Filing Analysis

📄 Other SEC Filing Filed Jul 27, 2026
⚪ LOW

Bank of Marin Bancorp announced its second quarter 2026 financial results and declared a quarterly cash dividend. The company also provided updated investor presentation materials.

📋 Key Facts

  • Released Q2 2026 financial results on July 27, 2026.
  • Board of Directors approved a quarterly cash dividend of $0.25 per share on July 23, 2026.
  • Dividend is payable on August 13, 2026, to shareholders of record as of the close of business on August 6, 2026.
📄 Other SEC Filing Filed Jul 02, 2026
⚪ LOW

Bank of Marin Bancorp announced the upcoming release of its financial results for the quarter ended June 30, 2026. The announcement includes details regarding a scheduled earnings webcast featuring the CEO and CFO.

📋 Key Facts

  • Earnings call scheduled for Monday, July 27, 2026, at 8:30 a.m. PT / 11:30 a.m. ET.
  • Financial results will be released prior to the earnings call on July 27, 2026.
  • The webcast will feature CEO Tim Myers and CFO Dave Bonaccorso.
  • Results pertain to the quarter ended June 30, 2026.
📄 Other SEC Filing Filed Dec 03, 2025
⚪ LOW

Bank of Marin Bancorp announced the participation of its CEO and CFO in the Stephens West Coast Bank Trip on December 3, 2025. The company provided a presentation as part of this regulatory disclosure under Regulation FD.

📋 Key Facts

  • CEO Tim Myers and CFO David Bonaccorso are participating in the Stephens West Coast Bank Trip.
  • The event date is December 3, 2025.
  • A presentation was furnished as Exhibit 99.1 to comply with Regulation FD.
💸 Securities Offering Filed Nov 19, 2025
🟡 MEDIUM

Bank of Marin Bancorp issued $45 million in 6.750% Fixed-to-Floating Rate Subordinated Notes due 2035 to private investors. The proceeds are intended for general corporate purposes, specifically repositioning the held-to-maturity securities portfolio and supporting organic growth.

🚩 Red Flags

  • Subordinated debt increases the company's leverage and sits junior to senior creditors in liquidation scenarios.
  • The transition to a floating rate in 2030 introduces interest rate risk for the issuer if SOFR remains elevated.

📋 Key Facts

  • Total principal amount: $45 million.
  • Interest structure: Fixed at 6.750% per annum until Dec 1, 2030; thereafter transitions to a floating rate (Three-Month Term SOFR + 335 bps).
  • Maturity date: December 1, 2035.
  • Credit Rating: Rated BBB- by Kroll Bond Rating Agency.
  • Use of proceeds: Repositioning held-to-maturity securities portfolio and supporting organic growth for Bank of Marin.
  • Ranking: General unsecured, subordinated obligations; junior to all existing/future Senior Indebtedness.
📄 Other SEC Filing Filed Nov 18, 2025
⚪ LOW

Bank of Marin Bancorp announced the participation of its CEO and CFO in an upcoming KBW Virtual West Coast Bank Field Trip on November 20, 2025. The company provided a presentation related to this event via Exhibit 99.1.

📋 Key Facts

  • CEO Tim Myers and CFO David Bonaccorso will participate in the Keefe Bruyette & Woods (KBW) Virtual West Coast Bank Field Trip on November 20, 2025.
  • The company furnished a presentation as Exhibit 99.1 under Item 7.01.
  • Presentation materials are made available to investors via the company's website.
📄 Other SEC Filing Filed Oct 27, 2025
⚪ LOW

Bank of Marin Bancorp (BMRC) released its third quarter 2025 financial results and announced a quarterly cash dividend. The filing includes the earnings press release and presentation materials.

📋 Key Facts

  • Released Q3 2025 financial results on October 27, 2025.
  • Board of Directors approved a quarterly cash dividend of $0.25 per share on October 23, 2025.
  • Dividend record date is November 6, 2025.
  • Dividend payable date is November 13, 2025.
📄 Other SEC Filing Filed Oct 02, 2025
⚪ LOW

Bank of Marin Bancorp announced the upcoming earnings call for the quarter ended September 30, 2025. The call will feature CEO Tim Myers and CFO Dave Bonaccorso on October 27, 2025.

