secwatch.observer — SEC 8-K summary
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Issuer:     NORTHRIM BANCORP INC (NRIM)
CIK:        0001163370
Form:       8-K
Filed at:   2022-01-28T23:59:59+00:00
Accession:  0001163370-22-000006
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northrim BanCorp authorizes repurchase of additional 300,000 shares (5% of outstanding)
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- Board authorized purchase of up to 300,000 additional shares, ~5% of outstanding 6.1M shares.
- No shares remained under prior authorization; new program allows up to $13M in buybacks at current price.
- Company has repurchased and retired 1,749,927 shares since program inception.
- Repurchases to be made in open market or private transactions, subject to market conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163370/000116337022000006/0001163370-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163370/000116337022000006/nrim-20220128.htm
  HTML page:      https://secwatch.observer/filing/0001163370-22-000006

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