secwatch.observer — SEC 8-K summary
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Issuer:     Bank of Marin Bancorp (BMRC)
CIK:        0001403475
Form:       8-K
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001403475-26-000008
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of Marin Q4 new loans hit $106.5M, highest since 2015; NIM up 24 bps to 3.32%
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- Newly funded loans $106.5M in Q4 (highest since Q4 2015); loans increased 5.84% annualized.
- Completed repositioning: sold $593.2M HTM securities (pre-tax loss $69.5M); issued $45M sub debt at 6.75%.
- Tax-equivalent NIM increased 24 bps to 3.32% from 3.08% driven by securities repositioning.
- Deposits grew 3.90% annualized; cost of deposits fell 10 bps to 1.19%; non-interest bearing deposits 43.7%.
- Non-accrual loans dropped to 1.27% of total loans from 1.51%; classified loans fell to 1.51% from 2.36%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403475/000140347526000008/0001403475-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403475/000140347526000008/bmrc-20260203.htm
  HTML page:      https://secwatch.observer/filing/0001403475-26-000008

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