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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:right;margin:0pt;">Registration No. 333-__________</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:right;margin:0pt;">Filed January 27, 2022</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>UNITED STATES</b></p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>WASHINGTON, D.C. 20549</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: center; margin: 0pt;"><b>FORM S-8</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: center; margin: 0pt;"><b>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</b></p>

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			<td colspan="3" style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 63%; font-size: 10pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>Catalyst Bancorp, Inc.</b></p>
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			<td colspan="3" style="vertical-align: top; width: 63%; font-size: 10pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">(Exact Name of Registrant as Specified in Its Charter)</p>
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			<td colspan="3" style="vertical-align: top; width: 63%; font-size: 10pt;">&nbsp;</td>
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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>Louisiana</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
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			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 63%; font-size: 10pt; text-align: right;"><b>86-2411762</b></td>
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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt;">(State or Other Jurisdiction of Incorporation or Organization)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
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			<td style="vertical-align: top; width: 63%; font-size: 10pt; text-align: right;">&nbsp;&nbsp;(I.R.S. Employer Identification No.)</td>
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			<td colspan="3" style="vertical-align: top; width: 63%; font-size: 10pt;">&nbsp;</td>
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			<td colspan="2" style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 63%; font-size: 10pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt;"><b>235 N. Court Street, Opelousas, Louisiana </b></p>
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			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 63%; font-size: 10pt; text-align: right;"><b>70570</b></td>
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			<td colspan="2" style="vertical-align: top; width: 63%; font-size: 10pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;">(Address of Principal Executive Offices)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
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			<td style="vertical-align: top; width: 63%; font-size: 10pt; text-align: right;">&nbsp;(Zip Code)</td>
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			<td colspan="3" style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 63%; font-size: 10pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;"><b>St. Landry Homestead Federal Savings Bank 401(k) Plan</b></p>
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			<td colspan="3" style="vertical-align: top; width: 63%; font-size: 10pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">(Full Title of the Plan)</p>
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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 59pt; text-indent: -9pt;">Joseph B. Zanco</p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 59pt; text-indent: -9pt;">President and Chief Executive Officer</p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 50pt;">Catalyst Bancorp, Inc.</p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 50pt;">235 N. Court Street</p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 50pt;">Opelousas, Louisiana 70570</p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt 50pt;">(337) 948-3033</p>
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			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 18%; font-size: 10pt;">&nbsp;</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 37%; font-size: 10pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt;"><i>Copies to:</i></p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt;">Eric M. Marion, Esq.</p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt;">Silver, Freedman, Taff &amp; Tiernan LLP</p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt;">3299 K Street, N.W., Suite 100</p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt;">Washington, D.C. 20007</p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt;">(202) 295-4500</p>
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			<td colspan="3" style="vertical-align: top; width: 63%; font-size: 10pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; text-align: center; margin: 0pt;">(Name, Address and Telephone Number of Agent For Service)</p>
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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer&#8221; and &#8220;smaller reporting company&#8221; in Rule 12b-2 of the Exchange Act.</p>

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<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

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			<td style="vertical-align: top; width: 16%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Large accelerated filer</p>
			</td>
			<td style="vertical-align: top; width: 16%;">&#9744;</td>
			<td style="vertical-align: top; width: 62px;">&nbsp;</td>
			<td style="vertical-align: top; width: 45px;">&nbsp;</td>
			<td style="vertical-align: top; width: 562px;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Accelerated filer&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
			</td>
			<td style="vertical-align: top; width: 16%;">&#9744;</td>
			<td style="vertical-align: top; width: 16%;">&nbsp;</td>
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			<td style="vertical-align: top; width: 16%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Non-accelerated filer</p>
			</td>
			<td style="vertical-align: top; width: 16%;">&#9744;</td>
			<td style="vertical-align: top; width: 62px;">&nbsp;</td>
			<td style="vertical-align: top; width: 45px;">&nbsp;</td>
			<td style="vertical-align: top; width: 562px;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Smaller reporting company</p>
			</td>
			<td style="vertical-align: top; width: 16%;">&#9746;</td>
			<td style="vertical-align: top; width: 16%;">&nbsp;</td>
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			<td colspan="2" style="vertical-align: top; width: 32%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">(Do not check if a smaller reporting company)</p>
			</td>
			<td style="vertical-align: top; width: 62px;">&nbsp;</td>
			<td style="vertical-align: top; width: 45px;">&nbsp;</td>
			<td style="vertical-align: top; width: 562px;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Emerging growth company&nbsp;&nbsp;&nbsp;</p>
			</td>
			<td style="vertical-align: top; width: 16%;">&#9746;</td>
			<td style="vertical-align: top; width: 16%;">&nbsp;</td>
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<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

