Bank of Marin Bancorp(US:BMRC)2025-04-28 23:01Financial Highlights - Bank of Marin Bancorp's total assets reached $3.8 billion as of March 31, 2025[5] - The company's total risk-based capital remained strong at 16.69%[8] - The bank's immediate available net funding was $1.9 billion, representing 203% coverage of estimated uninsured deposits[8] Deposit and Loan Portfolio - Total deposits increased by $82 million, including $26.6 million in non-interest bearing deposits[8] - Non-interest bearing deposits remained a strong 43.2% of total deposits, which totaled $3.30 billion[8, 26] - The bank originated $63.6 million in new loans, with $47.4 million funded, including $50.2 million in commercial loans ($43.2 million funded)[8] Net Interest Margin and Liquidity - Tax-equivalent net interest margin increased to 2.86% from 2.80%, reflecting the reduction in cost of deposits[8] - The bank's liquidity position is strong, with $1.9174 billion in net availability, covering 203% of estimated uninsured deposits[20] Loan Portfolio Diversification - The loan portfolio is well-diversified, with non-owner occupied commercial real estate (NOO-CRE) representing 62% of the $2.1 billion total loan portfolio[37] - The NOO-CRE portfolio is further diversified by property type, including office (28%), mixed use (9%), retail (19%), warehouse & industrial (11%), and multi-family (16%)[37]