NOVATO, Calif.--(BUSINESS WIRE)--Bank of Marin Bancorp, (NASDAQ:BMRC), parent company of Bank of Marin, is being added into the NASDAQ ABA Community Bank Index (ABQI) effective prior to market opening on December 21, 2015. Bank of Marin Bancorp has been traded on NASDAQ since 1999.
“Being added to the NASDAQ ABA Community Bank Index is affirmation of the Bank’s long-term performance and disciplined strategic focus,” said Russell A. Colombo, President and Chief Executive Officer. “This is an important milestone for our company as we continue to build shareholder value.”
The Community Bank Index is designed to track the performance of banks and thrifts, or their holding companies listed on The NASDAQ Stock Market®. The Index is intended to serve as a benchmark for investment products by including larger and more liquid community banks. The NASDAQ OMX ABA Community Bank Index is reviewed on a semi-annual basis. For more information about the NASDAQ OMX ABA Community Bank Index, including detailed eligibility criteria, visit: https://indexes.nasdaqomx.com/Index/Overview/ABQI.
About Bank of Marin
Bank of Marin is a leading business and community bank in the San Francisco Bay Area, with assets of $1.9 billion. Founded in 1989 and headquartered in Novato, Bank of Marin is the wholly-owned subsidiary of Bank of Marin Bancorp (NASDAQ:BMRC). With 21 offices in San Francisco, Marin, Napa, Sonoma and Alameda counties, Bank of Marin provides business and personal banking, commercial lending, and wealth management and trust services. Specializing in providing legendary service to its customers and investing in its local communities, Bank of Marin has consistently been ranked one of the “Top Corporate Philanthropists" by the San Francisco Business Times and one of the “Best Places to Work” by the North Bay Business Journal. Bank of Marin Bancorp is included in the Russell 2000 Small-Cap Index and has been recognized as a Top 200 Community Bank by US Banker Magazine for the past five years. For more information, go to www.bankofmarin.com.
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