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News Breaks | | | | January 22, 2013 | | 08:06 EDT |  | BMRC | Bank of Marin reports Q4 EPS 86c, consensus 77c
Earnings reflect a $1M pre-tax gain on the pay-off of a purchased-credit impaired loan. This gain increased Q4 EPS by 12c on an after-tax basis. The allowance for loan losses totaled 1.27% of loans at December 31, 2012. Reports Q4 net charge-offs $178,000. | |
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