{"schema_version":"secwatch.filing_event.v1","accession":"0001163370-23-000041","form_type":"8-K","ticker":"NRIM","cik":"0001163370","company_name":"NORTHRIM BANCORP INC","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.266041+00:00","generated_at":"2026-06-12T23:48:17.428177+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Northrim BanCorp Q2 net income $5.6M, EPS $0.98, up from $0.84 Q1 and $0.83 YoY","bullets":["Net income of $5.6M ($0.98 diluted EPS) vs $4.8M ($0.84) in Q1 2023 and $4.8M ($0.83) in Q2 2022.","Net interest income rose 13% YoY to $25.1M; NIMTE 4.21%, down 9bp QoQ but up 51bp YoY.","Portfolio loans $1.66B, up 8% QoQ and 18% YoY; 74% variable rate.","Dividend held at $0.60/sh (unchanged QoQ, +48% YoY); cost of interest-bearing deposits rose to 1.56%.","CEO cites solid loan growth, expects NIM stabilization as lower-yielding assets reprice."],"urls":{"canonical":"https://secwatch.observer/filing/0001163370-23-000041","json":"https://secwatch.observer/filing/0001163370-23-000041.json","markdown":"https://secwatch.observer/filing/0001163370-23-000041.md","text":"https://secwatch.observer/filing/0001163370-23-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163370/000116337023000041/0001163370-23-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163370/000116337023000041/nrim-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:48:17.428177+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8f83c076b25865cf605dfe72156077710c94e3f2","claim":"NORTHRIM BANCORP INC reported the second quarter of 2023 results: net income $5.6 million, EPS $0.98 per diluted share.","evidence_excerpt":"Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $5.6 million, or $0.98 per diluted share, in the second quarter of 2023, compared to $4.8 million, or $0.84 per diluted share, in the first quarter of 2023, and $4.8 million, or $0.83 per diluted share, in the second quarter a year ago.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163370/000116337023000041/0001163370-23-000041-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of 2023"},{"label":"Net income","value":"$5.6 million"},{"label":"EPS","value":"$0.98 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}