Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 577

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1B
Chunk 577
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580  
     108,242  
     701,849  
     488,242  
     9.90% 
     15.39%

    *
    Indicates
    ownership which does not exceed 1.0%.

    (1)
    The
    shares in this column represent warrants of Bancorp 34 that are currently exercisable or exercisable within 60 days of March 5, 2024.

    (2)
    Bancorp
    34 has based its calculation of the percentage of beneficial ownership on 7,265,548 shares which represent all of Bancorp 34 voting
    common stock outstanding as of March 7, 2024, plus those shares of non-voting common stock and warrants held by the person or entity
    which are immediately convertible to voting common stock.

    (3)
    Bancorp
    34 has based its calculation of the percentage of beneficial ownership on 7,737,397 share of its voting common stock, non-voting
    common stock, and warrants.

    (4)
    Mr.
    Ahern serves as the director designee for Brush Creek-B34, LLC. Mr. Ahern is a Managing Partner at BCP Manager, LLC, which is the
    general partner of Brush Creek Partners, LP, the sole owner of Brush Creek-34, LLC, which entity owns 321,428 shares of Bancorp 34
    voting common stock and 32,143 warrants to purchase Bancorp 34 common stock. Mr. Ahern disclaims beneficial ownership of such shares
    held by Brush Creek-B34, LLC except to the extent of his pecuniary interest therein.

    (5)
    Represents
    141,965 shares held individually by Mr. Assenmacher, 31,536 held by WRA Investments LLC, and 28,570 held in an IRA controlled by
    Mr. Assenmacher.  

    (6)
    Mr.
    Cohn serves as the director designee for Castle Creek Partners VIII, L.P. Mr. Cohn is a director at Castle Creek Capital LLC which
    is the sole general partner of Castle Creek Partners VIII, L.P., which entity owns 380,580 shares of Bancorp 34 voting common stock,
    701,849 shares of non-voting stock, and 108,242 warrants to purchase Bancorp 34 common stock. Mr. Cohn disclaims beneficial ownership