Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 1681

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 7A
Chunk 1681
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    Accrued interest and other liabilities 
     671  
     (1,016)

    Net cash provided by operating activities 
     2,974  
     910 

    CASH FLOWS FROM INVESTING ACTIVITIES 

    CBOA Financial, Inc. merger, cash acquired 
     30,927  
     — 
  
    Proceeds from calls, sales, maturities, or principal payments on available-for-sale securities 
     63,634  
     5,348 
  
    Purchases of available-for-sale securities 
     (31,691) 
     (2,005)
  
    Net (purchase) redemptions of other investments 
     —  
     (2,715)
  
    Net change in loans held for investment 
     95,038  
     (382)
  
    Proceeds from sale of other real estate owned 
     2,568  
     — 
  
    Proceeds from disposal of premises and equipment 
     —  
     443 
  
    Bank-owned life insurance death benefit 
     154  
     — 

    Purchases of premises and equipment 
     (500) 
     (226)

    Net cash provided by investing activities 
     160,130  
     463 

    CASH FLOWS FROM FINANCING ACTIVITIES 

    Net change in deposits 
     (14,406) 
     (27,599)
  
    Proceeds from Federal Home Loan Bank advances and other borrowings 
     59,663  
     320,398 
  
    Repayments of Federal Home Loan Bank advances and other borrowings 
     (123,663) 
     (325,398)
  
    Common stock repurchases 
     —  
     (210)
  
    Common stock issuance, net 
     —  
     10,867 
  
    Preferred stock issuance, net 
     —  
     4,175 
  
    Payment of dividends 
     —  
     (656)

    Net cash (used in) provided by financing activities 
     (78,406) 
     10,577 

    NET CHANGE IN CASH AND CASH EQUIVALENTS 
     84,698  
     11,950