secwatch.observer — SEC 8-K summary
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Issuer:     BayCom Corp (BCML)
CIK:        0001730984
Form:       8-K
Filed at:   2025-04-17T23:59:59+00:00
Accession:  0001730984-25-000024
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BayCom Corp Q1 2025 net income $5.7M ($0.51 EPS), down 6.8% from Q4 2024; NIM expands to 3.83%
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- Q1 2025 net income $5.7M ($0.51 diluted EPS) vs $6.1M ($0.55) in Q4 2024 and $5.9M ($0.51) in Q1 2024.
- Net interest margin (annualized) 3.83%, up from 3.80% in Q4 2024 and 3.72% in Q1 2024.
- Provision for credit losses $642K in Q1 vs reversal of $403K in Q4 2024 and provision of $252K in Q1 2024.
- Nonperforming loans 0.51% of total loans, improved from 0.87% a year ago but up from 0.48% at year-end.
- Deposits fell 4.7% from Q4 2024 to $2.1B; noninterest-bearing deposits declined to 27.7% from 30.8%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1730984/000173098425000024/0001730984-25-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1730984/000173098425000024/bcml-20250417x8k.htm
  HTML page:      https://secwatch.observer/filing/0001730984-25-000024

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