secwatch.observer — SEC 8-K summary
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Issuer:     BayCom Corp (BCML)
CIK:        0001730984
Form:       8-K
Filed at:   2025-10-23T23:59:59+00:00
Accession:  0001730984-25-000068
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BayCom Q3 earnings fall 21% sequentially to $5.0M; loan loss provision jumps to $2.9M
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- Net income $5.0M ($0.46 EPS) vs $6.4M ($0.58) in Q2 and $6.0M ($0.54) in Q3 2024.
- Provision for credit losses surged to $2.9M from $203K in Q2, with net charge-offs of $833K.
- Net interest margin slipped to 3.72% from 3.77% Q2; redeemed sub debt causing $835K debt issuance cost amortization.
- Allowance for credit losses increased to 1.02% of loans ($20.8M) from 0.93% ($18.7M) in Q2.
- Nonperforming loans improved to $13.9M (0.68%) from $16.4M (0.82%) at Q2 end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1730984/000173098425000068/0001730984-25-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1730984/000173098425000068/bcml-20250930x8k.htm
  HTML page:      https://secwatch.observer/filing/0001730984-25-000068

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