Earnings / Community Banks
Bank of Marin's profit rises 32% from a year earlier on loan growth and a wider margin
Net income was $9.9 million, or $0.62 per diluted share, up from $7.5 million a year earlier. The tax-equivalent net interest margin widened to 3.48% from 3.38% in the second quarter, and total loans grew $43.4 million to $2.144 billion.