For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | |||
|---|---|---|---|---|
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Fiduciary And Trust | 2,312 | |||
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Deposit Account | 2,188 | |||
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Debit Card | 1,612 | |||
| Wealth management and trust services, service charges on deposit accounts, debit card interchange fees, net and merchant interchange fees, net-Merchant Interchange Fees Net | 377 | |||
| Earnings on bank-owned life insurance, net | 1,779 | |||
| Dividends on federal home loan bank stock | 1,475 | |||
| Earnings on bank-owned life insurance death benefits | 306 | |||
| Net losses on sale of investment securities | -88,202 | |||
| Other income | 1,503 | |||
| Total non-interest income | -76,650 | |||
| Interest and fees on loans | 104,426 | |||
| Interest on investment securities | 38,467 | |||
| Interest on federal funds sold and due from banks | 9,535 | |||
| Total interest income | 152,428 | |||
| Interest on interest-bearing transaction accounts | 5,408 | |||
| Interest on savings accounts | 2,329 | |||
| Interest on money market accounts | 31,841 | |||
| Interest on time accounts | 6,436 | |||
| Interest on borrowings and other obligations | 9 | |||
| Interest on subordinated notes | 368 | |||
| Total interest expense | 46,391 | |||
| Net interest income | 106,037 | |||
| Provision for credit losses on loans | 375 | |||
| Provision for (reversal of) credit losses on unfunded loan commitments | 185 | |||
| Net interest income after provision for (reversal of) for credit losses | 105,477 | |||
| Salaries and employee benefits | 47,458 | |||
| Occupancy and equipment | 8,509 | |||
| Data processing | 4,326 | |||
| Professional services | 4,301 | |||
| Information technology | 2,046 | |||
| Federal deposit insurance corporation insurance | 1,807 | |||
| Depreciation and amortization | 1,264 | |||
| Directors' expense | 1,115 | |||
| Amortization of core deposit intangible | 875 | |||
| Charitable contributions | 657 | |||
| Deposit network fees | 476 | |||
| Other real estate owned | 0 | |||
| Other expense | 8,476 | |||
| Total non-interest expense | 81,310 | |||
| (loss) income before provision for income taxes | -52,483 | |||
| (benefit from) provision for income taxes | -16,808 | |||
| Net (loss) income | -35,675 | |||
| Change in net unrealized losses on available-for-sale securities | 10,250 | |||
| Reclassification adjustment for losses on available-for-sale securities included in net income | -88,202 | |||
| Reclassification adjustment for gains or losses for fair value hedges | 0 | |||
| Net unrealized losses on securities transferred from held-to-maturity to available-for-sale | 92,842 | |||
| Amortization of net unrealized loss on afs securities transferred to htm | 10,932 | |||
| Other comprehensive income, before tax | 16,542 | |||
| Deferred tax expense | 4,893 | |||
| Other comprehensive income, net of tax | 11,649 | |||
| Total comprehensive (loss) income | -24,026 | |||
| Basic EPS | -2.24 | |||
| Diluted EPS | -2.24 | |||
| Basic Average Shares | 15,942,000 | |||
| Diluted Average Shares | 15,942,000 | |||
Bank of Marin Bancorp (BMRC)
Bank of Marin Bancorp (BMRC)