secwatch.observer — SEC 8-K summary
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Issuer:     Bank of Marin Bancorp (BMRC)
CIK:        0001403475
Form:       8-K
Filed at:   2025-12-03T23:59:59+00:00
Accession:  0001403475-25-000079
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BMRC Q3 2025 net income $7.5M, EPS $0.47; NIM expands to 3.08%
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- Q3 2025 net income $7.5M ($0.47 diluted EPS); pre-tax pre-provision income up 28% sequentially.
- Tax-equivalent NIM improved to 3.08% from 2.93% in Q2; asset yield increased 17bp to 4.27%.
- Classified loans fell to 2.36% of portfolio (from 2.95%); non-accrual loans at 1.51% (from 1.57%).
- Deposits grew $137.5M; non-interest bearing deposits 43.1%; cost of deposits stable at 1.29%.
- Repurchased 50,000 shares at $22.33 (below TBV) for $1.1M; total RBC 16.13%, TCE/TA 9.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403475/000140347525000079/0001403475-25-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403475/000140347525000079/bmrc-20251203.htm
  HTML page:      https://secwatch.observer/filing/0001403475-25-000079

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