Bank of Marin Bancorp (NASDAQ:BMRC) Files An 8-K Other Events

Bank of Marin Bancorp (NASDAQ:BMRC) Files An 8-K Other Events
Item 8.01

On August 30, 2019, Russell A. Colombo, the President and CEO of Bank of Marin Bancorp and Bank of Marin, entered into a 10b5-1 trading plan (the “Plan”) providing for the sale of up to 10,000 shares of BMRC common stock over time. The Plan was entered into based on the advice of Mr. Colombo’s financial advisor for purposes of diversifying his equity investments. Mr. Colombo will continue to maintain significant ownership of BMRC shares. Trades under the Plan will not commence until September 16, 2019.
About Bank of Marin Bancorp (NASDAQ:BMRC)

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Bank of Marin Bancorp (Bancorp) is the holding company for Bank of Marin (the Bank). The Company’s customer base is made up of business and personal banking relationships from the communities near the branch office locations. Its business banking focus is on small to medium-sized businesses, professionals and not-for-profit organizations. The Company operates through approximately 20 offices in Marin, Sonoma, San Francisco, Napa and Alameda counties, with a focus on supporting the local communities. It makes international banking services available to its customers indirectly through other financial institutions, with whom it has correspondent banking relationships. It offers a range of commercial and retail deposit and lending programs. Its lending categories include commercial real estate loans, commercial and industrial loans, construction financing, consumer loans and home equity lines of credit. It also offers Wealth Management and Trust Services (WMTS).

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