{"schema_version":"secwatch.filing_event.v1","accession":"0001403475-24-000036","form_type":"8-K","ticker":"BMRC","cik":"0001403475","company_name":"Bank of Marin Bancorp","filed_at":"2024-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.927583+00:00","generated_at":"2026-05-31T15:09:39.408198+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bank of Marin sells $325M AFS securities; non-accrual loans surge to 1.62% in Q2 2024","bullets":["Sold $325M AFS securities (yield 1.94%); $293M proceeds expected to lift annualized NIM by 30 bps in Q3.","Non-accrual loans jumped to 1.62% of loans (from 0.31%) due to two relationships totaling $27.2M.","Provision for credit losses of $5.2M, primarily from increased individual reserve on one non-accrual loan.","Total risk-based capital at 16.5%, TCE ratio 9.9% (7.7% adjusted for HTM securities).","Total deposits down 2.1%, but non-interest bearing deposits at 44% and cost of deposits 1.45%."],"urls":{"canonical":"https://secwatch.observer/filing/0001403475-24-000036","json":"https://secwatch.observer/filing/0001403475-24-000036.json","markdown":"https://secwatch.observer/filing/0001403475-24-000036.md","text":"https://secwatch.observer/filing/0001403475-24-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403475/000140347524000036/0001403475-24-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403475/000140347524000036/bmrc-20240730.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:09:39.408198+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"}