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			<td colspan="5" style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: top; width: 90%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>CALCULATION OF REGISTRATION FEE</b></p>
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			<td style="border-bottom:solid 1px #000000;vertical-align:bottom;width:31%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Title of Securities to be </b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Registered</b></p>
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			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 19%; border-left: 1px solid rgb(0, 0, 0);">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Amount to be</b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Registered (1)</b></p>
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			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 18%; border-left: 1px solid rgb(0, 0, 0);">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Proposed </b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Maximum </b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Offering Price </b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Per Share (2)</b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 22%; border-left: 1px solid rgb(0, 0, 0);">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Proposed Maximum </b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Aggregate Offering </b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Price (2)</b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: bottom; width: 10%; border-left: 1px solid rgb(0, 0, 0);">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Amount of</b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Registration </b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Fee</b></p>
			</td>
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			<td style="border-bottom:solid 1px #000000;vertical-align:top;width:31%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Common Stock $.01 par value</p>
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			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 19%; border-left: 1px solid rgb(0, 0, 0);">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:right;margin:0pt;">200,000 shares (3)</p>
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			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 18%; border-left: 1px solid rgb(0, 0, 0);">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">$13.79(4)</p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 22%; border-left: 1px solid rgb(0, 0, 0);">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">$2,758,000</p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 10%; border-left: 1px solid rgb(0, 0, 0);">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">$255.67</p>
			</td>
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			<td style="border-bottom:double 3px #000000;vertical-align:top;width:31%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Participation Interests</p>
			</td>
			<td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: top; width: 19%; border-left: 1px solid rgb(0, 0, 0);">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:right;margin:0pt;">--(5)</p>
			</td>
			<td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: top; width: 18%; border-left: 1px solid rgb(0, 0, 0);">&nbsp;</td>
			<td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: top; width: 22%; border-left: 1px solid rgb(0, 0, 0);">&nbsp;</td>
			<td style="border-bottom: 3px double rgb(0, 0, 0); vertical-align: top; width: 10%; border-left: 1px solid rgb(0, 0, 0);">&nbsp;</td>
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<p style="margin: 0pt;">&nbsp;</p>

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			<td style="vertical-align: top; width: 85px;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt;">(1)</p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 1664px;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Together with an indeterminate number of additional shares which may be necessary to adjust the number of shares reserved for issuance pursuant to the St. Landry Homestead Federal Savings Bank 401(k) Plan (the "Plan") as the result of a stock split, stock dividend or similar adjustment of the outstanding common stock, par value $.01 per share (&#8220;Common Stock&#8221;), of Catalyst Bancorp, Inc. (the &#8220;Company&#8221;) pursuant to 17 C.F.R. &#167;230.416(a).</p>
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			<td style="vertical-align: top; width: 85px;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">(2)</p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 1664px;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Estimated solely for the purpose of calculating the registration fee.</p>
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			<td style="vertical-align: top; width: 85px;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">(3)</p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 1664px;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Represents an estimate of such presently undeterminable number of shares of Common Stock as may be purchased with employee contributions pursuant to the Plan.</p>
			</td>
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			<td style="vertical-align: top; width: 85px;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">(4)</p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 1664px;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The average of the high and low price of the Common Stock as reported by the Nasdaq Stock Market on January 21, 2022 in accordance with 17 C.F.R. &#167;230.457(c).</p>
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			<td style="vertical-align: top; width: 85px;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">(5)</p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 1664px;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Pursuant to 17 C.F.R. &#167;230.416(c), this registration statement also covers an indeterminate amount of interests to be offered or sold pursuant to the Plan. No separate fee is required for the participation interests.</p>
			</td>
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</table>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">__________________________________</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;">This Registration Statement shall become effective automatically upon the date of filing in accordance with Section 8(a) of the Securities Act and 17 C.F.R. 230.462.</p>

