---
schema_version: "secwatch.filing_event.v1"
accession: "0001163370-23-000005"
form_type: "8-K"
ticker: "NRIM"
cik: "0001163370"
company_name: "NORTHRIM BANCORP INC"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T07:55:46.149109+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Northrim BanCorp Q4 net income $8.6M ($1.48 EPS); FY $30.7M ($5.27 EPS) down 12%

## Summary
- 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.

## SEC filing metadata
- accession: 0001163370-23-000005
- form_type: 8-K
- ticker: NRIM
- cik: 0001163370
- company_name: NORTHRIM BANCORP INC
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163370/000116337023000005/0001163370-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163370/000116337023000005/nrim-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163370-23-000005
- JSON: https://secwatch.observer/filing/0001163370-23-000005.json
- Plain text: https://secwatch.observer/filing/0001163370-23-000005.txt

## Key facts
- Earnings Releases
  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
  source text: $30.7 Million, or $5.27 Per Diluted Share, for the Year Ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163370/000116337023000005/0001163370-23-000005-index.htm
- Earnings Releases
  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
  source text: Northrim BanCorp Earns $8.6 million, or $1.48 Per Diluted Share, in Fourth Quarter 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163370/000116337023000005/0001163370-23-000005-index.htm

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