Slide 1: Investor Presentation Q2 2022
1 Investor Presentation Q2 2022 NASDAQ: BCML
Slide 2: Presentation Disclosure
2 Presentation Disclosure ThisinvestorpresentationhasbeenpreparedbyBayComCorp(“BCML”orthe“Company”)solelyforinformationalpurposesbasedonitsowninformation,aswellas informationfrompublicsources.ThispresentationhasbeenpreparedtoassistinterestedpartiesinmakingtheirownevaluationofBCMLanddoesnotpurportto
Slide 3: BayCom Corp – Who we are
3 BayCom Corp –Who we are Overview Financial Highlights (1)Annualized. (2)Nonperforming assets consists of non-accruing loans and other real estate owned. BayCom Corp is the bank holding company for United Business Bank, the “Bank” Founded in 2004 and headquartered in Walnut Creek, California
Slide 4: Company Strengths
4 Company Strengths Seasoned and talented management team who founded and led the Company since 2004 Disciplined acquisition strategy and proven track record of integrating banks The Company recorded bargain purchase gains in four of its ten completed acquisitions with the other six having tan
Slide 5: Experienced Leadership Team
5 Experienced Leadership Team Name / Title Experience Background George J. Guarini 34 years• President and Chief Executive Officer since the Bank began operations in 2004 President &Founding CEO• Held key executive and senior level management positions with national and regional institutions Chief E
Slide 6: Disciplined Acquisition Strategy
6 Headquarters of Potential Acquisition Opportunities Disciplined Acquisition Strategy Strategic consolidation of community banks Provides scale and operating efficiencies Adds experienced and knowledgeable banking talent Opportunity to improve concentration ratios Opportunity to reduce co
Slide 7: Key Highlights of Current Markets
7 We serve the Sacramento-Roseville-Arden-Arcade MSA through one branch office • Population of approximately 2.4 million, is home to the state capital, median household income of $76,706. The Stockton-Lodi MSA in Central California is home to two branches • Population of 0.8 million and a median
Slide 8: Recent Acquisitions
8 (1)Computed as of close of merger. (2)For the first full calendar year after close. Based on BayCom consensus estimates and internal projections for each target. (3)Using the cross-over method. Recent Acquisitions Pacific Enterprise Bancorp Grand Mountain Bancshares Assets 1 $446,135$130,593 Depos
Slide 9: Loan Portfolio
9 $2.0 billion total loans (excluding loans held for sale) Approximately 32% of the loan portfolio is from the San Francisco Bay Area Average yield on total loans was 4.62% for Q2 2022 SBA Preferred Lender $15.2 million of SBA loans ( guaranteed portion) were sold which generated $1.5 mill
Slide 10: Allowance for Loan and Lease Losses
10 Allowance for Loan and Lease Losses $17.8 million total allowance for loans and leases 0.40% = Nonperforming assets / total assets 0.53% = Nonperforming loans / total loans $24.6 million = classified assets 0.89% = Allowance of loan and lease losses / total loans Note: Data as of June 3
Slide 11: Deposit Portfolio Summary
11 Deposit Portfolio Summary Deposit Composition as of June 30, 2022 At June 30, 2022: $2.3 billion total deposits Noninterest-bearing demand represents 35% of total deposits Interest bearing demand, savings and money market accounts represent 52% of total deposits Time deposits represent 13
Slide 12: Attractive Net Interest Spread
12 Attractive Net Interest Spread Note: Prior to 2022, data presented is annual data as of or for the year ended December 31 of each respective year. Data for2022 is as of or for the six months ended June 30, 2022.
Slide 13: Shareholder Tangible Book Value
13 Shareholder Tangible Book Value (1) Note: Prior to 2022, the data is annual data as of or for the year ended December 31 of each respective year. In 2022, data is as of or for the six months ended June 30, 2022. (1) Tangible Book Value excludes Goodwill and Core Deposit Intangible; see reconcilia
Slide 14: Shareholder EPS
14 Shareholder EPS Note: Data for years before 2022 is annual data for the year ended December 31 of each respective year. For 2022, the data is for the six months ended June 30, 2022. In 2022, there was a bargain purchase gain of $1.7 million and pretax merger related expenses of $3.1 million relat
Slide 15: Corporate History
15 Corporate History Opened Bay Commercial Bank Acquired Global Trust Bank Acquired Community Bank of San Joaquin Raised $16.8 million of common stock from institutional and individual investors Acquired Valley Community Bank Acquired United Business Bank, FSB Acquired Plaza Bank Formed Bank Holding
Slide 16: Demonstrated Track Record of Growth
16 Demonstrated Track Record of Growth Total Assets ($mm) Total Net Loans ($mm) Total Deposits ($mm) Net Income ($000) Note: Data for years prior to 2022 is annual data as of or for the year ended December 31 of each respective year. Data for 2022 is as of or for the six months ended June 30, 2022.
Slide 17: Strong Credit Quality
17 Strong Credit Quality Net Charge-Offs (Recoveries) Nonperforming Assets / Total Assets 1 Allowance for Loan Losses / Total Loans Net Charge-Offs (Recoveries) / Average Loans Note: Prior to 2022, data is annual data as of or for the year ended December 31 of each respective year. For 2022, data is
Slide 18: Financial Performance Summary
18 Financial Performance Summary Return on Average Assets Return on Average Equity Efficiency Ratio 1 Note: Prior to 2022, data presented is Annual data for the year ended December 31 of each respective year. For 2022, data isasof or for the six months ended June 30, 2022 (1)Calculated by dividing n
Slide 19: Appendix
19 Appendix
Slide 20: Non-GAAP Reconciliation
20 Non-GAAP Reconciliation Tangible Common Equity and Tangible Assets (Dollars in thousands except per share data) As of June 30, 20182019 2020 2021 2022 Tangible Common Equity: Total Common Shareholders Equity200,752 $ 254,220 $ 252,591 $ 262,607 $ 320,555 $ Adjustments: Goodwill (14,594) (35,466)
Slide 21: Questions? Contact Information
21 Questions ? CONTACT INFORMATION BayCom Corp George J. Guarini, Founding Director and CEO 500 Ygnacio Valley Road Suite 200 Walnut Creek, CA 94596 gguarini@ubb-us.com 925.476.1800 Keary Colwell, Sr. Executive VP/CFO/Director 500 Ygnacio Valley Road Suite 200 Walnut Creek, CA 94596 kcolwell@ubb-us.