Bank of Marin Bancorp Files 8-K on Director/Officer Changes
Ticker: BMRC · Form: 8-K · Filed: Jan 2, 2025 · CIK: 1403475
| Field | Detail |
|---|---|
| Company | Bank Of Marin Bancorp (BMRC) |
| Form Type | 8-K |
| Filed Date | Jan 2, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $365,000, $146,500 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-changes, filing
Related Tickers: BMRC
TL;DR
BMRC 8-K: New directors elected, officer appointments made, and compensation details disclosed.
AI Summary
On January 2, 2025, Bank of Marin Bancorp filed an 8-K report detailing changes in its board of directors and executive officers. The filing includes information on the election of new directors and the appointment of certain officers, along with details regarding their compensatory arrangements. This report also covers financial statements and exhibits relevant to the company's operations.
Why It Matters
Changes in a company's board and executive team can signal shifts in strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of corporate governance and personnel changes, not indicating immediate financial distress or significant operational shifts.
Key Numbers
- 001-33572 — SEC File Number (Identifies the company's filing with the SEC.)
- 20250102 — Report Date (Date of the earliest event reported in the 8-K.)
Key Players & Entities
- Bank of Marin Bancorp (company) — Registrant
- California (jurisdiction) — State of incorporation
- 504 Redwood Blvd., Suite 100, Novato, CA 94947 (address) — Principal executive office
FAQ
What specific items are covered in this 8-K filing?
This 8-K filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on January 2, 2025.
What is the principal executive office address for Bank of Marin Bancorp?
The principal executive office address is 504 Redwood Blvd., Suite 100, Novato, CA 94947.
What is the SIC code for Bank of Marin Bancorp?
The Standard Industrial Classification (SIC) code for Bank of Marin Bancorp is 6022, which corresponds to STATE COMMERCIAL BANKS.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
Filing Stats: 840 words · 3 min read · ~3 pages · Grade level 12.6 · Accepted 2025-01-02 17:12:59
Key Financial Figures
- $365,000 — ccorso will be paid an annual salary of $365,000, subject to annual reviews commencing o
- $146,500 — des him an annual retirement benefit of $146,500 for a duration of 15 years. The SERP
Filing Documents
- bmrc-20250102.htm (8-K) — 31KB
- a101serpbonaccorso.htm (EX-10.1) — 44KB
- a102cicbonaccorso.htm (EX-10.2) — 25KB
- a101serpbonaccorso001.jpg (GRAPHIC) — 210KB
- a101serpbonaccorso002.jpg (GRAPHIC) — 236KB
- a101serpbonaccorso003.jpg (GRAPHIC) — 204KB
- a101serpbonaccorso004.jpg (GRAPHIC) — 219KB
- a101serpbonaccorso005.jpg (GRAPHIC) — 220KB
- a101serpbonaccorso006.jpg (GRAPHIC) — 244KB
- a101serpbonaccorso007.jpg (GRAPHIC) — 221KB
- a101serpbonaccorso008.jpg (GRAPHIC) — 247KB
- a101serpbonaccorso009.jpg (GRAPHIC) — 268KB
- a101serpbonaccorso010.jpg (GRAPHIC) — 282KB
- a101serpbonaccorso011.jpg (GRAPHIC) — 242KB
- a101serpbonaccorso012.jpg (GRAPHIC) — 225KB
- a101serpbonaccorso013.jpg (GRAPHIC) — 220KB
- a101serpbonaccorso014.jpg (GRAPHIC) — 84KB
- a102cicbonaccorso001.jpg (GRAPHIC) — 259KB
- a102cicbonaccorso002.jpg (GRAPHIC) — 304KB
- a102cicbonaccorso003.jpg (GRAPHIC) — 220KB
- a102cicbonaccorso004.jpg (GRAPHIC) — 200KB
- a102cicbonaccorso005.jpg (GRAPHIC) — 209KB
- a102cicbonaccorso006.jpg (GRAPHIC) — 285KB
- a102cicbonaccorso007.jpg (GRAPHIC) — 235KB
- a102cicbonaccorso008.jpg (GRAPHIC) — 55KB
- 0001403475-25-000003.txt ( ) — 6987KB
- bmrc-20250102.xsd (EX-101.SCH) — 2KB
- bmrc-20250102_lab.xml (EX-101.LAB) — 22KB
- bmrc-20250102_pre.xml (EX-101.PRE) — 13KB
- bmrc-20250102_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 10.1 S alary Continuation Agreement by and between Bank of Marin and Dave Bonaccorso, dated January 2, 2025 10.2 F orm of change in control agreement entered into with Dave Bonaccorso 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 2, 2025 BANK OF MARIN BANCORP By: /s/ Tim Myers Tim Myers President and Chief Executive Officer (Principal Executive Officer)