📋 Key Facts

  • Earnings call scheduled for Monday, October 27, 2025, at 8:30 a.m. PT / 11:30 a.m. ET.
  • Financial results for the quarter ended September 30, 2025, will be released prior to the call.
  • Participants include President/CEO Tim Myers and EVP/CFO Dave Bonaccorso.
📄 Other SEC Filing Filed Sep 16, 2025
⚪ LOW

Bank of Marin Bancorp announced the participation of its CEO and CFO in the Stephens Bank Forum on September 16-17, 2025. The filing includes a presentation intended for investor relations purposes.

📋 Key Facts

  • CEO Tim Myers and CFO David Bonaccorso are participating in the Stephens Bank Forum (Sept 16-17, 2025).
  • A presentation related to the forum is being furnished as Exhibit 99.1.
  • The filing was made under Item 7.01 (Regulation FD Disclosure).
📄 Other SEC Filing Filed Sep 03, 2025
⚪ LOW

Bank of Marin Bancorp announced the participation of its CEO, Tim Myers, and CFO, David Bonaccorso, in the Raymond James U.S. Bank & Banking on Tech Conference held September 3-4, 2025.

📋 Key Facts

  • CEO Tim Myers and CFO David Bonaccorso are attending the Raymond James U.S. Bank & Banking on Tech Conference.
  • The event takes place on September 3-4, 2025.
  • A presentation regarding the company is being furnished as Exhibit 99.1.
📄 Other SEC Filing Filed Aug 25, 2025
⚪ LOW

Bank of Marin Bancorp announced that its CEO, Tim Myers, and CFO, David Bonaccorso, will participate in the 15th Annual D.A. Davidson Western Bank Summit on August 26-27, 2025.

📋 Key Facts

  • CEO Tim Myers and CFO David Bonaccorso to attend the 15th Annual D.A. Davidson Western Bank Summit (August 26-27, 2025).
  • Company presentation will be available on the investor relations website as of August 25, 2025.
  • The filing is made pursuant to Regulation FD disclosure requirements.
📄 Other SEC Filing Filed Jul 28, 2025
⚪ LOW

Bank of Marin Bancorp announced the participation of its CEO and CFO in the Keefe Bruyette & Woods Community Bank Investor Conference. The filing includes a presentation intended for investor relations purposes.

📋 Key Facts

  • CEO Tim Myers and CFO David Bonaccorso are participating in the KBW Community Bank Investor Conference from July 28-30, 2025.
  • A presentation was made available on the company's website under the Investor Relations section on July 28, 2025.
  • The filing includes Exhibit 99.1 containing the conference presentation.
📝 Material Agreement Filed Jul 28, 2025
⚪ LOW

Bank of Marin Bancorp announced a new share repurchase program through July 31, 2027. The Board has authorized the repurchase of up to $25.0 million in common stock.

📋 Key Facts

  • Repurchase authorization amount: Up to $25.0 million.
  • Program duration: Through July 31, 2027.
  • The program replaces an existing repurchase program expiring on July 31, 2025.
  • Repurchases may be conducted via open market transactions, block purchases, or privately negotiated transactions.
📄 Other SEC Filing Filed Jul 28, 2025
⚪ LOW

Bank of Marin Bancorp announced its Q2 2025 financial results and the approval of a quarterly cash dividend. The filing also notes administrative revisions to the company's Insider Trading Policy regarding blackout periods and 10b5-1 trading plans.

🚩 Red Flags

  • None identified in this filing.

📋 Key Facts

  • Released Q2 2025 financial results on July 28, 2025.
  • Board approved a quarterly cash dividend of $0.25 per share.
  • Dividend payable date: August 14, 2025; Record date: August 7, 2025.
  • Insider Trading Policy revised: Blackout period changed from three weeks to two weeks prior to quarter end.
  • New provisions added for the use and pre-approval of 10b5-1 trading plans by employees and directors.
📄 Other SEC Filing Filed Jul 03, 2025
⚪ LOW

Bank of Marin Bancorp announced the upcoming earnings call for the second quarter ended June 30, 2025. The call will feature CEO Tim Myers and CFO Dave Bonaccorso on July 28, 2025.

