Bancorp 34, Inc. BCTF Balance Sheet

Bancorp 34, inc. (BCTF)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Dec'15
ASSETS
Cash and due from banks
5,158	4,496	6,829	6,323	4,718	6,374	6,194	6,860	4,762	4,988	8,565	4,327	5,101	4,766	2,978	5,959
Interest-bearing deposits with banks
3,260	24,990	8,835	18,885	6,855	5,400	9,205	14,360	7,580	4,885	26,330	7,775	8,935	11,645	19,370	13,865
Total cash and cash equivalents
8,418	29,486	15,664	25,208	11,573	11,774	15,399	21,220	12,342	9,873	34,895	12,102	14,036	16,411	22,348	19,824
Available-for-sale securities, at fair value
61,374	44,517	40,572	34,670	32,570	33,428	27,930	29,233	26,095	24,399	26,715	28,319	29,709	31,499	31,913	28,630
Loans held for sale, at fair value
-	-	1,607	-	14,614	-	20,219	21,308	15,260	15,423	10,479	11,371	7,453	14,221	29,254	11,380
Loans held for sale - discontinued operations
-	-	190	2,980	-	26,884	-	-	-	-	-	-	-	-	-	-
Loans held for investment
312,839	294,660	302,305	292,636	289,856	285,691	283,463	279,758	261,478	261,012	269,124	264,706	260,493	243,905	222,384	194,031
Allowance for loan losses
3,396	2,921	3,071	3,068	2,981	2,901	3,233	3,199	3,122	3,117	3,067	2,919	2,763	2,506	2,200	1,894
Loans held for investment, net
309,443	291,738	299,234	289,568	286,874	282,790	280,229	276,559	258,356	257,895	266,057	261,787	257,730	241,399	220,184	192,137
Other real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	306
Premises and equipment, net
8,852	8,990	9,134	9,268	9,464	9,558	9,776	9,935	10,094	10,120	10,024	10,053	10,151	10,113	9,605	9,801
Operating lease right-of-use assets
1,138	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Premises and equipment, net - discontinued operations
-	-	-	26	-	56	-	-	-	-	-	-	-	-	-	-
Stock in financial institutions, restricted, at cost
4,037	4,016	3,992	3,965	3,937	3,910	3,884	3,860	3,842	3,825	3,808	-	-	3,575	-	-
Stock in financial institutions
-	-	-	-	-	-	-	-	-	-	-	3,597	3,585	-	3,528	1,546
Accrued interest receivable
1,335	961	969	1,000	963	863	919	899	819	838	834	769	753	790	781	698
Accrued interest receivable - discontinued operations
-	-	0	11	-	11	-	-	-	-	-	-	-	-	-	-
Deferred income tax asset, net
1,702	1,907	1,892	2,074	2,103	2,196	2,421	2,163	2,193	2,191	3,861	4,274	4,473	4,317	-	0
Bank owned life insurance
10,915	10,850	10,781	10,711	10,641	10,573	10,502	10,429	10,204	10,135	5,573	5,542	5,511	5,481	5,449	5,355
Core deposit intangible, net
124	133	141	151	161	172	182	194	207	220	233	249	266	282	299	362
Prepaid and other assets
1,045	1,137	1,091	900	1,088	815	1,800	1,968	1,774	1,294	712	753	607	776	4,739	940
Prepaid and other assets - discontinued operations
-	-	-	54	-	241	-	-	-	-	-	-	-	-	-	-
TOTAL ASSETS
408,387	393,739	385,273	380,591	373,994	383,277	373,266	377,773	341,192	336,220	363,195	338,819	334,279	328,867	328,105	270,984
Liabilities
Demand deposits
56,293	56,401	52,070	47,948	43,655	45,350	46,109	45,188	42,295	37,502	37,330	38,508	42,504	36,426	33,383	37,969
Savings and NOW deposits
172,840	166,107	163,372	151,264	146,259	142,349	131,536	129,434	132,285	135,009	132,178	126,604	127,361	124,535	149,628	113,624
Time deposits
76,985	81,387	80,093	80,197	77,969	77,538	73,867	71,885	67,228	63,049	70,629	64,008	60,300	63,560	61,297	74,106
Total deposits
306,118	303,896	295,536	279,411	267,885	265,238	251,513	246,508	241,809	235,561	240,138	229,121	230,167	224,522	244,309	225,700
Federal Home Loan Bank advances
50,000	40,000	40,000	50,000	50,000	67,000	70,000	80,000	45,000	45,000	67,000	55,000	50,000	50,000	49,000	13,000
Escrows
379	254	397	243	424	228	442	391	422	296	391	317	381	315	483	277
Operating lease liabilities
1,244	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Escrows - discontinued operations
-	-	0	44	-	149	-	-	-	-	-	-	-	-	-	-
Accrued interest and other liabilities
4,343	4,271	4,081	3,626	9,131	3,520	5,148	4,885	4,342	4,391	3,747	3,383	3,125	3,253	3,325	2,363
Accrued interest and other liabilities - discontinued operations
182	233	452	939	-	717	-	-	-	-	-	-	-	-	-	-
Total liabilities
362,269	348,656	340,468	334,265	327,440	336,855	327,103	331,785	291,574	285,249	311,277	287,821	283,674	278,090	297,119	241,340
Commitments and contingencies (note 5)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0
Stockholders’ equity
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding
-	-	-	-	-	-	0	0	0	-	-	-	-	0	-	-
Common stock, $0.01 par value, 100,000,000 authorized, 3,208,618 and 3,208,618 issued and outstanding.
32	32	32	33	33	33	34	34	33	34	34	34	34	34	168	168
Additional paid-in capital
23,249	23,168	23,085	25,099	25,309	25,500	25,772	25,617	25,372	26,849	27,233	27,171	27,166	27,161	9,723	9,713
Retained earnings
23,276	23,157	22,759	22,464	22,969	22,928	22,791	22,649	26,431	26,060	26,652	25,840	25,502	25,700	21,480	20,404
Accumulated other comprehensive income (loss), net of tax
1,126	307	525	340	-132	-396	-776	-639	-532	-274	-286	-319	-354	-363	4	-216
Unearned employee stock ownership plan (ESOP) shares
1,566	1,581	1,596	1,611	1,626	1,644	-	-	-	1,700	-	-	-	-	-	-
Treasury stock, at cost; 0 and 11,530 shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	139	139
Unearned employee stock ownership plan (ESOP) shares
-	-	-	-	-	-	1,658	1,672	1,686	-	1,714	1,728	1,742	1,756	250	288
Total stockholders’ equity
46,118	45,083	44,805	46,326	46,553	46,422	46,163	45,988	49,618	50,970	51,918	50,998	50,605	50,776	30,985	29,643
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
408,387	393,739	385,273	380,591	373,994	383,277	373,266	377,773	341,192	336,220	363,195	338,819	334,279	328,867	328,105	270,984