secwatch.observer — SEC 8-K summary
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Issuer:     Bank of Marin Bancorp (BMRC)
CIK:        0001403475
Form:       8-K
Filed at:   2026-03-10T23:59:59+00:00
Accession:  0001403475-26-000015
Event type: other_material
Sentiment:  positive
Materiality: 0.45
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of Marin presents Q4 adjusted metrics; loan growth and credit improvement highlighted
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- Q4 adjusted tax-equivalent NIM improved to 3.18% (3.27% in Dec) from 2.97% prior quarter.
- New funded loans $106.5M in Q4, highest since Q4 2015; loan growth 5.84% annualized.
- Non-accrual loans decreased to 1.51% of total loans; classified loans down to 2.36%.
- Completed HTM repositioning: sold $593.2M (pretax loss $69.5M); issued $45M sub debt at 6.75%.
- Total risk-based capital 16.13%; deposits increased 3.90% annualized; cost of deposits 1.35%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403475/000140347526000015/0001403475-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403475/000140347526000015/bmrc-20260310.htm
  HTML page:      https://secwatch.observer/filing/0001403475-26-000015

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