BayCom Corp

BayCom Corp is the bank holding company for United Business Bank, providing a wide range of financial services to small and mid-sized businesses, service professionals, and individuals. Its main products include demand, savings, money market, and time deposit accounts. On the lending side, it offers commercial and multifamily real estate loans (both owner-occupied and investor), commercial and industrial loans such as equipment loans and working capital lines of credit, Small Business Administration (SBA) loans, construction and land loans, agriculture-related loans, and consumer loans like installment loans and personal lines of credit. The bank also provides online and mobile banking, ATM services, remote deposit capture, and treasury management services including balance reporting, wire transfers, ACH origination, and lockbox services.

BayCom Corp is listed on the NasdaqGS exchange under the ticker symbol BCML. Its financials are reported in US Dollars (USD), and it operates primarily in the United States. As a regional bank holding company, its stock trades on a major US exchange, providing liquidity and transparency for investors.

BayCom Corp operates in the Financial Services sector, specifically within the Banks - Regional industry. This means it is a regional bank holding company that focuses on providing traditional banking services to local communities and businesses, as opposed to large multinational banks. Its activities include taking deposits and making loans, with a particular emphasis on commercial real estate, small business lending, and consumer banking services across its branch network.

BayCom Corp, through its subsidiary United Business Bank, operates a network of full-service banking branches primarily in Northern and Southern California. It also has a presence in Las Vegas, Nevada; Denver, Colorado; Custer, Delta, and Grand counties in Colorado; Seattle, Washington; and Central New Mexico. This geographic footprint allows the bank to serve a diverse range of customers across multiple states, focusing on small to mid-sized businesses and individuals in these regions.

BayCom Corp generates revenue primarily through net interest income from its lending and deposit activities. It earns interest on loans such as commercial real estate, commercial and industrial, SBA, construction, agriculture, and consumer loans. Additionally, it earns fee income from deposit account services, treasury management products (like wire transfers, ACH origination, and lockbox services), and other banking services such as debit cards, cashier's checks, and letters of credit. The bank also offers sweep accounts and zero balance accounts to help businesses manage their cash flow efficiently.