BayFirst Financial Corp. (BAFN) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.840 Good morning, ladies and gentlemen, and welcome to the Bay First Financial Corp Q4 2025 00:00:05.840 -- 00:00:11.009 conference call and webcast. At this time, all lines are in a listen-only mode. 00:00:11.009 -- 00:00:15.236 Following the presentation, we will conduct a question-and-answer session. 00:00:15.236 -- 00:00:20.324 If at any time during this call you require immediate assistance, please press star zero 00:00:20.324 -- 00:00:26.290 for the operator. This call is being recorded on Friday, January 30, 2026. 00:00:26.440 -- 00:00:31.327 I would now like to turn the conference over to Tom Zernick, CEO of BayFirst. 00:00:31.327 -- 00:00:33.767 Please go ahead. 00:00:34.170 -- 00:00:38.997 Thank you, Vanessa. Good morning, and thank you for joining our call today. 00:00:38.997 -- 00:00:44.084 Once again, with me is Robin Oliver, our President and Chief Operating Officer, and 00:00:44.084 -- 00:00:47.849 Scott McKim, our Chief Financial Officer. 00:00:47.849 -- 00:00:53.288 Today's call will include forward-looking statements and non-GAAP financial measures. 00:00:53.288 -- 00:00:58.455 please refer to our cautionary statement on forward-looking statements contained on 00:00:58.455 -- 00:01:01.858 page two of the investor presentation. 00:01:02.381 -- 00:01:08.150 The end of 2025 marks the completion of several significant milestones. 00:01:08.150 -- 00:01:13.457 We have executed and completed a number of strategic initiatives, including the exit 00:01:13.457 -- 00:01:18.605 from the SBA 7A lending business, the sale of a substantial amount 00:01:18.605 -- 00:01:24.655 of 7A loan balances, a significant reduction in headcounts and expenses, 00:01:24.655 -- 00:01:28.158 and a complete focus on our community bank. 00:01:28.158 -...