Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 217

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1
Chunk 217
---
—  
     —  
     —  
     —  
     —  
     36,000 
  
    Elaine E. Ralls 
     36,000  
     —  
     —  
     —  
     —  
     —  
     —  
     36,000 
  
    Kevin W. Ahern 
     36,000  
     —  
     —  
     —  
     —  
     —  
     —  
     36,000 
  
    Randal L. Rabon 
     36,000  
     —  
     —  
     —  
     —  
     820  
     —  
     36,820 
  
    Robert Decker(2) 
     32,500  
     —  
     —  
     —  
     —  
     —  
     —  
     32,500 

    (1)
    The
    amounts included in “All Other Compensation” include reportable amounts of Split Dollar Bank Owned Life Insurance policies
    owned by the bank.
  
    (2)
    Messrs.
    Assenmacher and Decker joined the board of directors in 2024 and their compensation is based on a partial year of service.

Compensation
Committee Interlocks and Insider Participation

None of the members
of our Compensation Committee is or has been an officer or employee of Bancorp 34 or any of our subsidiaries. In addition, none of our
executive officers serves or has served as a member of the board of directors, compensation committee or other board committee performing
equivalent functions of any entity that has one or more executive officers serving as one of our directors or on our Compensation Committee.

Item
12. Security Ownership of Certain Beneficial Owner and Management and Related Stockholder Matters

The following table
sets forth information about the beneficial ownership of Bancorp 34 common stock as of March 5, 2024:

    ·
    each
    person known to Bancorp 34 to be the beneficial owner of more than 5% of its common stock;

    ·
    each
    named executive officer of Bancorp 34;

    ·
    each
    director of Bancorp 34; and