NSTS Bancorp, Inc.
Description
NSTS Bancorp, Inc. operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois. The company offers interest-bearing and noninterest-bearing checking, money market, savings, and time deposit accounts; and one- to four-family residential mortgage, multi-family and commercial real estate mortgage, construction, home equity, and consumer loans. It also provides online banking services. The company operates through full-service banking offices in Waukegan and Lindenhurst; and three loan production offices in Chicago, Plainfield, and Aurora. NSTS Bancorp, Inc. was founded in 1921 and is headquartered in Waukegan, Illinois.
About
CEO
Mr. Stephen G. Lear
Employees
48
Instrument type
Common Stock
Sector
Financial Services
Industry
Banks - Regional
MIC code
XNCM
Address
700 South Lewis Avenue, Waukegan, IL 60085, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| May 10, 2024 | — | — | — | — |
| Mar 28, 2024 | — | — | — | — |
| Nov 13, 2023 | — | — | — | — |
| Aug 11, 2023 | — | — | — | — |
| May 12, 2023 | — | 0.03 | — | — |
Earnings estimate
| Number of analysts | — | — | — | — |
|---|---|---|---|---|
| Average estimate | — | — | — | — |
| Low estimate | — | — | — | — |
| High estimate | — | — | — | — |
| Last year EPS | — | — | — | — |
[stock_revenue_estimate]
Growth estimates
Current qtr
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Next qtr.
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Current year
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Next year
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Next 5 years (per annum)
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Past 5 years (per annum)
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Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 4.95M | 6.73M | 5.18M | 5.99M | 6.05M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 5.23M | 4.50M | 3.75M | 4.60M | 4.17M |
| Other operating expenses | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | — | — | — | — |
| Other income expense | — | — | — | — | — |
| Pretax income | -2.96M | 173,000 | -269,000 | -615,000 | 328,072 |
| Tax provision | 999,000 | 146,000 | -214,000 | -503,000 | -85,739 |
| Net income | -3.96M | 27,000 | -55,000 | -112,000 | 413,811 |
| Basic EPS | -0.79 | 0.01 | -0.01 | -0.02 | 0.08 |
| Diluted EPS | -0.79 | 0.01 | -0.01 | -0.02 | 0.08 |
| Basic average shares | 5.00M | 4.73M | 5.40M | 5.40M | 5.40M |
| Diluted average shares | 5.00M | 4.73M | 5.40M | 5.40M | 5.40M |
| EBITDA | — | — | — | — | — |
| Net income from continuing op. | -3.96M | 27,000 | -55,000 | -112,000 | 413,811 |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | — | — | — | — | — |
| Current assets | |||||
| Cash | 1.00M | 1.58M | 814,000 | 884,000 | 1.01M |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 33.38M | 17.62M | 125.08M | 44.30M | 52.55M |
| Other short term investments | 82.14M | 121.21M | 100.95M | 81.62M | 68.57M |
| Accounts receivable | 758,000 | 852,000 | 641,000 | 672,000 | 636,319 |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | — | — | — |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | — | — | — | — | — |
| Land and improvements | 2.94M | 2.70M | 2.70M | 2.70M | 2.70M |
| Machinery furniture equipment | 1.42M | 1.39M | 1.37M | 1.62M | 1.59M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -6.09M | -5.83M | -5.56M | -5.59M | -5.36M |
| Goodwill | — | — | — | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | 82.14M | 121.21M | 100.95M | 81.62M | 68.57M |
| Other non current assets | — | — | — | — | — |
| Total liabilities | — | — | — | — | — |
| Current liabilities | |||||
| Accounts payable | — | — | — | — | — |
| Accrued expenses | — | 3.70M | 3.62M | 3.57M | 3.90M |
| Short term debt | — | — | — | — | — |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 32.77M | 31.64M | 122.02M | 30.10M | 20.05M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 56,000 | 54,000 | — | — | — |
