secwatch.observer — SEC 8-K summary
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Issuer:     Bank of Marin Bancorp (BMRC)
CIK:        0001403475
Form:       8-K
Filed at:   2024-12-03T23:59:59+00:00
Accession:  0001403475-24-000064
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of Marin presents Q3 2024 highlights at Stephens Investor Day
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- Q3 net interest margin improved to 2.70% from 2.52% after balance sheet restructuring.
- Total risk-based capital 16.4%; tangible common equity / tangible assets 9.7%.
- Book value per share $27.17; tangible book value $22.46; repurchased 220K shares for $4.2M.
- Non-accrual loans rose to 1.91% of total loans due to $8.1M relationship; no loss anticipated.
- Deposits increased 3.0%; non-interest bearing deposits at 44.5%; uninsured deposits estimated at 28%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403475/000140347524000064/0001403475-24-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403475/000140347524000064/bmrc-20241203.htm
  HTML page:      https://secwatch.observer/filing/0001403475-24-000064

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer