Northrim BanCorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	166.74	160.15	134.74	108.61	82.79	79.24
Interest Income on Investments	20.51	18.23	19.18	23.34	17.54	5.37
Total Interest Income	187.25	178.38	153.92	131.95	100.33	84.61
Interest Paid on Deposits	36.88	40.46	39.35	26.51	4.49	3.08
Interest Paid on Borrowings	4.31	2.31	1.39	2.18	0.73	0.7
Total Interest Expense	41.2	42.77	40.74	28.7	5.21	3.78
Net Interest Income	146.06	135.61	113.18	103.26	95.12	80.83
Net Interest Income Growth	11.43%	19.81%	9.61%	8.56%	17.68%	14.38%
Mortgage Banking Activities	28.66	25.24	24	12.76	21.57	42.14
Gain (Loss) on Sale of Assets	0.57	14.49	-	-	-	-
Gain (Loss) on Sale of Investments	1.62	0.17	0.58	0.12	-1.12	-0.03
Other Non-Interest Income	34.29	34.32	15.11	11.45	10.01	8.86
Total Non-Interest Income	68.66	77.2	42.04	26.38	32.08	52.26
Non-Interest Income Growth	-7.15%	83.64%	59.40%	-17.77%	-38.63%	-17.47%
Revenues Before Loan Losses	214.72	212.81	155.22	129.63	127.19	133.09
Provision for Loan Losses	11.94	3.91	3.29	3.84	1.85	-4.1
Revenue	202.78	208.9	151.93	125.79	125.34	137.19
Revenue Growth	0.61%	37.50%	20.78%	0.36%	-8.63%	4.28%
Salaries and Employee Benefits	80.09	76.6	66.93	60.8	57.43	59.34
Occupancy Expenses	4.52	4.52	4.49	-	-	-
Federal Deposit Insurance	1.89	3.21	2.96	2.52	2.05	1.59
Amortization of Goodwill & Intangibles	-	-	-	0.02	0.03	0.04
Selling, General & Administrative	28.84	26.58	22.39	24.21	22.32	22.26
Other Non-Interest Expense	13.7	13.49	8.54	7.43	6.52	6.4
Total Non-Interest Expense	129.25	124.38	104.94	94.18	88.85	89.2
EBT Excluding Unusual Items	73.54	84.52	46.99	31.61	36.49	47.99
Pretax Income	73.54	84.52	46.99	31.61	38.49	47.99
Income Tax Expense	17.67	19.91	10.02	6.21	7.75	10.48
Earnings From Continuing Operations	55.87	64.61	36.97	25.39	30.74	37.52
Net Income	55.87	64.61	36.97	25.39	30.74	37.52
Net Income to Common	55.87	64.61	36.97	25.39	30.74	37.52
Net Income Growth	-11.46%	74.75%	45.59%	-17.39%	-18.06%	14.07%
Basic Shares Outstanding	22	22	22	22	23	25
Diluted Shares Outstanding	23	22	22	23	23	25
Shares Change	0.43%	0.67%	-1.37%	-2.88%	-6.72%	-2.83%
EPS (Basic)	2.52	2.92	1.68	1.13	1.33	1.52
EPS (Diluted)	2.47	2.87	1.66	1.12	1.32	1.50
EPS Growth	-11.91%	72.89%	48.21%	-14.99%	-12.17%	17.42%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Dividend Per Share	0.650	0.640	0.623	0.603	0.502	0.385
Dividend Growth	2.77%	2.81%	3.32%	19.90%	30.52%	9.22%
Effective Tax Rate	24.03%	23.56%	21.33%	19.66%	20.14%	21.83%

SEC Filings: 10-K · 10-Q