Bank of Marin Bancorp (BMRC) Registration Filing summary

Company overview and business model

• Operates as a bank holding company with a focus on business, not-for-profit, and personal banking in Northern California, offering a full suite of financial products and services through 27 retail branches and 8 commercial banking offices.

• Provides commercial real estate, industrial, construction, consumer loans, and home equity lines, as well as deposit, payment, and treasury management solutions.

• Offers wealth management, trust, and international banking services through correspondent relationships.

• Emphasizes community engagement, employee development, and diversity, with recognition as a top workplace.

Financial performance and metrics

• As of September 30, 2024: total assets of $3.8 billion, gross loans of $2.09 billion, total deposits of $3.3 billion, and shareholder's equity of $437.0 million.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, with temporary investment in short-term marketable securities or repayment of borrowings as needed.