{"schema_version":"secwatch.filing_event.v1","accession":"0001403475-23-000005","form_type":"8-K","ticker":"BMRC","cik":"0001403475","company_name":"Bank of Marin Bancorp","filed_at":"2023-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.776087+00:00","generated_at":"2026-06-20T11:36:57.779853+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Bank of Marin Bancorp reports record Q4 earnings of $12.9M; plans four branch closures","bullets":["Q4 2022 net income $12.9M ($0.81 diluted EPS) vs $12.2M ($0.76) in Q3 2022.","Full-year 2022 net income $46.6M ($2.92 diluted EPS); non-GAAP $2.96.","Deposits declined $329M to $3.573B; loans fell to $2.093B due to elevated payoffs.","Credit quality improved: non-accrual loans dropped 77% to 0.12% of total loans.","Four branches to close in March 2023; pre-tax savings of ~$470K in 2023, $1.4M annually thereafter."],"urls":{"canonical":"https://secwatch.observer/filing/0001403475-23-000005","json":"https://secwatch.observer/filing/0001403475-23-000005.json","markdown":"https://secwatch.observer/filing/0001403475-23-000005.md","text":"https://secwatch.observer/filing/0001403475-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403475/000140347523000005/0001403475-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403475/000140347523000005/brmc-20230123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T11:36:57.779853+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"077083f20d5b37e26c0efa98362f063be747a06d","claim":"Bank of Marin Bancorp reported the year ended December 31, 2022 results: net income $46.6 million, EPS $2.92.","evidence_excerpt":"Annual earnings were $46.6 million in 2022, compared to $33.2 million in 2021. Diluted earnings per share were $2.92 for the year ended December 31, 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1403475/000140347523000005/0001403475-23-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Net income","value":"$46.6 million"},{"label":"EPS","value":"$2.92"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"dc8968334e0989e760c166bf538c0170a78616d0","claim":"Bank of Marin Bancorp reported the fourth quarter of 2022 results: net income $12.9 million, EPS $0.81.","evidence_excerpt":"announced earnings of $12.9 million in the fourth quarter of 2022, compared to $12.2 million in the third quarter of 2022. Diluted earnings per share were $0.81 in the fourth quarter of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1403475/000140347523000005/0001403475-23-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2022"},{"label":"Net income","value":"$12.9 million"},{"label":"EPS","value":"$0.81"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}