Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 459

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1B
Chunk 459
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ities of individual loans, including loans that may be subject to renewal at their contractual
maturity. Renewal of these loans is subject to review and credit approval, as well as modification of terms upon maturity. Actual repayments
of loans may differ from the maturities reflected below because borrowers have the right to prepay obligations with or without prepayment
penalties. The following table summarizes the loan maturity distribution by type and related interest rate characteristics as of the
periods presented:

    (In thousands) 

    As of December 31, 2024 
    One year  or less  
    After one through five years  
    After five through 15 years  
    After 15 years  
    Total 

    Fixed  
    Variable  
    Fixed  
    Variable  
    Fixed  
    Variable  

    1-4 Family residential real estate 
    $4,113  
    $34,813  
    $2,189  
    $11,034  
    $4,874  
    $3,985  
    $8,322  
    $69,330 
  
    Commercial 
     29,608  
     27,429  
     14,198  
     22,571  
     13,704  
     9  
     2,405  
     109,924 
  
    Consumer and other 
     179  
     78  
     0  
     0  
     0  
     4  
     0  
     261 
  
    Construction 
     10,512  
     8,345  
     2,288  
     1,447  
     3,693  
     0  
     0  
     26,285 
  
    NOO CRE 
     23,456  
     81,398  
     8,397  
     44,010  
     86,099  
     1,871  
     13,421  
     258,652 
  
    OO CRE 
     7,419  
     34,281  
     13,433  
     36,314  
     57,270  
     1,867  
     815