Bank of Marin completes acquisition of American River Bankshares for ~$125M

Bank of Marin Bancorp

AMRB merger closed Aug. 6, 2021; each AMRB share converted to 0.575 BMRC share.
Total consideration ~$125M including cash for AMRB options; BMRC to issue ~3.4M shares.
Pro forma combined assets ~$4.0B, loans $2.2B, deposits $3.5B as of June 30, 2021.
Two new directors added: Charles Fite and Nicolas Anderson; board now 14 directors.

item 2.01 item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Nicolas Anderson

Director

BMRC · Bank of Marin Bancorp

Effective: 2021-08-09
Filed: August 9, 2021, 7:59 PM ET

The two new directors are Charles D. Fite, and Nicolas Anderson.

Appointed

Charles D. Fite

Director

BMRC · Bank of Marin Bancorp

Effective: 2021-08-09
Filed: August 9, 2021, 7:59 PM ET

On August 9, 2021 Bancorp announced that two new directors were added to the Boards of Directors of BMRC and the Bank, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Nicolas Anderson was appointed as Director at Bank of Marin Bancorp.

Action: appointed
Role: Director

Exact text from the filing

The two new directors are Charles D. Fite, and Nicolas Anderson.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles D. Fite was appointed as Director at Bank of Marin Bancorp.

Action: appointed
Role: Director

Exact text from the filing

On August 9, 2021 Bancorp announced that two new directors were added to the Boards of Directors of BMRC and the Bank, effective immediately.

View on SEC.gov

Bank of Marin Bancorp filing history →

Source: SEC EDGAR

accession 0001403475-21-000088

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