{"schema_version":"secwatch.filing_event.v1","accession":"0001552781-23-000482","form_type":"8-K","ticker":"BCTF","cik":"0001668340","company_name":"Bancorp 34, Inc.","filed_at":"2023-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.003599+00:00","generated_at":"2026-06-07T08:00:27.114441+00:00","sec_items":["1.01","2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Bancorp 34 reports revised Q3 net loss of $2.3M due to loan loss provision; amends merger ratio with CBOA","bullets":["Revised Q3 2023 net loss of $2.3M (-$0.52 EPS) vs previously reported net income of $3,000.","Provision for one commercial real estate credit placed on non-accrual drove revision; credit deterioration existed at Sep 30.","First nine months 2023 net loss revised to $1.7M (-$0.48 EPS) from previously reported net income of $0.6M.","Merger agreement amended: exchange ratio increased to 0.2628 BCTF shares per CBOA share (from 0.24); outside date extended to June 28, 2024.","Companies anticipate shareholder vote and closing in Q1 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001552781-23-000482","json":"https://secwatch.observer/filing/0001552781-23-000482.json","markdown":"https://secwatch.observer/filing/0001552781-23-000482.md","text":"https://secwatch.observer/filing/0001552781-23-000482.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1668340/000155278123000482/0001552781-23-000482-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1668340/000155278123000482/e23496_bctf-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T08:00:27.114441+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5f6ff5bf84d2081151d22d7f5545dc12c6c8f040","claim":"Bancorp 34, Inc. amended Amendment No. 1 to Agreement and Plan of Merger with CBOA Financial, Inc. (effective 2023-12-21).","evidence_excerpt":"(the “Company”) and CBOA Financial, Inc. (“CBOA”) dated as of April 27, 2023. The Merger Agreement was included as Annex A to the proxy statement prospectus contained in the Company’s Registration Statement on","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1668340/000155278123000482/0001552781-23-000482-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"CBOA Financial, Inc."},{"label":"Effective","value":"2023-12-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}