Bancorp 34, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 4.08 million compared to USD 4.78 million a year ago. Net income was USD 0.743285 million compared to net loss of USD 0.566173 million a year ago. Diluted earnings per share from continuing operations was USD 0.31 compared to diluted loss per share from continuing operations of USD 0.24 a year ago.
For the full year, net interest income was USD 18.49 million compared to USD 18.56 million a year ago. Net income was USD 4.02 million compared to USD 3.4 million a year ago. Diluted earnings per share from continuing operations was USD 1.68 compared to USD 1.24 a year ago.