📋 Key Facts

  • Earnings call scheduled for Monday, July 28, 2025, at 8:30 a.m. PT / 11:30 a.m. ET.
  • Financial results for the quarter ended June 30, 2025, will be released prior to the call.
  • The webcast will be hosted on the company's Investor Relations website.
📄 Other SEC Filing Filed Jul 01, 2025
🟡 MEDIUM

Bank of Marin, a subsidiary of Bank of Marin Bancorp, announced the sale of $186 million in available-for-sale (AFS) securities to reposition its balance sheet. The transaction resulted in an estimated pre-tax loss of approximately $19 million to be recognized in Q2 2025.

🚩 Red Flags

  • Significant realized pre-tax loss ($19M) impacting quarterly earnings.
  • Indicates potential pressure from interest rate shifts or duration mismatch in the AFS portfolio.

📋 Key Facts

  • Sold $186 million (book value) of available-for-sale (AFS) securities.
  • The sold securities had an average yield of 1.96%.
  • Realized a pre-tax loss of approximately $19 million.
  • Loss to be recorded in the second quarter of 2025.
  • Purpose of sale: balance sheet repositioning strategy.
🔍 Auditor Change Filed Jun 06, 2025
⚪ LOW

Bank of Marin Bancorp announced a change in its independent registered public accounting firm following the merger of Moss Adams LLP with Baker Tilly US, LLP. The company has appointed Baker Tilly as its successor auditor.

🚩 Red Flags

  • None identified; the change is due to a merger of the audit firm rather than internal disputes.

📋 Key Facts

  • Moss Adams LLP merged with Baker Tilly US, LLP effective June 3, 2025.
  • Baker Tilly US, LLP is the successor independent registered public accounting firm.
  • The change was triggered by the merger of the previous auditor rather than a disagreement.
  • Audit reports for fiscal years ended Dec 31, 2024 and 2023 contained no adverse or qualified opinions.
  • No disagreements with Moss Adams regarding accounting principles, practices, or auditing scope were reported.
📄 Other SEC Filing Filed May 22, 2025
⚪ LOW

Bank of Marin Bancorp reported the results of its Annual Meeting of Shareholders held on May 21, 2025. The meeting included elections for ten directors, an advisory vote on executive compensation, and the ratification of Moss Adams LLP as independent auditors.

📋 Key Facts

  • Annual Meeting of Shareholders held on May 21, 2025.
  • Ten members of the Board of Directors were elected to serve until the next Annual Meeting or successors are qualified.
  • Shareholders voted in an advisory capacity to approve executive compensation for Named Executive Officers (8,928,318 votes 'For').
  • Moss Adams LLP was ratified as the independent auditor for the year 2025 with significant majority support (12,439,465 votes 'For').
📄 Other SEC Filing Filed Apr 28, 2025
⚪ LOW

Bank of Marin Bancorp announced its first quarter 2025 financial results and declared a quarterly cash dividend. The company also confirmed the dividend details, including the record date and payment date.

📋 Key Facts

  • Released Q1 2025 financial results for the period ended March 31, 2025.
  • Board of Directors approved a quarterly cash dividend of $0.25 per share on April 24, 2025.
  • Dividend record date is May 8, 2025.
  • Dividend payable date is May 15, 2025.
📄 Other SEC Filing Filed Apr 04, 2025
⚪ LOW

Bank of Marin Bancorp announced its upcoming earnings call to discuss financial results for the quarter ended March 31, 2025. The call is scheduled for April 28, 2025.

📋 Key Facts

  • Earnings call date: Monday, April 28, 2025, at 8:30 a.m. PT / 11:30 a.m. ET.
  • Financial results for the quarter ended March 31, 2025, will be released prior to the call on April 28, 2025.
  • Speakers include President and CEO Tim Myers and EVP/CFO Dave Bonaccorso.
📄 Other SEC Filing Filed Mar 10, 2025
⚪ LOW

Bank of Marin Bancorp announced that CEO Tim Myers and CFO David Bonaccorso will participate in the Piper Sandler Western Bank Forum on March 10-11, 2025. The company provided a presentation related to this participation as an exhibit.

