For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Fiduciary And Trust | 596 | 573 | 564 | 612 |
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Deposit Account | 563 | 543 | 547 | 550 |
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Debit Card | 362 | 401 | 405 | 410 |
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Merchant Interchange Fees Net | 118 | 112* | 87 | 90 |
| Earnings on bank-owned life insurance, net | - | 445* | - | - |
| Dividends on federal home loan bank stock | 855 | 372 | 366 | 362 |
| Earnings on bank-owned life insurance, net | 487 | - | 434 | 667 |
| Earnings on bank-owned life insurance death benefits | 479 | 306* | 0 | - |
| Losses on sale of investment securities | 0 | -69,784* | 0 | -18,736 |
| Other income | 374 | 385 | 342 | 424 |
| Total non-interest income (loss) | 3,834 | -66,648 | 2,745 | -15,621 |
| Interest and fees on loans | 26,534 | 27,128 | 26,254 | 25,861 |
| Interest on investment securities | 13,869 | 11,937 | 9,846 | 8,423 |
| Interest on federal funds sold and due from banks | - | 2,767 | - | 2,004 |
| Interest on due from banks | 2,392 | - | 2,969 | - |
| Total interest income | 42,795 | 41,832 | 39,069 | 36,288 |
| Interest on interest-bearing transaction accounts | 2,039 | 4,386 | 328 | 351 |
| Interest on savings accounts | 577 | 609 | 600 | 587 |
| Interest on money market accounts | 7,821 | 7,961 | 8,376 | 7,878 |
| Interest on time accounts | 1,242 | 1,516 | 1,571 | 1,559 |
| Interest on borrowings and other obligations | 6 | 6 | 1 | 1 |
| Interest on subordinated notes | 808 | 368 | - | - |
| Total interest expense | 12,493 | 14,846 | 10,876 | 10,376 |
| Net interest income | 30,302 | 26,986 | 28,193 | 25,912 |
| Provision for credit losses on loans | 0 | 300 | 0 | 0 |
| Provision for credit losses on unfunded loan commitments | 0 | 185 | 0 | - |
| Net interest income after provision for credit losses | 30,302 | 26,501 | 28,193 | 25,912 |
| Salaries and related benefits | 13,394 | 11,359 | 12,004 | 12,045 |
| Occupancy and equipment | 2,099 | 2,098 | 2,079 | 2,226 |
| Data processing | 1,228 | 1,033 | 1,116 | 1,041 |
| Professional services | 1,093 | 1,341 | 1,115 | 908 |
| Federal deposit insurance corporation insurance | 730 | 539 | 459 | 421 |
| Information technology | 515 | 532 | 538 | 563 |
| Charitable contributions | 437 | 82 | 56 | 116 |
| Directors' expense | 285 | 283 | 249 | 279 |
| Depreciation and amortization | 263 | 331 | 291 | 320 |
| Amortization of core deposit intangible | 200 | 211 | 217 | 220 |
| Deposit network fees | 149 | -2,668 | 1,158 | 1,054 |
| Other real estate owned | - | 0 | - | - |
| Other expense | 2,146 | 2,087 | 2,046 | 2,297 |
| Total non-interest expense | 22,539 | 17,228 | 21,328 | 21,490 |
| Income (loss) before provision for (benefit from) income taxes | 11,597 | -57,375 | 9,610 | -11,199 |
| Provision for (benefit from) income taxes | 3,087 | -17,834 | 2,084 | -2,663 |
| Net income (loss) | 8,510 | -39,541 | 7,526 | -8,536 |
| Change in net unrealized (losses) gains on available-for-sale securities | -7,642 | 4,933 | 2,514 | -486 |
| Reclassification adjustment for losses realized on the sale of available-for-sale securities in net loss | 0 | 166* | 0 | -18,736 |
| Reclassification adjustment for gains or losses for fair value hedges | - | 0* | 0 | 0 |
| Net unrealized losses on securities transferred from held-to-maturity to available-for-sale | 0 | 23,211* | - | - |
| Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity | 0 | 9,867 | 360 | 365 |
| Other comprehensive (gain) income, before tax | -7,642 | -8,576 | 2,874 | 18,615 |
| Deferred tax (benefit) expense | -2,260 | -2,533 | 850 | 5,503 |
| Other comprehensive (gain) income, net of tax | -5,382 | -6,043 | 2,024 | 13,112 |
| Total comprehensive income (loss) | 3,128 | -45,584 | 9,550 | 4,576 |
| Basic EPS | 0.53 | -2.868 | 0.47 | -0.53 |
| Diluted EPS | 0.53 | -2.877 | 0.47 | -0.53 |
| Basic Average Shares | 15,925,000 | 15,895,000 | 15,907,000 | 15,989,000 |
| Diluted Average Shares | 15,973,000 | 15,843,000 | 15,934,000 | 15,989,000 |
Bank of Marin Bancorp (BMRC)
Bank of Marin Bancorp (BMRC)