Northrim BanCorp, Inc. (NRIM)

Northrim BanCorp Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	102.88	118.13	259.02	642.63	115.97	95.42
Investment Securities	594.92	717.09	743.73	477.96	293.29	314.16
Trading Asset Securities	10.26	10.81	13.17	7.42	11.42	3.76
Total Investments	605.17	727.9	756.9	485.38	304.71	317.92
Gross Loans	2,016	1,798	1,510	1,425	1,456	1,048
Allowance for Loan Losses	-19.53	-17.27	-13.84	-11.74	-21.14	-19.09
Other Adjustments to Gross Loans	-8.7	-8.6	-8.6	-11.5	-11.74	-5.09
Net Loans	1,988	1,772	1,488	1,402	1,423	1,024
Property, Plant & Equipment	47.24	49.79	47.69	48.17	50.54	52.73
Goodwill	15.02	15.02	15.02	15.02	15.02	15.02
Other Intangible Assets	0.95	1.69	2.71	3.85	4.93	5.67
Loans Held for Sale	97.94	31.97	27.54	73.65	146.18	67.83
Accrued Interest Receivable	9	11.96	9.94	6.85	7.98	4.51
Other Receivables	23.56	38.57	21.74	8.98	18.01	25.8
Restricted Cash	-	0.4	0.33	3.2	-	-
Other Current Assets	-	2.63	2.36	2.21	2.4	1.65
Long-Term Deferred Tax Assets	-	5.76	11.37	3.28	1.98	2.54
Other Real Estate Owned & Foreclosed	-	-	-	5.64	7.52	7.27
Other Long-Term Assets	69.28	28.47	27.95	20.63	21.1	21.22
Total Assets	2,963	2,807	2,674	2,725	2,122	1,644
Interest Bearing Deposits	1,646	1,593	1,512	1,457	1,098	801.56
Institutional Deposits	216.03	142.15	77.53	77.11	83.58	118.9
Non-Interest Bearing Deposits	763.6	749.68	797.43	887.82	643.83	451.9
Total Deposits	2,626	2,485	2,387	2,422	1,825	1,372
Short-Term Borrowings	9.03	10.48	12.73	6.03	8.27	3.02
Current Portion of Long-Term Debt	-	0.94	-	-	-	0.19
Current Portion of Leases	0.68	2.64	-	-	-	2.67
Federal Home Loan Bank Debt, Long-Term	13.35	12.74	14.1	14.51	14.82	8.7
Long-Term Leases	6.96	6.46	9.87	10.97	12.38	11.56
Trust Preferred Securities	10.31	10.31	10.31	10.31	10.31	10.31
Pension & Post-Retirement Benefits	-	7.7	8.4	8.5	6.3	4.9
Other Long-Term Liabilities	37.45	36.46	13.08	14.96	23.17	23.18
Total Liabilities	2,703	2,573	2,456	2,487	1,900	1,437
Common Stock	5.5	5.51	5.7	6.02	6.25	6.56
Additional Paid-In Capital	9.46	9.61	17.78	31.16	41.81	50.51
Retained Earnings	251.84	236.04	224.23	204.05	173.5	149.62
Comprehensive Income & Other	-6.75	-16.44	-29.08	-3.41	0.02	0.43
Total Common Equity	260.05	234.72	218.63	237.82	221.58	207.12
Shareholders' Equity	260.05	234.72	218.63	237.82	221.58	207.12
Total Liabilities & Equity	2,963	2,807	2,674	2,725	2,122	1,644
Total Debt	40.33	43.56	47	41.81	45.77	36.45
Net Cash (Debt)	72.81	85.38	225.19	608.23	81.61	62.73
Net Cash Growth	158.85%	-62.08%	-62.98%	645.25%	30.10%	132.07%
Net Cash Per Share	13.06	15.08	38.63	97.33	12.69	9.21
Filing Date Shares Outstanding	5.5	5.5	5.7	5.94	6.19	6.46
Total Common Shares Outstanding	5.5	5.51	5.7	6.01	6.25	6.56
Book Value Per Share	47.27	42.57	38.35	39.54	35.45	31.58
Tangible Book Value	244.08	218.01	200.9	218.95	201.62	186.43
Tangible Book Value Per Share	44.36	39.54	35.24	36.40	32.25	28.42

Source: S&P Capital IQ. Banks template. Financial Sources.