secwatch.observer — SEC 8-K summary
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Issuer:     BayCom Corp (BCML)
CIK:        0001730984
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001730984-23-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BayCom Corp Q4 net income $8.1M ($0.62/share), up 48% YoY; net interest margin expands to 4.40%
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- Q4 net income $8.1M ($0.62 diluted EPS) vs Q3 $7.2M ($0.54) and Q4 2021 $5.4M ($0.51); YoY increase of 48%.
- Net interest margin (annualized) 4.40% in Q4 vs 3.99% prior quarter and 3.41% year ago.
- Loans net of fees $2.0B, up $356M from Dec 2021; deposits $2.1B, stable QoQ.
- Nonperforming loans $15.2M (0.75% of loans) vs $19.7M (0.99%) at Sep 30, 2022 and $6.9M (0.41%) a year ago.
- Repurchased 236,985 shares at avg cost $18.60 in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1730984/000173098423000004/0001730984-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1730984/000173098423000004/bcml-20230126x8k.htm
  HTML page:      https://secwatch.observer/filing/0001730984-23-000004

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