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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table

Value of Initial Fixed $100

Investment Based On:

Summary

Average

Compensation

Compensation

Compensation

Peer Group TSR

Table (SCT) Total

Actually

Average SCT

Actually Paid to

(S&P Regional

Return on

CEO

Year(1)

for CEO

  

Paid to CEO(2)

  

Total for NEOs(5)

  

NEOs(2,5)

  

BMRC TSR

  

Banks Index)(3)

  

Net Income

  

Assets(4)

Myers

2023

$

1,129,808

$

930,468

$

564,484

$

483,277

99.6

100.0

$

19,895,000

0.49

Myers

2022

$

1,272,044

1,324,463

666,614

681,568

79.5

110.5

46,586,044

1.08

Myers

2021

$

809,192

$

802,655

$

547,188

$

541,064

87.5

129.6

$

33,228,231

0.94

Colombo

2021

$

1,262,094

$

1,166,115

547,188

541,064

Colombo

2020

$

1,136,968

$

817,940

$

539,038

$

463,236

78.6

92.7

$

30,242,498

1.04

(1)Mr. Colombo retired as CEO effective October 31, 2021. Mr. Myers was appointed CEO effective November 1, 2021.  Therefore, we provide both incumbent comparisons in 2021.
(2)Amounts represent compensation actually paid to our CEO and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules.  Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows.  Reconciliation of adjustments made to SCT to arrive at CAP for the CEO and average NEO:

CEO

    

2023 (Myers)

    

2022 (Myers)

    

2021 (Myers)

    

2021 (Colombo)

    

2020 (Colombo)

SCT

1,129,808

$

1,272,044

$

809,192

$

1,262,094

$

1,136,968

Equity awards reported in SCT

(272,031)

$

(294,414)

$

(153,988)

$

(247,290)

$

(237,771)

Pension amount reported in SCT

(84,544)

$

(94,763)

$

(59,356)

$

(97,586)

$

(94,664)

Pension value attributable to current years’ service

84,544

82,638

54,174

0

0

FV of equity granted in current year

160,698

$

362,628

$

124,745

$

197,416

$

226,175

Dividends paid on unvested shares and stock options (SOs)

23,728

$

13,643

$

7,183

$

13,931

$

14,033

Change in FV Equity

(111,735)

$

(17,313)

$

20,704

37,550

(226,801)

CAP

930,468

$

1,324,463

$

802,655

$

1,166,115

$

817,940

Average NEO

2023

    

2022

    

2021

    

2020

SCT

564,484

$

666,614

$

547,188

$

539,038

Equity awards reported in SCT

(94,460)

$

(134,615)

$

(77,966)

$

(86,260)

Pension amount reported in SCT

(53,024)

$

(51,605)

$

(44,699)

$

(48,660)

Pension value attributable to current years’ service

49,217

44,768

35,101

35,892

FV of equity granted in current year

57,675

$

161,832

$

65,506

$

74,960

Dividends paid on unvested shares and stock options (SOs)

9,129

6,443

3,517

6,338

Change in FV Equity

(49,744)

$

(11,869)

$

12,417

$

(58,073)

CAP

483,277

$

681,568

$

541,064

$

463,236

3)Based on initial investment of $100 and a cumulative Total Shareholder Return of BMRC & S&P Regional Banks Select Industry Index.
4)Return on Average Assets is the company selected measure.
5)The following non-CEO NEOs are included in the average figures shown:

2023: Campbell, Girton, Sloan and Stewart

2022: Campbell, Girton, Sloan and Stewart

2021: Campbell, Girton, Stewart and Reizman

2020: Burke, Girton, Myers and Reizman

     
Company Selected Measure Name Return on Average Assets      
Named Executive Officers, Footnote
(1)Mr. Colombo retired as CEO effective October 31, 2021. Mr. Myers was appointed CEO effective November 1, 2021.  Therefore, we provide both incumbent comparisons in 2021.
5)The following non-CEO NEOs are included in the average figures shown:

2023: Campbell, Girton, Sloan and Stewart

2022: Campbell, Girton, Sloan and Stewart

2021: Campbell, Girton, Stewart and Reizman

2020: Burke, Girton, Myers and Reizman

     
Peer Group Issuers, Footnote
3)Based on initial investment of $100 and a cumulative Total Shareholder Return of BMRC & S&P Regional Banks Select Industry Index.
     
Adjustment To PEO Compensation, Footnote
(2)Amounts represent compensation actually paid to our CEO and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules.  Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows.  Reconciliation of adjustments made to SCT to arrive at CAP for the CEO and average NEO:

CEO

    

2023 (Myers)

    

2022 (Myers)

    

2021 (Myers)

    

2021 (Colombo)

    

2020 (Colombo)

SCT

1,129,808

$

1,272,044

$

809,192

$

1,262,094

$

1,136,968

Equity awards reported in SCT

(272,031)

$

(294,414)

$

(153,988)

$

(247,290)

$

(237,771)

Pension amount reported in SCT

(84,544)

$

(94,763)

$

(59,356)

$

(97,586)

$

(94,664)

Pension value attributable to current years’ service

84,544

82,638

54,174

0

0

FV of equity granted in current year

160,698

$

362,628

$

124,745

$

197,416

$

226,175

Dividends paid on unvested shares and stock options (SOs)

