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Catalyst Bancorp completes $41.1M acquisition of Lakeside Bancshares

Tue, 14 Jul 2026 07:00:20 -0400

Catalyst Bancorp, Inc. (Nasdaq: CLST) completed its acquisition of Lakeside Bancshares, Inc. (OTC Markets: LKSB) on July 14, 2026, according to a press release from the Opelousas, Louisiana-based company.

Lakeside shareholders received $19.58 per share in cash, totaling $41.1 million in aggregate. The agreement was first announced in April 2026.

Based on data as of March 31, 2026, the combined institution has approximately $620 million in total assets, $390 million in loans, and $478 million in deposits. Lakeside Bank had $375.7 million in assets, $229.8 million in loans, and $277.6 million in deposits at that date. Catalyst Bank held $288.5 million in

Catalyst Bancorp completes $41.1M acquisition of Lakeside Bancshares

Tue, 14 Jul 2026 07:00:20 -0400

Lakeside shareholders received $19.58 per share in cash, totaling $41.1 million in aggregate. The agreement was first announced in April 2026.

Catalyst Bancorp completes $41.1M acquisition of Lakeside Bancshares

Tue, 14 Jul 2026 07:00:20 -0400

Lakeside shareholders received $19.58 per share in cash, totaling $41.1 million in aggregate. The agreement was first announced in April 2026.

Catalyst Bancorp completes $41.1M acquisition of Lakeside Bancshares

Tue, 14 Jul 2026 07:00:20 -0400

Lakeside shareholders received $19.58 per share in cash, totaling $41.1 million in aggregate. The agreement was first announced in April 2026.

Catalyst Bancorp completes $41.1M acquisition of Lakeside Bancshares

Tue, 14 Jul 2026 07:00:20 -0400

Lakeside shareholders received $19.58 per share in cash, totaling $41.1 million in aggregate. The agreement was first announced in April 2026.

Catalyst Bancorp completes $41.1M acquisition of Lakeside Bancshares

Tue, 14 Jul 2026 07:00:20 -0400

Lakeside shareholders received $19.58 per share in cash, totaling $41.1 million in aggregate. The agreement was first announced in April 2026.

Catalyst Bancorp completes $41.1M acquisition of Lakeside Bancshares

Tue, 14 Jul 2026 07:00:20 -0400

Lakeside shareholders received $19.58 per share in cash, totaling $41.1 million in aggregate. The agreement was first announced in April 2026.

Catalyst Bancorp completes $41.1M acquisition of Lakeside Bancshares

Tue, 14 Jul 2026 07:00:20 -0400

Lakeside shareholders received $19.58 per share in cash, totaling $41.1 million in aggregate. The agreement was first announced in April 2026.

Catalyst Bancorp completes $41.1M acquisition of Lakeside Bancshares

Tue, 14 Jul 2026 07:00:20 -0400

Lakeside shareholders received $19.58 per share in cash, totaling $41.1 million in aggregate. The agreement was first announced in April 2026.

Catalyst Bancorp completes $41.1M acquisition of Lakeside Bancshares

Tue, 14 Jul 2026 07:00:20 -0400

Lakeside shareholders received $19.58 per share in cash, totaling $41.1 million in aggregate. The agreement was first announced in April 2026.

Catalyst Bancorp, Inc. Completes Acquisition of Lakeside Bancshares, Inc.