8-K
filed January 26, 2023, 6:59 PM ET
ticker NRIM
CIK 0001163370
earnings
confidence high
sentiment negative
materiality 0.65
Northrim BanCorp Q4 net income $8.6M ($1.48 EPS); FY $30.7M ($5.27 EPS) down 12%
NORTHRIM BANCORP INC
2022-FY EPS reported
$5.27
revenue$134,405,000
- Q4 EPS $1.48, down from $1.76 in Q3, up from $1.31 in Q4 2021.
- Full year EPS $5.27 vs $6.00 in 2021; net income $30.7M down 18%.
- NIMTE 4.36%, up 82 bps YoY and 9 bps QoQ; net interest income $27.3M up 4% QoQ, 26% YoY.
- Portfolio loans $1.50B up 7% QoQ; core loans up 15% YoY; deposits $2.39B down 2% QoQ.
- Nonperforming assets $6.4M, down from $10.8M in Q3; mortgage segment loss $897K in FY2022.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
NORTHRIM BANCORP INC reported the year ended December 31, 2022 results: net income $30.7 million, EPS $5.27 per diluted share.
- Period
- the year ended December 31, 2022
- Net income
- $30.7 million
- EPS
- $5.27 per diluted share
- Result
- reported results
Exact text from the filing
$30.7 Million, or $5.27 Per Diluted Share, for the Year Ended December 31, 2022
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
NORTHRIM BANCORP INC reported fourth quarter ended December 31, 2022 results: net income $8.6 million, EPS $1.48 per diluted share.
- Period
- fourth quarter ended December 31, 2022
- Net income
- $8.6 million
- EPS
- $1.48 per diluted share
- Result
- reported results
Exact text from the filing
Northrim BanCorp Earns $8.6 million, or $1.48 Per Diluted Share, in Fourth Quarter 2022
View on SEC.gov
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