Northrim BanCorp Inc (OQ:NRIM)
Business Focus: Commercial Banks
Apr 24, 2024 04:15 pm ET
Northrim BanCorp Earns $8.2 Million, or $1.48 Per Diluted Share, in First Quarter 2024
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $8.2 million, or $1.48 per diluted share, in the first quarter of 2024, compared to $6.6 million, or $1.19 per diluted share, in the fourth quarter of...
Mar 29, 2024 04:30 pm ET
Northrim BanCorp, Inc. Promotes Huston to President and CEO; Schierhorn Remains Chairman
The Board of Directors of Northrim BanCorp Inc., the parent company of Northrim Bank (NASDAQ: NRIM), named Mike Huston as President and CEO of Northrim BanCorp, effective April 6, 2024. Mr. Huston will also serve as Northrim BanCorp’s Chief...
Jan 26, 2024 04:15 pm ET
Northrim BanCorp, Inc. Expands Stock Repurchase Program
Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that its Board of Directors has authorized for repurchase up to an additional 110,000 shares of its common stock, or approximately 2% of the currently issued and outstanding shares. “Northrim’s...
Jan 26, 2024 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.61 per Share
ANCHORAGE, AK — January 26, 2024 — Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.61 per share. The dividend will be payable on March 15, 2024, to shareholders of...
Jan 25, 2024 04:15 pm ET
Northrim BanCorp Earns $6.6 million, or $1.19 Per Diluted Share, in Fourth Quarter 2023, and $25.4 Million, or $4.49 Per Diluted Share, for the Year Ended December 31, 2023
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $6.6 million, or $1.19 per diluted share, in the fourth quarter of 2023, compared to $8.4 million, or $1.48 per diluted share, in the third quarter of...
Dec 01, 2023 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.60 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.60 per share. The dividend will be payable on December 22, 2023, to shareholders of record at the close of business...
Oct 26, 2023 04:15 pm ET
Northrim BanCorp Earns $8.4 Million, or $1.48 Per Diluted Share, in Third Quarter 2023
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $8.4 million, or $1.48 per diluted share, in the third quarter of 2023, compared to $5.6 million, or $0.98 per diluted share, in the second quarter of...
Aug 25, 2023 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.60 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.60 per share. The dividend will be payable on September 15, 2023, to shareholders of record at the close of business...
Jul 27, 2023 04:15 pm ET
Northrim BanCorp Earns $5.6 Million, or $0.98 Per Diluted Share, in Second Quarter 2023
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $5.6 million, or $0.98 per diluted share, in the second quarter of 2023, compared to $4.8 million, or $0.84 per diluted share, in the first quarter of...
May 26, 2023 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.60 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.60 per share. The dividend will be payable on June 16, 2023, to shareholders of record at the close of business on...
Apr 27, 2023 04:15 pm ET
Northrim BanCorp Earns $4.8 Million, or $0.84 Per Diluted Share, in First Quarter 2023
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $4.8 million, or $0.84 per diluted share, in the first quarter of 2023, compared to $8.6 million, or $1.48 per diluted share, in the fourth quarter of...
Apr 26, 2023 04:00 pm ET
Northrim announces retirement of Residential Mortgage CEO, Steve Aldrich and promotion of Mike Baldwin to CEO
Northrim BanCorp announces the retirement of Residential Mortgage Chief Executive Officer, Steve Aldrich. Residential Mortgage is a wholly owned subsidiary of Northrim Bank which is a wholly owned subsidiary of Northrim BanCorp. Northrim Chairman...
Feb 24, 2023 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.60 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.60 per share. The dividend will be payable on March 17, 2023, to shareholders of record at the close of business on...
Jan 30, 2023 04:15 pm ET
Northrim BanCorp, Inc. Appoints Marilyn F. Romano to its Board of Directors
Northrim BanCorp, Inc. (NASDAQ: NRIM) announced that Marilyn F. Romano has been appointed to the Board of Directors. “We are pleased to have Marilyn join our Board,” said Joe Schierhorn, President and CEO. “Marilyn’s expertise spans a wide range...
Jan 27, 2023 04:15 pm ET
Northrim BanCorp, Inc. Expands Stock Repurchase Program
Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that its Board of Directors has authorized for repurchase up to an additional 285,000 shares of its common stock, or approximately 5% of the currently issued and outstanding shares. Prior to the...
Jan 26, 2023 04:15 pm ET
Northrim BanCorp Earns $8.6 Million, or $1.48 Per Diluted Share, in Fourth Quarter 2022, and $30.7 Million, or $5.27 Per Diluted Share, for the Year Ended December 31, 2022
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $8.6 million, or $1.48 per diluted share, in the fourth quarter of 2022, compared to $10.1 million, or $1.76 per diluted share, in the third quarter of...
Dec 02, 2022 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.50 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.50 per share. The dividend will be payable on December 23, 2022, to shareholders of record at the close of business...
