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 .<h4>Operational Performance</h4><ul><li>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 .</li><li>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 .<ul><li>Interest Rate Spread: The interest rate spread increased from 2.23% in Q1 2025 to 2.42% in Q1 2026 .</li><li>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 .</li></ul></li><li>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 .</li><li>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 .</li><li>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 .</li></ul><h4>Balance Sheet and Asset Quality</h4><ul><li>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 .</li><li>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 .</li><li>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 .</li><li>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 .</li><li>Loans, Net: Decreased by $988,000 to $127,647,000 at March 31, 2026, from $128,635,000 at December 31, 2025 .</li><li>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 .</li><li>Non-Performing Loans: Totaled $283,000 at March 31, 2026, remaining stable from $284,000 at December 31, 2025 .</li><li>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 .</li><li>Escrow Deposits: Increased by $1,100,000 to $2,662,000 at March 31, 2026, from $1,599,000 at December 31, 2025 .</li><li>Total Equity: Total equity remained flat at $79,974,000 as of March 31, 2026, and December 31, 2025 .</li><li>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 .</li></ul><h4>Cash Flows</h4><ul><li>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 .</li><li>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 .</li><li>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 .</li></ul><h4>Outlook and Strategy</h4>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 .

NSTS Bancorp | 10-Q: FY2026 Q1 Revenue: USD 3.24 M