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Mar 31, 2021
Baycom Q1 2021 Earnings Report
Baycom's first quarter earnings were reported, showing a net income of $4.5 million and an EPS of $0.40.
Key Takeaways
BayCom Corp reported first quarter earnings of $4.5 million, or $0.40 per diluted share, which is consistent with the prior quarter and an increase compared to the same period last year.
Net income remained unchanged from the previous quarter at $4.5 million.
No provision for loan losses was recorded in the first quarter of 2021.
The bank funded 370 PPP loans totaling $48.3 million under the second PPP program.
Annualized net interest margin was 3.49% for the current quarter.
Forward Guidance
The company did not provide forward guidance in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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