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Catalyst Bancorp completes USD 41.1 million acquisition of Lakeside Bancshares

PUBT·07/14/2026 11:01:06
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Catalyst Bancorp completes USD 41.1 million acquisition of Lakeside Bancshares
  • Catalyst Bancorp completed its acquisition of Lakeside Bancshares and its subsidiary, Lakeside Bank, effective July 14, 2026.
  • Lakeside shareholders will receive USD 19.58 per share in cash, valuing the deal at about USD 41.1 million.
  • Based on March 31, 2026 data, the transaction lifts Catalyst Bank assets to about USD 620 million, with USD 390 million in loans and USD 478 million in deposits.
  • The deal adds four branches in Calcasieu Parish; systems conversion is planned for November 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Catalyst Bancorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607140700PR_NEWS_USPR_____DA03541) on July 14, 2026, and is solely responsible for the information contained therein.