---
schema_version: "secwatch.filing_event.v1"
accession: "0001163370-25-000027"
form_type: "8-K"
ticker: "NRIM"
cik: "0001163370"
company_name: "NORTHRIM BANCORP INC"
filed_at: "2025-07-23T23:59:59+00:00"
generated_at: "2026-05-18T03:12:37.967272+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Northrim Q2 net income $11.8M ($2.09 EPS); NIM expands to 4.72%

## Summary
- Net income $11.8M ($2.09 diluted EPS) vs $9.0M ($1.62) in Q2 2024; Q1 2025 was $13.3M ($2.38).
- Net interest income $33.6M, up 7% QoQ and 24% YoY; NIMTE 4.72%, +42bp YoY.
- Portfolio loans $2.20B (+4% QoQ, +17% YoY); deposits $2.81B (+1% QoQ, +14% YoY).
- Mortgage originations $277.1M, more than double Q1 ($121.6M) and up 53% YoY.
- Dividend unchanged at $0.64/share; Sallyport acquisition boosted purchased receivable income.

## SEC filing metadata
- accession: 0001163370-25-000027
- form_type: 8-K
- ticker: NRIM
- cik: 0001163370
- company_name: NORTHRIM BANCORP INC
- filed_at: 2025-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163370/000116337025000027/0001163370-25-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163370/000116337025000027/nrim-20250723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163370-25-000027
- JSON: https://secwatch.observer/filing/0001163370-25-000027.json
- Plain text: https://secwatch.observer/filing/0001163370-25-000027.txt

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