Company Analysis

Northrim BanCorp Inc (NRIM)

Nasdaq: NRIM · Savings Institution, Federally Chartered · Anchorage, AK · filing with the SEC since 2002
Grade6.0
◀ Past 5.5● Present 5.6▶ Future 7.1

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 6, 2026Mar 10, 2025Mar 8, 2024Mar 7, 2023Mar 4, 2022Mar 5, 2021Mar 6, 2020Mar 13, 2019Mar 13, 2018Mar 13, 2017
Revenue255,581195,960158,326134,405···5,9115,8266,280
For lenders
Interest and dividend income178,378153,919131,951100,32884,60676,71670,08364,17760,10858,918
Interest expense on deposits and borrowings42,76940,73628,6955,213······
Net interest income135,609113,183103,25695,11580,82770,66564,44261,20857,67856,357
Provision for credit losses3,9103,2933,8421,846-4,0992,432-1,175-5003,2002,298
Net interest income after provision131,699109,89099,41493,26984,92668,23365,61761,70854,47854,059
Noninterest income77,20342,04126,37534,07752,26363,32837,34632,16740,47443,263
Noninterest expense124,383104,93794,18188,85289,19689,11476,83869,80071,15376,280
Gross profit208,902151,931125,789127,346······
Interest expense··28,6955,2133,7796,0515,6412,9692,4302,561
Share of profit of equity-method investments·····00-804-6860
Income before income taxes84,51946,99431,60838,49447,99342,44726,12524,07523,79921,042
Income tax expense19,91110,0236,2147,75310,4769,5595,4344,07110,3216,052
Net income including non-controlling interests······20,69120,00413,47814,990
Net income to non-controlling interests······00327579
Net income64,60836,97125,39430,74137,51732,88820,69120,00413,15114,411
Earnings per share, basic2.921.68r1.13r1.3325b1.5175b1.295b0.77b0.7275b0.4775b0.5225b
Earnings per share, diluted2.871.66r1.12r1.3175b1.50b1.2775b0.76b0.715b0.47b0.515b
Weighted average shares, basic22,088,89122,011,188r22,405,884r23,060,352b24,723,204b25,418,748b26,834,488b27,510,292b27,558,484b27,534,652b
Weighted average shares, diluted22,485,35122,335,932r22,645,840r23,317,648b24,997,252b25,725,468b27,232,836b27,926,228b27,911,640b27,899,456b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 4-for-1 split of Sep 2025.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanLossesExpensed
Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome
Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Interest expense what its borrowing costus-gaap:InterestExpense
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton NRIM · research, not advice