Northrim Q4 net income $8.1M ($1.31 EPS); full year 2021 up 14% to $37.5M ($6.00 EPS)

NORTHRIM BANCORP INC

2021-FY EPS reported $6.00

Q4 2021 net income $8.11M ($1.31 diluted EPS) vs $8.88M ($1.42) in Q3 2021 and $10.10M ($1.59) in Q4 2020.
Full year 2021 net income $37.52M ($6.00 diluted EPS), up 14% from $32.89M ($5.11) in 2020.
Core loans (ex-PPP) grew 14% YoY to $1.30B; total deposits up 33% to $2.42B.
Net interest margin (tax-equivalent) 3.54% in Q4 2021, up 7 bps from Q3 2021.
Provision for credit losses benefited $1.08M in Q4 and $4.10M for full year 2021.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.