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<p style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin: 0pt; text-align: left">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: center; margin: 0pt;"><b>PART I</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: center; margin: 0pt;"><b>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;"><b>Items 1 and 2</b>.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The documents containing the information for the St. Landry Homestead Federal Savings Bank 401(k) Plan (the &#8220;Plan&#8221;) specified by Part I of this Registration Statement will be sent or given to the participants in the Plan as specified by Rule 428(b)(1).&nbsp;&nbsp;Such documents need not be filed with the Securities and Exchange Commission (the &#8220;SEC&#8221;) either as a part of this Registration Statement or as a prospectus or prospectus supplement pursuant to Rule 424 in reliance on Rule 428.&nbsp;&nbsp;Such documents and the information incorporated by reference pursuant to Item 3 of Part II of this Registration Statement, taken together, constitute a prospectus for the Registration Statement.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: center; margin: 0pt;"><b>PART II</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: center; margin: 0pt;"><b>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt 0pt 0pt 72pt; text-indent: -72pt;"><b>Item 3.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Incorporation of Documents by Reference.</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">The following documents filed or to be filed with the Securities and Exchange Commission (the &#8220;Commission&#8221;) are incorporated by reference in this registration statement:</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt 0pt 0pt 108pt; text-indent: -36pt;">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#8217;s prospectus, dated August 6, 2021, filed pursuant to Rule 424(b)(3) which includes the statements of financial condition of St. Landry Homestead Federal Savings Bank, the Company&#8217;s wholly owned subsidiary, as of December 31, 2020 and 2019 and the related consolidated statements of income, comprehensive income, changes in equity and cash flows for each of the years in the two-year period ended December 31, 2020, filed with the SEC on August 16, 2021 (File No. 333-254200);</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt 0pt 0pt 108pt; text-indent: -36pt;">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All reports filed by the Registrant pursuant to Sections 13(a) or 15(d) of the Securities Exchange Act of 1934 (the &#8220;Exchange Act&#8221;), since the end of the fiscal year covered by the financial statements in the prospectus referred to in clause (a) above;</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt 0pt 0pt 108pt; text-indent: -36pt;">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The description of the Common Stock of the Company contained in the Company&#8217;s prospectus referred to in clause (a) above; and</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt 0pt 0pt 108pt; text-indent: -36pt;">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date hereof and prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">Any statement contained in this registration statement, or in a document incorporated or deemed to be incorporated by reference herein, shall be deemed to be modified or superseded for purposes of this registration statement to the extent that a statement contained herein, or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein, modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this registration statement.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt 0pt 0pt 72pt; text-indent: -72pt;"><b>Item 4.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Description of Securities.</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">Not applicable since the Company&#8217;s Common Stock is registered under Section 12 of the Exchange Act.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt 0pt 0pt 72pt; text-indent: -72pt;"><b>Item 5.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Interests of Named Experts and Counsel.</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">Not applicable.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt 0pt 0pt 72pt; text-indent: -72pt;"><b>Item 6.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Indemnification of Directors and Officers.</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">In accordance with the Louisiana Business Corporation Act, Article 8 of the Registrant&#8217;s Articles of Incorporation provides as follows:</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 9pt;"><b>A.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Personal Liability of Directors and Officers.</b> The personal liability of a director or officer of this Corporation to the Corporation or its shareholders for monetary damages for breach of fiduciary duty as a director or officer, or otherwise, shall be limited or eliminated to the fullest extent permitted by Section 1-832 of the LBCA (R.S. 12:1-832) and any other provision of applicable law, as amended or supplemented from time to time.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 9pt;"><b>B.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Indemnification.</b> The Corporation shall indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, including actions by or in the right of the Corporation, whether civil, criminal, administrative or investigative, by reason of the fact that such person is or was a director, officer, employee or agent of the Corporation, or is or was serving at the request of the Corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys&#8217; fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such action, suit or proceeding to the full extent permissible under Louisiana law including, but not limited to, Subpart E of Part 8 of the LBCA.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 9pt;"><b>C.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Advancement of Expenses.</b> Reasonable expenses incurred by an officer, director, employee or agent of the Corporation in defending an action, suit or proceeding described in Section B of this Article 8 may be paid by the Corporation in advance of the final disposition of such action, suit or proceeding if authorized by the board of directors (without regard to whether participating members thereof are parties to such action, suit or proceeding), upon receipt of an undertaking by or on behalf of such person to repay such amount if it shall ultimately be determined that the person is not entitled to be indemnified by the Corporation.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 9pt;"><b>D.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Other Rights.</b> The indemnification and advancement of expenses provided by or pursuant to this Article 8 shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under any bylaw, insurance or other agreement, vote of shareholders or directors (regardless of whether directors authorizing such indemnification are beneficiaries thereof) or otherwise, both as to actions in their official capacity and as to actions in another capacity while holding an office, and shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such person.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 9pt;"><b>E.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Insurance.</b> The Corporation shall have the power to purchase and maintain insurance or other similar arrangement on behalf of any person who is or was a director, officer, employee or agent of the Corporation, or is or was serving at the request of the Corporation as a director, officer, employee or agent of another corporation, partnership, joint venture or other enterprise, against any liability asserted against or incurred by him in any such capacity, or arising out of his status as such, whether or not the Corporation would have the power to indemnify him against such liability under the provisions of this Article&nbsp;8.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 9pt;"><b>F.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Security Fund; Indemnity Agreements.</b> By action of the Board of Directors (notwithstanding their interest in the transaction), the Corporation may create and fund a trust fund or other fund or form of self&#8209;insurance arrangement of any nature, and may enter into agreements with its officers, directors, employees and agents for the purpose of securing or insuring in any manner its obligation to indemnify or advance expenses provided for in this Article 8.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 9pt;"><b>G.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Modification.</b> The duties of the Corporation to indemnify and to advance expenses to any person as provided in this Article 8 shall be in the nature of a contract between the Corporation and each such person, and no amendment or repeal of any provision of this Article 8, and no amendment or termination of any trust or other fund or form of self&#8209;insurance arrangement created pursuant to Section F of this Article 8, shall alter to the detriment of such person the right of such person to the advance of expenses or indemnification related to a claim based on an act or failure to act which took place prior to such amendment, repeal or termination.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 9pt;"><b>H.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Proceedings Initiated by Indemnified Persons.</b> Notwithstanding any other provision of this Article 8, the Corporation shall not indemnify a director, officer, employee or agent for any liability incurred in an action, suit or proceeding initiated (which shall not be deemed to include counter&#8209;claims or affirmative defenses) or participated in as an intervenor or amicus curiae by the person seeking indemnification unless such initiation of or participation in the action, suit or proceeding is either (i) authorized, either before or after its commencement, by the affirmative vote of a majority of the directors in office, or (ii) required by the LBCA.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt 0pt 0pt 72pt; text-indent: -72pt;"><b>Item 7.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Exemption from Registration Claimed.</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">Not applicable since no restricted securities will be reoffered or resold pursuant to this registration statement.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt 0pt 0pt 72pt; text-indent: -72pt;"><b>Item 8.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Exhibits.</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">The following exhibits are filed with or incorporated by reference into this registration statement on Form S-8 (numbering corresponds to Exhibit Table in Item 601 of Regulation S-K):</p>

