BayCom (BCML) Registration filing summary

Company overview and business model

• Operates as a California-based bank holding company with a network of 34 full-service branches across five states, focusing on commercial banking services for businesses and individuals.

• Principal objective is to enhance shareholder value and generate consistent earnings growth through organic expansion, strategic loan and deposit transactions, and acquisitions.

• As of March 31, 2026, reported $2.6 billion in total assets, $2.3 billion in deposits, $2.0 billion in loans (net), and $344 million in shareholders' equity.

• Regulated as a bank holding company by the Federal Reserve Board; its main subsidiary, United Business Bank, is a California-chartered, FDIC-insured commercial bank.

Financial performance and metrics

• Financial and business information is incorporated by reference from recent SEC filings, including the Annual Report on Form 10-K for the year ended December 31, 2025, and the Quarterly Report on Form 10-Q for the period ended March 31, 2026.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including financing acquisitions, redeeming or repurchasing securities, funding subsidiaries, and repaying or refinancing debt.

• Proceeds may be temporarily invested or used to reduce indebtedness until allocated for corporate purposes.

• The timing and allocation of proceeds will depend on market conditions and funding requirements.