{"schema_version":"secwatch.filing_event.v1","accession":"0001552781-24-000093","form_type":"8-K","ticker":"BCTF","cik":"0001668340","company_name":"Bancorp 34, Inc.","filed_at":"2024-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.046363+00:00","generated_at":"2026-06-04T23:52:19.054408+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bancorp 34 reports Q4 net loss $1.7M; merger with CBOA expected to close March 2024","bullets":["Net loss $1.7M, diluted EPS ($0.40), vs ($1.9M) and ($0.81) in Q4 2022.","Total assets $581.3M, up $6.9M YoY; deposits declined $27.6M.","Merger with CBOA (Commerce Bank of Arizona) on track to close March 2024; combined bank to rebrand as Southwest Heritage Bank.","Problem credit transferred to OREO at $3M; loss on credit $3.4M in Q4; note sold Feb 2024 for $2.5M.","Merger expenses $1.7M in Q4, $3M full year; tangible book value $12.94/share."],"urls":{"canonical":"https://secwatch.observer/filing/0001552781-24-000093","json":"https://secwatch.observer/filing/0001552781-24-000093.json","markdown":"https://secwatch.observer/filing/0001552781-24-000093.md","text":"https://secwatch.observer/filing/0001552781-24-000093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1668340/000155278124000093/0001552781-24-000093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1668340/000155278124000093/e24099_bctf-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T23:52:19.054408+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":"fabfef5cad064376eabd73a6e82bff7b5f55b6e8","claim":"Bancorp 34, Inc. reported the quarter ended December 31, 2023 results: net income ($1.7 million), EPS ($0.40).","evidence_excerpt":"Bancorp 34, Inc. (the “Company”) reported a net loss and diluted net loss per share, for the quarter ended December 31, 2023, of ($1.7 million) and ($0.40), respectively, compared to ($1.9 million) and ($0.81) for the same period in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1668340/000155278124000093/0001552781-24-000093-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Net income","value":"($1.7 million)"},{"label":"EPS","value":"($0.40)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}