---
schema_version: "secwatch.filing_event.v1"
accession: "0001403475-26-000006"
form_type: "8-K"
ticker: "BMRC"
cik: "0001403475"
company_name: "Bank of Marin Bancorp"
filed_at: "2026-01-26T23:59:59+00:00"
generated_at: "2026-05-16T07:52:26.335257+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bank of Marin Q4 GAAP loss $2.49/sh; non-GAAP EPS $0.59; securities repositioning done

## Summary
- GAAP net loss $39.5M ($2.49 diluted loss); non-GAAP net income $9.4M ($0.59 diluted EPS), up 25% QoQ.
- Completed repositioning of $593.2M HTM securities; pre-tax loss $69.5M; proceeds redeployed at 4.26%.
- New loan fundings $106.5M (highest since Q4 2015); loans grew 5.84% annualized.
- NIM expanded 24 bps to 3.32% (tax-equivalent); cost of deposits fell 10 bps to 1.19%.
- Dividend declared $0.25/share payable Feb 12, 2026; issued $45M sub debt at 6.75% to replenish capital.

## SEC filing metadata
- accession: 0001403475-26-000006
- form_type: 8-K
- ticker: BMRC
- cik: 0001403475
- company_name: Bank of Marin Bancorp
- filed_at: 2026-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403475/000140347526000006/0001403475-26-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403475/000140347526000006/brmc-20260122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403475-26-000006
- JSON: https://secwatch.observer/filing/0001403475-26-000006.json
- Plain text: https://secwatch.observer/filing/0001403475-26-000006.txt

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