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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">No.</p>
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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;">Exhibit</p>
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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: right; margin: 0pt;">5.0</p>
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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;"><a href="ex_327515.htm" style="-sec-extract:exhibit;">Opinion of Silver, Freedman, Taff &amp; Tiernan LLP as to the legality of the Common Stock</a></p>
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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;"><a href="ex_327515.htm" style="-sec-extract:exhibit;">Consent of Silver, Freedman, Taff &amp; Tiernan LLP (included in Exhibit 5.0)</a></p>
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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;"><a href="ex_327516.htm" style="-sec-extract:exhibit;">Consent of Castaing, Hussey &amp; Lolan, LLC</a></p>
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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;"><a href="#Signatures" style="-sec-extract:exhibit;">Power of attorney for any subsequent amendments is located in the signature pages</a></p>
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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt 0pt 0pt 72pt; text-indent: -36pt;">.<b>Item 9.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Undertakings.</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">The undersigned Registrant hereby undertakes:</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement: (i) to include any prospectus required by Section 10(a)(3) of the Securities Act; (ii) to reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement; and (iii) to include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement; provided, however, that clauses (i) and (ii) do not apply if the information required to be included in a post-effective amendment by those clauses is contained in periodic reports filed by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the registration statement.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <u>bona fide</u> offering thereof.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That, for the purposes of determining any liability under the Securities Act, each filing of the Registrant&#8217;s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <u>bona fide</u> offering thereof.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the questions whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 9pt;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The registrant has submitted or will submit the Plan and amendments thereto to the IRS in a timely manner and has made or will make all changes required by the IRS in order to qualify the Plan.</p>

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<div class="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
<div class="PGNUM" data-number="5" data-prefix="" data-suffix="" style="text-align: center; width: 100%; font-size: 10pt; font-family: &quot;Times New Roman&quot;;">5</div>

