NORTHRIM BANCORP INC
For the period ended Dec 31, 2025. Filed Mar 6, 2026.
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FY2025 · Filed Mar 6, 2026
NRIM$23.90-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at December 31, and
December 31, 2025 and 2024
| December 31,2025 | December 31,2024 | |
|---|---|---|
| (In Thousands, Except Share Data) | ||
| ASSETS | ||
| Cash and due from banks | $36,042 | $42,101 |
| Interest bearing deposits in other banks | 109,864 | 20,635 |
| Marketable equity securities | 8,392 | 8,719 |
| Investment securities available for sale, at fair value | 420,661 | 478,617 |
| Investment securities held to maturity, at amortized cost | 26,750 | 36,750 |
| Investment in Federal Home Loan Bank stock | 6,764 | 5,331 |
| Loans held for sale | 100,323 | 59,957 |
| Loans | 2,295,499 | 2,129,263 |
| Allowance for credit losses, loans | (23,737) | (22,020) |
| Net loans | 2,271,762 | 2,107,243 |
| Purchased receivables, net | 101,642 | 74,078 |
| Mortgage servicing rights, at fair value | 27,474 | 26,439 |
| Premises and equipment, net | 39,692 | 37,757 |
| Operating lease right-of-use assets | 5,911 | 7,455 |
| Goodwill | 49,874 | 50,018 |
| Other intangible assets, net | 950 | 950 |
| Other assets | 84,172 | 85,819 |
| Total assets | $3,290,273 | $3,041,869 |
| LIABILITIES | ||
| Deposits: | ||
| Demand | $721,925 | $706,225 |
| Interest-bearing demand | 1,242,546 | 1,108,404 |
| Savings | 250,006 | 250,900 |
| Money market | 195,793 | 196,290 |
| Certificates of deposit less than $250,000 | 104,505 | 201,296 |
| Certificates of deposit $250,000 and greater | 298,254 | 217,074 |
| Total deposits | 2,813,029 | 2,680,189 |
| Borrowings | 12,805 | 23,045 |
| Subordinated debentures | 68,924 | 10,310 |
| Operating lease liabilities | 5,941 | 7,487 |
| Other liabilities | 63,030 | 53,722 |
| Total liabilities | 2,963,729 | 2,774,753 |
| COMMITMENTS AND CONTINGENCIES (NOTE 19) | ||
| SHAREHOLDERS' EQUITY | ||
| Preferred stock, $1 par value, 2,500,000 shares authorized, none issued or outstanding | — | — |
| Common stock, $0.25 par value, 40,000,000 shares authorized, 22,111,637 and 22,072,840 sharesissued and outstanding at December 31, 2025 and December 31, 2024, respectively | 5,528 | 5,518 |
| Additional paid-in capital | 10,822 | 9,311 |
| Retained earnings | 309,575 | 259,311 |
| Accumulated other comprehensive income (loss), net of tax | 619 | (7,024) |
| Total shareholders' equity | 326,544 | 267,116 |
| Total liabilities and shareholders' equity | $3,290,273 | $3,041,869 |
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