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Income Statement
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Unit Economics
Common Size IS
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BayCom Corp (BCML)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16
   10-K10-K10-K10-K10-K10-K10-K
Interest income:         
Loans, including fees  95.776.182.265.549.141.128.4
Investment securities  6.13.93.0    
Fed funds sold and interest-bearing balances in banks  4.00.71.3    
FHLB dividends  0.70.50.30.50.40.40.3
FRB dividends  0.50.50.50.30.20.10.1
    Total interest and dividend income  107.181.687.276.556.944.329.6
   
Interest expense:         
Deposits  6.34.97.08.24.53.93.1
Subordinated debt  3.63.61.40.10.1  
Junior subordinated deferrable interest debentures  0.50.30.50.60.50.4 
    Total interest expense  10.48.88.917.59.98.73.1
    Net interest income  96.772.878.367.851.939.926.6
(Reversal of) provision for credit losses  4.40.510.32.21.80.50.6
    Net interest income after (reversal of) provision for credit losses  92.372.368.065.650.139.526.0
   
Noninterest income:         
Gain on sale of loans  2.74.81.83.02.12.2 
   
Service charges and other fees         
Loan servicing and other loan fees  2.21.82.51.91.2  
Bargain purchase gain  1.7      
Other income and fees  1.01.01.1 1.3 0.4
    Total noninterest income  10.711.38.89.67.14.81.4
   
Noninterest expense:         
Salaries and employee benefits  40.533.833.928.821.417.010.6
Occupancy and equipment  8.47.47.15.14.33.22.1
Data processing  7.05.68.28.43.84.71.4
Other expense  10.18.49.39.17.25.12.8
    Total noninterest expense  65.955.158.551.536.730.117.0
    Income before provision for income taxes  37.028.518.223.720.5  
Provision for income taxes  10.07.84.56.46.08.94.4
    Net income  27.020.713.717.314.55.35.9
   
Earnings per common share:         
Basic earnings per common share (in dollars per share)  $2.06$1.90$1.15$1.47$1.50$0.81$1.10
   
Weighted average common shares outstanding (in shares)  13.110.912.011.89.76.55.4
Diluted earnings per common share (in dollars per share)  $2.06$1.90$1.15$1.47$1.50$0.81$1.09
Weighted average common shares outstanding (in shares)  13.110.912.011.89.76.55.4

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