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<div class="PGHDR" style="text-align: left; width: 100%">&nbsp;</div>
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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: center; margin: 0pt;"><b><a id="Signatures" name="Signatures" title="Signatures"></a>SIGNATURES</b></p>

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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 9pt;"><b>The Registrant. </b>Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Opelousas, State of Louisiana on this 26th day of January 2022.</p>

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<table border="0" cellpadding="0" cellspacing="0" style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; width: 100%; margin-left: auto; margin-right: auto;">

		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 39.6%; font-size: 11pt;">&nbsp;</td>
			<td colspan="2" style="vertical-align: top; width: 59%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;"><b>CATALYST BANCORP, INC.</b></p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">&nbsp;</p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">&nbsp;</p>
			</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 39.6%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 6%; font-size: 11pt;">&nbsp;</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 53%; font-size: 11pt;">/s/Joseph B. Zanco</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 39.6%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 6%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">By:</p>
			</td>
			<td style="vertical-align: top; width: 53%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">Joseph B. Zanco</p>
			</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 39.6%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 6%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 53%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">President and Chief Executive Officer</p>
			</td>
		</tr>

</table>

<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">&nbsp;</p>

<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated. Each person whose signature appears below hereby makes, constitutes and appoints Joseph B. Zanco his or her true and lawful attorney, with full power to sign for such person and in such person&#8217;s name and capacity indicated below, and with full power of substitution any and all amendments to this registration statement, hereby ratifying and confirming such person&#8217;s signature as it may be signed by said attorney to any and all amendments.</p>

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		<tr style="font-size: 11pt;">
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 28%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt; text-align: center;">Name</p>
			</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 49%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt; text-indent: 18pt; text-align: center;">Title</p>
			</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 20%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt; text-indent: 18pt; text-align: center;">Date</p>
			</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 28%; font-size: 11pt;">/s/Joseph B. Zanco</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">Director, President and Chief Executive Officer</p>
			</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt; text-align: center;">January 26, 2022</p>
			</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;">Joseph B. Zanco</p>
			</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">(Principal Executive Officer)</p>
			</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; border-bottom: 1px solid rgb(0, 0, 0); font-size: 11pt;">/s/Todd A. Kidder</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;">Todd A. Kidder</p>
			</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">Chairman of the Board</p>
			</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt; text-align: center;">January 26, 2022</p>
			</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; border-bottom: 1px solid rgb(0, 0, 0); font-size: 11pt;">/s/Kirk E. Kleiser</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;">Kirk E. Kleiser</p>
			</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;">Director</p>
			</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt; text-align: center;">January 26, 2022</p>
			</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; border-bottom: 1px solid rgb(0, 0, 0); font-size: 11pt;">/s/Ted D. Bellard</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;">Ted D. Bellard</p>
			</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">Director</p>
			</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt; text-align: center;">January 26, 2022</p>
			</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; border-bottom: 1px solid rgb(0, 0, 0); font-size: 11pt;">/s/Frederick L. Lafleur</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;">Frederick L. Lafleur</p>
			</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">Director</p>
			</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt; text-align: center;">January 26, 2022</p>
			</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 28%; font-size: 11pt;">/s/Craig C. Le Bouef</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;">Craig C. Le Bouef</p>
			</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">Director</p>
			</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt; text-align: center;">January 26, 2022</p>
			</td>
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			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
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			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 28%; font-size: 11pt;">/s/Matthew L. Scruggins</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">Matthew L. Scruggins</p>
			</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">Director</p>
			</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt; text-align: center;">January 26, 2022</p>
			</td>
		</tr>
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			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="vertical-align: top; width: 28%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; text-align: center; font-size: 11pt;">&nbsp;</td>
		</tr>
		<tr style="font-size: 11pt;">
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 28%; font-size: 11pt;">/s/Jutta A. Codori</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">Chief Financial Officer</p>
			</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt; text-align: center;">January 26, 2022</p>
			</td>
		</tr>
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			<td style="vertical-align: top; width: 28%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt;">Jutta A. Codori</p>
			</td>
			<td style="vertical-align: top; width: 1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 49%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">(Principal Financial and Accounting Officer)</p>
			</td>
			<td style="vertical-align: top; width: 2%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%; font-size: 11pt;">&nbsp;</td>
		</tr>

