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Condensed Bank of Marin Bancorp Parent Only Financial Statements (Tables)
12 Months Ended
Dec. 31, 2014
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Schedule of Condensed Balance Sheet
Presented below is financial information for Bank of Marin Bancorp, parent holding company only.

CONDENSED UNCONSOLIDATED STATEMENTS OF CONDITION
at December 31, 2014 and 2013
 
 
 
 
 
At December 31,
(in thousands)
2014
 
2013
 
 
 
 
Assets
 
 
 
   Cash and due from Bank of Marin
$
3,228

 
$
8,664

   Investment in bank subsidiary
201,609

 
177,028

   Other assets
454

 
366

     Total assets
$
205,291

 
$
186,058

 
 
 
 
Liabilities and Stockholders' Equity
 
 
 
   Subordinated debentures
$
5,185

 
$
4,969

   Accrued expenses payable
80

 
202

     Total liabilities
5,265

 
5,171

   Stockholders' equity
200,026

 
180,887

     Total liabilities and stockholders' equity
$
205,291

 
$
186,058

Schedule of Condensed Income Statement
CONDENSED UNCONSOLIDATED STATEMENTS OF INCOME
for the fiscal years ended December 31, 2014, 2013 and 2012
 
 
 
 
 
 
 
Years ended December 31,
(in thousands)
2014
 
2013
 
2012
 
 
 
 
 
 
Income
 
 
 
 
 
   Dividends from bank subsidiary
$

 
$
28,000

 
$
2,700

   Miscellaneous Income
8

 

 

     Total income
8

 
28,000

 
2,700

 
 
 
 
 
 
Expense
 
 
 
 
 
   Interest expense
421

 
34

 

   Non-interest expense
851

 
1,313

 
716

     Total expense
1,272

 
1,347

 
716

 
 
 
 
 
 
(Loss) income before income taxes and equity in undistributed net income of subsidiary
(1,264
)
 
26,653

 
1,984

   Income tax benefit
532

 
382

 
301

(Loss) income before equity in undistributed net income of subsidiary
(732
)
 
27,035

 
2,285

Earnings of bank subsidiary greater (less) than dividends received from bank subsidiary
20,503

 
(12,765
)
 
15,532

     Net income
$
19,771

 
$
14,270

 
$
17,817

 
 
 
 
 
 
Schedule of Condensed Cash Flow Statement
CONDENSED UNCONSOLIDATED STATEMENTS OF CASH FLOWS
for the fiscal years ended December 31, 2014, 2013 and 2012
 
 
 
 
 
 
 
Years ended December 31,
(in thousands)
2014
 
2013
 
2012
 
 
 
 
 
 
Cash Flows from Operating Activities:
 
 
 
 
 
Net income
$
19,771

 
$
14,270

 
$
17,817

Adjustments to reconcile net income to net cash (used in)provided by operating activities:
 
 
 
 
 
Earnings of bank subsidiary (greater) less than
  dividends received from bank subsidiary
(20,503
)
 
12,765

 
(15,532
)
Net change in operating assets and liabilities
 
 
 
 
 
       Accretion of discount on subordinated debentures
216

 
19

 

Other assets
(88
)
 
74

 
(71
)
Other liabilities
(99
)
 
165

 
(6
)
Net cash (used in) provided by operating activities
(703
)
 
27,293

 
2,208

 
 
 
 
 
 
Cash Flows from Investing Activities:
 
 
 
 
 
Capital contribution to subsidiary
(1,475
)
 
(2,258
)
 
(1,070
)
Cash consideration paid for acquisition, net of cash
  acquired

 
(15,952
)
 

Net cash used in investing activities
(1,475
)
 
(18,210
)
 
(1,070
)
 
 
 
 
 
 
Cash Flows from Financing Activities:
 
 
 
 
 
Stock options exercised and stock purchases
1,475

 
2,258

 
1,070

Dividends paid on common stock
(4,733
)
 
(3,970
)
 
(3,751
)
Net cash used by financing activities
(3,258
)
 
(1,712
)
 
(2,681
)
 
 
 
 
 
 
Net (decrease) increase in cash and cash equivalents
(5,436
)
 
7,371

 
(1,543
)
 
 
 
 
 
 
Cash and cash equivalents at beginning of period
8,664

 
1,293

 
2,836

Cash and cash equivalents at end of period
$
3,228

 
$
8,664

 
$
1,293

 
 
 
 
 
 
Supplemental schedule of non-cash investing and financing activities:
 
 
 
 
 
Stock issued in payment of director fees
$
236

 
$
222

 
$
199

    Acquisition:
 
 
 
 
 
    Fair value of assets acquired
$

 
$
39,503

 
$

    Fair value of liabilities assumed
$

 
$
4,970

 
$

Stock issued to NorCal Community Bancorp shareholders
$

 
$
18,514

 
$