BayCom Corp

Listed Company

BCMLCIK 0001730984NasdaqAcceleratedState Commercial Banks

Period

FY 2025

Revenue

—

Net Income

$23.93M

Total Assets

$2.59B

Equity

$338.55M

Shares Out

10.91M

Op. Cash Flow

$31.83M

Business

BayCom Corp is a bank holding company that operates principally through its wholly owned subsidiary, United Business Bank, providing commercial banking services and monitoring its investment in the Bank. It offers lending products (commercial real estate, commercial and industrial, SBA, construction, agricultural and consumer loans), deposit accounts, treasury and cash-management services, online and mobile banking, and investment securities. Key business activities include bank operations (loan origination, deposit gathering, credit and risk management, and treasury services) and holding-company investment and oversight functions. The company distributes services through a network of full‑service branches across multiple western U.S. states and digital channels.

Summary from filing dated 2025-03-14

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Loans, including fees	114	104	106	96	76
Investment securities	9	9	7	6	4
Fed funds sold and interest-bearing balances in banks	10	17	12	4	665,000
FHLB dividends	1	1	862,000	684,000	494,000
FRB dividends	561,000	578,000	577,000	549,000	458,000
Total interest and dividend income	135	132	126	107	82
Deposits	37	36	24	6	5
Subordinated debt	3	4	4	4	4
Junior subordinated deferrable interest debentures	762,000	863,000	841,000	496,000	345,000
Total interest expense	41	41	28	—	—
Net interest income	94	91	98	97	73
Provision for credit losses	4	1	2	4	466,000
Net interest income after provision for credit losses	90	90	96	92	72
Gain on sale of loans	268,000	287,000	508,000	3	5
(Loss) gain on equity securities	−230,000	463,000	−1	−5	0
Loan servicing and other loan fees	2	2	2	2	2
"(Loss) gain on investment in Small Business Investment Company (""SBIC"") fund"	−278,000	−500,000	1	−70,000	1
Other income and fees	1	1	1	1	963,000
Total noninterest income	6	6	7	6	11
Salaries and employee benefits	40	39	41	40	34
Occupancy and equipment	9	9	8	8	7
Data processing	8	7	7	7	6
Other expense	7	9	9	10	8
Total noninterest expense	64	64	65	66	55
Income before provision for income taxes	33	32	38	32	28
Provision for income taxes	9	9	11	9	8
Net income	24	24	27	24	21
Basic earnings per common share (in dollars per share)	2.18	2.1	2.27	1.81	1.9
Weighted average common shares outstanding (in shares)	11	11	12	13	11
Diluted earnings per common share (in dollars per share)	2.18	2.1	2.27	1.81	1.9
Weighted average common shares outstanding (in shares)	11	11	12	13	11

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash due from banks	27	23	18	27	21
Federal funds sold and interest-bearing balances in banks	180	341	290	150	359
Cash and cash equivalents	207	364	308	177	380
Time deposits in banks	0	249,000	1	2	4
"Investment securities available-for-sale (""AFS""), at fair value, net of allowance for credit losses of $0 at both December 31, 2025 and December 31, 2024"	180	193	163	154	—
Equity securities, at fair value	13	13	13	14	—
"Federal Home Loan Bank (""FHLB"") stock, at par"	12	11	11	11	8
"Federal Reserve Bank (""FRB"") stock, at par"	8	10	10	10	8
Loans held for sale	1	2	—	2	6
Loans, net of allowance for credit losses of $21,210 at December 31, 2025 and $17,900 at December 31, 2024	2,045	1,935	1,906	—	—
Premises and equipment, net	13	13	14	13	14
Core deposit intangible, net	2	3	4	5	6
"Cash surrender value of bank owned life insurance (""BOLI"") policies, net"	24	24	23	22	22
"Right-of-use assets (""ROU""), net"	13	13	14	17	12
Goodwill	39	39	39	39	39
Interest receivable and other assets	38	44	47	46	30
Total assets	2,594	2,665	2,552	2,513	2,351
Noninterest and interest bearing deposits	2,214	2,234	2,133	2,085	1,985
Junior subordinated deferrable interest debentures, net	9	9	9	8	8
Subordinated debt, net	—	64	64	64	64
Salary continuation plan	5	5	5	5	4
Lease liabilities	14	14	15	17	13
Interest payable and other liabilities	14	15	15	17	14
Total liabilities	2,255	2,340	2,239	2,196	2,088
Commitments and contingencies (Note 15)	—	—	—	—	—
Preferred stock, no par value; 10,000,000 shares authorized; no shares issued and outstanding at both December 31, 2025 and December 31, 2024	—	—	—	—	—
Common stock, no par value; 100,000,000 shares authorized; 10,887,681 and 11,121,475 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively	166	172	181	204	157
Additional paid in capital	287,000	287,000	287,000	287,000	287,000
Accumulated other comprehensive loss, net of tax	−7	−13	−15	−12	2
Retained earnings	179	165	146	124	103
Total shareholders' equity	339	324	313	317	263
Total liabilities and shareholders' equity	2,594	2,665	2,552	2,513	2,351

