---
schema_version: "secwatch.filing_event.v1"
accession: "0001403475-24-000060"
form_type: "8-K/A"
ticker: "BMRC"
cik: "0001403475"
company_name: "Bank of Marin Bancorp"
filed_at: "2024-11-19T23:59:59+00:00"
generated_at: "2026-05-29T22:26:57.292919+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bank of Marin receives $4.7M paydown on non-accrual loan, cutting relationship by 53%

## Summary
- Post-quarter-end paydown of $4.7M on an unsecured non-accrual loan reduces the related relationship balance by 53%.
- Non-accrual loans were 1.91% of total loans at Q3 end, up from 1.62% prior quarter partly due to this $8.1M relationship.
- Classified loans decreased to 2.51% of total loans from 2.63% in prior quarter, aided by the payoff.
- No provision for credit losses was recorded in Q3 2024; credit quality metrics show improvement after the paydown.
- Total risk-based capital remains strong at 16.4%; tangible common equity ratio at 9.7%.

## SEC filing metadata
- accession: 0001403475-24-000060
- form_type: 8-K/A
- ticker: BMRC
- cik: 0001403475
- company_name: Bank of Marin Bancorp
- filed_at: 2024-11-19T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403475/000140347524000060/0001403475-24-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403475/000140347524000060/bmrc-20241115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403475-24-000060
- JSON: https://secwatch.observer/filing/0001403475-24-000060.json
- Plain text: https://secwatch.observer/filing/0001403475-24-000060.txt

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