| Retained earnings | 41.06M | 45.29M | 45.26M | 45.32M | 45.43M |
| Other shareholders equity | -8.22M | -11.13M | -81,000 | 1.41M | 333,188 |
| Total shareholders equity | 77.55M | 80.54M | 45.18M | 46.73M | 45.76M |
| Additional paid in capital | 50.92M | 50.42M | — | — | — |
| Treasury stock | 2.38M | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -3.96M | 27,000 | -55,000 | -112,000 | 413,811 |
| Depreciation | 266,000 | 267,000 | 268,000 | 290,000 | 284,359 |
| Deferred Taxes | — | — | — | — | — |
| Stock-Based Compensation | 718,000 | 246,000 | — | — | — |
| Other Non-Cash Items | -540,000 | 1.04M | 2.08M | -645,000 | 29,587 |
| Accounts Receivable | 165,000 | 648,000 | -1.27M | -272,000 | -122,062 |
| Accounts Payable | — | — | — | — | — |
| Other Assets & Liabilities | — | — | — | — | — |
| Operating Cash Flow | -3.35M | 2.23M | 1.02M | -739,000 | 605,695 |
| Investing Activities | |||||
| Capital Expenditures | -516,000 | -215,000 | -142,000 | -104,000 | -114,132 |
| Net Intangibles | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | — |
| Purchase of Investments | — | -59.53M | -48.97M | -38.63M | -6.76M |
| Sale of Investments | 40.80M | 22.87M | 26.37M | 26.31M | 10.79M |
| Investing Cash Flow | 40.28M | -36.88M | -22.59M | -12.43M | 4.16M |
| Financing Activities | |||||
| Long-Term Debt Issuance | 15.00M | — | 5.00M | 4.00M | — |
| Long-Term Debt Payments | -10.00M | -9.32M | -4.00M | — | — |
| Other Financing Charges | — | — | — | — | — |
| Financing Cash Flow | 2.62M | 40.12M | 1.00M | 4.00M | — |
| Other Cash Details | |||||
| End Cash Position | 31.39M | 13.15M | 121.61M | 31.87M | 32.38M |
| Income Tax Paid | — | — | — | 37,000 | — |
| Interest Paid | 1.46M | 766,000 | 948,000 | 1.54M | 1.70M |
| Free Cash Flow | -85,000 | 2.77M | 1.31M | -724,000 | 1.63M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 186,636 | 2.40M | 3.55% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 36,434 | 468,176 | 0.69% |
| Fidelity Extended Market Index Fund | Nov 30, 2024 | 21,296 | 273,653 | 0.40% |
| iShares Micro Cap ETF | Nov 30, 2024 | 10,771 | 138,407 | 0.20% |
| Fidelity Total Market Index Fund | Nov 30, 2024 | 7,676 | 98,636 | 0.15% |
| Fidelity Series Total Market Index Fund | Nov 30, 2024 | 5,181 | 66,575 | 0.10% |
| Schwab Capital Trust-Total Stock Market Index Fund | Oct 31, 2024 | 1,610 | 20,688 | 0.03% |
| EQ Advisors Trust-1290 VT Micro Cap Port | Sep 30, 2024 | 764 | 9,817 | 0.01% |
Article
Emily Ansani Appointed to Board of Directors of NSTS Bancorp, Inc. and North Shore Trust and Savings
WAUKEGAN, Ill., April 22, 2024 (GLOBE NEWSWIRE) -- NSTS Bancorp, Inc. (the “Company”), the holding company for North Shore Trust and Savings (the “Bank”), announced today that Ms. Emily E. Ansani has been appointed to the Board of Directors of both the Company and the Bank. Ms. Ansani was appointed to fill the vacancy in the class of directors whose term expires at the Company's annual stockholder meeting in 2025.
Apr 22, 2024
Article
NSTS Bancorp Announces Balance Sheet Repositioning
WAUKEGAN, Ill., Dec. 22, 2023 (GLOBE NEWSWIRE) -- NSTS Bancorp, Inc. (NASDAQ: NSTS) (the “Company” or “NSTS Bancorp”), the stock holding company of North Shore Trust and Savings, announced today the execution of a balance sheet repositioning strategy related to its available-for-sale investment securities portfolio.
Dec 22, 2023
Article
NSTS Bancorp Announces Authorization of Stock Repurchase Program
WAUKEGAN, Ill., Dec. 21, 2023 (GLOBE NEWSWIRE) -- NSTS Bancorp, Inc. (NASDAQ: NSTS) (the “Company” or “NSTS Bancorp”), the stock holding company of North Shore Trust and Savings, announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to an aggregate of 265,763 shares of the Company's outstanding common stock. The shares authorized to be repurchased represent approximately 5.0% of the Company's currently outstanding common stock. The program will be in effect until December 31, 2024, unless earlier terminated.
Dec 21, 2023
