---
schema_version: "secwatch.filing_event.v1"
accession: "0001730984-24-000060"
form_type: "8-K"
ticker: "BCML"
cik: "0001730984"
company_name: "BayCom Corp"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T19:45:08.857318+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BayCom Corp Q2 net income $5.6M ($0.50 EPS) down 4.7% QoQ and 22.3% YoY

## Summary
- Net income $5.6M ($0.50 diluted EPS) vs $5.9M ($0.51) in Q1 2024 and $7.2M ($0.59) in Q2 2023.
- Net interest margin narrowed to 3.69% from 3.72% QoQ and 4.02% YoY; net interest income $22.3M.
- Nonperforming loans $16.1M (0.87% of loans); allowance for credit losses $19.0M (1.02%).
- Repurchased 204,794 shares at avg $20.17 in Q2; declared $0.10 dividend paid July 11.
- CEO cites low loan demand and stabilizing deposits; cautious optimism for H2 2024.

## SEC filing metadata
- accession: 0001730984-24-000060
- form_type: 8-K
- ticker: BCML
- cik: 0001730984
- company_name: BayCom Corp
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1730984/000173098424000060/0001730984-24-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1730984/000173098424000060/bcml-20240718x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001730984-24-000060
- JSON: https://secwatch.observer/filing/0001730984-24-000060.json
- Plain text: https://secwatch.observer/filing/0001730984-24-000060.txt

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