{"schema_version":"secwatch.filing_event.v1","accession":"0001649739-25-000225","form_type":"8-K","ticker":"BAFN","cik":"0001649739","company_name":"BayFirst Financial Corp.","filed_at":"2025-07-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.560247+00:00","generated_at":"2026-05-17T23:43:45.761288+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"BayFirst Financial posts Q2 net loss of $1.2M; suspends dividends; strategic review ongoing","bullets":["Net loss of $1.2M ($0.39/share) vs. loss of $0.3M in Q1 2025 and income of $0.9M in Q2 2024.","Board suspends common and preferred stock dividends; also suspends board of director fees to offset impact.","Provision for credit losses rose to $7.3M (from $4.4M Q1 and $3.0M Q2 2024); net charge-offs $6.8M (2.60% annualized).","Net interest margin improved 29bps to 4.06% QoQ; community bank loans grew 3% during the quarter.","Strategic review initiated to derisk unguaranteed SBA 7(a) balances; additional info expected in coming weeks."],"urls":{"canonical":"https://secwatch.observer/filing/0001649739-25-000225","json":"https://secwatch.observer/filing/0001649739-25-000225.json","markdown":"https://secwatch.observer/filing/0001649739-25-000225.md","text":"https://secwatch.observer/filing/0001649739-25-000225.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1649739/000164973925000225/0001649739-25-000225-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1649739/000164973925000225/bafn-20250729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T23:43:45.761288+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"}