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Condensed Bank of Marin Bancorp Parent Only Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2017
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
December 31, 2017 and 2016
(in thousands) | 2017 | 2016
Assets |  |
Cash and due from Bank of Marin | $ | 3,246 |  | $ | 3,568 |
Investment in bank subsidiary | 299,486 |  | 232,431 |
Other assets | 586 |  | 670 |
Total assets | $ | 303,318 |  | $ | 236,669 |
Liabilities and Stockholders' Equity |  |
Subordinated debentures | $ | 5,739 |  | $ | 5,586 |
Accrued expenses payable | 146 |  | 96 |
Other liabilities | 408 |  | 424 |
Total liabilities | 6,293 |  | 6,106 |
Stockholders' equity | 297,025 |  | 230,563 |
Total liabilities and stockholders' equity | $ | 303,318 |  | $ | 236,669 |
Schedule of Condensed Income Statement |
CONDENSED UNCONSOLIDATED STATEMENTS OF INCOME
Years ended December 31, 2017, 2016 and 2015
(in thousands) | 2017 | 2016 | 2015
Income |  |  |
Dividends from bank subsidiary | $ | 8,000 |  | $ | 6,400 |  | $ | 6,500 |
Miscellaneous Income | 8 |  | 7 |  | 6 |
Total income | 8,008 |  | 6,407 |  | 6,506 |
Expense |  |  |
Interest expense | 439 |  | 435 |  | 420 |
Non-interest expense | 2,087 |  | 984 |  | 973 |
Total expense | 2,526 |  | 1,419 |  | 1,393 |
Income (loss) before income taxes and equity in undistributed net income of subsidiary | 5,482 |  | 4,988 |  | 5,113 |
Income tax benefit | 876 |  | 594 |  | 583 |
Income (loss) before equity in undistributed net income of subsidiary | 6,358 |  | 5,582 |  | 5,696 |
Earnings of bank subsidiary greater (less) than dividends received from bank subsidiary | 9,618 |  | 17,552 |  | 12,745 |
Net income | $ | 15,976 |  | $ | 23,134 |  | $ | 18,441 |
Schedule of Condensed Cash Flow Statement |
CONDENSED UNCONSOLIDATED STATEMENTS OF CASH FLOWS
Years ended December 31, 2017, 2016 and 2015
(in thousands) | 2017 | 2016 | 2015
Cash Flows from Operating Activities: |  |  |
Net income | $ | 15,976 |  | $ | 23,134 |  | $ | 18,441 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: |  |  |
Earnings of bank subsidiary greater than dividends received from bank subsidiary | (9,618 | ) | (17,552 | ) | (12,745 | )
Net change in operating assets and liabilities: |  |  |
Accretion of discount on subordinated debentures | 153 |  | 191 |  | 210 |
Other assets | 92 |  | 353 |  | (298 | )
Intercompany receivable | (40 | ) | 171 |  | (18 | )
Other liabilities | 51 |  | (302 | ) | 368 |
Noncash director compensation expense - common stock | 20 |  | — |  | — |
Net cash provided by operating activities | 6,634 |  | 5,995 |  | 5,958 |
Cash Flows from Investing Activities: |  |  |
Capital contribution to subsidiary | (853 | ) | (1,285 | ) | (1,156 | )
Net cash used in investing activities | (853 | ) | (1,285 | ) | (1,156 | )
Cash Flows from Financing Activities: |  |  |
Proceeds from stock options exercised and stock issued under employee and director stock purchase plans and ESOP | 853 |  | 1,285 |  | 1,156 |
Payment of tax withholdings for stock options exercised | (60 | ) | — |  | — |
Dividends paid on common stock | (6,896 | ) | (6,223 | ) | (5,390 | )
Net cash used by financing activities | (6,103 | ) | (4,938 | ) | (4,234 | )
Net (decrease) increase in cash and cash equivalents | (322 | ) | (228 | ) | 568 |
Cash and cash equivalents at beginning of period | 3,568 |  | 3,796 |  | 3,228 |
Cash and cash equivalents at end of period | $ | 3,246 |  | $ | 3,568 |  | $ | 3,796 |
Supplemental schedule of non-cash investing and financing activities: |  |  |
Stock issued in payment of director fees | $ | 188 |  | $ | 234 |  | $ | 275 |

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