Strong Earnings Per Share Growth
Bank of Marin reported a 67% year-over-year increase in earnings per share for Q1 2025, driven by improved financial performance and prudent balance sheet management.
Net Interest Margin Improvement
The net interest margin increased by 36 basis points year-over-year in Q1 2025, helped by a 7 basis point decrease in deposit costs and strategic balance sheet management.
Deposit Growth
Total deposits grew by $82 million in Q1 2025, with noninterest-bearing deposits contributing $26 million to this increase.
Commercial Loan Origination Increase
Commercial loan originations were $49 million, with $43 million in fundings, marking a fivefold increase compared to the first quarter of the previous year.
Strong Capital Ratios
The bank reported a total risk-based capital ratio of 16.69% and a TCE ratio of 9.82%, indicating strong capital positioning.