KBRA Assigns Ratings to Bank of Marin Bancorp
Core Points - KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Bank of Marin Bancorp [1] - The main subsidiary, Bank of Marin, receives deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 [1] - The Outlook for all long-term ratings is Stable [1]