Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 65

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1
Chunk 65
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    the possibility that a proposed acquisition or
    merger may not be timely completed, if at all;

    ·
    creating an adverse short-term effect on our results
    of operations; and

    ·
    the possible loss of our key employees and customers
    or of the acquired or merged company.

There is no assurance
that, following any future mergers or acquisitions, including our merger with CBOA, our integration efforts will be successful or that
we, after giving effect to the acquisition, will achieve the strategic objectives, operating efficiencies, increased revenues comparable
to or better than our expectations, or other benefits expected in the acquisition, and failure to realize such strategic objectives,
operating efficiencies, expected revenue increases, cost savings, increases in market presence or other benefits could have a material
adverse effect on our business, financial condition, and results of operations.

46

Failure
to achieve one or more key elements needed for successful organic growth could adversely affect our business and operating results.

There are a number of
risks to the successful execution of our organic growth strategy that could result in a material and adverse effect upon our results
of operation and financial condition. These risks include, without limitation, the following:

    ·
    our inability to attract and retain
    clients in our banking market areas;

    ·
    our inability to achieve and maintain growth in
    our earnings while pursuing new business opportunities;

    ·
    our inability to maintain a high level of client
    service while optimizing our physical branch count due to changing client demand, all while expanding our remote banking services
    and expanding or enhancing our information processing, technology, compliance, and other operational infrastructures effectively
    and efficiently;

    ·
    our inability to maintain loan quality in the
    context of significant loan growth;

    ·
    our inability to attract or maintain sufficient
    deposits and capital to fund anticipated loan growth;

    ·
    our inability to maintain adequate common equity
    and regulatory capital while managing the liquidity and capital requirements associated with growth, especially organic growth and
    cash - funded acquisitions;

    ·
    our inability to hire or retain adequate management
    personnel and systems to oversee and support such growth;

    ·
    our inability to implement additional policies,
    procedures and operating systems required to support our growth; and

    ·
    our inability to manage effectively and efficiently
    the changes and adaptations necessitated by a complex, burdensome, and evolving regulatory environment.

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