Bancorp 34, Inc Reports 3rd Quarter Performance

Core Insights - Bancorp 34, Inc. reported a net income of $1.7 million for the third quarter of 2025, with bank net income at $2.0 million [1] - The tangible book value per share (TBVPS) is $12.07, and diluted earnings per share (EPS) is $0.24 [1] - Loan growth was robust, with over $31 million in new commitments booked during the quarter, leading to a total loan increase of $14 million, or 2.1%, compared to the previous quarter [1] Financial Performance - Net income for the third quarter stands at $1.7 million [1] - Bank net income is reported at $2.0 million [1] - Tangible book value per share (TBVPS) is $12.07 [1] - Diluted earnings per share (EPS) is $0.24 [1] Loan Growth - The company experienced significant loan growth, with more than $31 million in new commitments during the quarter [1] - Total loans increased by $14 million, reflecting a growth rate of 2.1% over the linked quarter [1]