{"schema_version":"secwatch.filing_event.v1","accession":"0001649739-24-000008","form_type":"8-K","ticker":"BAFN","cik":"0001649739","company_name":"BayFirst Financial Corp.","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.973147+00:00","generated_at":"2026-06-06T18:21:27.960158+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 $1.7M, EPS $0.32; NIM expands 12bps to 3.48%","bullets":["Net income $1.7M ($0.32 diluted EPS) vs $1.9M ($0.41) in Q3; net interest margin 3.48% (+12 bps).","CreditBench originated $144.9M in government guaranteed loans; $102.3M from Bolt small loan program.","Loans held for investment (ex-PPP) up $49.3M to $912.5M; deposits down $32.7M to $985.1M.","Board declared $0.08/share dividend payable March 15, 2024; 31st consecutive quarterly dividend.","Preferred stock offering raised $6.45M gross proceeds; Tier 1 leverage ratio 9.38%."],"urls":{"canonical":"https://secwatch.observer/filing/0001649739-24-000008","json":"https://secwatch.observer/filing/0001649739-24-000008.json","markdown":"https://secwatch.observer/filing/0001649739-24-000008.md","text":"https://secwatch.observer/filing/0001649739-24-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1649739/000164973924000008/0001649739-24-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1649739/000164973924000008/bafn-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:21:27.960158+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":"56877e35cfac28cb2378d6544d00ccc957b9f121","claim":"BayFirst Financial Corp. reported the fourth quarter of 2023 results: net income $1.7 million, EPS $0.32 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 $1.7 million, or $0.32 per diluted common share, for the fourth quarter of 2023 compared to $1.9 million, or $0.41 per diluted common share, in the third quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1649739/000164973924000008/0001649739-24-000008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Net income","value":"$1.7 million"},{"label":"EPS","value":"$0.32 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"}