Bank of Marin has an outstanding record of accomplishments and awards since its inception. Some of our most recent include:
Raymond James 2014 Community Bankers Cup
Recognizing the top 10% of U.S. community banks, Raymond James bases this award on various profitability, operational efficiency, and balance sheet metrics. Of the 306 community banks considered for the 2014 Community Bankers Cup, the top 10% demonstrated superior performance on a relative basis in one or more of the following measurements of financial performance and stability: nonperforming assets to loans and real estate owned, five-year average core deposit percentage, net interest margin, efficiency ratio, return on average assets, and return on average tangible common equity. The pool of community banks considered for recognition includes all exchange-traded domestic banks, excluding mutual holding companies and potential acquisition targets, with assets between $500 million and $10 billion as of December 31, 2014.
North Bay Business Journal Corporate Philanthropy Award Winner, 2016
Bank of Marin received the North Bay Business Journal’s Corporate Philanthropy Award for the third year in a row. Conceived in 2014, this award recognizes organizations that contribute significantly to the betterment of the communities where they are located.
2020 Women on Boards Winning Company, 2014
2020 Women on Boards is a national campaign to increase the percentage of women on U.S. company boards to 20% or greater by the year 2020. Bank of Marin was recognized for having a board consisting of 27% women.
San Francisco Business Times Top Corporate Philanthropist, 2016
Since 2003 Bank of Marin has been named one of the top 65 corporate philanthropists in the Bay Area based on total cash contributions to local charities. Additionally, since 2007, Bank of Marin was one of only ten Bay Area companies to receive the Community Commitment Award, which recognizes companies that gave more than 1% of pretax profit to charities.
KBW Bank Honor Roll
Bank of Marin was one of forty banks selected to the elite Keefe Bruyette & Woods 2012 Bank Honor Roll of superior performers. Honor Roll winners are publicly traded banking companies with at least $500 million in total assets that meet the following conditions: No annual loss reported in net income per share before extraordinary items over the past 10 years; 2012 annual reported net income per-share before extraordinary items must have been equal to or greater than peak net income per-share over the past 10 years; consecutive increases in net income per-share before extraordinary items since 2009. Bank of Marin was also named to the 2010 and 2011 Bank Honor Roll. Established in 1962, Keefe, Bruyette & Woods (KBW) is a global, full-service investment bank that specializes exclusively in the financial services sector.
Top 200 Community Banks, American Banker Magazine
Since 2005 Bank of Marin has been ranked in the top 100 on the Top 200 Community Banks list as published by American Banker Magazine. All publicly traded banks and thrifts in the United States with less than $2 billion in assets as of year-end are considered in determining the list. The rating are based on the bank’s three-year average return on equity (ROE), a measure that shows a bank’s ability to create profits based on shareholders’ equity.
Best Local Financial Institution, Pacific Sun Readers Poll 2011-2014
Bank of Marin was voted the Best Local Financial Institution by readers of the Pacific Sun Newspaper. The Pacific Sun’s annual “Best of Marin” awards are selected by a survey of their readers. Pacific Sun readers vote for their favorite businesses in a wide variety of categories, and those with the most votes are selected for the Readers Poll “Best of Marin” list.
North Bay Business Journal Best Places to Work, 2016 —
10th year winning
Elected one of the “Best Places to Work in the North Bay” by the editorial staff of the North Bay Business Journal, this award is a testament to our positive work environment. The selections were made on the basis of an employer questionnaire, survey ratings by employees, number of responses, size of the company, and the breakdown of responses from management and non-management as well as written comments.
