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Jun 30, 2021
Baycom Q2 2021 Earnings Report
Baycom Corp reported earnings for the second quarter of 2021.
Key Takeaways
BayCom Corp reported net income of $5.3 million, or $0.49 per diluted share, for the second quarter of 2021. The company benefited from participation in funding PPP loans and reversal of provision for loan losses.
Earnings of $5.3 million, or $0.49 per diluted share
Reversal of provision for loan losses of $507,000
Loan pipeline is strong, demonstrating a return to more normalized banking activities
Annualized net interest margin was 3.29%
Forward Guidance
No specific forward guidance was provided in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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