BayFirst Financial Corp. (BAFN)
Nasdaq: BAFN · State Commercial Banks · St Petersburg, FL · filing with the SEC since 2021
Income statement, as filed
In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 |
| Report filed | Mar 27, 2026 | Mar 25, 2025 | Mar 28, 2024 | Mar 28, 2023 | Mar 31, 2022 | · |
| For lenders | ||||||
| Interest and dividend income | 85,216r | 81,862r | 68,517 | 38,566 | 43,826r | 43,730 |
| Interest expense on deposits and borrowings | 40,009 | 44,784 | 32,086 | · | · | · |
| Net interest income | 45,207r | 37,078r | 36,431 | 30,000 | 36,526r | 33,452 |
| Provision for credit losses | · | · | · | · | -3,500 | 16,900 |
| Net interest income after provision | 19,561r | 21,680r | 25,986 | 30,700 | 40,026r | 16,552 |
| Noninterest income | 17,845r | 58,879r | 49,755 | 31,550 | 21,973r | 97,695 |
| Noninterest expense | 70,425 | 66,782 | 67,707 | 55,212 | 50,279r | 98,469 |
| Interest expense | · | · | 32,086 | 8,566 | 7,300 | 10,278 |
| Income before income taxes | -33,019r | 13,777r | 8,034 | 7,038 | 11,720r | 15,778 |
| Income tax expense | -8,454r | 3,518r | 2,119 | 1,560 | 2,691r | 3,075 |
| Income from continuing operations | -24,565r | 10,259r | 5,915 | 5,478 | 9,029 | · |
| Income from discontinued operations | 0 | -69 | -213 | -5,827 | 15,589 | · |
| Net income | -24,565r | 10,190r | 5,702 | -349 | 24,618 | 12,703 |
| Preferred dividends | 1,541 | 1,541 | 965 | 832 | 1,005 | 863 |
| Net income to common shareholders | -26,106r | 8,649r | 4,737 | -1,181 | 23,613 | 11,840 |
| Earnings per share, basic | -6.32r | 2.09r | 1.16 | -0.29 | 6.21 | 3.45 |
| Earnings per share, diluted | -6.32r | 2.09r | 1.12 | -0.22 | 5.91r | 3.01 |
| Weighted average shares, basic | 4,129,655 | 4,133,082 | 4,100,114 | 4,020,933 | 3,802,935 | 3,430,716 |
| Weighted average shares, diluted | 4,129,655 | 4,133,082r | 4,581,817 | 4,220,625 | 4,071,203r | 4,001,323 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Interest and dividend income what its loans and securities earned
us-gaap:InterestIncomeOperatingInterest expense on deposits and borrowings what it paid for the money it lends
us-gaap:InterestExpenseOperatingNet interest income interest earned less interest paid
us-gaap:InterestIncomeExpenseNetProvision for credit losses set aside for loans that may not be repaid
us-gaap:ProvisionForLoanLossesExpensedNet interest income after provision interest income left after the provision
us-gaap:InterestIncomeExpenseAfterProvisionForLoanLossNoninterest income fees and other income that is not interest
us-gaap:NoninterestIncomeNoninterest expense salaries, buildings and the other costs of running the bank
us-gaap:NoninterestExpenseInterest expense what its borrowing cost
us-gaap:InterestExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntityNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossPreferred dividends paid to preferred holders before common shareholders
us-gaap:PreferredStockDividendsIncomeStatementImpactNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding