{"schema_version":"secwatch.filing_event.v1","accession":"0001163370-24-000024","form_type":"8-K","ticker":"NRIM","cik":"0001163370","company_name":"NORTHRIM BANCORP INC","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.499069+00:00","generated_at":"2026-06-03T09:22:20.576626+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Northrim BanCorp Q1 2024 net income $8.2M ($1.48 EPS) up 71% YoY; CEO succession complete","bullets":["Net income $8.2M ($1.48 diluted EPS) vs $6.6M ($1.19) in Q4 2023 and $4.8M ($0.84) in Q1 2023.","Net interest income $26.4M, stable sequentially; net interest margin (tax-equivalent) 4.22%.","Portfolio loans $1.81B (+18% YoY); total deposits $2.43B (+6% YoY).","Schierhorn resigned as CEO/President (remains Chairman); Huston appointed President, CEO, COO effective April 6.","Dividend increased 2% to $0.61 per share from $0.60 in prior quarters."],"urls":{"canonical":"https://secwatch.observer/filing/0001163370-24-000024","json":"https://secwatch.observer/filing/0001163370-24-000024.json","markdown":"https://secwatch.observer/filing/0001163370-24-000024.md","text":"https://secwatch.observer/filing/0001163370-24-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163370/000116337024000024/0001163370-24-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163370/000116337024000024/nrim-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:22:20.576626+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":"14cafbf5c418416527063e62e7f99df83e7147c0","claim":"NORTHRIM BANCORP INC reported first quarter ended March 31, 2024 results: net income $8.2 million, EPS $1.48 per diluted share.","evidence_excerpt":"Northrim BanCorp Earns $8.2 Million, or $1.48 Per Diluted Share, in First Quarter 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163370/000116337024000024/0001163370-24-000024-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Net income","value":"$8.2 million"},{"label":"EPS","value":"$1.48 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"}