NORTHRIM BANCORP INC
For the period ended Dec 31, 2023. Filed Mar 8, 2024.
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FY2023 · Filed Mar 8, 2024
NRIM$23.93+1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Shareholders’ Equity
| Common Stock · Additional Paid-in Capital · Retained Earnings · Accumulated Other Comprehensive Income (Loss) · Total | ||||||
|---|---|---|---|---|---|---|
| Number of Shares · Par Value | ||||||
| (In Thousands) | ||||||
| Balance at January 1, 2021 | 6,251 | $6,251 | $41,808 | $173,498 | $18 | $221,575 |
| Cash dividend declared | — | — | — | (9,369) | — | (9,369) |
| Stock-based compensation expense | — | — | 1,073 | — | — | 1,073 |
| Exercise of stock options and vesting of restricted stock units, net | 43 | 43 | (464) | — | — | (421) |
| Repurchase of common stock | (279) | (279) | (11,255) | — | — | (11,534) |
| Other comprehensive (loss), net of tax | — | — | — | — | (3,424) | (3,424) |
| Cumulative effect of adoption of ASU 2016-13 | — | — | — | 2,400 | — | 2,400 |
| Net income | — | — | — | 37,517 | — | 37,517 |
| Balance at December 31, 2021 | 6,015 | $6,015 | $31,162 | $204,046 | ($3,406) | $237,817 |
| Cash dividend declared | — | — | — | (10,562) | — | (10,562) |
| Stock-based compensation expense | — | — | 742 | — | — | 742 |
| Exercise of stock options and vesting of restricted stock units, net | 20 | 20 | (297) | — | — | (277) |
| Repurchase of common stock | (334) | (334) | (13,823) | — | — | (14,157) |
| Other comprehensive (loss), net of tax | — | — | — | — | (25,675) | (25,675) |
| Net income | — | — | — | 30,741 | — | 30,741 |
| Balance at December 31, 2022 | 5,701 | $5,701 | $17,784 | $224,225 | ($29,081) | $218,629 |
| Cash dividend declared | — | — | — | (13,582) | — | (13,582) |
| Stock-based compensation expense | — | — | 937 | — | — | 937 |
| Exercise of stock options and vesting of restricted stock units, net | 21 | 21 | (281) | — | — | (260) |
| Repurchase of common stock | (209) | (209) | (8,835) | — | — | (9,044) |
| Other comprehensive income, net of tax | — | — | — | — | 12,644 | 12,644 |
| Net income | — | — | — | 25,394 | — | 25,394 |
| Balance at December 31, 2023 | 5,513 | $5,513 | $9,605 | $236,037 | ($16,437) | $234,718 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.