None
DE
Southwest Heritage Bank: Bancorp 34, Inc. Reports 2nd Quarter Performance
['Access Newswire']
FinanzNachrichten.de: News
Second Quarter 2026 HighlightsNet Income - $1.9 millionBank Net Income - $2.1 millionTBVPS - $12.88Diluted EPS- $0.24SCOTTSDALE, AZ / ACCESS Newswire / August 3, 2026 / Bancorp 34, Inc. (OTCID:BCTF), the parent company for Southwest Heritage Bank, together, the "Company" reports second quarter of 2026 performance.
While total loans increased modestly over the linked quarter, we booked approximately $37.0 million in new commitments.
Net Income improved over the linked quarter driven primarily by increased net interest income and declined over the prior year due to the impact of a large recovery in Q2 2025.
Non-interest expense increased slightly during the quarter due to one-time costs related to the relocation of our Scottsdale Branch.
Total loans were up only slightly as elevated payoffs offset the impact of $37.0 million in new loan commitments.