Bank Of Marin Bancorp (BMRC): Russell A Colombo , President and CEO of Bank Of Marin Bancorp sold 882 shares on Mar 22, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $51.02 per share for a total value of $44,626.30 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 21, 2016, Russell A Colombo (President and CEO) sold 13,749 shares at $49.12 per share price.On Feb 5, 2016, Elizabeth Reizman (Executive Vice President) sold 2,000 shares at $52.85 per share price.Also, On Feb 5, 2016, Peter Pelham (Executive Vice President) sold 5,000 shares at $52.85 per share price.On Jan 29, 2016, J Dietrich Stroeh (director) sold 1,100 shares at $52.14 per share price.
Bank of Marin Bancorp: On Tuesday, May 10, 2016 heightened volatility was witnessed in Bank of Marin Bancorp which led to swings in the share price. The shares opened for trading at $49.28 and hit $50.08 on the upside , eventually ending the session at $49.53, with a gain of 1.08% or 0.53 points. The heightened volatility saw the trading volume jump to 6,416 shares. The 52-week high of the share price is $56.77 and the company has a market cap of $303 M . The 52-week low of the share price is at $45.65.
Bank of Marin Bancorp (Bancorp) is the holding company for Bank of Marin (the Bank). The Company’s customer base is made up of business and personal banking relationships from the communities near the branch office locations. Its business banking focus is on small to medium-sized businesses professionals and not-for-profit organizations. The Company operates through twenty offices in Marin Sonoma San Francisco Napa and Alameda counties with an emphasis on supporting the local communities. It makes international banking services available to its customers indirectly through other financial institutions with whom it has correspondent banking relationships. Its lending categories include commercial real estate loans commercial and industrial loans construction financing consumer loans and home equity lines of credit.