Bank of Marin Bancorp (BMRC) 2009年年度报告「NASDAQ」.pdf

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1、A Bright Horizon2009 annual reportThough 2009 was a turbulent and challenging time for many institutions,Bank of Marin remained strong and stable,a reflection of the confidence and trust our community places in us.financial performance(dollars in thousands,except per share data)20092008200720062005A

2、t December 31Total assets$1,121,672$1,049,557$933,901$876,578$840,449 Total loans 917,748 890,544 724,878 719,778 686,661 Total deposits 944,061 852,290 834,642 736,697 721,172 Total stockholders equity 109,051 125,546 87,774 89,525 78,221 Equity-to-asset ratio9.7%12.0%9.4%10.2%9.3%For the Year Ende

3、d December 31Net income 12,765 12,150 12,324 11,883 11,737 Net income per share(diluted)1 2.19 2.31 2.31 2.11 2.12 Cash dividend payout ratio on common stock225.8%23.9%21.4%20.8%8.4%As of December 31Total Capital(to risk-weighted assets)12.33%14.08%12.06%12.56%11.52%1 Restated for all stock dividend

4、s and stock splits.2 Calculated as dividends on common share divided by basic net income per common share.Cover Photo:San Francisco Bay looking east from the Larkspur Landing Ferry Terminal.page 1Sincerely,*Based on total deposit market share for Marin County-headquartered banks,FDIC,June 2009Joel S

5、klar,MD Chairman of the BoardRussell A.Colombo President and Chief Executive OfficerDear Fellow Shareholdersbank of marin bancorp 2009 annual reportOur 20th year in business was a remarkable one for Bank of Marin.Despite the challenging economy,we posted strong results and grew our position to the n

6、umber one community bank in Marin County.*Our continued success is due to three important factors:our focus on conservative banking fundamentals,our dedication to customer relationships,and our commitment to the communities we serve.We experienced growth in several areas,including annual earnings of