{"schema_version":"secwatch.filing_event.v1","accession":"0001403475-24-000034","form_type":"8-K","ticker":"BMRC","cik":"0001403475","company_name":"Bank of Marin Bancorp","filed_at":"2024-07-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.927309+00:00","generated_at":"2026-05-31T15:40:52.349643+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bank of Marin posts Q2 net loss of $21.9M on $32.5M restructuring charge; non-accrual loans jump to 1.62%","bullets":["Net loss $21.9M ($1.36 diluted loss) vs net income $2.9M in Q1; includes $32.5M pretax loss from securities sale restructuring.","Sold $325M of low-yield AFS securities (56% of portfolio); expects 30 bps NIM lift and $0.46 annualized EPS accretion from reinvestment at ~5.75%.","Provision for credit losses $5.2M (vs $350k prior); non-accrual loans rose to 1.62% of total loans from 0.31% due to one $16.7M CRE loan.","Loans grew $27.4M to $2.082B; deposits fell $70.3M to $3.214B. Dividend declared $0.25/share payable Aug 15.","Expense restructuring: eliminated positions, annualized cost savings ~$2.7M; severance costs $243k in Q2."],"urls":{"canonical":"https://secwatch.observer/filing/0001403475-24-000034","json":"https://secwatch.observer/filing/0001403475-24-000034.json","markdown":"https://secwatch.observer/filing/0001403475-24-000034.md","text":"https://secwatch.observer/filing/0001403475-24-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403475/000140347524000034/0001403475-24-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403475/000140347524000034/bmrc-20240725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:40:52.349643+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"}