📋 Key Facts

  • CEO Tim Myers and CFO David Bonaccorso are participating in the Piper Sandler Western Bank Forum (March 10-11, 2025).
  • A presentation was furnished as Exhibit 99.1 under Regulation FD disclosure.
  • The filing is a standard announcement of management's participation in an investor conference.
🚪 Officer Departure Filed Feb 25, 2025
⚪ LOW

Bank of Marin Bancorp announced that two directors, William McDevitt and Sanjiv Sanghvi, will not stand for re-election at the upcoming 2025 Annual Meeting. This transition is expected to reduce the Board size by two members.

🚩 Red Flags

  • Termination of a shareholder cooperation agreement (indicates potential shift in board composition or influence from specific shareholder groups).

📋 Key Facts

  • Directors William McDevitt and Sanjiv Sanghvi notified the company on February 19, 2025, that they will not seek re-election.
  • Both directors will serve their current terms until the 2025 Annual Meeting of Shareholders.
  • The Board size is expected to decrease by two members following the meeting.
  • The departure of Mr. Sanghvi is expected to terminate a previously disclosed cooperation agreement with certain nominating shareholders.
📄 Other SEC Filing Filed Feb 24, 2025
⚪ LOW

Bank of Marin Bancorp announced the participation of its CEO and CFO in the Stephens Virtual West Coast Bank Tour. The company provided a presentation to be made available on its investor relations website.

📋 Key Facts

  • CEO Tim Myers and CFO David Bonaccorso are participating in the Stephens Virtual West Coast Bank Tour from February 24-27, 2025.
  • A presentation regarding the company was furnished as Exhibit 99.1.
  • The filing is a Regulation FD disclosure related to investor communications.
📄 Other SEC Filing Filed Jan 29, 2025
⚪ LOW

Bank of Marin Bancorp announced the participation of its CEO, Tim Myers, and CFO, David Bonaccorso, in the Janney CEO Forum on January 29-30, 2025. The company provided a presentation as an exhibit to this filing.

📋 Key Facts

  • CEO Tim Myers and CFO David Bonaccorso are participating in the Janney CEO Forum (Jan 29-30, 2025).
  • A presentation regarding the forum is furnished as Exhibit 99.1.
  • The filing was made under Item 7.01 (Regulation FD Disclosure).
📄 Other SEC Filing Filed Jan 27, 2025
⚪ LOW

Bank of Marin Bancorp released its fourth quarter and full year 2024 financial results. The company also announced a quarterly cash dividend of $0.25 per share.

📋 Key Facts

  • Released Q4 and FY 2024 financial results on January 27, 2025.
  • Board approved a quarterly cash dividend of $0.25 per share.
  • Dividend payable date: February 13, 2025.
  • Record date for dividend: February 6, 2025.
📄 Other SEC Filing Filed Jan 03, 2025
⚪ LOW

Bank of Marin Bancorp announced its upcoming earnings call to discuss financial results for the quarter ended December 31, 2024. The call is scheduled for January 27, 2025.

📋 Key Facts

  • Earnings call date: Monday, January 27, 2025, at 8:30 a.m. PT / 11:30 a.m. ET.
  • Participants: Tim Myers (President and CEO) and Dave Bonaccorso (EVP and CFO).
  • Reporting period: Quarter ended December 31, 2024.
  • Results will be released prior to the webcast on January 27, 2025.
🚪 Officer Departure Filed Jan 02, 2025
⚪ LOW

Bank of Marin Bancorp filed an 8-K to disclose the compensation terms for Dave Bonaccorso, who assumed the role of Executive Vice President, CFO, and Principal Accounting Officer on January 2, 2025.

🚩 Red Flags

  • Significant retirement benefits (SERP) outlined for the new CFO, which may represent a long-term liability or potential friction point during future M&A activity.

📋 Key Facts

  • Dave Bonaccorso assumed the position of EVP, CFO, and Principal Accounting Officer effective January 2, 2025.
  • Annual base salary is set at $365,000.
  • Target cash bonus is 40% of base salary; target equity incentive awards are 30% of base salary.
  • Entered into a Salary Continuation Agreement (SERP) providing an annual retirement benefit of $146,500 for 15 years upon retirement at age 65.
  • The SERP includes provisions for voluntary termination/disability and a lump sum benefit in the event of a change in control.
🚪 Officer Departure Filed Dec 06, 2024
⚪ LOW

Bank of Marin Bancorp announced the retirement of CFO and Principal Accounting Officer Tani Girton, effective January 31, 2025. The company has named current Treasurer Dave Bonaccorso as her successor to ensure a smooth transition.

