XML 132 R119.htm IDEA: XBRL DOCUMENT v3.24.0.1
Condensed Bank of Marin Bancorp Parent Only Financial Statements - Condensed Unconsolidated Statements of Cash Flows (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities:      
Net income $ 19,895 $ 46,586 $ 33,228
Accretion of discount on subordinated debenture 0 0 1,347
Noncash director compensation expense 398 355 217
Other assets (4,149) 2,228 5,554
Other liabilities 2,378 (4,708) 2,276
Net cash provided by operating activities 35,659 55,277 45,253
Cash Flows from Investing Activities:      
Net cash provided by (used in) investing activities 334,691 (218,097) (340,666)
Cash Flows from Financing Activities:      
Repayment of subordinated debenture including execution costs 0 0 (4,126)
Restricted stock surrendered for tax withholdings upon vesting (70) (40) (166)
Cash dividends paid on common stock (16,106) (15,673) (13,107)
Stock repurchased, including commissions 0 (1,250) (40,762)
Net cash (used in) provided by financing activities (385,321) (139,397) 442,734
Net (decrease) increase in cash, cash equivalents and restricted cash (14,971) (302,217) 147,321
Cash, cash equivalents and restricted cash at beginning of period 45,424 347,641 200,320
Cash, cash equivalents and restricted cash at end of period 30,453 45,424 347,641
Stock issued in payment of director fees 398 355 217
Repurchase of stock not yet settled 0 0 373
Bancorp      
Cash Flows from Operating Activities:      
Net income 19,895 46,586 33,228
Earnings of bank subsidiary (greater) less than dividends received from bank subsidiary (1,096) (31,649) 26,621
Accretion of discount on subordinated debenture 0 0 1,347
Noncash director compensation expense 60 36 35
Other assets 99 (12) (1,655)
Other liabilities (86) (129) (88)
Net cash provided by operating activities 18,872 14,832 59,488
Cash Flows from Investing Activities:      
Capital contribution to bank subsidiary (276) (899) (619)
Net cash provided by (used in) investing activities (276) (899) (619)
Cash Flows from Financing Activities:      
Repayment of subordinated debenture including execution costs 0 0 (4,126)
Restricted stock surrendered for tax withholdings upon vesting (70) (40) (166)
Cash dividends paid on common stock (16,106) (15,673) (13,107)
Stock repurchased, including commissions 0 (1,250) (40,762)
Proceeds from stock options exercised and stock issued under employee and director stock purchase plans 276 899 587
Net cash (used in) provided by financing activities (15,900) (16,064) (57,574)
Net (decrease) increase in cash, cash equivalents and restricted cash 2,696 (2,131) 1,295
Cash, cash equivalents and restricted cash at beginning of period 4,493 6,624 5,329
Cash, cash equivalents and restricted cash at end of period 7,189 4,493 6,624
Stock issued in payment of director fees 398 355 217
Repurchase of stock not yet settled 0 0 373
Stock issued to employee stock ownership plan $ 1,315 $ 1,233 $ 1,330