Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 607

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1C
Chunk 607
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% 
     61,694  
     1,611  
     2.61%
  
    Other interest earning assets 
     80,841  
     4,608  
     6.29% 
     16,888  
     734  
     4.35%
  
    Total earning assets 
     804,825  
    $50,785  
     6.33% 
     550,695  
    $28,124  
     5.11%
  
    Noninterest-earning assets 
     49,957  

     29,101  

    Total assets 
    $854,782  

    $579,796  

    Interest-bearing liabilities 

    Checking, money market and savings deposits 
    $323,386  
    $10,033  
     3.11% 
    $260,238  
    $6,878  
     2.64%
  
    Time deposits 
     202,097  
     8,983  
     4.46% 
     120,367  
     4,261  
     3.54%
  
    Total interest-bearing deposits 
     525,484  
     19,016  
     3.63% 
     380,605  
     11,139  
     2.93%
  
    FRB and FHLB advances 
     23,355  
     999  
     4.29% 
     15,179  
     756  
     4.98%
  
    Subordinated debt, net of issue costs 
     27,147  
     1,472  
     5.44% 
     24,568  
     1,054  
     4.29%
  
    Total interest-bearing liabilities 
     575,985  
    $21,487  
     3.74% 
     420,352  
    $12,949  
     3.08%
  
    Noninterest-bearing deposits 
     187,757  

     89,165  

    Other liabilities 
     10,352  

     8,139  

    Shareholders’ equity 
     80,687  

     62,140