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Novato-Based Bank of Marin Completes Merger Transaction with Bank of Alameda

Russ Colombo, President and CEO of Bank of Marin
Russ Colombo, President and CEO of Bank of Marin

Bank of Marin Bancorp, "BMRC" (NASDAQ: BMRC), parent company of Bank of Marin, has announced the completion of the merger of NorCal Community Bancorp, parent company of Bank of Alameda. The transaction adds approximately $230 million in deposits and $170 million in loans to Bank of Marin. The Bank now has in excess of $1.7 billion in assets and operates 21 offices in five counties including Alameda, San Francisco, Marin, Sonoma and Napa.

Bank of Marin has 10 branches in Marin County, including Novato, Mill Valley, San Rafael, Corte Madera, Greenbrae, Sausalito and Tiburon.

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