NORTHRIM BANCORP INC

For the period ended Jun 30, 2026. Filed Jul 31, 2026.

About this filing

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.

Jun 30, 2026 · Filed Jul 31, 2026

NRIM$23.90-0.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Income

Three Months Ended · Six Months Ended
	June 30,		June 30,
(In Thousands, Except Per Share Data)	2026	2025	2026	2025
Interest and Dividend Income
Interest and fees on loans and loans held for sale	$42,328	$40,519	$82,305	$77,989
Interest on investment securities available for sale	3,212	3,026	6,217	5,978
Dividends on marketable equity securities	180	146	337	291
Interest on investment securities held to maturity	492	473	958	946
Dividends on Federal Home Loan Bank stock	147	120	293	225
Interest on deposits in other banks	795	515	1,940	931
Total Interest and Dividend Income	47,154	44,799	92,050	86,360
Interest Expense
Interest expense on deposits	8,777	10,304	17,774	20,239
Interest expense on borrowings	79	809	158	1,047
Interest expense on subordinated debentures	1,162	94	2,321	185
Total Interest Expense	10,018	11,207	20,253	21,471
Net Interest Income	37,136	33,592	71,797	64,889
Provision for credit losses	1,627	1,976	2,587	567
Net Interest Income After Provision for Credit Losses	35,509	31,616	69,210	64,322
Other Operating Income
Mortgage banking income	7,138	7,400	13,599	11,651
Purchased receivable income	6,473	5,897	12,605	12,047
Bankcard fees	1,329	1,153	2,418	2,227
Service charges on deposit accounts	912	726	1,723	1,403
Unrealized gain (loss) on marketable equity securities	164	78	(92)	28
Other income	721	1,386	1,363	2,324
Total Other Operating Income	16,737	16,640	31,616	29,680
Other Operating Expense
Salaries and other personnel expense	20,784	20,854	40,290	38,077
Data processing expense	3,482	3,366	6,787	6,470
Occupancy expense	1,825	2,104	3,929	3,993
Professional and outside services	1,428	1,113	2,587	2,228
Marketing expense	686	1,042	1,587	1,714
Compensation expense - Sallyport acquisition payments	500	600	1,000	1,200
Insurance expense	432	756	836	1,773
OREO expense, net rental income and gains on sale	102	2	114	5
Other expense	2,783	2,651	5,514	5,199
Total Other Operating Expense	32,022	32,488	62,644	60,659
Income Before Provision for Income Taxes	20,224	15,768	38,182	33,343
Provision for income taxes	4,882	3,990	9,165	8,241
Net Income	$15,342	$11,778	$29,017	$25,102
Earnings Per Share, Basic	$0.69	$0.53	$1.31	$1.14
Earnings Per Share, Diluted	$0.68	$0.52	$1.29	$1.12
Weighted Average Common Shares Outstanding, Basic	22,244,766	22,087,244	22,205,827	22,083,620
Weighted Average Common Shares Outstanding, Diluted	22,544,448	22,446,232	22,560,798	22,446,936

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.