---
schema_version: "secwatch.filing_event.v1"
accession: "0001730984-23-000070"
form_type: "8-K"
ticker: "BCML"
cik: "0001730984"
company_name: "BayCom Corp"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:24:01.734372+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# BayCom Corp Q2 2023 net income $7.2M ($0.59 EPS), flat QoQ; NIM down to 4.02%

## Summary
- Net income $7.2M vs $7.2M Q1 2023 and $3.9M Q2 2022; diluted EPS $0.59 vs $0.57 and $0.29.
- Net interest margin 4.02% (Q1 2023: 4.26%, Q2 2022: 3.59%) on higher deposit costs.
- Loans $2.0B (flat); deposits $2.1B (flat QoQ), noninterest-bearing deposits down to 30.9%.
- Repurchased 543,955 shares at avg $16.71 during Q2; 133,960 remaining under repurchase plan.
- Allowance credit losses reversed $1.3M in Q2; nonperforming loans stable at 0.64% of loans.

## SEC filing metadata
- accession: 0001730984-23-000070
- form_type: 8-K
- ticker: BCML
- cik: 0001730984
- company_name: BayCom Corp
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1730984/000173098423000070/0001730984-23-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1730984/000173098423000070/bcml-20230726x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001730984-23-000070
- JSON: https://secwatch.observer/filing/0001730984-23-000070.json
- Plain text: https://secwatch.observer/filing/0001730984-23-000070.txt

## Key facts
- Earnings Releases
  BayCom Corp reported financial results for the quarter and six month period ended June 30, 2023.
  - Period: the quarter and six month period ended June 30, 2023
  - Result: reported results
  source text: On July 26, 2023, BayCom Corp issued its earnings release for the quarter and six month period ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1730984/000173098423000070/0001730984-23-000070-index.htm

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