Bancorp 34, Inc. (BCTF)

ROIC Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	48.43	44.01	25.78	21.82	19.47	18.29
Interest Income on Investments	8.03	6.77	2.35	1.94	1.41	1.41
Total Interest Income	56.46	50.79	28.12	23.76	20.88	19.69
Interest Paid on Deposits	20.63	19.02	11.14	3.68	1.49	3.16
Interest Paid on Borrowings	2.18	2.47	1.81	1.63	0.68	0.55
Total Interest Expense	22.81	21.49	12.95	5.31	2.16	3.71
Net Interest Income	33.65	29.3	15.18	18.45	18.72	15.98
Net Interest Income Growth (YoY)	127.83%	93.07%	-17.74%	-1.45%	17.11%	13.14%
Gain (Loss) on Sale of Assets	-	-0.43	-	-0.03	-0.02	-0.24
Gain (Loss) on Sale of Investments	-	-	-	-	0.2	0.01
Other Non-Interest Income	0.41	0.4	0.24	0.57	0.87	0.96
Total Non-Interest Income	1.08	0.54	0.73	0.55	1.3	0.75
Non-Interest Income Growth (YoY)	255.96%	-26.03%	33.95%	-57.92%	71.74%	-12.30%
Revenues Before Loan Losses	34.73	29.84	15.91	18.99	20.01	16.74
Provision for Loan Losses	-1.59	3.83	4.22	2.42	0.5	1.94
Revenue	36.32	26.01	11.68	16.57	19.51	14.79
Revenue Growth (YoY)	423.86%	122.68%	-29.51%	-15.07%	31.91%	-1.15%
Salaries and Employee Benefits	13.21	12.13	5.97	8.74	7.96	6.61
Federal Deposit Insurance	0.49	0.59	0.35	0.43	0.23	0.26
Amortization of Goodwill & Intangibles	1.34	1.34	-	-	-	-
Selling, General & Administrative	8.38	9.43	4.75	4.36	4.29	4.79
Other Non-Interest Expense	5.21	3.17	1.45	1.65	1.11	0.83
Total Non-Interest Expense	28.64	26.65	12.53	15.18	13.59	12.5
EBT Excluding Unusual Items	7.68	-0.64	-0.85	1.39	5.93	2.29
Other Unusual Items	-0.12	5.02	-	-	-	-
Pretax Income	7.15	0.62	-3.86	1.39	5.93	2.29
Income Tax Expense	1.61	-1.07	-0.45	0.06	1.29	0.5
Earnings From Continuing Operations	5.54	1.69	-3.4	1.33	4.64	1.8
Net Income	5.54	1.69	-3.4	1.33	4.64	1.8
Preferred Dividends & Other Adjustments	0	-0	0.1	0.01	0.04	0.02
Net Income to Common	5.53	1.69	-3.51	1.32	4.6	1.77
Net Income Growth	-	-	-	-71.30%	158.18%	152.79%
Basic Shares Outstanding	1	7	4	2	3	3
Diluted Shares Outstanding	1	7	4	2	3	3
Shares Change (YoY)	-81.45%	66.86%	69.93%	-12.87%	-9.03%	-3.14%
EPS (Basic)	6.79	0.25	-0.87	0.56	1.69	0.59
EPS (Diluted)	6.79	0.25	-0.87	0.56	1.69	0.59
EPS Growth	-	-	-	-66.92%	186.44%	160.54%
Dividend Per Share	-	-	0.140	0.280	0.200	0.200
Dividend Growth	-	-	-50.00%	40.00%	-	33.33%
Effective Tax Rate	22.57%	-	-	4.18%	21.79%	21.68%

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.