---
schema_version: "secwatch.filing_event.v1"
accession: "0001163370-22-000029"
form_type: "8-K"
ticker: "NRIM"
cik: "0001163370"
company_name: "NORTHRIM BANCORP INC"
filed_at: "2022-10-26T23:59:59+00:00"
generated_at: "2026-06-23T00:42:13.297974+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Northrim BanCorp Q3 net income $10.1M ($1.76 EPS); dividend raised to $0.50

## Summary
- Net income $10.1M vs $4.8M in Q2 2022 and $8.9M in Q3 2021; diluted EPS $1.76 vs $0.83 and $1.42.
- Net interest income $26.3M (+18% QoQ); net interest margin (tax-equivalent) 4.27% (+57 bp QoQ).
- Dividend increased to $0.50/share from $0.41 in Q2 2022; payable date not specified in release.
- Portfolio loans $1.41B, core loans ex-PPP up; total deposits $2.44B (+4% QoQ, +6% YoY).
- Weighted avg rate on new loans 5.76% vs 4.66% prior quarter; 75% of loans are adjustable rate.

## SEC filing metadata
- accession: 0001163370-22-000029
- form_type: 8-K
- ticker: NRIM
- cik: 0001163370
- company_name: NORTHRIM BANCORP INC
- filed_at: 2022-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163370/000116337022000029/0001163370-22-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163370/000116337022000029/nrim-20221026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163370-22-000029
- JSON: https://secwatch.observer/filing/0001163370-22-000029.json
- Plain text: https://secwatch.observer/filing/0001163370-22-000029.txt

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