{"schema_version":"secwatch.filing_event.v1","accession":"0001649739-23-000287","form_type":"8-K","ticker":"BAFN","cik":"0001649739","company_name":"BayFirst Financial Corp.","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.934261+00:00","generated_at":"2026-06-09T08:37:07.335540+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"BayFirst Q3 net income $1.9M ($0.41 EPS); deposits and loans grow, NIM compresses","bullets":["Net income $1.9M ($0.41 diluted EPS) vs $1.4M ($0.29) in Q2 2023; net income from continuing ops $2.0M.","Net interest margin compressed 82 bps to 3.36% due to higher deposit costs; Q2 included 30 bps one-time benefit.","CreditBench originated $155.9M in government guaranteed loans (+25% QoQ); BOLT loans $84.9M.","Deposits grew $73M to $1.02B (+7.7% QoQ); loans held for investment ex-PPP up $42.2M to $863.2M (+5.1%).","Declared $0.08 per share quarterly dividend (30th consecutive); completed $3.83M preferred stock offering."],"urls":{"canonical":"https://secwatch.observer/filing/0001649739-23-000287","json":"https://secwatch.observer/filing/0001649739-23-000287.json","markdown":"https://secwatch.observer/filing/0001649739-23-000287.md","text":"https://secwatch.observer/filing/0001649739-23-000287.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1649739/000164973923000287/0001649739-23-000287-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1649739/000164973923000287/bafn-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T08:37:07.335540+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":"f8d5b43908b6e58e7e7b126336fe62522721ff98","claim":"BayFirst Financial Corp. reported third quarter of 2023 results: net income $1.9 million, EPS $0.41 per diluted common 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 $1.9 million, or $0.41 per diluted common share, for the third quarter of 2023 compared to $1.4 million, or $0.29 per diluted common share, in the second quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1649739/000164973923000287/0001649739-23-000287-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2023"},{"label":"Net income","value":"$1.9 million"},{"label":"EPS","value":"$0.41 per diluted common 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"}