Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 1707

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 7A
Chunk 1707
---
ars in thousands):

Schedule of  Securities with unrealized losses

    Continued Unrealized Loss for Less than 12 Months  
    Continued Unrealized Loss for 12 Months or More  
    Total 
  
    Description of securities 
    Fair Value  
    Unrealized Loss  
    Fair Value  
    Unrealized Loss  
    Fair Value  
    Unrealized Loss 
  
    Available-for-sale, December 31, 2024 

    Mortgage-backed securities 
    $17,848  
    $(669) 
    $27,011  
    $(4,405) 
    $44,859  
    $(5,074)
  
    U.S. Treasuries 
     —  
     —  
     2,838  
     (217) 
     2,838  
     (217)
  
    U.S. government agencies 
     —  
     —  
     196  
     (6) 
     196  
     (6)
  
    Asset-backed securities 
     8,741  
     (52) 

     8,741  
     (52)
  
    Municipal obligations 
     —  
     —  
     19,133  
     (2,330) 
     19,133  
     (2,330)
  
    Corporate debt 
     —  
     —  
     889  
     (111) 
     889  
     (111)

    Total temporarily impaired 
    $26,589  
    $(721) 
    $50,067  
    $(7,069) 
    $76,656  
    $(7,790)

    Held
    to Maturity: December 31, 2024

    Corporate
    debt
     
    $
    —

    $
    —

    $
    5,299

    $
    (467
    )
     
    $
    5,299

    $
    (467
    )
  
    Total
    temporarily impaired
     
    $
    —

    $
    —

    $
    5,299

    $
    (467
    )
     
    $
    5,299

    $
    (467
    )

    Continued Unrealized Loss for Less than 12 Months