secwatch / observer

Bank of Marin Bancorp — fact timeline

Source-grounded facts extracted from Bank of Marin Bancorp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

BMRC Bank of Marin Bancorp JSON
Shareholder Votes

Bank of Marin Bancorp shareholders approved Ratification of selection of Baker Tilly US as independent auditor for 2026 at the 2026-05-27 meeting.

“3. To ratify the selection of Baker Tilly US, independent auditor, to perform audit services for the year 2026. For Against Abstain Non-Vote 12,980,394 80,959 61,336 0”
Shareholder Votes

Bank of Marin Bancorp shareholders approved Advisory vote to approve executive compensation for Named Executive Officers at the 2026-05-27 meeting.

“2. To vote, on an advisory basis, to approve executive compensation for Named Executive Officers. For Against Abstain Non-Vote 10,370,963 339,574 479,866 1,932,287”
Shareholder Votes

Bank of Marin Bancorp shareholders approved Election of ten members of the Board of Directors at the 2026-05-27 meeting.

“1. To elect ten members of the Board of Directors to serve until the next Annual Meeting of Shareholders or until their successors are duly elected and qualified. Number of Votes For Withheld Non-Vote Nicolas C. Anderson 10,405,859 784,544 1,932,287 Russell A. Colombo 7,509,925 3,680,478 1,932,287 Charles D. Fite 10,810,421 379,982 1,932,287 Cigdem F. Gencer 10,818,514 371,888 1,932,287 James C. Hale 10,912,128 278,274 1,932,287 Kevin R. Kennedy 10,974,404 215,998 1,932,287 Timothy D. Myers 10,691,557 498,846 1,932,287 Joel Sklar, MD 10,985,406 204,997 1,932,287 Brian M. Sobel 10,859,501 330,902 1,932,287 Secil T. Watson 10,256,810 933,593 1,932,287”
Earnings Releases

Bank of Marin Bancorp reported first quarter of 2026, compared to same period in prior year results: net income $4.9 million.

“net income increased 75% year over year from $4.9 million for the same period in the prior year.”
Earnings Releases

Bank of Marin Bancorp reported three months ended March 31, 2026 compared to year to date results: net income $8,510, EPS 0.53.

“Net income (loss) (GAAP) 8,510 (39,541) (121.5) % 8,510 4,876 74.5 %”
Earnings Releases

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.

“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.”
Earnings Releases

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.

“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.”
Auditor Changes

Bank of Marin Bancorp reported that prior financial statements should not be relied upon.

“(a) Restatement of Historical Financial Results On February 23, 2026, the Board of Directors (the “Board”) of Bank of Marin Bancorp (the “Company”), based on the recommendation of, and after consultation with, the Board’s Audit Committee, the Company’s management and the Company’s independent registered public accounting firm, Baker Tilly, concluded that the Company’s previously issued audited consolidated financial statements as of and for the years ended December 31, 2024 and 2023 and the unaudited financial statements as of and for the interim periods ended September 30, 2025, June 30, 2025, March 31, 2025, September 30, 2024, June 30, 2024, and March 31, 2024 (the “Affected Periods”) included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and the Company’s Quarterly Reports on Form 10-Q for each of the applicable interim periods (the financial statem”
Debt Financings

Bank of Marin Bancorp incurred senior notes of $45 million at 6.750% per annum maturing December 1, 2035.

“the Company issued and sold $45 million in aggregate principal amount of its 6.750% Fixed-to-Floating Rate Subordinated Notes due 2035 (the “Notes”)”
Auditor Changes

Bank of Marin Bancorp engaged Baker Tilly US, LLP as its auditor.

“the Audit Committee of the Company’s Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm”
Auditor Changes

Moss Adams LLP resigned as auditor of Bank of Marin Bancorp.

“☐ Section 4 - Matters Related to Accountants and Financial Statements Item 4.01 Changes in Registrant's Certifying Accountant On June 3, 2025, Bank of Marin Bancorp, (the "Company") was notified that Moss Adams LLP ("Moss Adams"), the Company's independent registered public accounting firm, merged with Baker Tilly US, LLP effective on June 3, 2025.”

Sanjiv Sanghvi departed as Director at Bank of Marin Bancorp.

“Directors, Mr. William McDevitt and Mr. Sanjiv Sanghvi notified the Company on February 19, 2025, that each will serve out their current term for Director until the Company's 2025 Annual Meeting of Shareholders, but will not stand for re-election at such meeting.”

William McDevitt departed as Director at Bank of Marin Bancorp.

