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Overview / Commentary
415-763-4520
504 Redwood Boulevard, Suite 100
Novato, CA 94947

Bank of Marin is headquartered in Novato and is the 37th largest bank in the state of California. It is also the 392nd largest bank in the nation. It was established in 1990 and as of March of 2014, it had grown to 277 employees at 24 locations. Bank of Marin has a A+ health rating.

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Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Bank of Marin had $10.56 million in non-current loans and owned real-estate with $197.84 million in equity and loan loss allowances on hand to cover it. This gives Bank of Marin a Texas Ratio of 5.34% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Bank of Marin decreased dramatically from 9.27% as of March 31, 2013 to 5.34% as of March 31, 2014, resulting in a positive change of 42.40%.This indicates that the balance sheet and financial strength for Bank of Marin has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Bank of Marin has increased its total deposits by $346.56 million, resulting in 28.02% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Marin has shown is excellent.

Capitalization

GRADE:
A

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Marin has $1.8 billion in assets with $197.84 million in equity, resulting in a capitalization level of 11.01%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #32779
Year Established1990
Employees277
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.80 billion
Loans$1.26 billion
Deposits$1.58 billion
Equity Capital$183.60 million
Loan Loss Allowance$14.23 million
Unbacked Noncurrent Loans$10.10 million
Real Estate Owned$461,000
Historic Data - March 2013
Assets$1.43 billion
Equity Capital$151.56 million
Loan Loss Allowance$13.43 million
Unbacked Noncurrent Loans$10.10 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.29%
Return on Assets1.05%
Return on Equity10.47%
Interest Income$18.50 million
Rates

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Locations

Bank of Marin has 18 locations. Click to view all Bank of Marin locations.