secwatch.observer — SEC 8-K summary
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Issuer:     Bank of Marin Bancorp (BMRC)
CIK:        0001403475
Form:       8-K
Filed at:   2024-11-27T23:59:59+00:00
Accession:  0001403475-24-000062
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of Marin presents at Raymond James conference; Q3 loan originations $28.2M, $4.2M buyback
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- Originated $28.2M in new loans and acquired $35.7M residential loan pool in Q3 2024.
- Total deposits up 3.0%; non-interest bearing deposits 44.5%; cost of deposits stable at 1.46%.
- Repurchased 220k shares for $4.2M in Q3; tangible book value per share rose to $22.46.
- Total risk-based capital 16.4%; available liquidity $1.9B covering 208% of estimated uninsured deposits.
- Non-accrual loans rose to 1.91% due to one $8.1M relationship; post-quarter $4.7M paydown reduced that by 53%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403475/000140347524000062/0001403475-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403475/000140347524000062/bmrc-20241127.htm
  HTML page:      https://secwatch.observer/filing/0001403475-24-000062

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