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<div class="hf-cell PGNUM" data-number="6" data-prefix="" data-suffix="" style="text-align: center; font-size: 10pt; font-family: &quot;Times New Roman&quot;;">6</div>
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<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;"><b>The Plan. </b>Pursuant to the requirements of the Securities Act of 1933, the trustees (or other persons who administer the St. Landry Homestead Federal Savings Bank 401(k) Plan have duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of Opelousas, State of Louisiana on this 26th day of January 2022.</p>

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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;"><b>ST. LANDRY HOMESTEAD FEDERAL SAVINGS</b></p>

			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;"><b>&nbsp;&nbsp;BANK 401(k) PLAN</b></p>

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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">&nbsp;</p>
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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">/s/Jutta A. Codori</p>
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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">By:</p>
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			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">Jutta A. Codori, on behalf of</p>
			</td>
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			<td style="vertical-align: top; width: 6.1%; font-size: 11pt;">&nbsp;</td>
			<td style="vertical-align: top; width: 53.7%; font-size: 11pt;">
			<p style="font-family: &quot;Times New Roman&quot;; font-size: 11pt; font-variant: normal; margin: 0pt;">St. Landry Homestead Federal Savings Bank as administrator of the Plan</p>
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[{"type": "S-8", "sequence": "1", "filename": "cata20220124_s8.htm", "description": "FORM S-8", "secsgml_size_bytes": 79592}]
{"company-data": {"conformed-name": "Catalyst Bancorp, Inc.", "cik": "0001849867", "assigned-sic": "6035", "irs-number": "862411762"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-262368", "film-number": "22563285"}, "business-address": {"street1": "235 N. COURT STREET", "city": "OPELOUSAS", "state": "LA", "zip": "70570", "phone": "337-948-3033"}, "mail-address": {"street1": "235 N. COURT STREET", "city": "OPELOUSAS", "state": "LA", "zip": "70570"}}
cata20220124_s8.htm
Registration No. 333-__________
Filed January 27, 2022
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Catalyst Bancorp, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Louisiana
86-2411762
(State or Other Jurisdiction of Incorporation or Organization)
(I.R.S. Employer Identification No.)
235 N. Court Street, Opelousas, Louisiana
70570
(Address of Principal Executive Offices)
(Zip Code)
St. Landry Homestead Federal Savings Bank 401(k) Plan
(Full Title of the Plan)
Joseph B. Zanco
President and Chief Executive Officer
Catalyst Bancorp, Inc.
235 N. Court Street
Opelousas, Louisiana 70570
(337) 948-3033
Copies to:
Eric M. Marion, Esq.
Silver, Freedman, Taff & Tiernan LLP
3299 K Street, N.W., Suite 100
Washington, D.C. 20007
(202) 295-4500
(Name, Address and Telephone Number of Agent For Service)
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
☐
Accelerated filer
☐
Non-accelerated filer
☐
Smaller reporting company
☒
(Do not check if a smaller reporting company)
Emerging growth company
☒
CALCULATION OF REGISTRATION FEE
Title of Securities to be
Registered
Amount to be
Registered (1)
Proposed
Maximum
Offering Price
Per Share (2)
Proposed Maximum
Aggregate Offering
Price (2)
Amount of
Registration
Fee
Common Stock $.01 par value
200,000 shares (3)
$13.79(4)
$2,758,000
$255.67
Participation Interests
--(5)
(1)
Together with an indeterminate number of additional shares which may be necessary to adjust the number of shares reserved for issuance pursuant to the St. Landry Homestead Federal Savings Bank 401(k) Plan (the "Plan") as the result of a stock split, stock dividend or similar adjustment of the outstanding common stock, par value $.01 per share ("Common Stock"), of Catalyst Bancorp, Inc. (the "Company") pursuant to 17 C.F.R. §230.416(a).
(2)
Estimated solely for the purpose of calculating the registration fee.
(3)
Represents an estimate of such presently undeterminable number of shares of Common Stock as may be purchased with employee contributions pursuant to the Plan.
(4)
The average of the high and low price of the Common Stock as reported by the Nasdaq Stock Market on January 21, 2022 in accordance with 17 C.F.R. §230.457(c).
(5)
Pursuant to 17 C.F.R. §230.416(c), this registration statement also covers an indeterminate amount of interests to be offered or sold pursuant to the Plan. No separate fee is required for the participation interests.
__________________________________
This Registration Statement shall become effective automatically upon the date of filing in accordance with Section 8(a) of the Securities Act and 17 C.F.R. 230.462.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Items 1 and 2
