{"schema_version":"secwatch.filing_event.v1","accession":"0001649739-23-000014","form_type":"8-K","ticker":"BAFN","cik":"0001649739","company_name":"BayFirst Financial Corp.","filed_at":"2023-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.998072+00:00","generated_at":"2026-06-20T08:16:31.924061+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"BayFirst Q4 net income $1.3M ($0.27 EPS); loan growth 40.6% YoY; $0.08 dividend","bullets":["Q4 2022 net income $1.3M ($0.27 diluted EPS) vs Q3 net loss $1.4M ($0.35 loss); continuing ops net income $2.1M.","Loans held for investment (ex-PPP) rose 40.6% YoY to $709.5M; SBA loan originations $109.4M (+84.6% YoY).","Net interest margin contracted 44 bps QoQ to 4.19% on higher deposit costs; net charge-offs $1.4M (annualized 0.79% of avg loans).","Quarterly cash dividend $0.08 declared (27th consecutive), payable March 15, 2023 to shareholders of record March 1.","Management targeting 1% ROAA in 2023; new branches in Tampa (Q1 2023) and Sarasota (late 2023/early 2024)."],"urls":{"canonical":"https://secwatch.observer/filing/0001649739-23-000014","json":"https://secwatch.observer/filing/0001649739-23-000014.json","markdown":"https://secwatch.observer/filing/0001649739-23-000014.md","text":"https://secwatch.observer/filing/0001649739-23-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1649739/000164973923000014/0001649739-23-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1649739/000164973923000014/bafn-20230124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T08:16:31.924061+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1729f27eee92a8b588ee94d79f37dbb41559c813","claim":"BayFirst Financial Corp. reported the fourth quarter of 2022 results: net income net income of $1.3 million, EPS $0.27 per diluted share.","evidence_excerpt":"BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today reported net income of $1.3 million, or $0.27 per diluted share, for the fourth quarter of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1649739/000164973923000014/0001649739-23-000014-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2022"},{"label":"Net income","value":"net income of $1.3 million"},{"label":"EPS","value":"$0.27 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}