Bank of Marin Bancorp

Bank of Marin Bancorp reported a net loss of $35.7 million for FY 2025, a significant deterioration from a net loss of $8.4 million in FY 2024. The primary driver was a substantial net loss of $88.2 million on the sale of investment securities, which contributed to total non-interest income of -$76.7 million. This was partially offset by net interest income of $106.0 million, up from $91.6 million in the prior year, driven by total interest income of $152.4 million. Total assets grew to $3.90 billion from $3.70 billion, while stockholders' equity decreased to $394.7 million from $435.4 million. The company's comprehensive loss was $24.0 million, and it paid $16.1 million in cash dividends on common stock. The filing includes a restatement of prior periods related to deposit classification errors.

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