{"schema_version":"secwatch.filing_event.v1","accession":"0001649739-23-000135","form_type":"8-K","ticker":"BAFN","cik":"0001649739","company_name":"BayFirst Financial Corp.","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.832924+00:00","generated_at":"2026-06-16T09:03:46.860444+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"BayFirst Q1 net income falls to $739K ($0.13 EPS) on $1.6M Signature Bank loan-sale loss","bullets":["Net income $739K ($0.13 diluted) vs Q4'22 $1.3M ($0.28); continuing ops net income $867K.","Signature Bank receivership cancelled $60M SBA loan sale; FDIC claim submitted for $1.6M premium loss.","Deposits grew $137.8M (+17.3%) to $932.9M; noninterest-bearing deposits up 14% in Q1.","Net interest margin 4.17% (down 2 bps QoQ); net interest income $9.1M (+5.6% QoQ).","Declared $0.08 quarterly dividend (payable June 15, record June 1); 28th consecutive dividend."],"urls":{"canonical":"https://secwatch.observer/filing/0001649739-23-000135","json":"https://secwatch.observer/filing/0001649739-23-000135.json","markdown":"https://secwatch.observer/filing/0001649739-23-000135.md","text":"https://secwatch.observer/filing/0001649739-23-000135.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1649739/000164973923000135/0001649739-23-000135-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1649739/000164973923000135/bafn-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T09:03:46.860444+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":"39fc34c1f68d4d4c010ed5348bdc6d638e914f02","claim":"BayFirst Financial Corp. reported first quarter of 2023 results: net income $739 thousand, EPS $0.13 per diluted share.","evidence_excerpt":"On April 27, 2023, BayFirst Financial Corp. issued a press release announcing its financial results for the first quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1649739/000164973923000135/0001649739-23-000135-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Net income","value":"$739 thousand"},{"label":"EPS","value":"$0.13 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"}