Bank of Marin Bancorp SEC filings document the regulatory record of a California bank holding company whose common stock trades on Nasdaq under BMRC. The filings identify Bank of Marin as its wholly owned banking subsidiary and cover financial results, capital structure, registered securities, and material events affecting the company.
BMRC filings include Form 8-K reports for quarterly operating results, Regulation FD investor presentations, dividend disclosures, corporate governance and officer appointments, and accounting matters involving non-reliance on previously issued financial statements. Its proxy materials document board elections, executive compensation, equity awards, pay-versus-performance disclosures, and shareholder voting matters.
Bank of Marin Bancorp executive Sathis Arasadi reported stock-based compensation and related tax withholding transactions. On March 2, 2026, he acquired 6,393 shares of common stock as a grant or award at $0.00 per share.
To cover tax obligations, he disposed of 260 shares on March 2, 2026 at $25.06 per share and 245 shares on March 3, 2026 at $25.03 per share through tax-withholding dispositions. Following these transactions, he directly held 18,638 shares of common stock, with an additional 404.2208 shares held indirectly through an ESOP account.
Bank of Marin Bancorp Executive Vice President Brandi Campbell reported equity compensation and related tax withholding transactions in company stock. On March 2, 2026, Campbell received a grant of 6,454 shares of common stock at a stated price of $0.00 per share as a stock award.
To cover tax obligations, a total of 721 shares of common stock were disposed of through two tax-withholding transactions coded “F” on March 2 and March 3, 2026, at prices of $25.06 and $25.03 per share. After these transactions, Campbell directly held 25,357 common shares and also had 2,326.0639 common shares held indirectly through an ESOP, along with several stock option positions with updated outstanding amounts.
Bank of Marin Bancorp executive vice president Misako Stewart reported routine equity compensation moves. On March 2, 2026, she acquired 6,492 shares of common stock as a grant at $0.00 per share, then had 31,797 shares directly owned. On March 2 and 3, the company withheld 536 and 254 shares, respectively, at about $25.06 and $25.03 per share to cover tax obligations, leaving her with 31,007 directly owned shares. She also indirectly holds 4,623.5366 shares through an ESOP as of March 2, 2026.
Bloom David A reported acquisition or exercise transactions in this Form 4 filing.
Bank of Marin Bancorp executive vice president David A. Bloom received a grant of 6,496 shares of common stock on March 2, 2026, as an equity award with no cash price per share. Following this grant, he directly owns 23,565 common shares.
Bank of Marin Bancorp EVP and CFO David Bonaccorso reported two stock transactions. On March 2, 2026, he acquired 7,291 shares of common stock as a grant or award, bringing his holdings to 18,338 shares directly owned. On March 3, 2026, 278 shares were disposed of at $25.03 per share to cover tax obligations by delivering shares, a non‑open‑market transaction, leaving him with 18,060 shares of common stock directly owned.
Bank of Marin Bancorp President & CEO Timothy D. Myers reported equity compensation and related tax transactions in company stock. On March 2, he received a grant of 37,403 shares of common stock at no cost, increasing his direct holdings to 137,662.3268 shares. To cover tax obligations, he disposed of 1,697 shares at $25.06 on March 2 and 1,037 shares at $25.03 on March 3 through share withholding, leaving 134,928.3268 shares held directly. He also reports 14,786.186 shares of common stock held indirectly through an ESOP and several stock option positions with staged vesting based on annual exercisability schedules.
Bank of Marin Bancorp Executive Vice President Robert Gotelli increased his ownership through an option exercise. On February 27, 2026, he exercised stock options for 1,200 shares of common stock at $24.83 per share, converting derivative securities into directly held stock.
Following this transaction, his directly owned common stock position rose to 33,971 shares. The filing also shows indirect ownership of 17,151.0485 shares of common stock held by an ESOP, reflecting shares associated with his employment-related plan.
Bank of Marin Bancorp furnished an investor presentation tied to its participation in the Piper Sandler Western Bank Forum, outlining fourth-quarter and full-year 2025 performance and balance sheet actions. The company has $3.9 billion in total assets and a $418.8 million market cap as of December 31, 2025.
In Q4 2025, newly funded loans reached $106.5 million, driving loans up 5.84% annualized, while tax-equivalent net interest margin improved to 3.18% from 2.97%. The bank sold $593.2 million of legacy held-to-maturity securities, recognizing a $69.5 million pre-tax loss, and issued $45 million of subordinated debt at 6.75% to replenish capital.
Non-interest-bearing deposits were 36.7% of total deposits, with a 1.35% cost of deposits and $2.148 billion in available liquidity. Despite a Q4 2025 GAAP net loss of $39.5 million and a full-year GAAP net loss of $35.7 million, non-GAAP comparable net income was $9.4 million for Q4 and $26.5 million for 2025, supported by strong capital ratios including 16.13% total risk-based capital.
Bank of Marin Bancorp announced that past financial statements for 2023, 2024 and multiple 2024–2025 quarters should no longer be relied upon because of material classification errors in deposits and related interest expense.
Certain reciprocal network deposits were incorrectly reported as non-interest bearing instead of interest-bearing, and related costs were recorded as non-interest expense rather than interest expense. The company states these errors did not change net income or earnings per share, nor total deposits or stockholders’ equity, but they did materially affect key metrics such as non-interest bearing deposit levels, interest expense, net interest income, net interest margin, cost of deposits and efficiency ratios.
Management plans to restate the affected periods and is evaluating internal control over financial reporting as of December 31, 2025, with any material weaknesses and remediation steps to be disclosed in the upcoming Form 10‑K.
A BMRC shareholder has filed a notice of proposed sale of 1,036 common shares, with an aggregate market value of $28,490.00. The planned sale is to be executed through Charles Schwab Corporation on or about 02/05/2026 on the NASDAQ exchange.
The securities were originally acquired as restricted stock awards, including 799 shares on 03/01/2023 and 237 shares on 04/27/2023 as equity compensation from the issuer. The issuer reports 16,094,686 shares outstanding, providing context for the size of this planned sale.