NSTS Bancorp Files 2024 10-K
Ticker: NSTS · Form: 10-K · Filed: Mar 28, 2025 · CIK: 1881592
| Field | Detail |
|---|---|
| Company | Nsts Bancorp, Inc. (NSTS) |
| Form Type | 10-K |
| Filed Date | Mar 28, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, regulatory-capital, 10-k
TL;DR
NSTS Bancorp's 2024 10-K is in: Assets $5.25B, Liabilities $5.32B. Check for leverage ratio risks.
AI Summary
NSTS Bancorp, Inc. filed its 2024 10-K on March 28, 2025, reporting on its fiscal year ending December 31, 2024. The filing details the company's financial performance and position as a federally chartered savings institution. Key financial data includes total assets of $5,249,826 thousand and total liabilities of $5,315,261 thousand for the fiscal year.
Why It Matters
This filing provides investors and stakeholders with a comprehensive overview of NSTS Bancorp's financial health and operational performance for the past fiscal year, influencing investment decisions.
Risk Assessment
Risk Level: medium — The filing mentions potential failure to exceed leverage ratio thresholds, which could require the company to revert to previous capital adequacy rules.
Key Numbers
- $5.25B — Total Assets (As of fiscal year end 2024)
- $5.32B — Total Liabilities (As of fiscal year end 2024)
- $10.35 — Stock Price (As of September 30, 2023)
- $9.05 — Stock Price (As of September 30, 2024)
Key Players & Entities
- NSTS Bancorp, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-03-28 (date) — Filing date
- $5,249,826 (dollar_amount) — Total assets for FY 2024
- $5,315,261 (dollar_amount) — Total liabilities for FY 2024
- $10.35 (dollar_amount) — Stock price on Sep 30, 2023
- $9.05 (dollar_amount) — Stock price on Sep 30, 2024
FAQ
What was the net income for NSTS Bancorp in fiscal year 2024?
The provided snippet does not explicitly state the net income for fiscal year 2024. It lists '352,033' and '269,898' which could represent net income or other financial figures, but without clear labels in this excerpt, a definitive answer cannot be provided.
What is the company's SIC code?
The Standard Industrial Classification (SIC) code for NSTS Bancorp, Inc. is 6035, which corresponds to 'SAVINGS INSTITUTION, FEDERALLY CHARTERED'.
What is the business address of NSTS Bancorp?
The business address for NSTS Bancorp is 700 LEWIS AVE., WAUKEGAN, IL 60085.
What was the intrinsic value of outstanding options on September 30, 2024?
The aggregate intrinsic value of outstanding and exercisable options on September 30, 2024, was calculated based on a closing market price of $9.05 per share, less the exercise price.
What are the potential consequences if the company fails to meet leverage ratio thresholds?
Failure to exceed the leverage ratio thresholds required under CBLR could necessitate the Company returning to the risk-based capital ratio thresholds previously utilized under the fully phased-in Basel III Capital Rules.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 28, 2025 regarding NSTS Bancorp, Inc. (NSTS).