Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 633

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 1C
Chunk 633
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 interest rates across various interest rate scenarios, which seeks
to demonstrate the level of interest rate risk inherent in the balance sheet. The analysis holds the current balance sheet values constant
and does not take into account management intervention. In addition, we assume certain correlation rates, often referred to as a “deposit
beta,” for interest-bearing deposits, wherein the rates paid to customers change relative to changes in benchmark interest rates.
The effect on the bank’s net interest income over a 12-month time horizon and economic value of equity due to hypothetical changes
in market interest rates is presented in the table below. In this interest rate shock simulation, as of the periods presented, interest
rates have been adjusted by instantaneous parallel changes rather than in a ramp simulation, which applies interest rate changes over
time. All rates, short-term and long-term, are changed by the same amount (e.g. plus or minus 100 basis points) resulting in the shape
of the yield curve remaining unchanged.

    % Change in Net Interest Income  
    % Change in Economic Value of Equity 
  
    Changes in Interest Rates (Basis Points) 
    As of  December 31, 2024  
    As of  December 31, 2023  
    As of December 31, 2024  
    As of December 31, 2023 
  
    400 
     -0.27% 
     -13.90% 
     -5.02% 
     -9.67%
  
    300 
     1.58% 
     -8.20% 
     -1.81% 
     -5.36%
  
    200 
     1.93% 
     -3.70% 
     0.82% 
     -1.06%
  
    100 
     2.16% 
     0.61% 
     1.79% 
     1.25%
  
    Base 

    -100 
     -2.73% 
     -0.59% 
     -3.63% 
     -2.78%
  
    -200 
     -3.61% 
     2.52% 
     -8.18% 
     -6.54%
  
    -300 
     -4.42% 
     5.77% 
     -