Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 888

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 2
Chunk 888
---

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,

    ·
    all
    of Bancorp 34’s executive officers and directors as a group.

Unless otherwise noted
in the footnotes below, the address of each beneficial owner listed in the table is c/o Bancorp 34, Inc., 8777 E. Hartford Drive, Suite
100, Scottsdale, Arizona 85255. Except as indicated by the footnotes below, Bancorp 34 believes, based on the information furnished to
it, that the persons and entities named in the table below have sole voting and investment power with respect to all shares of our common
stock that they beneficially own, subject to applicable community property laws.

In computing the number
of shares of Bancorp 34 common stock beneficially owned by a person and the percentage ownership of that person, it deemed outstanding
shares of its common stock subject to options held by that person that are currently exercisable or exercisable within 60 days of March
7, 2024. Bancorp 34, however, did not deem these shares outstanding for the purpose of computing the percentage ownership of any other
person.

134

    Amount of  Voting  Shares Owned  
    Right to Acquire(1)  
    Total Non- Voting  Shares Held  
    Total  (Voting)(2)  
    Percent of  Class (Voting)  
    Percent of Class (Voting and Non- Voting)(3) 
  
    Directors and Named Executive Officers 

    Kevin W. Ahern(4) 
     321,