Oct 26, 2022 04:15 pm ET
Northrim BanCorp Earns $10.1 Million, or $1.76 Per Diluted Share, in Third Quarter 2022
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported net income of $10.1 million, or $1.76 per diluted share, in the third quarter of 2022, compared to $4.8 million, or $0.83 per diluted share, in the second quarter of...
Aug 26, 2022 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.50 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.50 per share. The dividend will be payable on September 16, 2022, to shareholders of record at the close of business...
Jul 28, 2022 04:15 pm ET
Northrim BanCorp Earns $4.8 Million, or $0.83 Per Diluted Share, in Second Quarter 2022
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $4.8 million, or $0.83 per diluted share, in the second quarter of 2022, compared to $7.2 million, or $1.20 per diluted share, in the first quarter of...
May 27, 2022 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.41 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.41 per share. The dividend will be payable on June 17, 2022, to shareholders of record at the close of business on...
Apr 28, 2022 04:15 pm ET
Northrim BanCorp Earns $7.2 Million, or $1.20 Per Diluted Share, in First Quarter 2022
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $7.2 million, or $1.20 per diluted share, in the first quarter of 2022, compared to $8.1 million, or $1.31 per diluted share, in the fourth quarter of...
Mar 25, 2022 04:15 pm ET
Northrim BanCorp, Inc. Announces Executive Promotions
Northrim BanCorp, Inc. (NASDAQ: NRIM) announced the promotions of Michael Huston to serve as President and Chief Lending Officer of Northrim Bank and Amber Zins as Executive Vice President and Chief Operating Officer of Northrim Bank, effective...
Feb 25, 2022 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.41 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.41 per share. The dividend will be payable on March 18, 2022, to shareholders of record at the close of business on...
Jan 28, 2022 04:15 pm ET
Northrim BanCorp Earns $8.1 Million, or $1.31 Per Diluted Share, in Fourth Quarter 2021, and $37.5 Million, or $6.00 Per Diluted Share, for the Year 2021
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $8.11 million, or $1.31 per diluted share, in the fourth quarter of 2021, compared to $8.88 million, or $1.42 per diluted share, in the third quarter of...
Jan 28, 2022 04:15 pm ET
Northrim BanCorp, Inc. Expands Stock Repurchase Program
Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that its Board of Directors has authorized for repurchase up to an additional 300,000 shares of its common stock, or approximately 5% of the currently issued and outstanding shares. Prior to the...
Dec 03, 2021 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.38 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.38 per share. The dividend will be payable on December 23, 2021, to shareholders of record at the close of business...
Oct 29, 2021 04:15 pm ET
Northrim BanCorp Earns $8.9 Million, or $1.42 Per Diluted Share, in Third Quarter 2021, and $29.4 Million, or $4.69 Per Diluted Share, in First Nine Months of 2021
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $8.88 million, or $1.42 per diluted share, in the third quarter of 2021, compared to $8.35 million, or $1.33 per diluted share, in the second quarter of...
Aug 27, 2021 09:00 am ET
Northrim BanCorp, Inc. Increases Quarterly Cash Dividend to $0.38 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend to $0.38 per share. The dividend will be payable on September 17, 2021, to shareholders of record at the close of...
Jul 26, 2021 04:15 pm ET
Northrim BanCorp Earnings of $8.3 Million, or $1.33 Per Diluted Share, in Second Quarter 2021, and $20.5 Million, or $3.27 Per Diluted Shares, in First Half of 2021
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $8.35 million, or $1.33 per diluted share, in the second quarter of 2021, compared to $12.18 million, or $1.94 per diluted share, in the first quarter...
May 28, 2021 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.37 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend to $0.37 per share. The dividend will be payable on June 18, 2021, to shareholders of record at the close of business on...
Apr 26, 2021 04:15 pm ET
Northrim BanCorp Earnings Increase to $12.2 Million, or $1.94 Per Diluted Share, in First Quarter 2021
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $12.2 million, or $1.94 per diluted share, in the first quarter of 2021, compared to $10.1 million, or $1.59 per diluted share, in the fourth quarter of...
Feb 26, 2021 09:00 am ET
Northrim BanCorp, Inc. Increases Quarterly Cash Dividend to $0.37 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend to $0.37 per share. The dividend will be payable on March 19, 2021, to shareholders of record at the close of business...
Feb 02, 2021 04:15 pm ET
Northrim BanCorp, Inc. Appoints Joseph Marushack to its Board of Directors
Northrim BanCorp, Inc. (NASDAQ: NRIM) announced that Joseph (Joe) Marushack has been appointed to the Board of Directors, effective immediately. “We are pleased that Joe has decided to join our Board,” said Joe Schierhorn, President and CEO. “Joe...
Feb 01, 2021 04:15 pm ET
Northrim BanCorp Reports Earnings of $10.1 million, or $1.59 per Diluted Share, in 4Q20 and Earnings of $32.9 Million, or $5.11 Per Diluted Share, for the Year 2020
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $10.10 million, or $1.59 per diluted share, in the fourth quarter of 2020, compared to $11.86 million, or $1.84 per diluted share, in the third quarter...
