Northrim BanCorp Q1 net income $4.8M, EPS $0.84, down from Q4 $8.6M

NORTHRIM BANCORP INC

2023-Q1 EPS reported $0.84

Net income $4.8M ($0.84 diluted EPS) vs Q4 2022 $8.6M ($1.48) and Q1 2022 $7.2M ($1.20).
Dividend increased to $0.60/share from $0.50 in Q4 2022 and $0.41 in Q1 2022.
Net interest margin (NIMTE) 4.30%, down 6bp from Q4 but up 110bp YoY.
Total deposits $2.30B, down 4% QoQ; cost of interest-bearing deposits rose to 1.20% from 0.56%.
Portfolio loans grew 2% QoQ and 11% YoY to $1.54B; credit quality remains strong.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NORTHRIM BANCORP INC reported first quarter of 2023 results: net income $4.8 million, EPS $0.84 per diluted share.

Period: first quarter of 2023
Net income: $4.8 million
EPS: $0.84 per diluted share
Result: reported results

Exact text from the filing

Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $4.8 million, or $0.84 per diluted share, in the first quarter of 2023

View on SEC.gov

Browse all earnings releases →

NORTHRIM BANCORP INC filing history →

Source: SEC EDGAR

accession 0001163370-23-000027

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.