secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bank of Marin Bancorp (BMRC)
CIK:        0001403475
Form:       8-K
Filed at:   2026-04-27T23:59:59+00:00
Accession:  0001403475-26-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank of Marin Q1 net income $8.5M, EPS $0.53; NIM expands 21 bps; credit improves
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/0001403475-26-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403475/000140347526000025/bmrc-20260423.htm
  HTML page:      https://secwatch.observer/filing/0001403475-26-000025

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