# EDGAR Filing Document

**Accession Number:** 0001730984
**File Stem:** 0001730984-23-000014
**Filing Date:** 2023-3
**Character Count:** 10129
**Document Hash:** 5428321594d2f8c50a787580d867b889
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001730984-23-000014.hdr.sgml**: 20230314

**ACCESSION NUMBER**: 0001730984-23-000014

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20230314

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230314

**DATE AS OF CHANGE**: 20230314

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BayCom Corp
- **CENTRAL INDEX KEY:** 0001730984
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 371849111

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38483
- **FILM NUMBER:** 23730535

**BUSINESS ADDRESS:**
- **STREET 1:** 500 YGNACIO VALLEY ROAD
- **STREET 2:** SUITE 200
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596
- **BUSINESS PHONE:** 925-476-1800

**MAIL ADDRESS:**
- **STREET 1:** 500 YGNACIO VALLEY ROAD
- **STREET 2:** SUITE 200
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596

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**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington D.C. 20549**

**FORM 8-K**

**Current Report**

**Pursuant to Section 13 or 15(d)**

**of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): March 14, 2023**

**BAYCOM CORP**

**(Exact name of registrant as specified in its charter)**

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| | | |
|:---|:---|:---|
| **California** | **001-38483** | **37-1849111** |
| **(State or other jurisdiction ofincorporation or organization)** | **(CommissionFile No.)** | **(I.R.S. EmployerIdentification No.)** |

---

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| | |
|:---|:---|
| **500 Ygnacio Valley Road, Suite 200, Walnut Creek, CA** | **94596** |
| **(Address of principal executive offices)** | **(Zip Code)** |

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**Registrant's telephone number, including area code: (925) 476-1800**

**Not Applicable**

(Former name or former address, if changed from last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| Title of each Class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock | BCML | The Nasdaq Stock Market LLC |

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Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 7.01 Regulation FD Disclosure.**

On March 14, 2023, BayCom Corp (the "Company"), the holding company for United Business Bank issued a press release confirming the strength of its capital and liquidity positions.

A copy of the press release is attached hereto as Exhibit 99.1. The Company does not intend for this Item 7.01 or Exhibit 99.1 to be treated as "filed" for purposes of the Securities Exchange Act of 1934, as amended, or incorporated by reference into its filings under the Securities Act of 1933, as amended.

**ITEM 9.01** **FINANCIAL STATEMENTS AND EXHIBITS**

(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) The following exhibits are included with this Report:

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| | |
|:---|:---|
| &nbsp;&nbsp;**Exhibit**<br>**No.**<br>| &nbsp;&nbsp;<br>**Exhibit Description** |

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| | |
|:---|:---|
| &nbsp;&nbsp;99.1 | &nbsp;&nbsp;[Press Release dated March 14, 2023 issued by BayCom Corp](bcml-20230314xex99d1.htm) |
| &nbsp;&nbsp;104.0 | &nbsp;&nbsp;Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

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| | |
|:---|:---|
|  | BAYCOM CORP |
| Date: March 14, 2023 | /s/ Keary L Colwell |
|  | Keary L. Colwell, Senior Executive Vice President, |
|  | Chief Financial Officer and Corporate Secretary |

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## Exhibit 99.1

**BAYCOM CORP'S CAPITAL AND LIQUIDITY REMAIN STRONG**

Walnut Creek--(BUSINESS WIRE)--March 14, 2023—BayCom Corp (NASDAQ:BCML), and its wholly owned subsidiary United Business Bank (the "Bank"), a Western Regional bank, today confirmed its capital and liquidity positions remain strong.

The Bank has access to approximately $1.1 billion in liquidity from numerous sources including its borrowing capacity at Federal Home Loan Bank. In addition, the Bank is eligible to receive funds under the new Bank Term Funding Program announced by the Federal Reserve today.

Founder and President, George Guarini stated, "The cornerstone of the United Business Bank's business model is diversification: diversification of the markets we serve, diversification of the loan products we offer, diversification in our investment portfolio, diversification of the client profiles we bank and diversification of our revenue sources. BayCom employs a community bank strategy by way of gathering in-market deposits and lending to local clients and businesses in a conservative manner."

Guarini continued, "Our total deposits have increased since year end, and our more recent deposit activities appear to be within the normal course of business."

"The Bank's capital remains well above the regulatory threshold for well-capitalized banks, and its liquidity position remains strong. The Bank continues to process transactions and loan fundings to fully serve the needs of our clients," concluded Guarini.

**About BayCom Corp**

The Company, through its wholly owned operating subsidiary, United Business Bank, offers a full-range of loans, including SBA, CalCAP, FSA and USDA guaranteed loans, and deposit products and services to businesses and its affiliates in California, Washington, New Mexico and Colorado. The Bank is an Equal Housing Lender and a member of FDIC. The Company is traded on the NASDAQ under the symbol "BCML". For more information, go to www.unitedbusinessbank.com.

**Forward-Looking Statements**

*This release, as well as other public or shareholder communications released by the Company, may contain forward-looking statements, including, but not limited to, (i) statements regarding the financial condition, results of operations and business of the Company, (ii) statements about the Company's plans, objectives, expectations and intentions and other statements that are not historical facts and (iii) other statements identified by the words or phrases "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," "intends" or similar expressions that are intended to identify "forward-looking statements", within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts but instead are based on current beliefs and expectations of the Company's management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the Company's control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Accordingly, management cautions that any such forward-looking statements are not guarantees of future performance and are subject to risks,* 

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*assumptions, estimates and uncertainties that are difficult to predict. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. A number of important factors could cause actual results to differ materially from those indicated in these forward-looking statements, including adverse conditions in the capital and debt markets and the impact of such conditions on the Company's business activities; changes in interest rates, higher inflation and their impact on national and local economic conditions; changes in monetary and fiscal policies of the U.S. Treasury, the Board of Governors of the Federal Reserve System and other governmental entities; the impacts of the COVID-19 pandemic, such as the severity, magnitude, duration and businesses' and governments' responses thereto, on the Company's operations and personnel, and on activity and demand across its businesses, and other factors identified in "Risk Factors" or "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Annual Report on Form 10-K and other periodic filings with the Securities and Exchange Commission. Any forward-looking statements presented herein are made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.*

CONTACT:

BayCom Corp

**George Guarini, 925-476-1800** **Keary Colwell, 925-476-1800**

**gguarini@ubb-us.com** **kcolwell@ubb-us.com**

**Source: BayCom Corp**

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