secwatch.observer — SEC 8-K summary
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Issuer:     Bank of Marin Bancorp (BMRC)
CIK:        0001403475
Form:       8-K
Filed at:   2025-07-28T23:59:59+00:00
Accession:  0001403475-25-000054
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of Marin Q2 2025 net loss $8.5M, diluted EPS -$0.53; adjusted EPS $0.29
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- Q2 2025 net loss $8.5M, diluted EPS -$0.53; adjusted EPS $0.29 (29.56% tax rate) and $0.36 (23.78% rate), both non-GAAP.
- Sold $185.8M AFS securities for pre-tax loss $18.7M; proceeds redeployed with expected 13bp NIM increase and $0.20 EPS accretion over 4 quarters.
- Tax-equivalent NIM rose to 2.93% from 2.86% QoQ; total cost of deposits down 1bp to 1.28%.
- Total risk-based capital 16.25%; TCE/TA 10.0%; repurchased 100K shares for $2.2M at avg $21.72.
- Non-accrual loans 1.57% of total loans (down 2bps QoQ); classified loans up to 2.95% due to $3.9M in two CRE relationships.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403475/000140347525000054/0001403475-25-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403475/000140347525000054/bmrc-20250728.htm
  HTML page:      https://secwatch.observer/filing/0001403475-25-000054

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