Investor Relations

Press Release

Bank of Marin Bancorp Announces Cash Dividend

Company Release - 7/20/2009 9:30 AM ET

NOVATO, Calif.--(BUSINESS WIRE)-- Bank of Marin Bancorp (NASDQ:BMRC) announced earlier today that on Friday, July 17, 2009, its Board of Directors declared a cash dividend of $0.14 per share. The cash dividend is payable on August 14, 2009 to shareholders of record at the close of business on August 3, 2009.

"We are pleased to continue our cash dividend for the seventeenth consecutive quarter, providing a consistent return on investment to our shareholders," said Russell Colombo, President and Chief Executive Officer. "Our continued healthy results are a tribute to our focus on conservative underwriting and the strong relationships we have built with our customers and the communities we serve."

Bank of Marin Bancorp's assets currently exceed $1 billion. Bank of Marin, as the sole subsidiary of Bancorp, operates twelve branch offices in California and a commercial loan production office in San Francisco. The Bank's Administrative offices are located in Novato, California and its Wealth Management Services are located in Corte Madera, Novato and Petaluma, California. Bank of Marin is included in the Russell 2000 Small-Cap Index and has received a superior five-star rating from Bauer Financial for 40 consecutive quarters, including being named to the Bauer Financial recommended list for 69 quarters (www.bauerfinancial.com). Bank of Marin has been recognized as one of the "Best Places to Work in the Bay Area" and one of the "Top Corporate Philanthropists" by the San Francisco Business Times. For more information, visit Bank of Marin at www.bankofmarin.com.

This release may contain certain forward-looking statements that are based on management's current expectations regarding economic, legislative, and regulatory issues that may impact Bancorp's earnings in future periods. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "intend," "estimate" or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could" or "may." Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, the current financial turmoil in the United States and abroad, changes in interest rates, deposit flows, real estate values, and competition; changes in accounting principles, policies or guidelines; changes in legislation or regulation; and other economic, competitive, governmental, regulatory and technological factors affecting Bancorp's operations, pricing, products and services. These and other important factors are detailed in various securities law filings made periodically by Bancorp or the Bank, copies of which are available from Bancorp without charge. Bancorp undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

    Source: Bank of Marin Bancorp
Contact: for Bank of Marin Bancorp Sandy Pfaff, 415-633-3224 spfaff@peppercom.com

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