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Catalyst Bancorp (Catalyst Bancorp) Allowance For Loans And Lease Losses : $-2.07 Mil (As of Mar. 2024)


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What is Catalyst Bancorp Allowance For Loans And Lease Losses?

Catalyst Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-2.07 Mil.

Catalyst Bancorp's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($-2.04 Mil) to Dec. 2023 ($-2.12 Mil) but then increased from Dec. 2023 ($-2.12 Mil) to Mar. 2024 ($-2.07 Mil).

Catalyst Bancorp's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-2.28 Mil) to Dec. 2022 ($-1.81 Mil) but then declined from Dec. 2022 ($-1.81 Mil) to Dec. 2023 ($-2.12 Mil).


Catalyst Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for Catalyst Bancorp's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Catalyst Bancorp Allowance For Loans And Lease Losses Chart

Catalyst Bancorp Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
-2.07 -3.02 -2.28 -1.81 -2.12

Catalyst Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.07 -2.08 -2.04 -2.12 -2.07

Catalyst Bancorp Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Catalyst Bancorp Allowance For Loans And Lease Losses Related Terms

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Catalyst Bancorp (Catalyst Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
235 N. Court Street, Opelousas, LA, USA, 70570
Catalyst Bancorp Inc is a federally-chartered community-oriented savings bank. The bank is engaged in attracting deposits from the general public and using those funds to invest in loans and securities. The sources of funds are customer deposits, repayments of loans, maturities of investments and funds borrowed from outside sources which are used for the origination of loans. The Bank derives its income principally from interest earned on loans and investment securities and, to a lesser extent, from fees received in connection with the origination of loans, service charges on deposit accounts and other services.
Executives
Kirk E. Kleiser director CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Ted D. Bellard director, other: Secretary CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Joseph B Zanco director, officer: President and CEO 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Bourque Jacques L.j. officer: Chief Financial Officer CATALYST BANCORP, INC., 235 NORTH COURT STREET, OPELOUSAS LA 70570
Jutta Codori officer: Chief Financial Officer CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Matthew L. Scruggins director CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Amanda B. Quebedeaux officer: Director of Operations CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Simone S. Perry officer: Chief Credit Officer CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Craig C. Lebouef director CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Frederick R. Lafleur director CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570
Todd A. Kidder director, officer: Chairman of the Board CATALYST BANCORP, INC., 235 N. COURT ST., OPELOUSAS LA 70570

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