{"schema_version":"secwatch.filing_event.v1","accession":"0001163370-24-000040","form_type":"8-K","ticker":"NRIM","cik":"0001163370","company_name":"NORTHRIM BANCORP INC","filed_at":"2024-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.819364+00:00","generated_at":"2026-05-30T06:49:39.885517+00:00","sec_items":["1.01","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Northrim BanCorp acquires Sallyport Commercial Finance for ~$53.9M; expects 15% EPS accretion in 2025","bullets":["All-cash acquisition of factoring and ABL provider closed Oct 31, 2024; total consideration ~$53.9M.","SCF surpassed $5B in debts factored in 2023; serves small/medium enterprises in U.S. and Canada.","Deal expected to add ~15% to Northrim’s 2025 diluted earnings per share.","SCF co-founder Nick Hart and existing management team will remain in place.","Northrim funded through cash on hand; had prior lending relationship with Sallyport."],"urls":{"canonical":"https://secwatch.observer/filing/0001163370-24-000040","json":"https://secwatch.observer/filing/0001163370-24-000040.json","markdown":"https://secwatch.observer/filing/0001163370-24-000040.md","text":"https://secwatch.observer/filing/0001163370-24-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163370/000116337024000040/0001163370-24-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163370/000116337024000040/nrim-20241031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T06:49:39.885517+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}