Bancorp 34, Inc. [BCTF]

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Company Overview

Bancorp 34, Inc. (the Company), a Maryland corporation that was organized in 2016, is a savings and loan holding company headquartered in Alamogordo, New Mexico. Bancorp 34, Inc.s common stock is quoted on NASDAQ under the symbol BCTF. Bancorp 34, Inc. conducts its operations primarily through its wholly owned subsidiary, Bank 34, a federally chartered savings association. Bancorp 34, Inc. manages its operations as one unit, and thus does not have separate operating segments. At December 31, 2019, Bancorp 34, Inc. had total assets of $393.7 million, loans held for investment of $291.7 million, available-for-sale securities of $44.5 million, deposits of $303.9 million, and stockholders equity of $45.1 million.