---
schema_version: "secwatch.filing_event.v1"
accession: "0001403475-25-000009"
form_type: "8-K"
ticker: "BMRC"
cik: "0001403475"
company_name: "Bank of Marin Bancorp"
filed_at: "2025-01-27T23:59:59+00:00"
generated_at: "2026-05-27T09:08:34.902439+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Bank of Marin Q4 2024 EPS rises 35.7% to $0.38; NIM expands to 2.80%; credit quality improves

## Summary
- Q4 2024 net income $6.0M ($0.38 diluted EPS) vs $4.6M ($0.28) in Q3; EPS up 35.7% QoQ.
- Tax-equivalent net interest margin improved to 2.80% from 2.70%; average cost of interest-bearing deposits down 19 bps.
- Non-accrual loans fell to 1.63% of total loans (from 1.91%), classified loans to 2.17% (from 2.51%); no provision for credit losses.
- Full-year 2024 net loss of $8.4M due to balance sheet restructuring; Q4 performance improved; capital ratios strengthened (TCE/TA 9.9%).
- Quarterly dividend $0.25 per share declared; payable Feb 13, 2025; 79th consecutive quarterly dividend.

## SEC filing metadata
- accession: 0001403475-25-000009
- form_type: 8-K
- ticker: BMRC
- cik: 0001403475
- company_name: Bank of Marin Bancorp
- filed_at: 2025-01-27T23:59:59+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/1403475/000140347525000009/0001403475-25-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403475/000140347525000009/brmc-20250123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403475-25-000009
- JSON: https://secwatch.observer/filing/0001403475-25-000009.json
- Plain text: https://secwatch.observer/filing/0001403475-25-000009.txt

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