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Bancorp 34, Inc. Parent Company Only Financial Information (Details 3) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating activities    
Net (loss) income $ (3,402) $ 1,330
Adjustments to reconcile net (loss) income to net cash used in operating activities    
Changes in prepaid and other assets 851 (123)
Changes in accrued interest and other liabilities (1,016) 213
Net cash used in operating activities 910 9,761
Investing activities    
Net cash used in investing activities 463 (56,838)
Financing activities    
Repurchase of common stock (210) (78)
Issuance of common stock, net 10,867 6,212
Issuance of preferred stock, net 4,175 7,306
Cash dividends paid (656) (700)
Net cash from financing activities 10,577 48,523
Net change in cash and cash equivalents 11,950 1,446
CASH AND CASH EQUIVALENTS, beginning of period 16,947 15,501
CASH AND CASH EQUIVALENTS, end of period 28,897 16,947
Parent Company [Member]    
Operating activities    
Net (loss) income (3,402) 1,330
Adjustments to reconcile net (loss) income to net cash used in operating activities    
Amortization of subordinated debt issuance costs 64 84
Equity in loss (income) of subsidiary bank 1,680 (2,162)
Changes in prepaid and other assets (354) (297)
Changes in accrued interest and other liabilities (348) 449
Net cash used in operating activities (2,360) (596)
Investing activities    
Principal collections on ESOP note receivable 27 42
Other investment contributions (494) (315)
Capital contribution to bank subsidiary (10,000)
Net cash used in investing activities (10,467) (273)
Financing activities    
Repurchase of common stock (210) (78)
Issuance of common stock, net 10,866 6,212
Issuance of preferred stock, net 4,176 7,306
Cash dividends paid (656) (700)
Net cash from financing activities 14,176 12,740
Net change in cash and cash equivalents 1,349 11,871
CASH AND CASH EQUIVALENTS, beginning of period 17,835 5,964
CASH AND CASH EQUIVALENTS, end of period $ 19,184 $ 17,835