Business as Usual in a Very Unusual Year
2020 was a year of unprecedented challenges and I am very proud of how Bank of Marin successfully navigated them. We ensured that all of our customers had seamless access to all of our financial services, whether in the branches or via our digital platforms.
We generated strong results for the full year despite the pandemic-related shutdown of large sections of the economy. By providing loan payment relief and access to the Small Business Administration’s Paycheck Protection Program we assisted thousands of borrowers who were struggling due to the pandemic.
The Bank quickly redefined what business-as-usual looks like while remaining true to our commitment to relationship banking. We continue to work with clients affected by what we hope are the latter stages of this public health crisis. Most of our commercial clients are in a position to manage through these final months, and many have found new ways to deliver their services and move their businesses forward.
With strong capital and liquidity positions, and a team ready to fire on all cylinders, we are well-positioned to shift into growth mode alongside our customers in a post-pandemic economy.