North Bay Business Journal

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.

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.

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.

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.

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.

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

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.

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

NOVATO, NAPA — Bank of Marin Bancorp (NASDAQ: BMRC) announced today that through its subsidiary, Bank of Marin, it has acquired certain assets and assumed certain liabilities of Napa-based Charter Oak Bank.

Also: Bank of Marin reports 6.2% rise in earnings for 2010

WALNUT CREEK/NAPA — The merging of Napa’s struggling Charter Oak Bank into Bay Commercial Bank joins two similarly sized institutions to create a nearly $300 million community bank under the Bay Commercial name.

WALNUT CREEK — The boards of directors of Bay Commercial Bank and Charter Oak Bank announced that Bay Commercial Bank has agreed to acquire Charter Oak Bank in an all-stock transaction.

(Listed alphabetically by name)

NAPA — Two Napa banks recently reported financial results.

Don’t like the idea that if you are close to the bottom of your checking account and you go over the line with a $7 sandwich you could be subject to a $35 overdraft fee?

NORTH BAY – Many North Bay banks are maintaining strength in their income statements even in the down economy that executives said is extremely challenging.

NAPA – Armed with a new president and chief executive officer, the rejuvenation of the valley’s tourism council appears to finally be making progress, garnering support for the first time from cities countywide.

NORTH BAY – Banks are facing a one-time increase in their insurance premiums to shore up the Federal Deposit Insurance Corp., a move experts are saying will further inhibit lending.

People items submitted by North Bay businesses for publication in the Business Journal for June 22nd

NAPA – In times of economic strife, thinking about your banker as a business partner will prove good for both a company and the bank.