{"schema_version":"secwatch.filing_event.v1","accession":"0001649739-23-000290","form_type":"8-K","ticker":"BAFN","cik":"0001649739","company_name":"BayFirst Financial Corp.","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.934459+00:00","generated_at":"2026-06-09T04:46:04.463840+00:00","sec_items":["7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.72,"calibrated_materiality_score":0.72,"confidence":"high","headline":"BayFirst Q3 net income $1.9M, up 171% from Q1; CEO Leo to retire Dec 31","bullets":["Net income $1.9M ($0.81 diluted EPS adjusted), ROA 0.71%, ROE 8.46%; sequential improvement of 39% from Q2.","Net interest margin compressed 82 bps to 3.36% due to 6% CD campaign; maturing CDs not expected to renew.","Total assets $1.13B (+4.3% QoQ); deposits $1.02B; non-wholesale deposits up 28% YTD.","CEO Anthony Leo retiring 12/31/2023; President Tom Zernick to become CEO; Leo remains director.","BOLT loan annualized charge-off rate 2.93% in Q3; Upgrade consumer portfolio down to $19.6M from $29.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001649739-23-000290","json":"https://secwatch.observer/filing/0001649739-23-000290.json","markdown":"https://secwatch.observer/filing/0001649739-23-000290.md","text":"https://secwatch.observer/filing/0001649739-23-000290.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1649739/000164973923000290/0001649739-23-000290-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1649739/000164973923000290/bafn-20231027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:46:04.463840+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}