Bank of Marin Bancorp

Listed Company

BMRCCIK 0001403475NasdaqAcceleratedState Commercial BanksCaliforniaFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$-35.67M

Total Assets

$3.90B

Equity

$394.70M

Shares Out

16.19M

Op. Cash Flow

$39.08M

BMRC$28.94+13.98% · past yearDBEQ Basic

Daily closing prices

Business

Bank of Marin Bancorp is a California-based bank holding company whose subsidiary, Bank of Marin, provides retail and commercial banking services to customers in Northern California. The Bank offers commercial real estate loans, commercial and industrial loans, construction financing, consumer loans, and home equity lines of credit, along with deposit products, payment solutions, treasury management, wealth management and trust services. Operating through 27 retail branches and 8 commercial banking offices across Northern California, the Bank focuses on small to medium-sized businesses, not-for-profit organizations, and personal banking customers in its local markets.

Summary from 10-K filed 2026-03-13

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Interest and fees on loans	104	101	99	94	92
Interest on investment securities	38	33	39	35	16
Interest on federal funds sold and due from banks	10	7	2	1	399,000
Total interest income	152	141	139	130	108
Interest on interest-bearing transaction accounts	5	4	3	421,000	172,000
Interest on savings accounts	2	2	867,000	125,000	94,000
Interest on money market accounts	32	34	19	2	2
Interest on time accounts	6	9	5	323,000	246,000
Interest on borrowings and other obligations	9,000	241,000	12	—	—
Interest on subordinated notes	368,000	0	0	—	1
Total interest expense	46	50	39	3	—
Net interest income	106	92	100	127	105
Provision for credit losses on loans	375,000	6	3	−63,000	−1
Provision for (reversal of) credit losses on unfunded loan commitments	185,000	−233,000	−342,000	−318,000	—
Net interest income after provision for (reversal of) for credit losses	105	86	98	128	107
Earnings on bank-owned life insurance, net	2	2	1	—	—
Dividends on Federal Home Loan Bank stock	1	1	1	1	760,000
Earnings on bank-owned life insurance death benefits	306,000	0	314,000	—	—
Net losses on sale of investment securities	−88	−33	−6	−63,000	−16,000
Other income	2	1	1	2	1
Total non-interest income	−77	−21	5	11	10
Salaries and employee benefits	47	45	43	42	42
Occupancy and equipment	9	8	8	8	7
Data processing	4	4	4	5	5
Professional services	4	5	4	3	5
Information technology	2	2	2	2	2
Federal Deposit Insurance Corporation insurance	2	2	2	1	889,000
Depreciation and amortization	1	1	2	2	2
Directors' expense	1	1	1	1	957,000
Amortization of core deposit intangible	875,000	975,000	1	1	1
Charitable contributions	657,000	677,000	717,000	709,000	587,000
Deposit network fees	476,000	448,000	374,000	258,000	26,000
Other real estate owned	0	0	48,000	359,000	5,000
Other expense	8	8	8	8	6
Total non-interest expense	81	79	77	75	73
(Loss) income before provision for income taxes	−52	−14	26	64	45
(Benefit from) provision for income taxes	−17	−5	6	17	12
Net (loss) income	−36	−8	20	47	33
Basic (in dollars per share)	−2.24	−0.52	1.24	2.93	2.32
Diluted (in dollars per share)	−2.24	−0.52	1.24	2.92	2.3
Basic (in shares)	16	16	16	16	14
Diluted (in shares)	16	16	16	16	14
Change in net unrealized losses on available-for-sale securities	10	−3	20	−89	−21
Reclassification adjustment for losses on available-for-sale securities included in net income	88	33	9	63,000	16,000
Reclassification adjustment for gains or losses for fair value hedges	0	1	−1	0	0
Net unrealized losses on securities transferred from held-to-maturity to available-for-sale	−93	0	0	—	—
Amortization of net unrealized loss on AFS securities transferred to HTM	11	2	2	2	493,000
Other comprehensive income, before tax	17	33	29	−102	−21
Deferred tax expense	5	10	9	−30	−6
Other comprehensive income, net of tax	12	23	21	−72	−15
Total comprehensive (loss) income	−24	15	41	−25	19

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2025 2025-09-30	FY 2025 2025-06-30	FY 2025 2025-03-31	FY 2024 2024-12-31
Cash, cash equivalents and restricted cash	225	—	—	—	137
Held-to-maturity, at amortized cost (net of zero allowance for credit losses at December 31, 2025 and 2024)	0	—	—	—	879
Available-for-sale, at fair value (net of zero allowance for credit losses at December 31, 2025 and 2024)	1,328	—	—	—	388
Total investment securities	1,328	—	—	—	1,267
Loans, at amortized cost	2,121	—	—	—	2,083
Allowance for credit losses on loans	−30	—	—	—	−31
Loans, net of allowance for credit losses on loans	2,091	—	—	—	2,053
Goodwill	73	—	—	—	73
Bank-owned life insurance	71	—	—	—	71
Operating lease right-of-use assets	22	—	—	—	19
Bank premises and equipment, net	8	—	—	—	7
Core deposit intangible, net	2	—	—	—	3
Interest receivable and other assets	84	—	—	—	72
Total assets	3,905	—	—	—	3,701
Non-interest bearing	1,254	1,245	1,219	1,278	1,275
Transaction accounts	417	398	342	333	323
Savings accounts	232	225	221	228	226
Money market accounts	1,306	1,298	1,246	1,247	1,154
Time accounts	206	217	218	216	242
Total deposits	3,416	3,383	3,245	3,302	3,220
Borrowings and other obligations	709,000	—	—	—	154,000
Subordinated notes, net of issuance costs	44	—	—	—	0
Operating lease liabilities	25	—	—	—	22
Interest payable and other liabilities	25	—	—	—	24
Total liabilities	3,510	—	—	—	3,266
Commitments and contingent liabilities (Note 12 and 17)	—	—	—	—	—
Preferred stock, no par value, Authorized - 5,000,000 shares, none issued	0	—	—	—	0
Common stock, no par value, Authorized - 30,000,000 shares; Issued and outstanding - 16,102,687 and 16,089,454 at December 31, 2025 and 2024, respectively	215	—	—	—	216
Retained earnings	198	—	—	—	250
Accumulated other comprehensive loss, net of tax	−18	—	—	—	−30
Total stockholders' equity	395	—	—	—	435
Total liabilities and stockholders' equity	3,905	—	—	—	3,701

