{"schema_version":"secwatch.filing_event.v1","accession":"0001403475-26-000025","form_type":"8-K","ticker":"BMRC","cik":"0001403475","company_name":"Bank of Marin Bancorp","filed_at":"2026-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.241181+00:00","generated_at":"2026-05-15T03:45:44.383135+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bank of Marin Q1 net income $8.5M, EPS $0.53; NIM expands 21 bps; credit improves","bullets":["Net income of $8.5M ($0.53 diluted EPS) vs net loss of $39.5M ($2.49 loss) in Q4 2025.","Tax-equivalent net interest margin rose 21 bps QoQ to 3.24%; March monthly NIM 3.26%.","Non-accrual loans dropped to 0.41% of total loans from 1.27%; classified loans to 0.85% from 1.51%.","Deposits increased 3.8% YoY; cost of deposits flat at 1.35%; non-interest-bearing deposits 35.9%.","Board declared $0.25/share quarterly dividend payable May 14 to shareholders of record May 7."],"urls":{"canonical":"https://secwatch.observer/filing/0001403475-26-000025","json":"https://secwatch.observer/filing/0001403475-26-000025.json","markdown":"https://secwatch.observer/filing/0001403475-26-000025.md","text":"https://secwatch.observer/filing/0001403475-26-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/0001403475-26-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/bmrc-20260423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T03:45:44.383135+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"03fe39b9705a2b08824ecb1775308a11056da092","claim":"Bank of Marin Bancorp reported first quarter, compared to prior quarter results: EPS diluted loss per share of $2.49 (diluted earnings per share of $0.59, non-GAAP) for the prior quarter.","evidence_excerpt":"Diluted income per share was $0.53 for the first quarter, compared to diluted loss per share of $2.49 (diluted earnings per share of $0.59, non-GAAP) for the prior quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/0001403475-26-000025-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter, compared to prior quarter"},{"label":"EPS","value":"diluted loss per share of $2.49 (diluted earnings per share of $0.59, non-GAAP) for the prior quarter"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"1c0742bb9907cd983687122d0c2c2c0d28136637","claim":"Bank of Marin Bancorp reported three months ended March 31, 2026 compared to year to date results: net income $8,510, EPS 0.53.","evidence_excerpt":"Net income (loss) (GAAP) 8,510 (39,541) (121.5) % 8,510 4,876 74.5 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/0001403475-26-000025-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2026 compared to year to date"},{"label":"Net income","value":"$8,510"},{"label":"EPS","value":"0.53"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"87fd4f0ae5d8e13aee3943c6fe280a805a4cb2a6","claim":"Bank of Marin Bancorp reported first quarter of 2026, compared to same period in prior year results: net income $4.9 million.","evidence_excerpt":"net income increased 75% year over year from $4.9 million for the same period in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/0001403475-26-000025-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2026, compared to same period in prior year"},{"label":"Net income","value":"$4.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a25f322f972ae362e1c7608f9b9307402466b201","claim":"Bank of Marin Bancorp reported first quarter of 2026, compared to the fourth quarter of 2025 results: net income $8.5 million, EPS $0.53.","evidence_excerpt":"Bank of Marin Bancorp, \"Bancorp\" (Nasdaq: BMRC), parent company of Bank of Marin, \"Bank,\" announced net income of $8.5 million for the first quarter of 2026, compared to a net loss of $39.5 million due to the impact of its balance sheet restructuring (net income of $9.4 million, non-GAAP) for the fourth quarter of 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/0001403475-26-000025-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2026, compared to the fourth quarter of 2025"},{"label":"Net income","value":"$8.5 million"},{"label":"EPS","value":"$0.53"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}