Bank of Marin Bancorp (BMRC)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Merchant Interchange Fees Net | 90 | - | - | - |
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Fiduciary And Trust | 612 | - | - | - |
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Deposit Account | 550 | - | - | - |
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Debit Card | 410 | - | - | - |
| Other income | 424 | 352 | 357 | 420 |
| Losses on sale of investment securities | -18,736 | - | 1 | -32,542 |
| Earnings on bank-owned life insurance, net | 667 | 544 | 426 | 421 |
| Dividends on federal home loan bank stock | 362 | 375 | 365 | 366 |
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net | - | 1,603 | 1,672 | 585 |
| Total non-interest income | -15,621 | 2,874 | 2,888 | -29,755 |
| Professional services | 908 | 937 | 1,879 | 1,043 |
| Other expense | 2,297 | 2,046 | 1,733 | 2,108 |
| Directors' expense | 279 | 304 | 293 | 306 |
| Salaries and related benefits | 12,045 | 12,050 | 10,822 | 12,364 |
| Federal deposit insurance corporation insurance | 421 | 388 | 582 | 426 |
| Amortization of core deposit intangible | 220 | 227 | 241 | 246 |
| Occupancy and equipment | 2,226 | 2,106 | 2,097 | 2,049 |
| Information technology | 563 | 413 | 404 | 448 |
| Depreciation and amortization | 320 | 322 | 358 | 379 |
| Deposit network fees | 1,054 | 932 | 927 | 916 |
| Data processing | 1,041 | 1,136 | 1,051 | 1,005 |
| Charitable contributions | 116 | 403 | 30 | 604 |
| Total non-interest expense | 21,490 | 21,264 | 20,417 | 21,894 |
| Reversal of credit losses on unfunded loan commitments | - | - | -233 | - |
| Total interest expense | - | - | - | 11,865 |
| Interest on time accounts | 1,559 | 1,790 | 2,431 | 2,291 |
| Interest on savings accounts | 587 | 533 | 565 | 511 |
| Interest on interest-bearing transaction accounts | 351 | 343 | 339 | 274 |
| Interest on money market accounts | 7,878 | 7,626 | 8,714 | 8,641 |
| Interest on borrowings and other obligations | 1 | 1 | 1 | 148 |
| Total interest expense | 10,376 | 10,293 | 12,050 | - |
| Interest on investment securities | 8,423 | 8,261 | 7,594 | 8,299 |
| Interest and fees on loans | 25,861 | 25,183 | 25,483 | 25,109 |
| Interest on federal funds sold and due from banks | 2,004 | 1,795 | 3,242 | 924 |
| Total interest income | 36,288 | 35,239 | 36,319 | 34,332 |
| Net interest income | 25,912 | 24,946 | 24,269 | 22,467 |
| Provision for credit losses on loans | - | 75 | - | 5,200 |
| Net interest income after provision for credit losses | 25,912 | 24,871 | 24,502 | 17,267 |
| (loss) income before (benefit from) provision for income taxes | -11,199 | 6,481 | 6,973 | -34,382 |
| (benefit from) provision for income taxes | -2,663 | 1,605 | 2,403 | -12,480 |
| Net (loss) income | -8,536 | 4,876 | 4,570 | -21,902 |
| Deferred tax expense | 5,503 | 1,073 | 2,022 | 9,981 |
| Change in net unrealized gains or losses on available-for-sale securities | -486 | 3,289 | 8,041 | 559 |
| Reclassification adjustment for realized losses on available-for-sale securities in net loss | -18,736 | - | 1 | -32,542 |
| Reclassification adjustment for gains or losses on fair value hedges | - | - | 1,584 | -282 |
| Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity | 365 | 340 | 385 | 403 |
| Other comprehensive income, before tax | 18,615 | 3,629 | 6,841 | 33,786 |
| Other comprehensive income, net of tax | 13,112 | 2,556 | 4,819 | 23,805 |
| Total comprehensive income | 4,576 | 7,432 | 9,389 | 1,903 |
| Basic (in dollars per share) | -0.53 | 0.31 | 0.28 | -1.36 |
| Basic (in shares) | 15,989,000 | 15,977,000 | 16,038,000 | 16,108,000 |
| Diluted (in dollars per share) | -0.53 | 0.3 | 0.28 | -1.36 |
| Diluted (in shares) | 15,989,000 | 16,002,000 | 16,066,000 | 16,108,000 |