Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 179

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1
Chunk 179
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 1 risk-based, and Tier 1 leverage ratios as disclosed in the table below. There are no conditions
or events that management believes have changed the Bank’s prompt corrective action category. The Bank has not opted into the Community
Bank Leverage Ratio (“CBLR”) and therefore is required to continue calculating and reporting risk-based capital ratios.

The Bank’s actual and required capital
amounts and ratios are as follows (dollars in thousands):

Schedule of actual capital amounts and ratios as well as minimum amounts for each regulatory defined category for the bank and the company

    Actual  
    Minimum Required For Capital Adequacy Purposes  
    Minimum Required To Be Well Capitalized Under Prompt Corrective Action Regulations 

    Amount  
    Ratio  
    Amount  
    Ratio  
    Amount  
    Ratio 
  
    2024 

    Total Capital to risk-weighted assets: 
    $111,674  
     15.00% 
    $59,559  
     8% 
    $74,449  
     10%
  
    Tier 1 (Core) Capital to risk weighted assets: 
    $102,347  
     13.74% 
    $44,693  
     6% 
    $59,559  
     8%
  
    Common Tier 1 Capital to risk  weighted assets (CET1): 
    $102,347  
     13.74% 
    $33,520  
     4.50% 
    $48,417  
     6.50%
  
    Tier 1 (Core) Capital to average assets: 
    $102,347  
     11.06% 
    $37,015  
     4% 
    $46,269  
     5%

    113

    Actual  
    Minimum Required For Capital Adequacy Purposes  
    Minimum Required To Be Well Capitalized Under Prompt Corrective Action Regulations 

    Amount  
    Ratio  
    Amount  
    Ratio  
    Amount  
    Ratio 
  
    2023 

    Total Capital to risk-weighted assets: 
    $74,142  
     14.79% 
    $40,114  
     8% 
    $50,143  
     10%
  
    Tier 1 (Core) Capital to risk weighted assets