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Mergers & Acquisitions•26 June 2026•

1 min read

Catalyst Bancorp, Lakeside Bancshares Secure Merger Approvals

Key Facts

1Catalyst Bancorp (CLST) and Lakeside Bancshares (LKSB) have received shareholder and regulatory approvals for their pending mergers.

Amid a wave of consolidation in the regional banking sector, Catalyst Bancorp Inc. (CLST) and Lakeside Bancshares Inc. (LKSB) have received the required shareholder and regulatory approvals to proceed with their planned merger, according to a company announcement. This milestone brings the long-pending deal one step closer to completion in the small-bank space.

The progress on the merger comes as community banks pursue consolidation to strengthen capital bases and reduce costs. CLST stock has shown relative stability, closing at $16.50 on June 25, 2026, per market data. The parties are expected to finalize closing formalities in the near term, with no immediate catalysts from the economic calendar.

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