Baycom Corp Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by Baycom Corp on September 21, 2021. The company is incorporated in California and its common stock (BCML) trades on The Nasdaq Stock Market LLC. The report concerns United Business Bank, the wholly owned operating subsidiary of Baycom Corp.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on corporate governance and personnel changes rather than financial performance.
Material Changes
The primary event reported is a change in senior management at the subsidiary level. On September 21, 2021, the Board of Directors of United Business Bank appointed Terry Curley as the permanent Chief Credit Officer. Ms. Curley had previously served in this role on an interim basis since July 2021. She will retain her existing titles of Executive Vice President and Director of Labor Service Division, with her new combined title being Executive Vice President, Chief Credit Officer and Director of Labor Service Division.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on future performance, specific risks, contingencies, or unusual items.
Key Facts for Investors to Verify
- Confirmation of Terry Curley's permanent appointment as Chief Credit Officer of United Business Bank.
- Ms. Curley's continued responsibilities as Executive Vice President and Director of Labor Service Division.
- The transition from interim to permanent status for the Chief Credit Officer role effective September 21, 2021.