Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 112

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1
Chunk 112
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 Tier 1 risk-based
capital, Tier 1 capital and total capital). At December 31, 2024, Southwest Heritage Bank exceeded the regulatory minimums and met the
regulatory definition of well-capitalized.

The following table shows the regulatory
capital ratios for Bancorp 34 (consolidated) at the dates indicated:

    Actual  
    Minimum Required For Capital Adequacy Purposes  
    Minimum Required To be Well- Capitalized under Prompt Corrective Action Provisions 
  
    (Dollars in thousands) 
    Amount  
    Ratio  
    Amount  
    Ratio  
    Amount  
    Ratio 
  
    As of December 31, 2024 

    Total risk-based capital to risk-weighted assets 
    $116,518  
     15.58% 
    $59,812  
     8.00% 
    $N/A  
     N/A%
  
    Tier 1 risk-based capital to risk-weighted assets 
     83,691  
     11.19  
     44,859  
     6.00  
     N/A  
     N/A 
  
    Common Equity Tier 1 (CET 1) to risk-weighted assets 
     N/A  
     N/A  
     N/A  
     N/A  
     N/A  
     N/A 
  
    Tier 1 leverage capital to average assets 
     83,691  
     9.02  
     37,129  
     4.00  
     N/A  
     N/A 

    As of December 31, 2023 

    Total risk-based capital to risk-weighted assets 
    $96,761  
     19.20% 
    $40,311  
     8.00% 
    $N/A  
     N/A%
  
    Tier 1 risk-based capital to risk-weighted assets 
     65,651  
     13.03  
     30,234  
     6.00  
     N/A  
     N/A 
  
    Common Equity Tier 1 (CET 1) to risk-weighted assets 
     N/A  
     N/A  
     N/A  
     N/A