Bank of Marin Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	104.43	101.48	98.51	93.87	91.61
Interest Income on Investments	48	39.79	40.99	36.17	16.74
Total Interest Income	152.43	141.27	139.49	130.04	108.35
Interest Paid on Deposits	41.82	46.37	25.17	2.46	2.03
Interest Paid on Borrowings	0.38	0.24	11.56	0.09	1.37
Total Interest Expense	42.2	46.61	36.73	2.55	3.4
Net Interest Income	110.23	94.66	102.76	127.49	104.95
Net Interest Income Growth (YoY)	16.45%	-7.88%	-19.40%	21.48%	8.58%
Trust Income	2.31	2.42	2.15	2.23	2.22
Gain (Loss) on Sale of Investments	-88.2	-32.54	-5.89	-0.06	-0.02
Other Non-Interest Income	7.05	6.6	6.34	6.65	5.23
Total Non-Interest Income	-76.65	-21.36	4.68	10.82	9.03
Non-Interest Income Growth (YoY)	-	-	-56.78%	19.79%	5.64%
Revenues Before Loan Losses	33.58	73.3	107.44	138.31	113.98
Provision for Loan Losses	0.56	5.32	2.23	-0.38	-2.44
Revenue	33.02	67.98	105.2	138.69	116.42
Revenue Growth (YoY)	-51.43%	-35.38%	-24.15%	19.13%	17.55%
Salaries and Employee Benefits	47.46	42.39	41.21	39.5	36.42
Occupancy Expenses	9.77	4.8	4.91	4.31	4.21
Federal Deposit Insurance	1.81	1.86	1.88	1.18	0.89
Amortization of Goodwill & Intangibles	0.88	0.98	1.35	1.49	1.14
Selling, General & Administrative	11.79	20.54	19.41	20.23	17.77
Other Non-Interest Expense	13.15	10.57	9.96	7.5	5.17
Total Non-Interest Expense	85.51	81.82	79.48	75.27	66.18
EBT Excluding Unusual Items	-52.48	-13.84	25.72	63.42	50.24
Pretax Income	-52.48	-13.84	26.04	63.51	44.89
Income Tax Expense	-16.81	-5.43	6.14	16.92	11.66
Net Income	-35.68	-8.41	19.9	46.59	33.23
Net Income to Common	-35.68	-8.41	19.9	46.59	33.23
Net Income Growth	-	-	-57.29%	40.20%	9.87%
Basic Shares Outstanding	16	16	16	16	14
Diluted Shares Outstanding	16	16	16	16	14
Shares Change (YoY)	-0.62%	0.10%	0.36%	10.73%	5.91%
EPS (Basic)	-2.24	-0.52	1.24	2.93	2.32
EPS (Diluted)	-2.24	-0.52	1.24	2.92	2.30
EPS Growth	-	-	-57.53%	26.96%	3.60%
Dividend Per Share	1.000	1.000	1.000	0.980	0.940
Dividend Growth	-	-	2.04%	4.25%	2.17%
Effective Tax Rate	-	-	23.59%	26.65%	25.97%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q