“Directors, Mr. William McDevitt and Mr. Sanjiv Sanghvi notified the Company on February 19, 2025, that each will serve out their current term for Director until the Company's 2025 Annual Meeting of Shareholders, but will not stand for re-election at such meeting.”

Dave Bonaccorso was appointed as Chief Financial Officer at Bank of Marin Bancorp.

“Dave Bonaccorso assumed the Executive Vice President, Chief Financial Officer and Principal Accounting Officer position on January 2, 2025.”

Nicolette Sloan was terminated as Executive Vice President and Head of Growth & Strategy at Bank of Marin Bancorp.

“On July 19, 2024, Registrant’s wholly owned subsidiary, Bank of Marin (“Bank”) terminated the employment of Nicolette Sloan, Executive Vice President and Head of Growth & Strategy at the Bank, as part of a broader reduction in force.”

Nicolette Sloan was terminated as Executive Vice President and Head of Growth & Strategy at Bank of Marin Bancorp.

“On July 19, 2024, Registrant's wholly owned subsidiary, Bank of Marin ("Bank") terminated the employment of Nicolette Sloan, Executive Vice President and Head of Growth & Strategy at the Bank, as part of a broader reduction in force.”
Shareholder Votes

Bank of Marin Bancorp shareholders approved To ratify the selection of Moss Adams LLP, independent auditor, to perform audit services for the year 2024. at the 2024-05-14 meeting.

“3. To ratify the selection of Moss Adams LLP, independent auditor, to perform audit services for the year 2024. For Against Abstain Non-Vote 11,933,598 98,406 565,400 0”
Shareholder Votes

Bank of Marin Bancorp shareholders approved To vote, on an advisory basis, to approve executive compensation for Named Executive Officers. at the 2024-05-14 meeting.

“2. To vote, on an advisory basis, to approve executive compensation for Named Executive Officers. For Against Abstain Non-Vote 9,232,611 1,169,058 367,405 1,828,331”
Shareholder Votes

Bank of Marin Bancorp shareholders approved To elect twelve members of the Board of Directors to serve until the next Annual Meeting of Shareholders or until their successors are duly elected and qualified. at the 2024-05-14 meeting.

“1. To elect twelve members of the Board of Directors to serve until the next Annual Meeting of Shareholders or until their successors are duly elected and qualified. Number of Votes For Withheld Non-Vote Nicolas C. Anderson 9,728,693 1,040,380 1,828,331 Russell A. Colombo 10,479,565 289,509 1,828,331 Charles D. Fite 9,625,024 1,144,049 1,828,331 Cigdem F. Gencer 10,558,662 210,411 1,828,331 James C. Hale 9,795,849 973,225 1,828,331 Kevin R. Kennedy 9,987,578 781,495 1,828,331 William H. McDevitt, Jr. 10,293,303 475,771 1,828,331 Timothy D. Myers 10,353,922 415,151 1,828,331 Sanjiv S. Sanghvi 9,266,673 1,502,400 1,828,331 Joel Sklar, MD 10,377,198 391,876 1,828,331 Brian M. Sobel 10,126,434 642,640 1,828,331 Secil T. Watson 9,781,847 987,227 1,828,331”

David Merck was appointed as Senior Vice President and Director of Audit, Compliance and Risk at Bank of Marin Bancorp.

“David Merck, who previously served as First Vice President and Controller and acted as Principal Accounting Officer, will serve in his new role as Senior Vice President and Director of Audit, Compliance and Risk and will cease acting as the Bank's Principal Accounting Officer.”

Tani Girton was appointed as Principal Accounting Officer at Bank of Marin Bancorp.

“announced that Tani Girton, Executive Vice President and Chief Financial Officer, will now also serve as the Principal Accounting Officer.”
Material Agreements

Bank of Marin Bancorp amended Amendment Number Three with Shawn Devlin and Riley Gardner (the Kelly Trust Parties) (effective 2024-04-26).

“Bank of Marin Bancorp (Nasdaq: BMRC) (the “Company”) announced that on April 26, 2024, that the Company and Shawn Devlin and Riley Gardner (Devlin and Gardner collectively, the “Kelly Trust Parties”) have amended that certain previously disclosed agreement dated May 10, 2021 (the “Agreement”), previously amended by Amendment Number One dated March 31, 2022 and Amendment Number Two dated April 25, 2023”
Earnings Releases

Bank of Marin Bancorp reported the first quarter of 2024 results: net income earnings of $2.9 million, EPS Diluted earnings per share were $0.18 for the first quarter.

“Bank of Marin Bancorp, "Bancorp" (Nasdaq: BMRC), parent company of Bank of Marin, "Bank," announced earnings of $2.9 million for the first quarter of 2024”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.