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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	103.17	101.48	98.51	93.87	91.61	84.67
Interest Income on Investments	43.9	39.79	40.99	36.17	16.74	14.96
Total Interest Income	147.07	141.27	139.49	130.04	108.35	99.64
Interest Paid on Deposits	42.79	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	42.79	46.61	36.73	2.55	3.4	2.98
Net Interest Income	104.28	94.66	102.76	127.49	104.95	96.66
Net Interest Income Growth (YoY)	11.30%	-7.88%	-19.40%	21.48%	8.58%	1.02%
Trust Income	2.32	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	-7.25	-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	97.03	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	97.19	67.98	105.2	138.69	116.42	99.05
Revenue Growth (YoY)	63.71%	-35.38%	-24.15%	19.13%	17.55%	-4.00%
Salaries and Employee Benefits	43.22	42.39	41.21	39.5	36.42	31.68
Occupancy Expenses	4.9	4.8	4.91	4.31	4.21	4.59
Federal Deposit Insurance	1.69	1.86	1.88	1.18	0.89	0.47
Amortization of Goodwill & Intangibles	0.9	0.98	1.35	1.49	1.14	0.85
Selling, General & Administrative	19.85	20.54	19.41	20.23	17.77	15.11
Other Non-Interest Expense	11.49	10.57	9.96	7.5	5.17	4.72
Total Non-Interest Expense	82.65	81.82	79.48	75.27	66.18	58.46
EBT Excluding Unusual Items	14.54	-13.84	25.72	63.42	50.24	40.59
Pretax Income	14.54	-13.84	26.04	63.51	44.89	40.59
Income Tax Expense	4.67	-5.43	6.14	16.92	11.66	10.35
Net Income	9.87	-8.41	19.9	46.59	33.23	30.24
Net Income to Common	9.87	-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)	-0.61%	0.10%	0.36%	10.73%	5.91%	-1.28%
EPS (Basic)	0.62	-0.52	1.24	2.93	2.32	2.24
EPS (Diluted)	0.62	-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	32.13%	-	23.59%	26.65%	25.97%	25.49%

Updated Oct 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q