8-K current report · filed Jul 23, 2026

BayCom Corp (BCML) 8-K Current Report: July 23, 2026

Item 2.02Item EX-99.1BCML overview

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BayCom Corp (BCML) filed an 8-K current report with the SEC on July 23, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q2 2026 earnings release covers the quarter ended June 30, 2026.

BayCom Corp 8-K event analysis

AI summary of each reported item and its exhibits

Item 2.02 · Results of Operations and Financial Condition

  • Q2 2026 earnings release covers the quarter ended June 30, 2026
  • Full financial results and management commentary available in Exhibit 99.1

Item EX-99.1 · Exhibit EX-99.1

  • Q2 net loss $7.0M, or $(0.64) per diluted share, versus $8.2M profit in Q1 and $6.4M in Q2 2025
  • Executive transition costs totaled $10.5M, creating substantial one-time pressure but raising execution and retention risk
  • Loans grew $64M, or 3.2%, while deposits fell $95.5M, or 4.2%, increasing reliance on $25M of FHLB borrowings
  • Credit risk intensified: $5.2M provision, $2.8M net charge-offs, and allowance rising to $23.0M, or 1.11% of loans
  • Nonperforming loans improved to $9.8M, or 0.47% of loans, while capital remained above well-capitalized thresholds with 13.76% CET1 ratio

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