.         The documents containing the information for the St. Landry Homestead Federal Savings Bank 401(k) Plan (the "Plan") specified by Part I of this Registration Statement will be sent or given to the participants in the Plan as specified by Rule 428(b)(1).  Such documents need not be filed with the Securities and Exchange Commission (the "SEC") either as a part of this Registration Statement or as a prospectus or prospectus supplement pursuant to Rule 424 in reliance on Rule 428.  Such documents and the information incorporated by reference pursuant to Item 3 of Part II of this Registration Statement, taken together, constitute a prospectus for the Registration Statement.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference.
The following documents filed or to be filed with the Securities and Exchange Commission (the "Commission") are incorporated by reference in this registration statement:
(a)         The Registrant's prospectus, dated August 6, 2021, filed pursuant to Rule 424(b)(3) which includes the statements of financial condition of St. Landry Homestead Federal Savings Bank, the Company's wholly owned subsidiary, as of December 31, 2020 and 2019 and the related consolidated statements of income, comprehensive income, changes in equity and cash flows for each of the years in the two-year period ended December 31, 2020, filed with the SEC on August 16, 2021 (File No. 333-254200);
(b)         All reports filed by the Registrant pursuant to Sections 13(a) or 15(d) of the Securities Exchange Act of 1934 (the "Exchange Act"), since the end of the fiscal year covered by the financial statements in the prospectus referred to in clause (a) above;
(c)         The description of the Common Stock of the Company contained in the Company's prospectus referred to in clause (a) above; and
(d)         All documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date hereof and prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold.
Any statement contained in this registration statement, or in a document incorporated or deemed to be incorporated by reference herein, shall be deemed to be modified or superseded for purposes of this registration statement to the extent that a statement contained herein, or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein, modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this registration statement.
Item 4.
Description of Securities.
Not applicable since the Company's Common Stock is registered under Section 12 of the Exchange Act.
2
Item 5.
Interests of Named Experts and Counsel.
Not applicable.
Item 6.
Indemnification of Directors and Officers.
In accordance with the Louisiana Business Corporation Act, Article 8 of the Registrant's Articles of Incorporation provides as follows:
A.
Personal Liability of Directors and Officers.
The personal liability of a director or officer of this Corporation to the Corporation or its shareholders for monetary damages for breach of fiduciary duty as a director or officer, or otherwise, shall be limited or eliminated to the fullest extent permitted by Section 1-832 of the LBCA (R.S. 12:1-832) and any other provision of applicable law, as amended or supplemented from time to time.
B.
Indemnification.
The Corporation shall indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, including actions by or in the right of the Corporation, whether civil, criminal, administrative or investigative, by reason of the fact that such person is or was a director, officer, employee or agent of the Corporation, or is or was serving at the request of the Corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such action, suit or proceeding to the full extent permissible under Louisiana law including, but not limited to, Subpart E of Part 8 of the LBCA.
C.
Advancement of Expenses.
Reasonable expenses incurred by an officer, director, employee or agent of the Corporation in defending an action, suit or proceeding described in Section B of this Article 8 may be paid by the Corporation in advance of the final disposition of such action, suit or proceeding if authorized by the board of directors (without regard to whether participating members thereof are parties to such action, suit or proceeding), upon receipt of an undertaking by or on behalf of such person to repay such amount if it shall ultimately be determined that the person is not entitled to be indemnified by the Corporation.
D.
Other Rights.
The indemnification and advancement of expenses provided by or pursuant to this Article 8 shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under any bylaw, insurance or other agreement, vote of shareholders or directors (regardless of whether directors authorizing such indemnification are beneficiaries thereof) or otherwise, both as to actions in their official capacity and as to actions in another capacity while holding an office, and shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such person.
E.
Insurance.
The Corporation shall have the power to purchase and maintain insurance or other similar arrangement on behalf of any person who is or was a director, officer, employee or agent of the Corporation, or is or was serving at the request of the Corporation as a director, officer, employee or agent of another corporation, partnership, joint venture or other enterprise, against any liability asserted against or incurred by him in any such capacity, or arising out of his status as such, whether or not the Corporation would have the power to indemnify him against such liability under the provisions of this Article 8.
F.
Security Fund; Indemnity Agreements.
