NORTHRIM BANCORP INC
For the period ended Dec 31, 2024. Filed Mar 10, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 10, 2025
NRIM$23.90-0.1%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| (In Thousands) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net income | $36,971 | $25,394 | $30,741 |
| Other comprehensive income (loss), net of tax: | |||
| Securities available for sale: | |||
| Unrealized holding gains (losses) arising during the period | $12,741 | $17,755 | ($38,283) |
| Derivatives and hedging activities: | |||
| Unrealized holding gains (losses) during the period | 411 | (88) | 2,409 |
| Income tax (expense) benefit related to unrealized gains and losses | (3,739) | (5,023) | 10,199 |
| Other comprehensive income (loss), net of tax | 9,413 | 12,644 | (25,675) |
| Comprehensive income | $46,384 | $38,038 | $5,066 |
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