---
schema_version: "secwatch.filing_event.v1"
accession: "0001163370-26-000032"
form_type: "8-K"
ticker: "NRIM"
cik: "0001163370"
company_name: "NORTHRIM BANCORP INC"
filed_at: "2026-10-15T21:28:26+00:00"
generated_at: "2026-10-15T21:30:05.922846+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Northrim Q3 2026 EPS $0.63, down from $1.20 YoY; $8.8M impairment on $20M Specialty Finance loan

## Summary
- Q3 2026 net income $14.4M, or $0.63 per diluted share, vs $15.3M/$0.68 in Q2 2026 and $27.1M/$1.20 in Q3 2025; adjusted EPS $0.60.
- $8.8M pre-tax impairment (~$6.7M after-tax, $0.29/share) on a single $20.0M Northrim Funding Services relationship; resolution may take several quarters.
- Net interest income rose 5% QoQ and 10% YoY to $38.9M; NIMTE was 5.02%; total deposits grew 5% QoQ and YoY to $3.05B.
- Quarterly dividend per share increased to $0.17 from $0.16 in both Q2 2026 and Q3 2025.
- PBCO Financial merger progressing; S-4 effective Sept 17, 2026, joint proxy mailed Sept 18; pro forma assets expected above $4B.

## SEC filing metadata
- accession: 0001163370-26-000032
- form_type: 8-K
- ticker: NRIM
- cik: 0001163370
- company_name: NORTHRIM BANCORP INC
- filed_at: 2026-10-15T21:28:26+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 2.06, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163370/000116337026000032/0001163370-26-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163370/000116337026000032/nrim-20261015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163370-26-000032
- JSON: https://secwatch.observer/filing/0001163370-26-000032.json
- Plain text: https://secwatch.observer/filing/0001163370-26-000032.txt

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