Northrim BanCorp, Inc. (NRIM)

Northrim BanCorp Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	42.1	118.13	259.02	642.63	115.97
Investment Securities	544.72	717.09	743.73	477.96	293.29
Trading Asset Securities	-	10.81	13.17	7.42	11.42
Total Investments	544.72	727.9	756.9	485.38	304.71
Gross Loans	2,138	1,798	1,510	1,425	1,456
Allowance for Loan Losses	-22.02	-17.27	-13.84	-11.74	-21.14
Other Adjustments to Gross Loans	-9.19	-8.6	-8.6	-11.5	-11.74
Net Loans	2,107	1,772	1,488	1,402	1,423
Property, Plant & Equipment	45.21	49.79	47.69	48.17	50.54
Goodwill	-	15.02	15.02	15.02	15.02
Other Intangible Assets	50.97	1.69	2.71	3.85	4.93
Loans Held for Sale	59.96	31.97	27.54	73.65	146.18
Accrued Interest Receivable	-	11.96	9.94	6.85	7.98
Other Receivables	74.08	38.57	21.74	8.98	18.01
Restricted Cash	-	0.4	0.33	3.2	-
Other Current Assets	-	2.63	2.36	2.21	2.4
Long-Term Deferred Tax Assets	-	5.76	11.37	3.28	1.98
Other Real Estate Owned & Foreclosed	0.3	-	-	5.64	7.52
Other Long-Term Assets	111.96	28.47	27.95	20.63	21.1
Total Assets	3,042	2,807	2,674	2,725	2,122
Interest Bearing Deposits	1,974	1,593	1,512	1,457	1,098
Institutional Deposits	-	142.15	77.53	77.11	83.58
Non-Interest Bearing Deposits	706.23	749.68	797.43	887.82	643.83
Total Deposits	2,680	2,485	2,387	2,422	1,825
Short-Term Borrowings	-	10.48	12.73	6.03	8.27
Current Portion of Long-Term Debt	-	0.94	-	-	-
Current Portion of Leases	-	2.64	-	-	-
Federal Home Loan Bank Debt, Long-Term	23.05	12.74	14.1	14.51	14.82
Long-Term Leases	7.49	6.46	9.87	10.97	12.38
Trust Preferred Securities	10.31	10.31	10.31	10.31	10.31
Pension & Post-Retirement Benefits	-	7.7	8.4	8.5	6.3
Other Long-Term Liabilities	53.72	36.46	13.08	14.96	23.17
Total Liabilities	2,775	2,573	2,456	2,487	1,900
Common Stock	267.12	5.51	5.7	6.02	6.25
Additional Paid-In Capital	-	9.61	17.78	31.16	41.81
Retained Earnings	-	236.04	224.23	204.05	173.5
Comprehensive Income & Other	-	-16.44	-29.08	-3.41	0.02
Total Common Equity	267.12	234.72	218.63	237.82	221.58
Shareholders' Equity	267.12	234.72	218.63	237.82	221.58
Total Liabilities & Equity	3,042	2,807	2,674	2,725	2,122
Total Debt	40.84	43.56	47	41.81	45.77
Net Cash (Debt)	21.89	85.38	225.19	608.23	81.61
Net Cash Growth	-74.36%	-62.08%	-62.98%	645.25%	30.10%
Net Cash Per Share	3.92	15.08	38.63	97.33	12.69
Filing Date Shares Outstanding	5.52	5.5	5.7	5.94	6.19
Total Common Shares Outstanding	5.52	5.51	5.7	6.01	6.25
Book Value Per Share	48.41	42.57	38.35	39.54	35.45
Tangible Book Value	216.15	218.01	200.9	218.95	201.62
Tangible Book Value Per Share	39.17	39.54	35.24	36.40	32.25

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