Bank of Marin posts record Q3 profit Oct 20, 2009
Bank of Marin enjoyed a net interest margin of 5 ... In Marin County, one of the nation's wealthiest counties, Bank of Marin ranks third in market share based on deposits as of June 30, according to the latest figures from the Federal Deposit Insurance Corp. Bank of Marin holds 9 ... Bank of Marin s shares were up 5 percent, or $1. (San Francisco Business Times, CA)
Profile: Kjell Qvale A man for all seasons, ready for any race Jul 29, 2009
-- Went from minor investor in First National Bank of Marin in 1991 to sole owner. Sold in '05. (San Francisco Chronicle -- Sports)
Marine officer charged in stolen documents case Jul 16, 2009
Bank of Marin Bancorp Included in Russell 2000 Index. Bank of Marin Bancorp is proud to announce inclusion in the small-cap Russell 2000 Index as of June 26 when Russell Investments reconstituted its set of U.S. and global equity indexes ... "Bank of Marin Bancorp is a healthy, growing institution, and inclusion in the Russell 2000 Index is validation of our financial strength and stability and our success in serving our local communities," said Russell A. Colombo, President and Chief... (Fresno Bee -- State)
Movers and shakers Jul 12, 2009
Bank of Marin personnel Joan Capurro, Jaime Ortiz and Renee Rymer have been elected to community organization leadership roles in Marin County. Capurro is the new co-president of the Rotary Club of Ross Valley; Ortiz will serve on the board of directors for the Hispanic Chamber of Commerce of Marin; and Rymer will be vice president of the Marin Symphony Board. (San Francisco Chronicle -- Business)
Goldman Sachs to return $10B of bailout money Apr 15, 2009
Get information on education programs that could help you increase your earning power. Goldman Sachs will become the largest bank yet to repay federal government bailout money. (USA Today -- Money)
Distracted Congress Loses Focus on Credit Freeze Apr 14, 2009
Given the operating restrictions we experienced as a participant, we believe this decision is in the best interest of our customers, shareholders and employees, , president of Bank of Marin Bancorp of Novato, California, said in a. With bank reserves plentiful and very cheap -- cheaper than the 5 percent rate being earned by the preferred shares the government got in exchange for the TARP money -- there could be many more banks pulling out. (Bloomberg -- Columnists)
Marin County bank repays bailout money Apr 3, 2009
The banks are: Bank of Marin Bancorp of Novato, Calif. Iberiabank Corp. of Lafayette, La. (Fresno Bee -- Business)
5 Banks Repay $353M in Bailout Funds Apr 3, 2009
Bank of Marin Bancorp of Novato, Calif. Old National Bancorp. (ABC News -- Wire)
BUSINESS BRIEFS Apr 3, 2009
Signature Bank repaid 120 million; Old Na tional Bancorp repaid 100 million; Iberiabank Corp. repaid 90 million; Bank of Marin Bancorp repaid 28 million; and Centra Financial Hold ings repaid 15 million. TARP tally. (New York Post -- Business)
Why some banks returned rescue money Apr 2, 2009
A: Signature Bank, Old National Bancorp, Iberiabank and Bank of Marin Bancorp returned a total of $338 million, plus five percent interest. Q: If they didn't need the money, why did they take it. (AZCentral -- Business)
House OKs Bill Letting Treasury Set Banker Pay Apr 2, 2009
" Signature Bank of New York, Old National Bancorp of Indiana, Iberiabank of Louisiana, and Bank of Marin Bancorp of Novato, Calif., recently became the first four banks to return Tarp money. The total returned was almost $340 million. The Treasury estimates that at least $25 billion in Tarp funds will be returned. Several banking giants, including Goldman Sachs () and Bank of America (), have voiced plans or hopes to do so this year. But some smaller banks are less concerned. "We don't see it... (Investors Business Daily)