secwatch.observer — SEC 8-K summary
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Issuer:     Bank of Marin Bancorp (BMRC)
CIK:        0001403475
Form:       8-K
Filed at:   2026-01-26T23:59:59+00:00
Accession:  0001403475-26-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403475/000140347526000006/0001403475-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403475/000140347526000006/brmc-20260122.htm
  HTML page:      https://secwatch.observer/filing/0001403475-26-000006

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