BayCom Corp, the holding company for United Business Bank, reported its second quarter earnings for 2025, revealing a net income of $6.4 million, or $0.58 per diluted common share. This represents an increase from the first quarter of 2025, where earnings were $5.7 million, or $0.51 per diluted common share, and from the second quarter of 2024, which saw earnings of $5.6 million, or $0.50 per diluted common share. The company experienced a $15.3 million boost in shareholders' equity from June 30, 2024, primarily due to growth in retained earnings and improvements in other comprehensive income. Net income for the first six months of 2025 increased by $589,000, or 5.1%, compared to the same period in 2024, driven by a $1.4 million rise in net interest income and a $340,000 decrease in noninterest expense. These gains were partially offset by a $592,000 decrease in noninterest income, a $422,000 increase in provision for credit losses, and a $75,000 increase in provision for income taxes. The second quarter also saw a $328,000 decrease in loss on equity securities due to favorable market conditions, a $179,000 increase in loan servicing and other fees, and a $75,000 increase in service charges and other fees. These were partially counterbalanced by a $233,000 decrease in gain on sale of loans, a $298,000 increase in loss on investment in SBIC fund, and a $21,000 decrease in other income and fees. CEO George Guarini noted the positive trend in financial results, supported by new lending activity and deposit growth, and stated that the company's financial condition remains resilient with no signs of systemic credit weakness.