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SCOTTSDALE, Ariz., April 5, 2024 /PRNewswire/ -- Bancorp 34, Inc. (OTCQB:BCTF) (the "Company"), the parent company for Southwest Heritage Bank (the "Bank"), today announced that Jim Crotty has submitted his resignation as Chief Executive Officer and director of the Company and the Bank, effective April 1, 2024. Mr. Crotty served as Chief Executive Officer of the Company and the Bank beginning in 2020. Under his leadership, the Company has grown to approximately $1 billion in total assets and recently completed its merger with CBOA Financial, Inc., the parent company of Tucson, Arizona based Commerce Bank of Arizona.
Merger creates a $1 billion in assets commercial bank serving Arizona, and the southern New Mexico / El Paso, Texas markets. SCOTTSDALE, Ariz., March 19, 2024 /PRNewswire/ -- Bancorp 34, Inc. (OTCQB:BCTF), the parent company for Bank 34, today announced that it has completed its previously announced merger with CBOA Financial, Inc. ("CBOF"), the parent company of Tucson, Arizona based Commerce Bank of Arizona ("Commerce Bank"), effective March 19, 2024. Also, effective March 19, 2024, Commerce Bank merged into Bank 34. Commerce Bank had approximately $433 million in total ass
SCOTTSDALE, Ariz., March 8, 2024 /PRNewswire/ -- Bancorp 34, Inc. (OTCQB:BCTF), the parent company for Bank 34, reports consolidated fourth quarter of 2023 performance. 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. The Company reported consolidated total assets of $581.3 million as of December 31, 2023, up from $574.3 million as of December 31, 2022. Operating results continue to b
10-K - Bancorp 34, Inc. (0001668340) (Filer)
15-15D - Bancorp 34, Inc. (0001668340) (Filer)
10-Q - Bancorp 34, Inc. (0001668340) (Filer)
SCOTTSDALE, Ariz., April 5, 2024 /PRNewswire/ -- Bancorp 34, Inc. (OTCQB:BCTF) (the "Company"), the parent company for Southwest Heritage Bank (the "Bank"), today announced that Jim Crotty has submitted his resignation as Chief Executive Officer and director of the Company and the Bank, effective April 1, 2024. Mr. Crotty served as Chief Executive Officer of the Company and the Bank beginning in 2020. Under his leadership, the Company has grown to approximately $1 billion in total assets and recently completed its merger with CBOA Financial, Inc., the parent company of Tucson, Arizona based Commerce Bank of Arizona.