🚩 Red Flags

  • None identified; the transition is described as a planned retirement with an overlap period for handover.

📋 Key Facts

  • Tani Girton (EVP, CFO, and Principal Accounting Officer) will retire on January 31, 2025.
  • Dave Bonaccorso will assume the CFO and Principal Accounting Officer roles on January 2, 2025.
  • Bonaccorso has nearly 30 years of financial services experience, including previous roles at Rabobank, N.A. and Mechanics Bank.
  • David Merck was previously named Director of Audit, Compliance, and Risk in May 2024 to enhance risk management oversight.
📢 Regulation FD Disclosure Filed Dec 03, 2024
⚪ LOW

Bank of Marin Bancorp announced the participation of several key executives in the Stephens Investor Day on December 4, 2024. The filing includes a presentation to be made available via the company's investor relations website.

📋 Key Facts

  • Executive participation: CEO Tim Myers, CFO Tani Girton, Chief Credit Officer Misako Stewart, and Treasurer David Bonaccorso will attend Stephens Investor Day.
  • Event Date: December 4, 2024.
  • Presentation availability: Exhibit 99.1 is furnished as part of the filing.
📄 Other SEC Filing Filed Nov 27, 2024
⚪ LOW

Bank of Marin Bancorp announced the participation of its top executive team in the Raymond James Small-Cap Bank Investor Day scheduled for December 3, 2024. The filing serves as a Regulation FD disclosure regarding upcoming investor presentations.

📋 Key Facts

  • CEO Tim Myers, CFO Tani Girton, and Treasurer David Bonaccorso will participate in the Raymond James Small-Cap Bank Investor Day on December 3, 2024.
  • The company's presentation material is being furnished as Exhibit 99.1 under Regulation FD.
  • Presentation materials are made available via the company's investor relations website.
📄 Other SEC Filing Filed Nov 19, 2024
⚪ LOW

This is an amendment to a previously filed 8-K (Amendment No. 1) intended to include updated investor presentation slides. The update specifically includes information regarding a subsequent paydown of a non-accrual loan.

🚩 Red Flags

  • Mention of a 'non-accrual loan' indicates previous credit issues or delinquency within the loan portfolio, though the amendment notes a subsequent paydown which is a positive development for that specific asset.

📋 Key Facts

  • The filing amends the original 8-K filed on November 15, 2024.
  • The amendment adds information concerning a subsequent paydown of a non-accrual loan in slides 7 and 29 of the investor presentation (Exhibit 99.1).
  • Management participation in the Keefe Bryuette & Woods Virtual West Coast Bank Field Trip on November 19, 2024.
  • The updated presentation replaces the previously furnished version.
📄 Other SEC Filing Filed Nov 15, 2024
⚪ LOW

Bank of Marin Bancorp announced the participation of several key executives in an upcoming virtual bank field trip hosted by Keefe, Bryuette & Woods. The filing serves as a Regulation FD disclosure regarding an upcoming investor presentation.

📋 Key Facts

  • Executives participating: Tim Myers (CEO), Tani Girton (CFO), Misako Stewart (Chief Credit Officer), and David Bonaccorso (SVP/Treasurer).
  • Event: Keefe Bryuette & Woods Virtual West Coast Bank Field Trip.
  • Date of event: November 19, 2024.
  • Presentation will be available on the company's investor relations website on Nov 19, 2024.
📄 Other SEC Filing Filed Oct 28, 2024
⚪ LOW

Bank of Marin Bancorp (BMRC) released its third quarter 2024 financial results and announced a quarterly cash dividend.

📋 Key Facts

  • Released Q3 2024 financial results on October 28, 2024.
  • Board approved a quarterly cash dividend of $0.25 per share.
  • Dividend is payable on November 14, 2024.
  • Record date for the dividend is November 7, 2024.
📄 Other SEC Filing Filed Oct 04, 2024
⚪ LOW

Bank of Marin Bancorp announced its upcoming earnings call to discuss financial results for the quarter ended September 30, 2024. The event is scheduled for October 28, 2024.

