NORTHRIM BANCORP INC

For the period ended Sep 30, 2026. Filed Oct 30, 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.

Sep 30, 2026 · Filed Oct 30, 2026

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

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Contents

Consolidated Statements of Income

Three Months Ended · Nine Months Ended
	September 30,		September 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	$43,424	$41,142	$125,729	$119,131
Interest on investment securities available for sale	3,780	2,723	9,997	8,701
Dividends on marketable equity securities	205	124	542	415
Interest on investment securities held to maturity	502	473	1,460	1,419
Dividends on Federal Home Loan Bank stock	163	192	456	417
Interest on deposits in other banks	1,089	1,324	3,029	2,255
Total Interest and Dividend Income	49,163	45,978	141,213	132,338
Interest Expense
Interest expense on deposits	9,032	10,139	26,806	30,378
Interest expense on borrowings	82	399	240	1,445
Interest expense on subordinated debentures	1,162	94	3,483	280
Total Interest Expense	10,276	10,632	30,529	32,103
Net Interest Income	38,887	35,346	110,684	100,235
Provision for credit losses	7,724	1,716	10,311	2,283
Net Interest Income After Provision for Credit Losses	31,163	33,630	100,373	97,952
Other Operating Income
Mortgage banking income	8,746	7,273	22,345	18,924
Purchased receivable income	6,695	7,269	19,300	19,316
Gain on sale VISA shares	1,945	—	1,945	—
Bankcard fees	1,475	1,229	3,893	3,456
Service charges on deposit accounts	1,010	796	2,733	2,199
Gain on sale by Pacific Wealth Advisors	292	14,211	292	14,211
Unrealized gain (loss) on marketable equity securities	(291)	80	(383)	108
Other income	890	381	2,253	2,705
Total Other Operating Income	20,762	31,239	52,378	60,919
Other Operating Expense
Salaries and other personnel expense	20,703	19,432	60,993	57,509
Data processing expense	3,728	3,240	10,515	9,710
Occupancy expense	1,902	1,921	5,831	5,914
Professional and outside services	2,297	1,112	4,884	3,340
Marketing expense	629	508	2,216	2,222
Compensation expense - Sallyport acquisition payments	500	600	1,500	1,800
Insurance expense	412	802	1,248	2,575
OREO expense, net rental income and gains on sale	108	(16)	222	(11)
Other expense	2,900	2,701	8,414	7,900
Total Other Operating Expense	33,179	30,300	95,823	90,959
Income Before Provision for Income Taxes	18,746	34,569	56,928	67,912
Provision for income taxes	4,338	7,504	13,503	15,745
Net Income	$14,408	$27,065	$43,425	$52,167
Earnings Per Share, Basic	$0.64	$1.23	$1.95	$2.36
Earnings Per Share, Diluted	$0.63	$1.20	$1.92	$2.32
Weighted Average Common Shares Outstanding, Basic	22,244,766	22,090,668	22,218,807	22,085,968
Weighted Average Common Shares Outstanding, Diluted	22,577,649	22,502,680	22,566,138	22,466,554

ContentsView on SEC.gov

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