---
schema_version: "secwatch.filing_event.v1"
accession: "0001730984-23-000025"
form_type: "8-K"
ticker: "BCML"
cik: "0001730984"
company_name: "BayCom Corp"
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T22:37:57.597555+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BayCom Corp Q1 net income $7.0M ($0.55 EPS); net interest margin 4.26%

## Summary
- Net income of $7.0M, up 8.6% YoY from $6.5M; diluted EPS $0.55 vs $0.51 a year ago.
- Net interest income $25.3M, up 13% YoY; net interest margin 4.26% vs 3.63% a year ago.
- Deposits stable at $2.1B; noninterest bearing deposits fell to 33.2% from 37.1% in Q4 2022.
- Adopted CECL Jan 1, 2023; one-time $491K after-tax reduction to retained earnings.
- Declared $0.10/share cash dividend (paid April 14); repurchased 422,877 shares at avg $19.08.

## SEC filing metadata
- accession: 0001730984-23-000025
- form_type: 8-K
- ticker: BCML
- cik: 0001730984
- company_name: BayCom Corp
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1730984/000173098423000025/0001730984-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1730984/000173098423000025/bcml-20230420x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001730984-23-000025
- JSON: https://secwatch.observer/filing/0001730984-23-000025.json
- Plain text: https://secwatch.observer/filing/0001730984-23-000025.txt

## Key facts
- Earnings Releases
  BayCom Corp reported the first quarter of 2023 results: net income $7.0 million, EPS $0.55 per diluted common share.
  - Period: the first quarter of 2023
  - Net income: $7.0 million
  - EPS: $0.55 per diluted common share
  - Result: reported results
  source text: BayCom Corp (“BayCom” or the “Company”) (NASDAQ: BCML), the holding company for United Business Bank (the “Bank” or “UBB”), announced earnings of $7.0 million, or $0.55 per diluted common share, for the first quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1730984/000173098423000025/0001730984-23-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.