Highest-materiality recent filing
Northrim BanCorp reports 2026 annual meeting results; all proposals approved
Elected 12 directors; each received >14.2M votes for out of ~15M cast, with broker nonvotes ~2.5M.
Northrim BanCorp Q1 2026 net income $13.7M ($0.61 diluted EPS), up from Q4 2025
Net income $13.7M ($0.61 diluted) vs $12.4M ($0.55) in Q4 2025 and $13.3M ($0.60) in Q1 2025.
Northrim BanCorp Q4 net income $12.4M ($0.55 EPS); full-year 2025 net income $64.6M, up 75% YoY
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.
Northrim BanCorp enters new employment agreements with five executives; base salaries increased
CEO Huston salary raised to $630,000; receives 20% of base salary as annual deferred comp contribution.
Northrim BanCorp closes $60M subordinated notes offering at 6.875% fixed rate due 2035
Closed private placement of $60.0M aggregate principal of 6.875% Fixed-to-Floating Rate Subordinated Notes due 2035.
Northrim BanCorp Q3 2025 net income $27.1M ($1.20 EPS), up from $8.8M a year ago
Net income $27.1M ($1.20 diluted EPS) vs $8.8M ($0.39) in Q3 2024; adjusted net income $16.2M ($0.72).
Northrim BanCorp announces 4-for-1 forward stock split effective Sept 18, 2025
4-for-1 forward split effective 2:01 p.m. Alaska Standard Time on September 18, 2025.
Northrim BanCorp Chair Joseph Schierhorn to retire; CEO Mike Huston becomes Chairman Jan 1, 2026
Joseph M. Schierhorn to retire as director and Chairman of Northrim BanCorp and Northrim Bank effective Dec 31, 2025.
NRIM: 4-for-1 stock split; record Sept 18, trading Sept 23
4-for-1 forward stock split; each holder gets three additional shares per share held.
Northrim Q2 net income $11.8M ($2.09 EPS); NIM expands to 4.72%
Net income $11.8M ($2.09 diluted EPS) vs $9.0M ($1.62) in Q2 2024; Q1 2025 was $13.3M ($2.38).
Northrim BanCorp changes auditor to Baker Tilly after Moss Adams merger
Moss Adams LLP resigned as auditor after merging with Baker Tilly US, LLP effective June 3, 2025.
Northrim BanCorp shareholders elect 13 directors, approve 2025 stock plan
All 13 directors elected; broker non-votes total 708,314 for each nominee.
Northrim BanCorp Q1 net income $13.3M ($2.38 EPS); dividend raised to $0.64
Net income $13.3M vs $8.2M a year ago; diluted EPS $2.38 vs $1.48 YoY, record first quarter.
Northrim BanCorp Q4 EPS $1.95 vs $1.19 YoY; NIMTE expands to 4.47%; assets top $3B
Net income $10.9M in Q4 2024, up 65% from $6.6M a year ago; diluted EPS $1.95 vs $1.19.
New employment agreements effective Jan 1, 2025 for CEO Huston (base $535K), CFO Ballard ($376,375), Chairman Schierhorn, EVP Zins ($329,935), and new EVP Edwards ($289,682).
Northrim BanCorp appoints Shauna Hegna to Board of Directors, expanding board to 13
Board increased from 12 to 13 directors; Hegna appointed effective December 5, 2024.
All-cash acquisition of factoring and ABL provider closed Oct 31, 2024; total consideration ~$53.9M.
Northrim BanCorp Q3 2024 EPS $1.57, loans +7% QoQ, dividend raised to $0.62
Net income $8.8M ($1.57 diluted EPS) vs $9.0M ($1.62) in Q2 2024 and $8.4M ($1.48) in Q3 2023.
Northrim BanCorp Q2 net income $9.0M ($1.62/share), up 61% YoY
Net income $9.0M, diluted EPS $1.62 vs $0.98 in Q2 2023; ROAA 1.31%, ROAE 14.84%.
4,451,790 shares represented (80.9% of 5,499,578 outstanding) at May 23, 2024 annual meeting.
Northrim BanCorp Q1 2024 net income $8.2M ($1.48 EPS) up 71% YoY; CEO succession complete
Net income $8.2M ($1.48 diluted EPS) vs $6.6M ($1.19) in Q4 2023 and $4.8M ($0.84) in Q1 2023.
In addition, on January 1, 2025, the Employer entered into an employment with Mark Edwards, Executive Vice President, Chief Credit Officer and Bank Economist of the Bank.
Max materiality 0.75 · Median 0.60 · Most common event earnings