 ST. PETERSBURG, Fla., July 26, 2021 GLOBE NEWSWIRE -- BayFirst Financial Corp. fka First Home Bancorp, Inc. OTCQX: FHBI BayFirst or the Company, parent company of First Home Bank First Home or the Bank reported record earnings for the second quarter of 2021, driven by higher net interest income from both the recognition of 14.73 million of Paycheck Protection Program PPP origination fees earned on PPP loans sold during the quarter, as well as higher interest income from non-PPP loans, and strong noninterest income led by residential loan fees. BayFirst reported net income for the second quarter of 2021 of 13.02 million, or 2.98 per diluted common share, compared to net income of 7.51 million, or 1.85 per diluted common share, in the first quarter of 2021, and 2.35 million, or 0.63 per diluted common share, in the second quarter of 2020. The second quarters earnings increased tangible book value to 21.14 per common share, from 13.19 in the second quarter a year ago. All per share data has been adjusted to reflect the 3-for-2 stock split effective May 10, 2021. 