other material
confidence high
sentiment positive
materiality 0.75
BayCom Corp reassures strong capital and liquidity; access to $1.1B liquidity
BayCom Corp
- Total accessible liquidity of approx $1.1B, including FHLB borrowing capacity.
- Eligible for Fed's new Bank Term Funding Program announced March 14, 2023.
- Total deposits increased since year-end; deposit activities in normal course.
- Capital well above well-capitalized regulatory threshold.
- President highlights diversification strategy across markets, products, clients.