Great news!  Bancorp 34, Inc., the parent company for Bank 34, reported first quarter performance and announces quarterly dividend.  

Commenting on the quarter Jim Crotty, President and Chief Executive Officer of Bancorp 34, stated “We are pleased that 2022 is off to a great start.  Pre-tax, pre-provision earnings for the quarter totaled $1.9MM, up from $1.2MM (pre-PPP) in the year ago period.  Balance sheet growth was driven by quality loan production across the markets we serve.  We completed the conversion of our core banking software to a next-generation product which will serve as the cornerstone of our technology strategy moving forward.  I’m proud of the successes of our team as we work to increase both customer and shareholder value.”

For the complete Press Release: