Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 426

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1A
Chunk 426
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 they are executive officers of both Bancorp 34 and Southwest
Heritage Bank (in the case of Mr. Crotty) and of Southwest Heritage Bank (in the case of Mr. Webster). 

Item
14. Principal Accounting Fees and Services

We have paid or expect to pay the
following fees to Plante & Moran, PLLC for work performed in 2023 and 2024 or attributable to the audit of our 2023 and 2024 consolidated
financial statements:

    Type of Fees 
    Fiscal Year Ended December 31, 2024  
    Fiscal Year Ended December 31, 2023 
  
    Audit Fees 
    $403,016  
     428,299 
  
    Audit-Related 
     [-]  
     [-] 
  
    Tax Fees 
     [-]  
     [-] 
  
    All Other Fees 
     [-]  
     [-] 
  
    TOTAL FEES 
    $403,016  
     428,299 

Audit
Fees. Audit fees for 2024 include fees for the audit of the 2024 financial statements, review
of the 10K, opening balance sheet audit of an acquired entity, and procedures around business combination accounting. Audit fees for
2023 include actual fees for the 2023 audit of the financial statements and review of the 10K as well as additional services associated
with our S-4 registration statement, including the performance of all comparable period interim reviews during the year and issuance
of consents.

Audit-Related
Fees. There were no audit related fees for 2024 or 2023.

Tax
Fees. There were no tax fees for 2024 or 2023.

All
Other Fees. There were no other fees for 2024 or 2023.

Pre-Approval
Policy. The Audit Committee pre-approves all audit and non-audit and tax services performed
by our independent registered public accounting firm. All services provided by the independent registered public accounting firm are
either within general pre-approved limits or specifically approved by the Audit Committee. The Audit Committee is informed of the prospective
services that would be provided at the next regularly scheduled Audit Committee meeting. All services provided by Plante & Moran,
PLLC, and all fees related thereto, were approved accordingly.

138

PART
IV

Item
15. Exhibits, Financial Statement Schedules

    Exhibit