---
schema_version: "secwatch.filing_event.v1"
accession: "0001163370-24-000035"
form_type: "8-K"
ticker: "NRIM"
cik: "0001163370"
company_name: "NORTHRIM BANCORP INC"
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:21:37.944008+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.68
calibrated_materiality_score: 0.68
confidence: "high"
source: SEC EDGAR
---

# Northrim BanCorp Q3 2024 EPS $1.57, loans +7% QoQ, dividend raised to $0.62

## Summary
- Net income $8.8M ($1.57 diluted EPS) vs $9.0M ($1.62) in Q2 2024 and $8.4M ($1.48) in Q3 2023.
- Net interest income $28.8M (+7% QoQ, +9% YoY); NIMTE 4.35%, up 5bp from Q2.
- Portfolio loans $2.01B (+7% QoQ, +17% YoY); deposits $2.63B (+7% QoQ, +8% YoY).
- Dividend increased to $0.62 per share from $0.61 in Q2 2024 and $0.60 in Q3 2023.
- Mortgage originations $248M, up 37% from $181.5M in Q2 2024.

## SEC filing metadata
- accession: 0001163370-24-000035
- form_type: 8-K
- ticker: NRIM
- cik: 0001163370
- company_name: NORTHRIM BANCORP INC
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.68
- calibrated_materiality_score: 0.68
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163370/000116337024000035/0001163370-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163370/000116337024000035/nrim-20241023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163370-24-000035
- JSON: https://secwatch.observer/filing/0001163370-24-000035.json
- Plain text: https://secwatch.observer/filing/0001163370-24-000035.txt

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