By action of the Board of Directors (notwithstanding their interest in the transaction), the Corporation may create and fund a trust fund or other fund or form of self‑insurance arrangement of any nature, and may enter into agreements with its officers, directors, employees and agents for the purpose of securing or insuring in any manner its obligation to indemnify or advance expenses provided for in this Article 8.
3
G.
Modification.
The duties of the Corporation to indemnify and to advance expenses to any person as provided in this Article 8 shall be in the nature of a contract between the Corporation and each such person, and no amendment or repeal of any provision of this Article 8, and no amendment or termination of any trust or other fund or form of self‑insurance arrangement created pursuant to Section F of this Article 8, shall alter to the detriment of such person the right of such person to the advance of expenses or indemnification related to a claim based on an act or failure to act which took place prior to such amendment, repeal or termination.
H.
Proceedings Initiated by Indemnified Persons.
Notwithstanding any other provision of this Article 8, the Corporation shall not indemnify a director, officer, employee or agent for any liability incurred in an action, suit or proceeding initiated (which shall not be deemed to include counter‑claims or affirmative defenses) or participated in as an intervenor or amicus curiae by the person seeking indemnification unless such initiation of or participation in the action, suit or proceeding is either (i) authorized, either before or after its commencement, by the affirmative vote of a majority of the directors in office, or (ii) required by the LBCA.
Item 7.
Exemption from Registration Claimed.
Not applicable since no restricted securities will be reoffered or resold pursuant to this registration statement.
Item 8.
Exhibits.
The following exhibits are filed with or incorporated by reference into this registration statement on Form S-8 (numbering corresponds to Exhibit Table in Item 601 of Regulation S-K):
No.
Exhibit
5.0
Opinion of Silver, Freedman, Taff & Tiernan LLP as to the legality of the Common Stock
23.1
Consent of Silver, Freedman, Taff & Tiernan LLP (included in Exhibit 5.0)
23.2
Consent of Castaing, Hussey & Lolan, LLC
24.0
Power of attorney for any subsequent amendments is located in the signature pages
4
.
Item 9.
Undertakings.
The undersigned Registrant hereby undertakes:
1.         To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement: (i) to include any prospectus required by Section 10(a)(3) of the Securities Act; (ii) to reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement; and (iii) to include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement; provided, however, that clauses (i) and (ii) do not apply if the information required to be included in a post-effective amendment by those clauses is contained in periodic reports filed by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the registration statement.
2.         That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
3.         To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
4.         That, for the purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
5.         Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the questions whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
6.         The registrant has submitted or will submit the Plan and amendments thereto to the IRS in a timely manner and has made or will make all changes required by the IRS in order to qualify the Plan.
5
SIGNATURES
The Registrant.
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Opelousas, State of Louisiana on this 26th day of January 2022.
CATALYST BANCORP, INC.
/s/Joseph B. Zanco
By:
Joseph B. Zanco
President and Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated. Each person whose signature appears below hereby makes, constitutes and appoints Joseph B. Zanco his or her true and lawful attorney, with full power to sign for such person and in such person's name and capacity indicated below, and with full power of substitution any and all amendments to this registration statement, hereby ratifying and confirming such person's signature as it may be signed by said attorney to any and all amendments.
Name
Title
Date
/s/Joseph B. Zanco
Director, President and Chief Executive Officer
January 26, 2022
Joseph B. Zanco
(Principal Executive Officer)
/s/Todd A. Kidder
Todd A. Kidder
Chairman of the Board
January 26, 2022
/s/Kirk E. Kleiser
Kirk E. Kleiser
Director
January 26, 2022
/s/Ted D. Bellard
Ted D. Bellard
Director
January 26, 2022
/s/Frederick L. Lafleur
Frederick L. Lafleur
Director
January 26, 2022
/s/Craig C. Le Bouef
Craig C. Le Bouef
Director
January 26, 2022
/s/Matthew L. Scruggins
Matthew L. Scruggins
Director
January 26, 2022
/s/Jutta A. Codori
Chief Financial Officer
January 26, 2022
Jutta A. Codori
(Principal Financial and Accounting Officer)
6
The Plan.
Pursuant to the requirements of the Securities Act of 1933, the trustees (or other persons who administer the St. Landry Homestead Federal Savings Bank 401(k) Plan have duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of Opelousas, State of Louisiana on this 26th day of January 2022.
ST. LANDRY HOMESTEAD FEDERAL SAVINGS
BANK 401(k) PLAN
/s/Jutta A. Codori
By:
Jutta A. Codori, on behalf of
St. Landry Homestead Federal Savings Bank as administrator of the Plan
7