---
schema_version: "secwatch.filing_event.v1"
accession: "0001403475-24-000050"
form_type: "8-K"
ticker: "BMRC"
cik: "0001403475"
company_name: "Bank of Marin Bancorp"
filed_at: "2024-10-28T23:59:59+00:00"
generated_at: "2026-05-30T09:37:45.770477+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Bank of Marin posts Q3 net income of $4.6M vs Q2 loss of $21.9M; NIM expands to 2.70%

## Summary
- Diluted EPS of $0.28, compared to $(1.36) in Q2 2024; YTD 2024 net loss of $14.4M vs income $19.3M in 2023.
- Tax-equivalent net interest margin rose 18 bps to 2.70%; no provision for credit losses on loans.
- Total deposits grew $95.5M to $3.309B; non-interest bearing deposits 44.5%; repurchased 220K shares for $4.2M.
- Classified loans decreased to 2.51% of total loans; accrued $615K for PAGA class action settlement.
- Declared $0.25/share dividend payable Nov 14, 2024, to holders of record Nov 7, 2024.

## SEC filing metadata
- accession: 0001403475-24-000050
- form_type: 8-K
- ticker: BMRC
- cik: 0001403475
- company_name: Bank of Marin Bancorp
- filed_at: 2024-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403475/000140347524000050/0001403475-24-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403475/000140347524000050/bmrc-20241024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403475-24-000050
- JSON: https://secwatch.observer/filing/0001403475-24-000050.json
- Plain text: https://secwatch.observer/filing/0001403475-24-000050.txt

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