000 to $127,647,000 at March 31, 2026, from $128,635,000 at December 31, 2025 . - **Allowance for Credit Losses (ACL) on Loans**: Totaled $1,100,000 as of March 31, 2026, with a minimal change of approximately $33,000 during Q1 2026 . The ACL as a percentage of total loans was 0.85% at March 31, 2026 . - **Non-Performing Loans**: Totaled $283,000 at March 31, 2026, remaining stable from $284,000 at December 31, 2025 . - **Deposits**: Total deposits increased by $2,400,000 to $183,873,000 at March 31, 2026, from $181,472,000 at December 31, 2025, primarily due to an increase in time deposits . - **Escrow Deposits**: Increased by $1,100,000 to $2,662,000 at March 31, 2026, from $1,599,000 at December 31, 2025 . - **Total Equity**: Total equity remained flat at $79,974,000 as of March 31, 2026, and December 31, 2025 . - **Capital Ratios**: North Shore Trust and Savings’ Tier 1 capital to Average Assets was 24.93% at March 31, 2026, and 24.32% at December 31, 2025, exceeding the 9% requirement for a well-capitalized institution . #### Cash Flows - **Net Cash Provided by Operating Activities**: $5,533,000 for the three months ended March 31, 2026, compared to net cash used in operating activities of - $2,676,000 for the same period in 2025 . - **Net Cash Provided by Investing Activities**: $351,000 for the three months ended March 31, 2026, a decrease from $2,424,000 for the same period in 2025 . - **Net Cash Provided by Financing Activities**: $3,464,000 for the three months ended March 31, 2026, compared to $4,225,000 for the same period in 2025 . #### Outlook and Strategy NSTS Bancorp, Inc.’s strategy focuses on enhancing products and services, emphasizing one- to four-family residential first mortgage loans, and maintaining holdings in commercial and multi-family residential real estate loans . The company aims to expand loan originations in the Chicagoland area and actively monitors liquidity, deposit balances, and interest rates . Additionally, NSTS Bancorp, Inc. entered into a Merger Agreement with Brookfield Bancshares, Inc. on May 12, 2026, expecting to close in Q4 2026, where each share will be converted into cash totaling approximately $14.28 . ### Related Stocks - [NSTS.US](https://longbridge.com/en/quote/NSTS.US.md) ## Related News & Research - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md) - [Hafnia’s Q1 2026 Financial Results Presentation to Be Held on 27 May 2026 | HAFN Stock News](https://longbridge.com/en/news/287014236.md) - [Royce Small-Cap Trust (NYSE: RVT) as of Apr 30, 2026 | RVT Stock News](https://longbridge.com/en/news/287103750.md)