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	Jun '26 Jun 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	164.46	160.15	134.74	108.61	82.79	79.24
Interest Income on Investments	19.61	18.23	19.18	23.34	17.54	5.37
Total Interest Income	184.07	178.38	153.92	131.95	100.33	84.61
Interest Paid on Deposits	37.99	40.46	39.35	26.51	4.49	3.08
Interest Paid on Borrowings	3.56	2.31	1.39	2.18	0.73	0.7
Total Interest Expense	41.55	42.77	40.74	28.7	5.21	3.78
Net Interest Income	142.52	135.61	113.18	103.26	95.12	80.83
Net Interest Income Growth	14.41%	19.81%	9.61%	8.56%	17.68%	14.38%
Mortgage Banking Activities	27.19	25.24	24	12.76	21.57	42.14
Gain (Loss) on Sale of Assets	14.49	14.49	-	-	-	-
Gain (Loss) on Sale of Investments	0.05	0.17	0.58	0.12	-1.12	-0.03
Other Non-Interest Income	34.11	34.32	15.11	11.45	10.01	8.86
Total Non-Interest Income	79.14	77.2	42.04	26.38	32.08	52.26
Non-Interest Income Growth	45.74%	83.64%	59.40%	-17.77%	-38.63%	-17.47%
Revenues Before Loan Losses	221.66	212.81	155.22	129.63	127.19	133.09
Provision for Loan Losses	5.93	3.91	3.29	3.84	1.85	-4.1
Revenue	215.73	208.9	151.93	125.79	125.34	137.19
Revenue Growth	23.24%	37.50%	20.78%	0.36%	-8.63%	4.28%
Salaries and Employee Benefits	78.67	76.6	66.93	60.8	57.43	59.34
Occupancy Expenses	4.52	4.52	4.49	-	-	-
Federal Deposit Insurance	2.28	3.21	2.96	2.52	2.05	1.59
Amortization of Goodwill & Intangibles	-	-	-	0.02	0.03	0.04
Selling, General & Administrative	27.21	26.58	22.39	24.21	22.32	22.26
Other Non-Interest Expense	13.6	13.49	8.54	7.43	6.52	6.4
Total Non-Interest Expense	126.37	124.38	104.94	94.18	88.85	89.2
EBT Excluding Unusual Items	89.36	84.52	46.99	31.61	36.49	47.99
Pretax Income	89.36	84.52	46.99	31.61	38.49	47.99
Income Tax Expense	20.84	19.91	10.02	6.21	7.75	10.48
Earnings From Continuing Operations	68.52	64.61	36.97	25.39	30.74	37.52
Net Income	68.52	64.61	36.97	25.39	30.74	37.52
Net Income to Common	68.52	64.61	36.97	25.39	30.74	37.52
Net Income Growth	52.77%	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	0.48%	0.67%	-1.37%	-2.88%	-6.72%	-2.83%
EPS (Basic)	3.09	2.92	1.68	1.13	1.33	1.52
EPS (Diluted)	3.04	2.87	1.66	1.12	1.32	1.50
EPS Growth	51.57%	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	Jun '26 Jun 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	0.320	0.640	0.623	0.603	0.502	0.385
Dividend Growth	-49.61%	2.81%	3.32%	19.90%	30.52%	9.22%
Effective Tax Rate	23.32%	23.56%	21.33%	19.66%	20.14%	21.83%

SEC Filings: 10-K · 10-Q