Baycom Corp #IPO Preview

Company: BayCom Corp
Symbol: BCML
Description: They are a bank holding company headquartered in Walnut Creek, California.
Trade Date: 5/4
Shares: 2.27 million
Price Range: $21.00-$23.00
Underwriter(s): FIG Partners, D.A. Davidson
Terms Added: 4-27-18

Link to Free-Writing Prospectus

Link to Retail Roadshow

Business: In their 14 years of operation, they have grown to 17 full service banking branches. Their main office is located in Walnut Creek, California and their branch offices are located in Oakland, Castro Valley, Mountain View, Napa, Stockton (2), Pleasanton, Livermore, San Jose, Long Beach, Sacramento, San Francisco and Glendale, California; Seattle, Washington (2); and Albuquerque, New Mexico. In addition, they have one loan production office in Los Angeles, California. In addition to their organic growth, they have completed five whole-bank acquisitions since 2010. As of December 31, 2017, they had, on a consolidated basis, total assets of $1.25 billion, total deposits of $1.10 billion, total loans of $890.1 million (net of allowances) and total shareholders’ equity of $118.6 million.

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