Bank of Marin Bancorp (BMRC) 2014年年度报告「NASDAQ」.pdf

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1、Focused Growth2014 Annual ReportWe recently commemorated 25 years in business.Our focus on community and business banking has proven to be a successful formula and will continue to guide us in the years ahead.Financial Performance(dollars in thousands,except per share data)20142013201220112010At Dec

2、ember 31,Total assets$1,787,130$1,805,194$1,434,749$1,393,263$1,208,150 Total loans 1,363,351 1,269,322 1,073,952 1,031,154 941,400 Total deposits 1,551,619 1,587,102 1,253,289 1,202,972 1,015,739 Total stockholders equity200,026180,887151,792 135,551 121,920 Equity-to-asset ratio11.2%10.0%10.6%9.7%

3、10.1%For the Year Ended December 31,Net income$19,771$14,270$17,817$15,564$13,552 Net income per share(diluted)3.29 2.57 3.28 2.89 2.55 Cash dividend payout ratio on common stock123.9%27.9%21.0%22.1%23.6%As of December 31,Total Capital(to risk-weighted assets)13.90%13.20%13.71%13.13%13.34%1 Calculat

4、ed as dividends on common share divided by basic net income per common share.With much excitement and fanfare,we celebrated 25 years in business on January 23,2015.Our continued commitment to building strong customer relationships combined with steady loan growth led to record earnings of$19.8 milli

5、on for the year,a 39%increase from the prior year.Due to our diligent oversight,credit quality remains excellent.We also completed a successful integration of Bank of Alameda and are poised for growth in the East Bay with two retail branches in Alameda and a Commercial Banking Office in downtown Oak

6、land.The strength of the economy in the Bay Area makes this region an optimal place to do business.The local economy is very strong,with the highest economic productivity in the U.S.nearly twice the national average.We are well positioned to take advantage of this unique business environment and are