secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bank of Marin Bancorp (BMRC)
CIK:        0001403475
Form:       8-K
Filed at:   2025-09-16T23:59:59+00:00
Accession:  0001403475-25-000065
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of Marin posts Q2 net loss $8.5M, adj EPS $0.29; NIM expands to 2.93%
--------------------------------------------------------------------------

- Net loss of $8.5M ($0.53 diluted EPS); adjusted EPS of $0.29 excluding $18.7M pre-tax loss on securities sale.
- Tax-equivalent NIM rose to 2.93% from 2.86%; total deposits fell $56.9M with non-interest bearing at 42.5%.
- Sold $185.8M AFS securities for $18.7M pre-tax loss; redeployment expected to add 13bp to NIM and $0.20 EPS over 4 quarters.
- Total risk-based capital 16.25%, TCE/TA 10.0%; repurchased $2.2M in shares during Q2.
- Non-accrual loans improved to 1.57% of loans; classified loans increased to 2.95% due to $3.9M CRE downgrades.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403475/000140347525000065/0001403475-25-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403475/000140347525000065/bmrc-20250916.htm
  HTML page:      https://secwatch.observer/filing/0001403475-25-000065

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