Northrim BanCorp, Inc. (NRIM)

Northrim BanCorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	156.19	134.74	108.61	82.79	79.24	71.09
Interest Income on Investments	17.93	19.18	23.34	17.54	5.37	5.63
Total Interest Income	174.12	153.92	131.95	100.33	84.61	76.72
Interest Paid on Deposits	40.95	39.35	26.51	4.49	3.08	5.28
Interest Paid on Borrowings	2.1	1.39	2.18	0.73	0.7	0.77
Total Interest Expense	43.05	40.74	28.7	5.21	3.78	6.05
Net Interest Income	131.08	113.18	103.26	95.12	80.83	70.67
Net Interest Income Growth (YoY)	20.17%	9.61%	8.56%	17.68%	14.38%	9.66%
Mortgage Banking Activities	25.96	24	12.76	21.57	42.14	52.64
Gain (Loss) on Sale of Assets	14.21	-	-	-	-	-
Gain (Loss) on Sale of Investments	-0.15	0.58	0.12	-1.12	-0.03	0.16
Other Non-Interest Income	31.1	15.11	11.45	10.01	8.86	9.43
Total Non-Interest Income	73.95	42.04	26.38	32.08	52.26	63.33
Non-Interest Income Growth (YoY)	108.36%	59.40%	-17.77%	-38.63%	-17.47%	69.57%
Revenues Before Loan Losses	205.03	155.22	129.63	127.19	133.09	133.99
Provision for Loan Losses	3.48	3.29	3.84	1.85	-4.1	2.43
Revenue	201.54	151.93	125.79	125.34	137.19	131.56
Revenue Growth (YoY)	42.34%	20.78%	0.36%	-8.63%	4.28%	27.77%
Salaries and Employee Benefits	74.62	66.93	60.8	57.43	59.34	60.19
Occupancy Expenses	4.49	4.49	4.43	-	-	-
Federal Deposit Insurance	3.47	2.96	2.52	2.05	1.59	1.23
Amortization of Goodwill & Intangibles	-	-	0.02	0.03	0.04	0.05
Selling, General & Administrative	25.77	22.39	19.78	22.32	22.26	20.71
Other Non-Interest Expense	11.99	8.54	7.43	6.52	6.4	7.17
Total Non-Interest Expense	120.34	104.94	94.18	88.85	89.2	89.11
EBT Excluding Unusual Items	81.21	46.99	31.61	36.49	47.99	42.45
Pretax Income	81.21	46.99	31.61	38.49	47.99	42.45
Income Tax Expense	18.11	10.02	6.21	7.75	10.48	9.56
Earnings From Continuing Operations	63.09	36.97	25.39	30.74	37.52	32.89
Net Income	63.09	36.97	25.39	30.74	37.52	32.89
Net Income to Common	63.09	36.97	25.39	30.74	37.52	32.89
Net Income Growth	93.20%	45.59%	-17.39%	-18.06%	14.07%	58.95%
Basic Shares Outstanding	22	22	22	23	25	25
Diluted Shares Outstanding	22	22	23	23	25	26
Shares Change (YoY)	0.72%	-1.37%	-2.88%	-6.72%	-2.83%	-5.54%
EPS (Basic)	2.86	1.68	1.13	1.33	1.52	1.29
EPS (Diluted)	2.80	1.65	1.12	1.32	1.50	1.28
EPS Growth	91.08%	47.44%	-14.80%	-12.17%	17.42%	68.09%
Dividend Per Share	0.632	0.623	0.603	0.502	0.385	0.352
Dividend Growth	1.61%	3.32%	19.90%	30.52%	9.22%	8.46%
Effective Tax Rate	22.31%	21.33%	19.66%	20.14%	21.83%	22.52%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q