📋 Key Facts

  • Earnings call date: Monday, October 28, 2024, at 8:30 a.m. PT / 11:30 a.m. ET.
  • Financial results for the quarter ended September 30, 2024, will be released prior to the call.
  • Key executives participating in the webcast include CEO Tim Myers, CFO Tani Girton, and Chief Credit Officer Misako Stewart.
📄 Other SEC Filing Filed Sep 16, 2024
⚪ LOW

Bank of Marin Bancorp announced that its senior management team, including the CEO and CFO, will participate in the Stephens Bank Forum on September 17-18, 2024. The company provided a presentation related to this event as an exhibit.

📋 Key Facts

  • CEO Tim Myers, CFO Tani Girton, and Chief Credit Officer Misako Stewart are participating in the Stephens Bank Forum.
  • The forum is scheduled for September 17-18, 2024.
  • A presentation was furnished as Exhibit 99.1.
🚪 Officer Departure Filed Aug 16, 2024
⚪ LOW

Bank of Marin Bancorp filed an amendment to its previous 8-K to disclose the specific terms of a separation agreement with former Executive Vice President Nicolette Sloan. The agreement, effective August 13, 2024, provides severance benefits including six months of salary continuation and COBRA reimbursement in exchange for a release of claims.

🚩 Red Flags

  • Termination was part of a 'broader reduction in force,' which may indicate organizational restructuring or cost-cutting measures.

📋 Key Facts

  • Nicolette Sloan (EVP and Head of Growth & Strategy) was terminated as part of a broader reduction in force on July 19, 2024.
  • A group separation and release agreement was entered into effective August 13, 2024.
  • Severance package includes six months' salary continuation (minus deductions).
  • Severance package includes six months of COBRA premium reimbursement.
  • Agreement includes outplacement services in exchange for a full release of claims against the Bank and Registrant.
📄 Other SEC Filing Filed Aug 12, 2024
⚪ LOW

Bank of Marin Bancorp announced the participation of several key executives in the DA Davidson Virtual Western Bank Summit scheduled for August 13-14, 2024. The company will provide a presentation via its investor relations website.

📋 Key Facts

  • Executives participating: Tim Myers (CEO), Tani Girton (CFO), Misako Stewart (Chief Credit Officer), and David Bonaccorso (SVP/Treasurer).
  • Event: DA Davidson Virtual Western Bank Summit occurring August 13-14, 2024.
  • Presentation material to be made available on the company's website under Investor Relations.
📄 Other SEC Filing Filed Jul 30, 2024
⚪ LOW

Bank of Marin Bancorp (BMRC) announced the participation of its top executive leadership team in the 25th Annual Keefe Bruyette & Woods Community Bank Investor Conference. The filing serves as a Regulation FD disclosure regarding upcoming investor presentations.

📋 Key Facts

  • Management attendance: CEO Tim Myers, CFO Tani Girton, Chief Credit Officer Misako Stewart, and Treasurer David Bonaccorso.
  • Event: 25th Annual Keefe Bruyette & Woods Community Bank Investor Conference held July 30-31, 2024.
  • Presentation material is made available via the company's investor relations website.
📄 Other SEC Filing Filed Jul 29, 2024
⚪ LOW

Bank of Marin Bancorp (BMRC) released its second quarter 2024 financial results and announced a quarterly cash dividend. The filing serves as the formal announcement for the Q2 earnings release and the upcoming dividend payment.

📋 Key Facts

  • Released financial results for the quarter ended June 30, 2024 on July 29, 2024.
  • Board of Directors approved a quarterly cash dividend of $0.25 per share on July 25, 2024.
  • Dividend is payable on August 15, 2024.
  • Record date for the dividend is August 8, 2024.
🚪 Officer Departure Filed Jul 25, 2024
⚪ LOW

Bank of Marin Bancorp announced the termination of Nicolette Sloan, Executive Vice President and Head of Growth & Strategy at its wholly owned subsidiary, Bank of Marin. The departure is part of a broader reduction in force.

🚩 Red Flags

  • Reduction in force (RIF) can sometimes indicate cost-cutting measures due to shifting economic conditions or internal restructuring.

📋 Key Facts

  • Nicolette Sloan was terminated from her role as EVP and Head of Growth & Strategy on July 19, 2024.
  • The termination occurred within the company's wholly owned subsidiary, Bank of Marin.
  • The departure is explicitly linked to a 'broader reduction in force'.
📄 Other SEC Filing Filed Jul 05, 2024
⚪ LOW

Bank of Marin Bancorp announced its upcoming earnings call to discuss financial results for the quarter ended June 30, 2024. The event is scheduled for July 29, 2024.

