NORTHRIM BANCORP INC
For the period ended Dec 31, 2023. Filed Mar 8, 2024.
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FY2023 · Filed Mar 8, 2024
NRIM$23.90-0.1%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| (In Thousands) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net income | $25,394 | $30,741 | $37,517 |
| Other comprehensive income (loss), net of tax: | |||
| Securities available for sale: | |||
| Unrealized holding gains (losses) arising during the period | $17,755 | ($38,283) | ($5,564) |
| Derivatives and hedging activities: | |||
| Unrealized holding (losses) gains during the period | (88) | 2,409 | 780 |
| Income tax (expense) benefit related to unrealized gains and losses | (5,023) | 10,199 | 1,360 |
| Other comprehensive income (loss), net of tax | 12,644 | (25,675) | (3,424) |
| Comprehensive income | $38,038 | $5,066 | $34,093 |
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