The deal was fully anticipated and priced in — no surprise. Watch for the post-close financial statements (due within 71 days) to assess accretion/dilution and integration costs. The November 2026 system conversion is the next operational milestone.
Price Chart
Executive Summary
Catalyst Bancorp completed its all-cash acquisition of Lakeside Bancshares for $41.1 million, effective July 14, 2026. The deal more than doubles Catalyst's assets to ~$620 million and adds four branches in Southwest Louisiana, creating a materially larger community bank. The filing is a routine post-closing 8-K with no negative items — the transaction was previously announced and approved.
Key Facts
- Acquisition of Lakeside Bancshares closed July 14, 2026 for $41.1 million in cash ($19.58/share).
- Lakeside Bank had $375.7M in assets, $229.8M in loans, $277.6M in deposits as of March 31, 2026.
- Pro forma combined assets ~$620M, loans ~$390M, deposits ~$478M.
- Four additional branch locations in Calcasieu Parish, Louisiana added.
- Branch and system conversion planned for November 2026.
- Financial statements and pro forma information to be filed by amendment within 71 days.
Financial Impact
Deal value $41.1M cash, roughly 59% of Catalyst's pre-deal market cap of $69M. Pro forma assets more than double to ~$620M.
Risk Factors
- Integration risk — combining two bank systems and cultures may cause customer attrition or operational disruptions.
- Cost savings and synergies may take longer to realize than expected.
- Pro forma financials not yet filed; actual accretion/dilution unknown.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 10 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (CLST) — Batch item 1 | 0001849867-26-000014 |
| Document: clst-20260714xex99d1.htm | 0001849867-26-000014 |
| Document: 0001849867-26-000014-index-headers.html | 0001849867-26-000014 |
| Document: 0001849867-26-000014-index.html | 0001849867-26-000014 |
| Document: 0001849867-26-000014.txt | 0001849867-26-000014 |
| 8-K Filing (CLST) — Batch item 6 | 0001849867-26-000014 |
| Document: clst-20260714xex99d1.htm | 0001849867-26-000014 |
| Document: 0001849867-26-000014-index-headers.html | 0001849867-26-000014 |
| Document: 0001849867-26-000014-index.html | 0001849867-26-000014 |
| Document: 0001849867-26-000014.txt | 0001849867-26-000014 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 6w ago | 8-K | $17.92 | awaiting T+60 | — | $16.91 (−5.64%) |
Aug 18, 2026 10w ago | 8-K | $17.53 | awaiting T+60 | — | $16.91 (−3.54%) |
Jul 14, 2026 15w ago | 8-K | $16.75 $16.80 | ▲ +0.30% | ▼ −3.08% | $16.91 (+0.96%) |
Apr 30, 2026 25w ago | 8-K | $15.96 $17.34 | ▲ +8.68% | ▲ +5.57% | $16.91 (+5.95%) |
Apr 8, 2026 28w ago | 8-K | $15.97 $16.51 | ▲ +3.38% | ▼ −7.40% | $16.91 (+5.89%) |
US Market Status
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