Bancorp 34, Inc. Annual Interest Expense in USD from 2015 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Bancorp 34, Inc. quarterly/annual Interest Expense history and growth rate from 2015 to 2023.
  • Bancorp 34, Inc. Interest Expense for the quarter ending June 30, 2024 was $5.65M, a 84.4% increase year-over-year.
  • Bancorp 34, Inc. Interest Expense for the twelve months ending June 30, 2024 was $17.2M.
  • Bancorp 34, Inc. annual Interest Expense for 2023 was $12.9M, a 144% increase from 2022.
  • Bancorp 34, Inc. annual Interest Expense for 2022 was $5.31M.
  • Bancorp 34, Inc. annual Interest Expense for 2019 was $4.82M, a 51.9% increase from 2018.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $12.9M +$7.64M +144% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-08
2022 $5.31M Jan 1, 2022 Dec 31, 2022 10-K 2024-03-08
2019 $4.82M +$1.65M +51.9% Jan 1, 2019 Dec 31, 2019 10-K 2020-02-18
2018 $3.17M +$902K +39.7% Jan 1, 2018 Dec 31, 2018 10-K 2020-02-18
2017 $2.27M +$588K +34.9% Jan 1, 2017 Dec 31, 2017 10-K 2019-02-19
2016 $1.68M +$250K +17.4% Jan 1, 2016 Dec 31, 2016 10-K 2018-03-14
2015 $1.43M Jan 1, 2015 Dec 31, 2015 10-K 2017-03-23
* An asterisk sign (*) next to the value indicates that the value is likely invalid.