Catalyst Bancorp completes USD 41.1 million acquisition of Lakeside Bancshares
CLST•Catalyst Bancorp closes Lakeside Bancshares acquisition
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.
