secwatch.observer — SEC 8-K summary
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Issuer:     NORTHRIM BANCORP INC (NRIM)
CIK:        0001163370
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0001163370-26-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northrim BanCorp Q4 net income $12.4M ($0.55 EPS); full-year 2025 net income $64.6M, up 75% YoY
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- Net income of $12.4M ($0.55 diluted EPS) in Q4 2025, up from $10.9M ($0.49) in Q4 2024 but down from $27.1M in Q3 2025 due to prior quarter gain.
- Full-year 2025 net income $64.6M ($2.87 diluted EPS), up 75% from $37.0M ($1.66) in 2024.
- Record net interest income $35.4M in Q4; net interest margin (tax-equivalent) 4.75%.
- Portfolio loans $2.30B, up 8% YoY; deposits $2.81B, up 5% YoY.
- Quarterly dividend unchanged at $0.16/share; issued $60M subordinated debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163370/000116337026000004/0001163370-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163370/000116337026000004/nrim-20260123.htm
  HTML page:      https://secwatch.observer/filing/0001163370-26-000004

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