---
schema_version: "secwatch.filing_event.v1"
accession: "0001403475-24-000055"
form_type: "8-K"
ticker: "BMRC"
cik: "0001403475"
company_name: "Bank of Marin Bancorp"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:41:37.603520+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bank of Marin highlights Q3 results: NIM 2.70%, BVPS $27.17, $4.2M buyback

## Summary
- Q3 tax-equivalent NIM increased to 2.70% from 2.52% due to Q2 restructure; deposit cost stable at 1.46% and trending down.
- Originated $28.2M loans, acquired $35.7M residential mortgage pool; purchased $114.5M AFS securities from repositioning.
- Book value per share rose to $27.17; stock repurchased 220k shares for $4.2M in Q3.
- Non-accrual loans increased to 1.91% from 1.62% primarily due to one $8.1M relationship; no actual loss expected.
- Capital strong: total RBC 16.4%, TCE/TA 9.7%; uninsured deposits estimated 28% with 208% liquidity coverage.

## SEC filing metadata
- accession: 0001403475-24-000055
- form_type: 8-K
- ticker: BMRC
- cik: 0001403475
- company_name: Bank of Marin Bancorp
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403475/000140347524000055/0001403475-24-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403475/000140347524000055/bmrc-20241115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403475-24-000055
- JSON: https://secwatch.observer/filing/0001403475-24-000055.json
- Plain text: https://secwatch.observer/filing/0001403475-24-000055.txt

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