---
schema_version: "secwatch.filing_event.v1"
accession: "0001403475-26-000012"
form_type: "8-K"
ticker: "BMRC"
cik: "0001403475"
company_name: "Bank of Marin Bancorp"
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:46:22.120068+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bank of Marin Q4 adjusted: loan growth, NIM up 21bp; HTM repositioning done

## Summary
- Newly funded loans $106.5M in Q4 (highest since Q4 2015); loans up 5.84% annualized.
- Tax-equivalent NIM improved to 3.18% from 2.97% prior quarter; December NIM 3.27%.
- Completed HTM repositioning: sold $593.2M (pre-tax loss $69.5M), redeployed at 4.26%.
- Non-accrual loans fell to 1.51% (from 1.57%); classified loans dropped to 2.36% (from 2.95%).
- Issued $45M subordinated debt at 6.75% to replenish capital; total RBC 16.13%.

## SEC filing metadata
- accession: 0001403475-26-000012
- form_type: 8-K
- ticker: BMRC
- cik: 0001403475
- company_name: Bank of Marin Bancorp
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1403475/000140347526000012/0001403475-26-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1403475/000140347526000012/bmrc-20260224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001403475-26-000012
- JSON: https://secwatch.observer/filing/0001403475-26-000012.json
- Plain text: https://secwatch.observer/filing/0001403475-26-000012.txt

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