📋 Key Facts

  • Earnings call date: Monday, July 29, 2024, at 8:30 a.m. PT / 11:30 a.m. ET.
  • Financial results for the quarter ended June 30, 2024, will be released prior to the call on July 29, 2024.
  • Key executives participating in the webcast include CEO Tim Myers, CFO Tani Girton, and Chief Credit Officer Misako Stewart.
🏷️ Asset Disposition Filed Jun 26, 2024
🟡 MEDIUM

Bank of Marin, a subsidiary of Bank of Marin Bancorp, announced the sale of $293 million in available-for-sale (AFS) securities to optimize its portfolio for future earnings and ROE growth. The transaction results in an estimated after-tax loss of approximately $23 million to be recognized in Q2 2024.

🚩 Red Flags

  • Significant realized loss ($23M) impacting Q2 earnings results.

📋 Key Facts

  • Sold $293 million in available-for-sale (AFS) securities.
  • The sale represents 56% of the total AFS portfolio.
  • Average yield on sold securities was 1.94%.
  • Estimated after-tax loss from the sale is approximately $23 million.
  • Loss to be recorded in the second quarter of 2024.
📄 Other SEC Filing Filed May 17, 2024
⚪ LOW

Bank of Marin Bancorp reported the results of its Annual Meeting of Shareholders held on May 14, 2024. The meeting included elections for twelve board members, an advisory vote on executive compensation, and the ratification of Moss Adams LLP as independent auditors.

📋 Key Facts

  • Annual Meeting of Shareholders held on May 14, 2024.
  • Twelve members of the Board of Directors were elected to serve until the next Annual Meeting or successors.
  • Shareholders voted on an advisory basis to approve executive compensation for Named Executive Officers (9,232,611 votes 'For').
  • Moss Adams LLP was ratified as the independent auditor for the year 2024 with 11,933,598 votes 'For'.
🚪 Officer Departure Filed May 17, 2024
⚪ LOW

Bank of Marin Bancorp announced a leadership reorganization within its finance and compliance departments. Tani Girton, the current CFO, will assume the additional role of Principal Accounting Officer, while David Merck transitions from Controller/Principal Accounting Officer to Senior Vice President and Director of Audit, Compliance and Risk.

📋 Key Facts

  • Effective May 13, 2024: Tani Girton (EVP & CFO) appointed as Principal Accounting Officer.
  • David Merck ceases role as Principal Accounting Officer; moves to SVP and Director of Audit, Compliance and Risk.
  • Tani Girton has been with the Bank since August 2013.
  • No material plans or compensatory arrangements were disclosed in connection with this appointment.
📄 Other SEC Filing Filed May 08, 2024
⚪ LOW

Bank of Marin Bancorp announced the participation of its CEO and CFO in the D.A. Davidson 26th Annual Financial Institutions Conference. The filing includes a presentation intended for investor relations purposes.

📋 Key Facts

  • CEO Tim Myers and CFO Tani Girton are participating in the D.A. Davidson 26th Annual Financial Institutions Conference from May 8-10, 2024.
  • The company furnished a presentation as Exhibit 99.1.
  • The filing is made pursuant to Regulation FD disclosure requirements.
🤝 Related Party Transaction Filed Apr 30, 2024
🟡 MEDIUM

Bank of Marin Bancorp has entered into Amendment Number Three to an existing agreement with the Kelly Trust Parties. The amendment confirms Sanjiv Sanghvi as the continuing Kelly Trust Nominee for the Board and Asset/Liability Management Committee and extends a 'Restricted Period' by approximately one year.

🚩 Red Flags

  • Ongoing related-party negotiations/agreements involving the Kelly Trust Parties and specific nominees.
  • Extension of a 'Restricted Period' suggests ongoing governance or ownership-related constraints that have persisted for over three years.

