Bank of Marin Bancorp (BMRC)

Bank of Marin Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	102.4	101.48	98.51	93.87	91.61	84.67
Interest Income on Investments	41.92	39.79	40.99	36.17	16.74	14.96
Total Interest Income	144.32	141.27	139.49	130.04	108.35	99.64
Interest Paid on Deposits	43.96	46.37	25.17	2.46	2.03	2.82
Interest Paid on Borrowings	0	0.24	11.56	0.09	1.37	0.16
Total Interest Expense	43.97	46.61	36.73	2.55	3.4	2.98
Net Interest Income	100.36	94.66	102.76	127.49	104.95	96.66
Net Interest Income Growth (YoY)	6.88%	-7.88%	-19.40%	21.48%	8.58%	1.02%
Trust Income	2.46	2.42	2.15	2.23	2.22	1.85
Gain (Loss) on Sale of Investments	-18.74	-32.54	-5.89	-0.06	-0.02	0.92
Other Non-Interest Income	6.98	6.6	6.34	6.65	5.23	4.47
Total Non-Interest Income	-7.11	-21.36	4.68	10.82	9.03	8.55
Non-Interest Income Growth (YoY)	-	-	-56.78%	19.79%	5.64%	0.33%
Revenues Before Loan Losses	93.25	73.3	107.44	138.31	113.98	105.21
Provision for Loan Losses	-0.16	5.32	2.23	-0.38	-2.44	6.16
Revenue	93.41	67.98	105.2	138.69	116.42	99.05
Revenue Growth (YoY)	59.35%	-35.38%	-24.15%	19.13%	17.55%	-4.00%
Salaries and Employee Benefits	41.89	42.39	41.21	39.5	36.42	31.68
Occupancy Expenses	5.16	4.8	4.91	4.31	4.21	4.59
Federal Deposit Insurance	1.81	1.86	1.88	1.18	0.89	0.47
Amortization of Goodwill & Intangibles	0.93	0.98	1.35	1.49	1.14	0.85
Selling, General & Administrative	20.31	20.54	19.41	20.23	17.77	15.11
Other Non-Interest Expense	10.84	10.57	9.96	7.5	5.17	4.72
Total Non-Interest Expense	81.51	81.82	79.48	75.27	66.18	58.46
EBT Excluding Unusual Items	11.9	-13.84	25.72	63.42	50.24	40.59
Pretax Income	11.9	-13.84	26.04	63.51	44.89	40.59
Income Tax Expense	4.99	-5.43	6.14	16.92	11.66	10.35
Net Income	6.91	-8.41	19.9	46.59	33.23	30.24
Net Income to Common	6.91	-8.41	19.9	46.59	33.23	30.24
Net Income Growth	-	-	-57.29%	40.20%	9.87%	-11.68%
Basic Shares Outstanding	16	16	16	16	14	14
Diluted Shares Outstanding	16	16	16	16	14	14
Shares Change (YoY)	-0.49%	0.10%	0.36%	10.73%	5.91%	-1.28%
EPS (Basic)	0.43	-0.52	1.24	2.93	2.32	2.24
EPS (Diluted)	0.43	-0.52	1.24	2.92	2.30	2.22
EPS Growth	-	-	-57.53%	26.96%	3.60%	-10.48%
Dividend Per Share	1.000	1.000	1.000	0.980	0.940	0.920
Dividend Growth	-	-	2.04%	4.25%	2.17%	15.00%
Effective Tax Rate	41.92%	-	23.59%	26.65%	25.97%	25.49%

Updated Jul 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q