The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) from continuing operations | -18,902 | -1,572 |
| Depreciation of fixed assets | 549 | 1,108 |
| Net securities premium amortization | -2 | -32 |
| Amortization of debt issuance costs | 2 | 3 |
| Amortization of premium on loans purchased, net | 480 | 383 |
| Provision for credit losses | 10,915 | 11,664 |
| Accretion of discount on unguaranteed loans | 1,036 | 1,883 |
| Deferred tax expense (benefit) | 0 | -189 |
| Origination of government guaranteed loans held for sale | 0 | 0 |
| Proceeds from sales of government guaranteed loans held for sale | 50,424 | 146,321 |
| Net gains on sales of government guaranteed loans | 3,063 | 13,463 |
| Fair value adjustment on loans held for sale | 5,096 | - |
| Change in fair value of government guaranteed loans hfi, at fair value | -882 | 1,687 |
| Amortization of loan servicing rights | 1,685 | 3,675 |
| Gain on other real estate owned | 0 | 423 |
| Loss on sale of repossessed assets | 0 | -9 |
| Non-qualified stock purchase plan expense | 4 | 9 |
| Stock based compensation expense | 87 | 56 |
| Income from bank owned life insurance | 190 | 368 |
| Impairment of equipment and software | 1,422 | - |
| Accrued interest receivable | -597 | 340 |
| Other assets | 5,037 | 3,170 |
| Accrued interest payable | -66 | 112 |
| Other liabilities | 3,456 | -2,820 |
| Net cash provided by operating activities of continuing operations | 47,307 | 137,457 |
| Net cash used in operating activities of discontinued operations | 0 | 0 |
| Net cash provided by operating activities | 47,307 | 137,457 |
| Purchase of investment securities available for sale | 0 | 5,718 |
| Principal payments on investment securities available for sale | 794 | 1,446 |
| Principal payments on investment securities held to maturity | 0 | 0 |
| Call of investment securities held to maturity | 0 | 11,109 |
| Net purchase of nonmarketable equity securities | 477 | 2,025 |
| Purchase of time deposits in banks | 4 | 10 |
| Maturity of time deposits in banks | 0 | 1,000 |
| Purchase of government guaranteed loans | 0 | 0 |
| Loan originations, net | 24,340 | 202,226 |
| Purchase related to other real estate owned | 0 | 0 |
| Purchase of premises and equipment | 10 | 266 |
| Proceeds on sales of other real estate owned | 0 | 155 |
| Proceeds on sales of repossessed assets | 32 | 27 |
| Net cash used in investing activities | -24,005 | -196,508 |
| Net change in deposits | 7,661 | 20,567 |
| Net increase in short-term borrowings | 10,000 | 40,000 |
| Payments on notes payable | 114 | 227 |
| Proceeds from issuance of common stock for benefit plans, net | 34 | -9 |
| Common share buyback - redeemed stock | 0 | 335 |
| Unearned esop shares | -368 | 0 |
| Dividends paid on common stock | 0 | 663 |
| Dividends paid on preferred stock | 0 | 771 |
| Net cash provided by financing activities | 17,949 | 58,562 |
| Net change in cash and cash equivalents | 41,251 | -489 |
| Cash and cash equivalents at beginning of period | 77,788 | - |
| Cash and cash equivalents at end of period | 118,550 | - |
BayFirst Financial Corp. (BAFN)
BayFirst Financial Corp. (BAFN)