NORTHRIM BANCORP INC
For the period ended Mar 31, 2024. Filed May 3, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 3, 2024
NRIM$23.90-0.1%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| Three Months Ended March 31, | ||
|---|---|---|
| (In Thousands) | 2024 | 2023 |
| Net income | $8,199 | $4,830 |
| Other comprehensive income (loss), net of tax: | ||
| Securities available for sale: | ||
| Unrealized holding gains arising during the period | $292 | $8,119 |
| Derivatives and hedging activities: | ||
| Unrealized holding gains (losses) arising during the period | 272 | (299) |
| Income tax expense related to unrealized (gains) | (160) | (2,223) |
| Other comprehensive income, net of tax | 404 | 5,597 |
| Comprehensive income | $8,603 | $10,427 |
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