For the quarter ending 2025-09-30, BMRC made $76,892K in revenue. $9,550K in net income. Net profit margin of 12.42%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Change in net unrealized losses on available-for-sale securities | 2,514 | -486 | 3,289 | 8,041 |
| Reclassification adjustment for losses realized on the sale of available-for-sale securities in net loss | 0 | -18,736 | - | 1 |
| Reclassification adjustment for gains on fair value hedges | 0 | 0 | - | 1,584 |
| Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity | 360 | 365 | 340 | 385 |
| Other comprehensive income, before tax | 2,874 | 18,615 | 3,629 | 6,841 |
| Deferred tax expense | 850 | 5,503 | 1,073 | 2,022 |
| Other comprehensive income, net of tax | 2,024 | 13,112 | 2,556 | 4,819 |
| Interest and fees on loans | 26,254 | 25,861 | 25,183 | 25,483 |
| Interest on federal funds sold and due from banks | - | 2,004 | 1,795 | 3,242 |
| Interest on investment securities | 9,846 | 8,423 | 8,261 | 7,594 |
| Interest on due from banks | 2,969 | - | - | - |
| Total interest income | 39,069 | 36,288 | 35,239 | 36,319 |
| Interest on interest-bearing transaction accounts | 328 | 351 | 343 | 339 |
| Interest on savings accounts | 600 | 587 | 533 | 565 |
| Interest on money market accounts | 8,376 | 7,878 | 7,626 | 8,714 |
| Interest on time accounts | 1,571 | 1,559 | 1,790 | 2,431 |
| Interest on borrowings and other obligations | 1 | 1 | 1 | 1 |
| Total interest expense | 10,876 | 10,376 | 10,293 | 12,050 |
| Net interest income | 28,193 | 25,912 | 24,946 | 24,269 |
| Provision for credit losses on loans | 0 | 0 | 75 | - |
| Reversal of credit losses on unfunded loan commitments | 0 | - | - | -233 |
| Net interest income after provision for credit losses | 28,193 | 25,912 | 24,871 | 24,502 |
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Fiduciary And Trust | 564 | 612 | - | - |
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Deposit Account | 547 | 550 | - | - |
| Earnings on bank-owned life insurance, net | 434 | 667 | 544 | 426 |
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Debit Card | 405 | 410 | - | - |
| Dividends on federal home loan bank stock | 366 | 362 | 375 | 365 |
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Merchant Interchange Fees Net | 87 | 90 | - | - |
| Earnings on bank-owned life insurance death benefits | 0 | - | - | - |
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net | - | - | 1,603 | 1,672 |
| (losses) gains on sale of investment securities | 0 | -18,736 | - | 1 |
| Other income | 342 | 424 | 352 | 357 |
| Total non-interest income | 2,745 | -15,621 | 2,874 | 2,888 |
| Salaries and related benefits | 12,004 | 12,045 | 12,050 | 10,822 |
| Occupancy and equipment | 2,079 | 2,226 | 2,106 | 2,097 |
| Deposit network fees | 1,158 | 1,054 | 932 | 927 |
| Data processing | 1,116 | 1,041 | 1,136 | 1,051 |
| Professional services | 1,115 | 908 | 937 | 1,879 |
| Information technology | 538 | 563 | 413 | 404 |
| Federal deposit insurance corporation insurance | 459 | 421 | 388 | 582 |
| Depreciation and amortization | 291 | 320 | 322 | 358 |
| Directors' expense | 249 | 279 | 304 | 293 |
| Amortization of core deposit intangible | 217 | 220 | 227 | 241 |
| Charitable contributions | 56 | 116 | 403 | 30 |
| Other expense | 2,046 | 2,297 | 2,046 | 1,733 |
| Total non-interest expense | 21,328 | 21,490 | 21,264 | 20,417 |
| Income (loss) before provision for (benefit from) income taxes | 9,610 | -11,199 | 6,481 | 6,973 |
| Provision for (benefit from) income taxes | 2,084 | -2,663 | 1,605 | 2,403 |
| Net income (loss) | 7,526 | -8,536 | 4,876 | 4,570 |
| Total comprehensive income | 9,550 | 4,576 | 7,432 | 9,389 |
| Basic (in dollars per share) | 0.47 | -0.53 | 0.31 | 0.28 |
| Basic (in shares) | 15,907,000 | 15,989,000 | 15,977,000 | 16,038,000 |
| Diluted (in dollars per share) | 0.47 | -0.53 | 0.3 | 0.28 |
| Diluted (in shares) | 15,934,000 | 15,989,000 | 16,002,000 | 16,066,000 |
Bank of Marin Bancorp (BMRC)
Bank of Marin Bancorp (BMRC)