{"schema_version":"secwatch.filing_event.v1","accession":"0001403475-24-000028","form_type":"8-K","ticker":"BMRC","cik":"0001403475","company_name":"Bank of Marin Bancorp","filed_at":"2024-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.264639+00:00","generated_at":"2026-06-01T01:24:50.844900+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bank of Marin sells $293M in AFS securities, expects $0.46 EPS accretion over four quarters","bullets":["Sold $293M (56% of AFS portfolio) avg yield 1.94%; estimated after-tax loss ~$23M in Q2 2024.","Assuming 5.75% reinvestment yield, expects ~30 bps annualized NIM improvement in Q3 and $0.46 EPS accretion over next four quarters.","Proceeds redeployed into higher-yielding loans and short-duration securities; 3-year capital earn back.","CEO Tim Myers says robust capital enables proactive repositioning to improve future earnings and net interest margin."],"urls":{"canonical":"https://secwatch.observer/filing/0001403475-24-000028","json":"https://secwatch.observer/filing/0001403475-24-000028.json","markdown":"https://secwatch.observer/filing/0001403475-24-000028.md","text":"https://secwatch.observer/filing/0001403475-24-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403475/000140347524000028/0001403475-24-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403475/000140347524000028/bmrc-20240620.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T01:24:50.844900+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}