North Bay Business Journal

  • Strong 2011 puts Exchange Bank closer to ‘primary objective’ of dividend

    February 6th, 2012

    Santa Rosa-based Exchange Bank earned $12.2 million in net income over the course of 2011, a 19 percent increase from the prior year that the bank attributed to developments such as strong core earnings and a reduction in problem assets.

  • Bank of Marin reports profit in 2011

    January 20th, 2012

    NOVATO — Bank of Marin Bancorp (NASDAQ: BMRC), the parent company of Bank of Marin, announced today that the bank’s annual net income increased by 14.8 percent in 2011.

  • Bank of Marin: ‘Investing … in wellness is simply saying it cares’

    November 28th, 2011

    Bank Marin: “By investing in meaningful health benefits and wellness programs the bank is simply saying that it cares about its people.”

  • Banking: BofA hires wealth advisers; Circle, Bank of Marin earnings rise

    October 31st, 2011

    Bank of America has hired 10 advisers across Sonoma and Marin counties for its Merrill Edge Financial Solutions Advisers division.

  • Bank of Marin reports 26 percent increase in earnings

    October 24th, 2011

    NOVATO – Shareholders of the Novato-based Bank of Marin will see a 1-cent increase in their quarterly cash dividend after the bank’s board of directors voted to increase the payment to 17 cents per share on Friday. The vote came after the bank’s $4.2 million in reported earnings for the third quarter of 2011, up 26 percent from the same quarter last year, according to a release from the bank today.

  • Bank of Marin opens Sonoma branch

    October 3rd, 2011

    Bank of Marin opened the doors of a new 3,000-square-foot branch in downtown Sonoma today, the third branch opened this year and the fifth to date in Sonoma County.

  • North Bay CFO Awards 2011: Chris Cook, Bank of Marin

    August 15th, 2011

    In today’s fluctuating economy, one must be a steward for the financial health of the organization, ever mindful of costs, risks, and opportunities. It’s all about staying in balance.

  • Bank of Marin earnings rise 3 percent for second quarter

    July 25th, 2011

    NOVATO — Bank of Marin Bancorp (Nasdaq: BMRC), parent company of Bank of Marin, today announced second-quarter earnings of $3.4 million, up 3 percent from $3.3 million in the second quarter of 2010.

  • Bank of Marin again a US Banker top bank

    July 14th, 2011

    NOVATO – Bank of Marin Bancorp (NASDAQ: BMRC) has been named to US Banker’s list of the top 200 community banks for the fifth consecutive year.

  • Bankers: Regulatory expansion will drive industry consolidation

    July 11th, 2011

    SANTA ROSA — The high cost of complying with burgeoning regulation will be the cause of even more bank consolidation than has occurred as a result of the recession, experts say.

  • Banking & finance: Clairmail gains new security certification

    July 4th, 2011

    Clairmail, Inc., a mobile banking and payment solutions company, has taken its security levels up a notch with RSA Secured Partner Program. … Bank of Marin Bancorp has officially opened its Santa Rosa branch office at 50 Santa Rosa Ave. The bank had been operating a loan production office at this location since October and is now open to the public for all banking business, including ATM services. … Exchange Bank hired Robyn Hettrich as Senior Human Resources Business Partner. … Summit State Bank in Santa Rosa is now offering technology that allows customers to make deposits from anywhere and anytime with new mobile options. Checks can be deposited from most smartphones and desktop scanners. … Bank of Marin hired Kathi Metro to lead its commercial lending efforts out of the Napa office at 600 Trancas St. Ms. Metro is a longstanding member of the Napa community and a well-established banker with more than 35 years of banking experience in that market. … North Valley Bank announced that Jim Hubbell has joined its team as a mortgage loan officer in Santa Rosa. Mr. Hubbell will cover the Santa Rosa, Ukiah, Willits and Garberville communities. … Umpqua Bank, a subsidiary of Umpqua Holdings Corporation, hired Samantha Foster as vice president, commercial relationship manager and Erick Ransome as assistant vice president and senior commercial underwriter for the bank’s Santa Rosa commercial banking center. … Rabobank, N.A. ranked highest in customer satisfaction among retail banks in California, according to a study by J.D. Power and Associates.

  • International group increases capital requirements for banks

    July 4th, 2011

    SANTA ROSA — The Basel Committee on Banking Supervision, an international forum for standardization on bank rules, has approved increasing the risk-based ratio for financial institutions from the current 8 percent to about 10.5 percent over the next several years.

  • After Hours: SSU/Bank of Marin 2011 N.B. Economic Outlook / Catholic Charities reception

    July 1st, 2011

    March 29, 2011: The Sonoma State University/Bank of Marin 2011 North Bay Economic Outlook Conferrence was held at the Sheraton Snoma County, Petaluma / May 12, 2011: Catholic Charities held a donor Welcome Reception at St. Rose in Santa Rosa

  • Bank of Marin credits some of 53% earnings boost to acquisition

    April 25th, 2011

    NOVATO — Bank of Marin Bancorp reported first-quarter earnings increased 53 percent from a year before and 15 percent from the end of 2010. The acquisition of Charter Oak Bank of Napa in February played a significant part in the boost, according to the bank.

  • Bay Commercial plans to open Napa loan office, branch

    April 7th, 2011

    NAPA — Walnut Creek-based Bay Commercial Bank revealed more about recently announced plans in the works to establish a Napa County presence. The bank intends to open a Napa loan production office and branch in the next six to 12 months.

  • Bay Commercial Bank enters the Napa market

    April 5th, 2011

    NAPA — Bay Commercial Bank, headquartered in Walnut Creek, has made the first steps at a Napa presence by hiring two former Charter Oak Bank executives.

  • Bank of Marin consolidates Napa offices; St. Helena to close

    April 4th, 2011

    NAPA – Bank of Marin is consolidating its Napa Valley offices, closing the St. Helena branch April 29.

  • Bank of Marin expands North Bay footprint

    March 28th, 2011

    NORTH BAY – In the last six months, Bank of Marin has made a major move into the Sonoma and Napa markets from Marin where the bank has become one of the largest in the region with more than $1 billion in assets.

  • Banking & Finance: Redwood Credit Union to open in Sebastopol; also: Circle Bank makes Women’s Initiative loans

    March 28th, 2011

    Redwood Credit Union is going to open a new full-service branch and ATM in Sebastopol at 7840 Covert Lane near Pacific Market in early fall 2011.

  • Banking & Finance: Circle Bank exits ‘tenant in common’ lending

    February 28th, 2011

    Circle Bank, one of the leaders in the Tenants in Common market, has left that sector due to risk concentration in that market.

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