Bank of Marin Bancorp disclosed Q4 2025 financial results via Exhibit 99.1 in an 8-K filing ahead of management participation in the Stephens Virtual West Coast Bank Trip on March 11, 2026. Key highlights include record loan funding, securities portfolio repositioning, improved net interest margin, and strong capital ratios.
Key takeaways
Newly funded loans $106.5MM in Q4 2025 (highest since Q4 2015) vs $69.0MM in Q3
Sold $593.2MM HTM securities (pre-tax loss $69.5MM), redeployed at 4.26% yield, issued $45MM subordinated debt at 6.75%
Tax-equivalent NIM 3.18% in Q4 vs 2.97% prior quarter; December 2025 at 3.27%
Deposits up 3.90% annualized, cost 1.35%; non-interest bearing 36.7% of total
Non-accrual loans 1.51% of total (down from 1.57% prior quarter); classified 2.36% (down from 2.95%)
Total risk-based capital 16.13%; tangible book value per share $19.87 as of 12/31/25