secwatch.observer — SEC 8-K summary
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Issuer:     Bank of Marin Bancorp (BMRC)
CIK:        0001403475
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001403475-26-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403475/000140347526000012/0001403475-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403475/000140347526000012/bmrc-20260224.htm
  HTML page:      https://secwatch.observer/filing/0001403475-26-000012

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