BayCom Corp

For the period ended Mar 31, 2025. Filed May 9, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 9, 2025

BCML$31.29+0.1%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income (unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(In thousands, except for share and per share data)


· · Three months ended ·
· · March 31, ·
· 2025 · 2024 ·
· · · · · ·
Interest income: · ·
Loans, including fees	$27,149	$25,257
Investment securities	2,454	1,956
Fed funds sold and interest-bearing balances in banks	2,649	4,115
FHLB dividends	249	272
FRB dividends	145	144
Total interest and dividend income	32,646	31,744
Interest expense:
Deposits	8,683	8,227
Subordinated debt	891	893
Junior subordinated deferrable interest debentures	192	217
Total interest expense	9,766	9,337
Net interest income	22,880	22,407
Provision for credit losses	642	252
Net interest income after provision for credit losses	22,238	22,155
Noninterest income:
Gain on sale of loans	198	—
(Loss) gain on equity securities	(255)	573
Service charges and other fees	945	839
Loan servicing and other loan fees	389	392
Loss on investment in Small Business Investment Company (“SBIC”) fund	(109)	(30)
Other income and fees	272	288
Total noninterest income	1,440	2,062
Noninterest expense:
Salaries and employee benefits	9,935	10,036
Occupancy and equipment	2,136	2,154
Data processing	1,853	1,753
Other expense	2,065	2,128
Total noninterest expense	15,989	16,071
Income before provision for income taxes	7,689	8,146
Provision for income taxes	1,987	2,269
Net income	$5,702	$5,877
Earnings per common share:
Basic earnings per common share	$0.51	$0.51
Weighted average common shares outstanding	11,136,058	11,525,752

Diluted earnings per common share	$0.51	$0.51
Weighted average common shares outstanding	11,136,058	11,525,752

BAYCOM CORP AND SUBSIDIARY

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.