---
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"
generated_at: "2026-06-01T01:24:50.844900+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bank of Marin sells $293M in AFS securities, expects $0.46 EPS accretion over four quarters

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403475-24-000028
- JSON: https://secwatch.observer/filing/0001403475-24-000028.json
- Plain text: https://secwatch.observer/filing/0001403475-24-000028.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.