📋 Key Facts

  • Amendment Number Three was executed on April 26, 2024.
  • Sanjiv Sanghvi is confirmed as the continuing Kelly Trust Nominee for the Board of Directors and Asset/Liability Management Committee.
  • The 'Restricted Period' has been extended by approximately one year.
  • The amendment modifies a series of previous agreements dating back to May 10, 2021.
📄 Other SEC Filing Filed Apr 29, 2024
⚪ LOW

Bank of Marin Bancorp (BMRC) released its first quarter 2024 financial results and announced a quarterly cash dividend. The filing serves as the formal announcement of earnings for the period ending March 31, 2024.

📋 Key Facts

  • Released Q1 2024 financial results on April 29, 2024.
  • Board of Directors approved a quarterly cash dividend of $0.25 per share on April 25, 2024.
  • Dividend is payable on May 16, 2024, to shareholders of record as of the close of business on May 9, 2024.
📄 Other SEC Filing Filed Apr 05, 2024
⚪ LOW

Bank of Marin Bancorp announced its upcoming earnings call to discuss financial results for the quarter ended March 31, 2024. The event is scheduled for April 29, 2024.

📋 Key Facts

  • Earnings call date: Monday, April 29, 2024, at 8:30 a.m. PT / 11:30 a.m. ET.
  • Financial results for the quarter ended March 31, 2024, will be released prior to the call on April 29, 2024.
  • Key executives participating in the webcast: Tim Myers (CEO), Tani Girton (CFO), and Misako Stewart (Chief Credit Officer).
📄 Other SEC Filing Filed Feb 29, 2024
⚪ LOW

Bank of Marin Bancorp announced the participation of its top executive leadership team in the Piper Sandler 2024 Western Financial Service Conference. The filing serves as a Regulation FD disclosure regarding an investor presentation.

📋 Key Facts

  • CEO Tim Myers, CFO Tani Girton, and Chief Credit Officer Misako Stewart participated in the Piper Sandler 2024 Western Financial Service Conference on February 29, 2024.
  • The company provided a link to its investor relations website for access to the presentation materials.
  • Presentation is furnished as Exhibit 99.1.
🚪 Officer Departure Filed Feb 28, 2024
⚪ LOW

Bank of Marin Bancorp announced the retirement of longtime director Robert Heller, effective May 13, 2024. Mr. Heller has served on the Board since 2005 and held various committee leadership roles.

📋 Key Facts

  • Robert Heller is retiring from the Board of Directors.
  • Retirement effective date: May 13, 2024.
  • Tenure on the Board: Approximately 19 years (joined in 2005).
  • Served on Asset/Liability, Audit, Compensation, and Nominating & Governance committees.
  • Chaired the Wealth Management & Trust committee from 2008 to 2021.
📄 Other SEC Filing Filed Jan 30, 2024
⚪ LOW

Bank of Marin Bancorp announced that its top executive leadership team will participate in the 2024 Janney CEO Forum. The company provided a presentation to be used during these investor meetings.

📋 Key Facts

  • CEO Tim Myers, CFO Tani Girton, and Chief Credit Officer Misako Stewart are scheduled to attend the Janney CEO Forum on January 31 and February 1, 2024.
  • The company furnished a presentation (Exhibit 99.1) regarding its operations/performance for the forum.
📄 Other SEC Filing Filed Jan 29, 2024
⚪ LOW

Bank of Marin Bancorp released its fourth quarter and full year 2023 financial results. The filing also announces the Board's approval of a quarterly cash dividend.

📋 Key Facts

  • Released Q4 and FY 2023 financial results on January 29, 2024.
  • Board approved a quarterly cash dividend of $0.25 per share.
  • Dividend record date: February 8, 2024.
  • Dividend payment date: February 15, 2024.
📄 Other SEC Filing Filed Jan 05, 2024
⚪ LOW

Bank of Marin Bancorp announced the upcoming earnings call for the fiscal quarter ended December 31, 2023. The event is scheduled for January 29, 2024, featuring CEO Tim Myers and CFO Tani Girton.

📋 Key Facts

  • Earnings call date: Monday, January 29, 2024, at 8:30 a.m. PT / 11:30 a.m. ET.
  • Financial results for the quarter ended December 31, 2023, will be released prior to the call on Jan 29, 2024.
  • Speakers include President/CEO Tim Myers and EVP/CFO Tani Girton.
  • The webcast will be available via the company's Investor Relations website.
Disclaimer: This analysis is generated by AI and is for informational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell securities. Always review the original SEC filings and consult a financial advisor before making investment decisions.

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