For the quarter ending 2025-09-30, BAFN has $1,345,978K in assets. $1,256,250K in debts. $118,550K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 5,193 | 6,142 | ||
| Interest-bearing deposits in banks | 113,357 | 71,157 | ||
| Cash and cash equivalents | 118,550 | 77,299 | ||
| Time deposits in banks | 1,284 | 1,280 | ||
| Investment securities available for sale, at fair value (amortized cost 32,614 and 40,279 at september30, 2025 and december31, 2024, respectively) | 29,857 | 30,256 | ||
| Investment securities held to maturity, at amortized cost, net of allowance for credit losses of 9 and 12 (fair value 2,375 and 2,346 at september30, 2025 and december31, 2024, respectively) | 2,491 | 2,491 | ||
| Nonmarketable equity securities | 7,028 | 6,551 | ||
| Government guaranteed loans held for sale-Government Guaranteed Loans Held For Sale | 94,052 | - | ||
| Government guaranteed loans hfi, at fair value | 61,780 | 90,687 | ||
| Loans hfi, at amortized cost | 936,903 | 1,035,112 | ||
| Allowance for credit losses on loans | 24,485 | 17,041 | ||
| Net loans hfi, at amortized cost | 912,418 | 1,018,071 | ||
| Accrued interest receivable | 8,898 | 9,495 | ||
| Premises and equipment, net | 31,695 | 32,407 | ||
| Loan servicing rights | 15,663 | 16,074 | ||
| Deferred income tax asset | 5,839 | - | ||
| Right-of-useoperating lease assets | 14,833 | 15,160 | ||
| Bank owned life insurance | 27,071 | 26,881 | ||
| Other real estate owned | 400 | 400 | ||
| Other assets | 14,119 | 16,815 | ||
| Total assets | 1,345,978 | 1,343,867 | ||
| Noninterest-bearing deposit accounts | 105,937 | 109,698 | ||
| Interest-bearing transaction accounts | 210,336 | 238,215 | ||
| Savings and money market deposit accounts | 479,262 | 493,005 | ||
| Time deposits | 375,922 | 322,878 | ||
| Total deposits | 1,171,457 | 1,163,796 | ||
| Fhlb borrowings | 50,000 | 40,000 | ||
| Subordinated notes | 5,961 | 5,959 | ||
| Notes payable | 1,593 | 1,707 | ||
| Accrued interest payable | 1,082 | 1,148 | ||
| Operating lease liabilities | 13,554 | 13,819 | ||
| Deferred income tax liabilities | 0 | 895 | ||
| Accrued expenses and other liabilities | 12,603 | 8,320 | ||
| Total liabilities | 1,256,250 | 1,235,644 | ||
| Preferred stock-Series APreferred Stock | 6,161 | 6,161 | ||
| Preferred stock-Series BPreferred Stock | 3,123 | 3,123 | ||
| Preferred stock-Series CPreferred Stock | 6,446 | 6,446 | ||
| Common stock and additionalpaid-incapital no par value, 15,000,000 shares authorized, 4,116,913 and 4,132,986 shares issued and outstanding at september30, 2025 and december31, 2024, respectively | 54,764 | 54,739 | ||
| Accumulated other comprehensive loss, net | -2,069 | -2,368 | ||
| Unearned compensation | 538 | 1,006 | ||
| Retained earnings | 21,841 | 41,128 | ||
| Total shareholders equity | 89,728 | 108,223 | ||
| Total liabilities and shareholders equity | 1,345,978 | 1,343,867 | ||
BayFirst Financial Corp. (BAFN)
BayFirst Financial Corp. (BAFN)