---
schema_version: "secwatch.filing_event.v1"
accession: "0001163370-21-000032"
form_type: "8-K"
ticker: "NRIM"
cik: "0001163370"
company_name: "NORTHRIM BANCORP INC"
filed_at: "2021-10-29T23:59:59+00:00"
generated_at: "2026-06-28T16:07:23.701524+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Northrim BanCorp Q3 net income $8.9M, EPS $1.42; core loan growth 11% YoY

## Summary
- Net income $8.88M ($1.42 diluted EPS) vs $11.86M ($1.84) in Q3 2020; sequential up from $8.35M ($1.33).
- Net interest income $20.4M (+6% QoQ, +12% YoY); NIMTE 3.47% down 46 bps YoY.
- Core loans (ex-PPP) grew to $1.25B (+11% YoY); total deposits $2.30B (+27% YoY).
- PPP funded $612.6M total; no new originations in Q3; $102.4M forgiven in Q3.
- Provision benefit $1.1M; nonaccrual loans $11.5M vs $12.0M Q2; repurchased 29,613 shares.

## SEC filing metadata
- accession: 0001163370-21-000032
- form_type: 8-K
- ticker: NRIM
- cik: 0001163370
- company_name: NORTHRIM BANCORP INC
- filed_at: 2021-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163370/000116337021000032/0001163370-21-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163370/000116337021000032/nrim-20211029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163370-21-000032
- JSON: https://secwatch.observer/filing/0001163370-21-000032.json
- Plain text: https://secwatch.observer/filing/0001163370-21-000032.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.