Catalyst Bancorp, Inc. functions as the parent entity for St. Landry Homestead Federal Savings Bank, providing a comprehensive suite of financial products and services across the Acadiana region in south-central Louisiana. The institution offers diverse deposit options for its clientele, encompassing savings accounts, checking and negotiable order of withdrawal (NOW) accounts, money market accounts, and certificates of deposit. Additionally, it originates various types of loans, including mortgages for one-to-four-family homes, commercial real estate and multi-family residential financing, construction and land development loans, commercial and industrial loans, and consumer loans. Beyond its core banking activities, the company allocates capital into a broad spectrum of securities. These investments include mortgage-backed instruments, obligations issued by the U.S. Treasury, securities from various federal agencies and state/municipal governments, certificates of deposit placed with federally insured financial institutions, and federal funds. Catalyst Bancorp maintains a physical presence through six full-service branches located in Carencro, Eunice, Lafayette, Opelousas, and Port Barre. The company, which traces its origins back to 1922, is headquartered in Opelousas, Louisiana.
Catalyst Bancorp, Inc. Announces 2026 Second Quarter Results
Catalyst Bancorp reported Q2 2026 net income of $524,000, or $0.14 per diluted share, a decline from the prior quarter linked to lower loan balances, though net interest margin improved slightly to 3.86%.
The company completed its acquisition of Lakeside Bancshares on July 14, 2026, incurring $87,000 in merger-related expenses, and repurchased 24,206 shares during the quarter at an average cost of $16.20.
Credit quality strengthened with non-performing assets falling 14% quarter-over-quarter to $2.3 million, while total deposits increased 1% to $196.4 million.