secwatch.observer — SEC 8-K summary
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Issuer:     BayCom Corp (BCML)
CIK:        0001730984
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0001730984-25-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BayCom Q4 net income $6.1M, EPS $0.55; full-year EPS $2.10 vs $2.27
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- Net interest income rose 3.1% QoQ to $23.6M; NIM 3.80%, up from 3.73% in Q3.
- Recorded $403K reversal of provision for credit losses vs $1.2M provision in Q3.
- Noninterest income plunged to $87K from $2.7M in prior quarter due to negative equity securities fair value adjustments.
- Nonperforming loans fell to $9.5M (0.48% of loans) from $13.0M (0.67%) a year ago.
- Cash dividend of $0.15 per share paid Jan 10, 2025; repurchased 1,500 shares at avg $24.28 in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1730984/000173098425000006/0001730984-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1730984/000173098425000006/bcml-20250123x8k.htm
  HTML page:      https://secwatch.observer/filing/0001730984-25-000006

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