23,728

$

13,643

$

7,183

$

13,931

$

14,033

Change in FV Equity

(111,735)

$

(17,313)

$

20,704

37,550

(226,801)

CAP

930,468

$

1,324,463

$

802,655

$

1,166,115

$

817,940

     
Non-PEO NEO Average Total Compensation Amount $ 564,484 $ 666,614 $ 547,188 $ 539,038
Non-PEO NEO Average Compensation Actually Paid Amount $ 483,277 681,568 541,064 463,236
Adjustment to Non-PEO NEO Compensation Footnote
(2)Amounts represent compensation actually paid to our CEO and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules.  Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows.  Reconciliation of adjustments made to SCT to arrive at CAP for the CEO and average NEO:

Average NEO

2023

    

2022

    

2021

    

2020

SCT

564,484

$

666,614

$

547,188

$

539,038

Equity awards reported in SCT

(94,460)

$

(134,615)

$

(77,966)

$

(86,260)

Pension amount reported in SCT

(53,024)

$

(51,605)

$

(44,699)

$

(48,660)

Pension value attributable to current years’ service

49,217

44,768

35,101

35,892

FV of equity granted in current year

57,675

$

161,832

$

65,506

$

74,960

Dividends paid on unvested shares and stock options (SOs)

9,129

6,443

3,517

6,338

Change in FV Equity

(49,744)

$

(11,869)

$

12,417

$

(58,073)

CAP

483,277

$

681,568

$

541,064

$

463,236

     
Compensation Actually Paid vs. Total Shareholder Return

Graphic

     
Compensation Actually Paid vs. Net Income

Graphic

     
Compensation Actually Paid vs. Company Selected Measure

Graphic

     
Total Shareholder Return Vs Peer Group

Graphic

     
Tabular List, Table

Pay Versus Performance Tabular List

We believe the following performance measures represent the most important financial performance measures used by us to link compensation actually paid to our NEOs for the fiscal year ended December 31, 2023:

Return on Average Assets

Efficiency Ratio

Total Loan Growth

Total Deposit Growth

Diluted EPS Growth

NPAs to Assets

For additional details regarding our most important financial performance measures, please see the discussion in the Compensation Discussion and Analysis (CD&A) section in this Proxy Statement.

     
Total Shareholder Return Amount $ 99.6 79.5 87.5 78.6
Peer Group Total Shareholder Return Amount 100.0 110.5 129.6 92.7
Net Income (Loss) $ 19,895,000 $ 46,586,044 $ 33,228,231 $ 30,242,498
Company Selected Measure Amount 0.49 1.08 0.94 1.04
PEO Name Myers      
Measure:: 1        
Pay vs Performance Disclosure        
Name Return on Average Assets      
Non-GAAP Measure Description
4)Return on Average Assets is the company selected measure.
     
Measure:: 2        
Pay vs Performance Disclosure        
Name Efficiency Ratio      
Measure:: 3        
Pay vs Performance Disclosure        
Name Total Loan Growth      
Measure:: 4        
Pay vs Performance Disclosure        
Name Total Deposit Growth      
Measure:: 5        
Pay vs Performance Disclosure        
Name Diluted EPS Growth      
Measure:: 6        
Pay vs Performance Disclosure        
Name NPAs to Assets      
Myers        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 1,129,808 $ 1,272,044 $ 809,192  
PEO Actually Paid Compensation Amount 930,468 1,324,463 802,655  
Colombo        
Pay vs Performance Disclosure        
PEO Total Compensation Amount     1,262,094 $ 1,136,968
PEO Actually Paid Compensation Amount     1,166,115 817,940
PEO | Myers | Equity awards reported in SCT        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (272,031) (294,414) (153,988)  
PEO | Myers | Pension amount reported in SCT        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (84,544) (94,763) (59,356)  
PEO | Myers | Pension value attributable to current years' service        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 84,544 82,638 54,174  
PEO | Myers | FV of equity granted in current year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 160,698 362,628 124,745  
PEO | Myers | Dividends paid on unvested shares and stock options (SOs)        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 23,728 13,643 7,183  
PEO | Myers | Change in FV Equity        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (111,735) (17,313) 20,704  
PEO | Colombo | Equity awards reported in SCT        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount     (247,290) (237,771)
PEO | Colombo | Pension amount reported in SCT        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount     (97,586) (94,664)
PEO | Colombo | Pension value attributable to current years' service        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount     0 0
PEO | Colombo | FV of equity granted in current year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount     197,416 226,175
PEO | Colombo | Dividends paid on unvested shares and stock options (SOs)        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount     13,931 14,033
PEO | Colombo | Change in FV Equity        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount     37,550 (226,801)
Non-PEO NEO | Equity awards reported in SCT        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (94,460) (134,615) (77,966) (86,260)
Non-PEO NEO | Pension amount reported in SCT        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (53,024) (51,605) (44,699) (48,660)
Non-PEO NEO | Pension value attributable to current years' service        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 49,217 44,768 35,101 35,892
Non-PEO NEO | FV of equity granted in current year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 57,675 161,832 65,506 74,960
Non-PEO NEO | Dividends paid on unvested shares and stock options (SOs)        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 9,129 6,443 3,517 6,338
Non-PEO NEO | Change in FV Equity        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (49,744) $ (11,869) $ 12,417 $ (58,073)