---
schema_version: "secwatch.filing_event.v1"
accession: "0001163370-25-000005"
form_type: "8-K"
ticker: "NRIM"
cik: "0001163370"
company_name: "NORTHRIM BANCORP INC"
filed_at: "2025-01-27T23:59:59+00:00"
generated_at: "2026-05-27T09:00:56.868083+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Northrim BanCorp Q4 EPS $1.95 vs $1.19 YoY; NIMTE expands to 4.47%; assets top $3B

## Summary
- Net income $10.9M in Q4 2024, up 65% from $6.6M a year ago; diluted EPS $1.95 vs $1.19.
- Net interest income up 15% YoY to $30.8M; NIMTE 4.47% (+35bp YoY).
- Total assets exceeded $3B for first time; total loans $2.13B (+19% YoY), deposits $2.68B (+8% YoY).
- Acquired Sallyport on Oct 31 for approx. $53.9M ($47.9M cash + $6M earn-out).
- Quarterly dividend $0.62 per share, unchanged from Q3 but up from $0.60 a year ago.

## SEC filing metadata
- accession: 0001163370-25-000005
- form_type: 8-K
- ticker: NRIM
- cik: 0001163370
- company_name: NORTHRIM BANCORP INC
- filed_at: 2025-01-27T23:59:59+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/1163370/000116337025000005/0001163370-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163370/000116337025000005/nrim-20250124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163370-25-000005
- JSON: https://secwatch.observer/filing/0001163370-25-000005.json
- Plain text: https://secwatch.observer/filing/0001163370-25-000005.txt

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