secwatch.observer — SEC 8-K summary
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Issuer:     BayCom Corp (BCML)
CIK:        0001730984
Form:       8-K
Filed at:   2026-10-22T20:23:20+00:00
Accession:  0001730984-26-000081
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

BayCom Q3 net income $1.1M ($0.10/sh) vs $5.0M a year ago; repositioning cuts EPS by about $0.50
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- Net income $1.1M, or $0.10 per diluted share, vs $5.0M/$0.46 in Q3 2025 and a $7.0M loss/($0.64) in Q2 2026.
- Sold $106.8M of available-for-sale securities at a $6.8M loss; proceeds redeployed into higher-yielding, shorter-duration securities, adding about 122 bps to yield.
- Preferred equity sales of $7.8M and market moves produced a $589,000 loss; severance was $192,000. Management says actions cut Q3 EPS by about $0.50.
- Deposits rose $122.3M (5.6%) to $2.3B; loans grew $77.2M (3.7%) to $2.2B; net interest margin 4.11%, up 16 bps QoQ and 43 bps YoY.
- Average cost of deposits 1.57%, up 1 bp; classified assets fell $3.9M (11.1%) to $31.7M; Total Capital ratio 14.52%, CET1 13.39%, TCE 11.17%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1730984/000173098426000081/0001730984-26-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1730984/000173098426000081/bcml-20261022x8k.htm
  HTML page:      https://secwatch.observer/filing/0001730984-26-000081

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