{"schema_version":"secwatch.filing_event.v1","accession":"0001403475-24-000016","form_type":"8-K","ticker":"BMRC","cik":"0001403475","company_name":"Bank of Marin Bancorp","filed_at":"2024-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.263240+00:00","generated_at":"2026-06-03T05:28:13.732996+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Bank of Marin Q1 EPS $0.18 vs $0.04 prior quarter; net interest margin stabilizes at 2.50%","bullets":["Net income $2.9M ($0.18 diluted EPS) vs $0.6M ($0.04) prior quarter and $9.4M ($0.59) year ago.","Net interest margin (tax-equivalent) 2.50%, down slightly from 2.53% prior quarter; average cost of deposits up 23 bps to 1.38%.","Non-accrual loans declined to 0.31% of loans from 0.39%; classified loans increased to 2.67% from 1.56%.","Total borrowings reduced to zero from $26M; non-interest bearing deposits improved to 44.0% of total deposits.","Board declared $0.25/share dividend payable May 16, 2024 to holders of record May 9, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001403475-24-000016","json":"https://secwatch.observer/filing/0001403475-24-000016.json","markdown":"https://secwatch.observer/filing/0001403475-24-000016.md","text":"https://secwatch.observer/filing/0001403475-24-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403475/000140347524000016/0001403475-24-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403475/000140347524000016/bmrc-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T05:28:13.732996+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":"a76df1b736c41214ffed94e09b701e5e43accadb","claim":"Bank of Marin Bancorp reported the first quarter of 2024 results: net income earnings of $2.9 million, EPS Diluted earnings per share were $0.18 for the first quarter.","evidence_excerpt":"Bank of Marin Bancorp, \"Bancorp\" (Nasdaq: BMRC), parent company of Bank of Marin, \"Bank,\" announced earnings of $2.9 million for the first quarter of 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1403475/000140347524000016/0001403475-24-000016-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Net income","value":"earnings of $2.9 million"},{"label":"EPS","value":"Diluted earnings per share were $0.18 for the first quarter"},{"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"}