BayCom Corp (BCML)

BayCom Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	102.67	106.32	95.72	76.1	82.19	65.46
Interest Income on Investments	27.1	20.02	11.34	5.51	5.01	11.08
Total Interest Income	129.77	126.34	107.07	81.61	87.19	76.54
Interest Paid on Deposits	34.23	24.04	6.27	4.88	6.95	8.17
Interest Paid on Borrowings	4.45	4.42	4.08	3.93	1.95	0.57
Total Interest Expense	38.67	28.46	10.35	8.8	8.9	8.73
Net Interest Income	91.09	97.87	96.71	72.81	78.29	67.81
Net Interest Income Growth (YoY)	-9.64%	1.20%	32.84%	-7.01%	15.46%	30.61%
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.19
Gain (Loss) on Sale of Investments	2.56	-0.04	-4.64	1.27	0.88	0.67
Other Non-Interest Income	6.11	6.51	6.33	5.2	6.07	5.6
Total Non-Interest Income	8.96	6.98	4.44	11.27	8.78	9.57
Non-Interest Income Growth (YoY)	72.09%	57.32%	-60.64%	28.41%	-8.30%	35.12%
Revenues Before Loan Losses	100.06	104.85	101.15	84.08	87.07	77.38
Provision for Loan Losses	3.99	2.02	4.44	0.47	10.32	2.22
Revenue	96.06	102.84	96.71	83.61	76.75	75.16
Revenue Growth (YoY)	-9.13%	6.34%	15.67%	8.94%	2.12%	31.49%
Salaries and Employee Benefits	37.56	40.28	38.9	32.35	32.22	26.82
Occupancy Expenses	4.62	4.26	3.96	4.1	3.79	2.15
Selling, General & Administrative	11.79	11.42	10.9	9.5	11.71	9.4
Other Non-Interest Expense	8.54	8	8.08	7.76	7.79	6.48
Total Non-Interest Expense	63.23	64.68	62.86	55.13	55.5	44.85
EBT Excluding Unusual Items	32.83	38.16	33.85	28.48	21.25	30.31
Other Unusual Items	-	-	1.67	-	-	-
Pretax Income	32.83	38.16	32.44	28.48	18.23	23.69
Income Tax Expense	8.94	10.73	8.71	7.79	4.5	6.37
Net Income	23.89	27.43	23.73	20.69	13.73	17.32
Net Income to Common	23.89	27.43	23.73	20.69	13.73	17.32
Net Income Growth	-16.62%	15.57%	14.69%	50.74%	-20.74%	19.49%
Basic Shares Outstanding	11	12	13	11	12	12
Diluted Shares Outstanding	11	12	13	11	12	12
Shares Change (YoY)	-8.45%	-8.00%	20.60%	-9.05%	1.75%	21.33%
EPS (Basic)	2.10	2.27	1.81	1.90	1.15	1.47
EPS (Diluted)	2.10	2.27	1.81	1.90	1.15	1.47
EPS Growth	-8.98%	25.55%	-4.84%	65.63%	-21.96%	-1.70%
Dividend Per Share	0.400	0.400	0.200	-	-	-
Dividend Growth	14.29%	100.00%	-	-	-	-
Effective Tax Rate	27.24%	28.13%	26.84%	27.35%	24.70%	26.90%

Source: S&P Capital IQ. Banks template. Financial Sources.