Bank Director Magazine “Bank Performance Scorecard” List
Bank of Marin was named to the 2015 “Bank Performance Scorecard” List by Bank Director Magazine. The Scorecard is a ranking of publically owned U.S. banks and thrifts that are listed on the NASDAQ OMX and NYSE EURONEXT stock exchanges. There are 252 institutions in this year’s ranking, divided intothree separate asset categories: $50 Billion and Above, $5 Billion-$50 Billion and $1 Billion-$5 Billion. Bank of Marin was ranked #18 in the $1 billion-$5 billion category. Bank Director Magazine used five key metrics that measure profitability, capitalization and asset quality for 2014 (return on average assets, return on average equity, ratio of tangible common equity to tangible assets, ratio of nonperforming assets to loans and real estate owned, and the ratio of net charge offs to average loans).
Bank Director Magazine “Nifty 50” List
Bank of Marin was named to the “Nifty 50”, a ranking of the top performing banks in the U.S., based on performance and capital levels. Bank Director magazine and the New York-based investment banking firm Sandler O’Neill + Partners teamed up to rank the 484 U.S. banks traded on the NYSE, NYSE Amex and NASDAQ OMX stock exchanges on two financial metrics: core return on tangible common equity (ROTCE) and the ratio of average tangible common equity (TCE) to tangible assets. The two individual scores for all the institutions were then combined to produce a final score. The ranking was based on data from eight consecutive quarters ending June 30, 2013. Bank of Marin ranked #36.
Northbay’s Best 2014, Consumer Bank of the North Bay, NorthBay biz Magazine
Bank of Marin was voted the Gold Medal Winner, Best Consumer Bank in the North Bay by the readers of NorthBay biz Magazine for 2013. This annual readers poll was first established in 2002 and now includes 39 various Best of categories highlighting the top businesses in and around the North Bay.
Super Premium Performance, The Findley Reports
The Findley Reports recognized Bank of Marin as achieving “Super Premier Performance” based on the 2013 year end performance. Overall, 129 California banks were recognized for their performance, with only 60 receiving a “Super Premier Performance” rating. The Findley Reports have been recognizing “Premier Performance” for California financial institutions for 30 years. Bank of Marin was also named a “Super Premier Performer” in 2011 and 2012.
“Healthiest Companies in the North Bay” 2012
Elected one of the “Healthiest Companies in the North Bay” by the editorial staff of the San Francisco Business Times and North Bay Business Journal in 2011 and 2012, this award recognizes our commitment to better health inside and outside of the workplace. In 2012, the newspapers collaborated with Healthiest Employers LLC to recognize Bay Area companies who have made a commitment to promote better health and who are demonstrating innovation and leadership in their wellness programs. The winners were selected after gathering nominations, company surveys, analysis of corporate benefits and extensive review.
BauerFinancial 5 Star Superior Rating
Bank of Marin has received the highest possible BauerFinancial 5 Star Superior rating for over 16 straight years. BauerFinancial reports and analyzes the performance of U.S. banks and credit unions and does not accept fees for their ratings. Bank of Marin is the only bank headquartered in Marin County to be awarded the superior 5 Star rating.
SNL Financial’s Top 100 Best Performing Community Banks of 2013
Bank of Marin was ranked in the top 100 on SNL Financial’s list of the Top Performing Community Banks in the nation. To compile the rankings, SNL defined community banks as institutions between $500 million and $5 billion in assets and 60 or fewer offices. Companies received scores based on their percentile rank on each of the following six metrics: return on average tangible assets before tax, net charge-offs as a percent of average loans, adjusted nonperforming loans as a percent of total loans, operating expenses as a percent of operating revenue, net interest margin and loan growth. Bank of Marin has been ranked in the top 100 since 2010.
Sandler O’Neill + Partners Sm-All Stars
Bank of Marin was named to the list of the 2009 and 2010 “Sm-All Stars” as identified by Sandler O’Neill + Partners L.P., a New York investment banking firm. Sandler O’Neill evaluated all 503 publicly traded banks with a market capitalization of less than $2 billion and identified the 32 top performing small-cap banks and thrifts in the nation. The analysis focused on growth, profitability, credit quality, and capital strength. Bank of Marin was named to both the 2009 and the 2010 lists.