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net income	24	24	27	24	21
Deferred tax (benefit) expense	−503,000	801,000	1,000	−2	117,000
Amortization (accretion) on acquired loans	239,000	28,000	−876,000	−375,000	—
Proceeds from sale of loans originated for sale	5	5	10	43	46
Loans originated for sale	−4	−4	−7	−34	−55
Loss on sale of OREO	—	—	21,000	—	−15,000
Amortization on junior subordinated debentures	1	80,000	81,000	81,000	251,000
Gain on repayment of subordinated debt, net	—	−34,000	—	—	—
Increase in cash surrender value of life insurance policies	−762,000	−724,000	−674,000	−603,000	−680,000
Amortization/accretion of premiums/discounts on investment securities, net	136,000	35,000	340,000	592,000	499,000
Depreciation and amortization	2	2	2	2	2
Core deposit intangible amortization	948,000	1	1	2	2
Stock based compensation expense	653,000	588,000	726,000	1	1
Decrease in deferred loan origination fees, net	−495,000	−93,000	−138,000	−2	−2
Net change in interest receivable and other assets	4	3	2	−2	−3
Increase in salary continuation plan, net	385,000	185,000	−288,000	447,000	384,000
Net change in interest payable and other liabilities	−5	−2	−6	3	3
Net cash provided by operating activities	32	30	31	40	10
Proceeds from maturities of interest bearing deposits in banks	249,000	996,000	996,000	1	4
Purchase of investment securities AFS	−16	−50	−25	−29	−91
Proceeds from maturities, repayments and calls of investment securities AFS	39	22	12	11	28
Purchase of FHLB stock	−211,000	—	−634,000	—	−648,000
Redemption (purchase) of FRB stock	2	−19,000	−24,000	—	—
Proceeds from sale of loans held for investment	2	6	—	—	—
Purchase of loans	−31	−86	−18	−14	—
(Increase) decrease in loans, net	−85	46	114	68	—
Purchase of equipment and leasehold improvements, net	−2	−2	−2	−843,000	−1
Net cash (used in) provided by investing activities	−91	−62	80	54	−60
(Decrease) increase in noninterest and interest bearing deposits in banks, net	−31	22	−137	−31	168
Increase in time deposits, net	11	79	184	−245	−22
Repayment of subordinated debt	−65	−315,000	—	—	—
Repurchase of common stock	−7	−9	−24	−18	−12
Dividends paid on common stock	−7	−3	−4	−2	—
Net cash (used in) provided by financing activities	−99	88	20	−296	130
Decrease in cash and cash equivalents	−158	56	131	−203	80
Interest expense	41	41	27	10	9
Income taxes paid, net	9	7	12	8	7
Change in unrealized gain on AFS securities, net of tax	6	2	−3	−14	−531,000
Transfer of loans to held-for-sale	2	2	—	—	—
Recognition of ROU assets in exchange for lease obligations	3	3	644,000	3	—
Cash dividends declared on common stock not yet paid	−3	−2	−1	−644,000	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro