Northrim BanCorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	160.15	134.74	108.61	82.79	79.24
Interest Income on Investments	18.23	19.18	23.34	17.54	5.37
Total Interest Income	178.38	153.92	131.95	100.33	84.61
Interest Paid on Deposits	40.46	39.35	26.51	4.49	3.08
Interest Paid on Borrowings	2.31	1.39	2.18	0.73	0.7
Total Interest Expense	42.77	40.74	28.7	5.21	3.78
Net Interest Income	135.61	113.18	103.26	95.12	80.83
Net Interest Income Growth (YoY)	19.81%	9.61%	8.56%	17.68%	14.38%
Mortgage Banking Activities	25.24	24	12.76	21.57	42.14
Gain (Loss) on Sale of Assets	14.49	-	-	-	-
Gain (Loss) on Sale of Investments	0.17	0.58	0.12	-1.12	-0.03
Other Non-Interest Income	34.32	15.11	11.45	10.01	8.86
Total Non-Interest Income	77.2	42.04	26.38	32.08	52.26
Non-Interest Income Growth (YoY)	83.64%	59.40%	-17.77%	-38.63%	-17.47%
Revenues Before Loan Losses	212.81	155.22	129.63	127.19	133.09
Provision for Loan Losses	3.91	3.29	3.84	1.85	-4.1
Revenue	208.9	151.93	125.79	125.34	137.19
Revenue Growth (YoY)	37.50%	20.78%	0.36%	-8.63%	4.28%
Salaries and Employee Benefits	78.34	66.93	60.8	57.43	59.34
Occupancy Expenses	-	4.49	4.43	-	-
Federal Deposit Insurance	3.21	2.96	2.52	2.05	1.59
Amortization of Goodwill & Intangibles	-	-	0.02	0.03	0.04
Selling, General & Administrative	29.36	22.39	19.78	22.32	22.26
Other Non-Interest Expense	13.49	8.54	7.43	6.52	6.4
Total Non-Interest Expense	124.38	104.94	94.18	88.85	89.2
EBT Excluding Unusual Items	84.52	46.99	31.61	36.49	47.99
Pretax Income	84.52	46.99	31.61	38.49	47.99
Income Tax Expense	19.91	10.02	6.21	7.75	10.48
Earnings From Continuing Operations	64.61	36.97	25.39	30.74	37.52
Net Income	64.61	36.97	25.39	30.74	37.52
Net Income to Common	64.61	36.97	25.39	30.74	37.52
Net Income Growth	74.75%	45.59%	-17.39%	-18.06%	14.07%
Basic Shares Outstanding	22	22	22	23	25
Diluted Shares Outstanding	22	22	23	23	25
Shares Change (YoY)	0.67%	-1.37%	-2.88%	-6.72%	-2.83%
EPS (Basic)	2.92	1.68	1.13	1.33	1.52
EPS (Diluted)	2.87	1.65	1.12	1.32	1.50
EPS Growth	73.41%	47.44%	-14.80%	-12.17%	17.42%
Dividend Per Share	0.640	0.623	0.603	0.502	0.385
Dividend Growth	2.81%	3.32%	19.90%	30.52%	9.22%
Effective Tax Rate	23.56%	21.33%	19.66%	20.14%	21.83%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q