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Provision for (reversal of) credit losses on unfunded loan commitments	185,000	−233,000	−342,000	−318,000	—
Noncash contribution expense to employee stock ownership plan	1	1	1	1	1
Noncash director compensation expense	469,000	513,000	398,000	355,000	217,000
Stock-based compensation expense	815,000	630,000	522,000	963,000	972,000
Amortization of investment security premiums, net of accretion of discounts	734,000	3	7	9	6
(Accretion of discounts) amortization of premiums on acquired loans, net	−134,000	−236,000	−573,000	153,000	−571,000
Accretion of discount on subordinated notes	22,000	0	0	0	1
Issuance costs offset to subordinated notes	−1	0	0	—	—
Net change in deferred loan origination costs/fees	302,000	120,000	−836,000	−3	−3
Write-down of other real estate owned	0	0	40,000	345,000	0
Net losses on sale of investment securities	88	33	6	63,000	16,000
Loss on disposal of premises and equipment	9,000	0	0	—	—
Earnings on bank-owned life insurance policies	−2	−2	−1	—	—
Net changes in interest receivable and other assets	−17	−7	−4	2	6
Net changes in interest payable and other liabilities	588,000	172,000	2	−5	2
Total adjustments	75	37	16	9	12
Net cash provided by operating activities	39	28	36	55	45
Proceeds from sale of premises and equipment	0	21,000	0	0	—
Purchase of available-for-sale securities	−1,069	−164	0	−243	−620
Proceeds from sale of available-for-sale securities	167	293	206	—	—
Proceeds from sale of available-for-sale securities transferred from held-to-maturity	524	0	0	—	—
Proceeds from paydowns/maturities of held-to-maturity securities	82	47	47	47	72
Proceeds from paydowns/maturities of available-for-sale securities	162	31	59	130	110
Proceeds from sale of Visa Inc. Class B restricted common stock	0	0	3	0	—
(Increase) decrease in loans receivable, net	−38	26	17	164	257
Purchased loans	−226,000	−36	0	0	—
Proceeds from sale of loan	0	0	3	0	0
Purchase of bank-owned life insurance policies	0	−1	0	−5	−2
Proceeds from bank-owned life insurance policies	2	0	766,000	350,000	2
Purchase of premises and equipment	−2	−520,000	−2	−2	−1
Proceeds from sale of other real estate owned	0	0	420,000	0	0
Cash paid for low income housing tax credit investment	−10,000	−5,000	−42,000	−30,000	−398,000
Net cash provided by (used in) investing activities	−172	195	335	−218	−341
Net increase (decrease) in deposits	196	−70	−283	−235	514
Repayment of proceeds from short-term borrowings, net	0	−26	−86	112	−14
Repayment of finance lease obligations	−126,000	−152,000	−148,000	−131,000	−86,000
Proceeds from issuance of subordinated notes	45	0	0	—	—
Proceeds from stock options exercised	0	0	230,000	821,000	463,000
Restricted stock surrendered for tax withholdings upon vesting	−103,000	−64,000	−70,000	−40,000	−166,000
Cash dividends paid on common stock	−16	−16	−16	−16	−13
Stock repurchased, including commissions	−3	−4	0	−1	−41
Proceeds from stock issued under employee and director stock purchase plans	35,000	38,000	46,000	78,000	124,000
Net cash (used in) provided by financing activities	221	−117	−385	−139	443
Net (decrease) increase in cash, cash equivalents and restricted cash	88	107	−15	−302	147
Interest paid on deposits and borrowings	43	46	34	3	2
Income taxes paid, net of refunds	429,000	2	8	14	12
Transfer of loan to loans held-for-sale	0	0	3	0	0

Filings

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Frequently asked questions

What is Bank of Marin Bancorp's CIK number?

Bank of Marin Bancorp's SEC CIK number is 0001403475 (1403475). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Bank of Marin Bancorp's SEC filings?

All of Bank of Marin Bancorp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Bank of Marin Bancorp last report earnings?

Bank of Marin Bancorp (BMRC) most recently filed an earnings 8-K with the SEC on Apr 27, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001403475-26-000025). This is Bank of Marin Bancorp's most recent earnings filing of record — not a forecast of its next earnings date.

What is Bank of Marin Bancorp's most recent earnings 8-K?

Bank of Marin Bancorp's latest earnings 8-K (Item 2.02) was filed Apr 27, 2026 under accession 0001403475-26-000025. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Bank of Marin Bancorp's latest earnings 8-K →
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