---
schema_version: "secwatch.filing_event.v1"
accession: "0001163370-24-000030"
form_type: "8-K"
ticker: "NRIM"
cik: "0001163370"
company_name: "NORTHRIM BANCORP INC"
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T16:47:01.709113+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Northrim BanCorp Q2 net income $9.0M ($1.62/share), up 61% YoY

## Summary
- Net income $9.0M, diluted EPS $1.62 vs $0.98 in Q2 2023; ROAA 1.31%, ROAE 14.84%.
- Net interest income $27.1M (+2% q/q, +8% YoY); NIMTE 4.30% (+8bp q/q).
- Portfolio loans $1.88B (+4% q/q, +13% YoY); deposits $2.46B (+1% q/q, +7% YoY).
- Mortgage originations $181.5M, up from $101.7M in Q1 2024.
- Dividend maintained at $0.61/share; new CIO Nathan Reed appointed.

## SEC filing metadata
- accession: 0001163370-24-000030
- form_type: 8-K
- ticker: NRIM
- cik: 0001163370
- company_name: NORTHRIM BANCORP INC
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163370/000116337024000030/0001163370-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163370/000116337024000030/nrim-20240724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163370-24-000030
- JSON: https://secwatch.observer/filing/0001163370-24-000030.json
- Plain text: https://secwatch.observer/filing/0001163370-24-000030.txt

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