Feb 01, 2021 04:15 pm ET
Northrim BanCorp, Inc. Expands Stock Repurchase Program
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that its Board of Directors has authorized for repurchase up to an additional 313,000 shares of its common stock, or approximately 5% of the currently issued and outstanding shares. Prior to the...
Dec 04, 2020 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.35 per share. The dividend will be payable on December 24, 2020, to shareholders of record at the close of business...
Oct 26, 2020 04:15 pm ET
Northrim BanCorp Reports Earnings of $11.9 Million, or $1.84 Per Diluted Share, in 3Q20 compared to $7.5 Million, or $1.11 Per Diluted Share in 3Q19
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $11.86 million, or $1.84 per diluted share, in the third quarter of 2020, compared to $9.90 million, or $1.52 per diluted share, in the second quarter...
Aug 28, 2020 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.35 per share. The dividend will be payable on September 18, 2020, to shareholders of record at the close of business...
Jul 27, 2020 04:15 pm ET
Northrim BanCorp Reports Earnings of $9.9 Million, or $1.52 Per Diluted Share, in 2Q20 compared to $4.3 Million, or $0.62 Per Diluted Share in 2Q19
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $9.90 million, or $1.52 per diluted share, in the second quarter of 2020, compared to $1.03 million, or $0.16 per diluted share, in the first quarter of...
May 29, 2020 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.34 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.34 per share. The dividend will be payable on June 19, 2020, to shareholders of record at the close of business on...
Apr 27, 2020 04:15 pm ET
Northrim BanCorp Reports First Quarter Profits of $1.0 Million, or $0.16 Per Diluted Share
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $1.03 million, or $0.16 per diluted share, in the first quarter of 2020, compared to $4.58 million, or $0.69 per diluted share, in the fourth quarter of...
Feb 28, 2020 09:00 am ET
Northrim BanCorp, Inc. Increases Quarterly Cash Dividend to $0.34 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend to $0.34 per share. The dividend will be payable on March 20, 2020, to shareholders of record at the close of business...
Jan 27, 2020 04:15 pm ET
Northrim BanCorp Earns $20.7 Million, or $3.04 per Diluted Share, in 2019 Year Highlighted by Improving Credit Quality and Loan and Deposit Growth
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $20.7 million, or $3.04 per diluted share, for 2019 and $4.6 million, or $0.69 per diluted share, for the fourth quarter of 2019. Improved asset...
Jan 27, 2020 04:15 pm ET
Northrim BanCorp, Inc. Expands Stock Repurchase Program
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that its Board of Directors has authorized for repurchase up to an additional 327,000 shares of its common stock, or approximately 5% of the currently issued and outstanding shares. Prior to...
Dec 06, 2019 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.33 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.33 per share. The dividend will be payable on December 27, 2019, to shareholders of record at the close of business...
Oct 28, 2019 04:15 pm ET
Northrim BanCorp Earnings Increase 43% to $7.5 Million, or $1.11 per Diluted Share, in 3Q19 from 3Q18 Reflecting Strong Loan and Deposit Growth and Improved Credit Quality
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income increased 43% to $7.5 million, or $1.11 per diluted share, in the third quarter of 2019, compared to $5.3 million, or $0.75 per diluted share, in the third...
Aug 23, 2019 09:00 am ET
Northrim BanCorp, Inc. Increases Quarterly Cash Dividend by 10% to $0.33 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend by 10% to $0.33 per share. The dividend will be payable on September 13, 2019, to shareholders of record at the close of...
Jul 29, 2019 04:15 pm ET
Northrim BanCorp Earns $4.3 Million, or $0.62 per Diluted Share, in 2Q19 Fueled by Solid Loan Growth, Improved Asset Quality, and Strong Net Interest Margin
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income was $4.3 million, or $0.62 per diluted share, in the second quarter of 2019, in line with first quarter 2019, and down from $5.8 million, or $0.84 per...
May 24, 2019 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.30 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.30 per share. The dividend will be payable on June 14, 2019, to shareholders of record at the close of business on...
Apr 29, 2019 04:15 pm ET
Northrim BanCorp Earns $4.3 Million, or $0.62 per Diluted Share, in 1Q19; Reflects Solid Contribution from Its Core Community Banking Franchise
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported profits grew 6% to $4.3 million, or $0.62 per diluted share, in the first quarter of 2019 compared to $4.1 million, or $0.58 per diluted share, in the first quarter...
Apr 26, 2019 04:15 pm ET
Northrim BanCorp, Inc. Expands Stock Repurchase Program
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that its Board of Directors has authorized for repurchase up to an additional 193,678 shares of its common stock. Prior to the increase, 146,322 shares remained available for repurchase under...
Mar 01, 2019 09:00 am ET
Northrim BanCorp, Inc. Increases Quarterly Cash Dividend by 11% to $0.30 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend to $0.30 per share, from $0.27 per share paid on December 13, 2018. The dividend will be payable on March 22, 2019, to...
Jan 28, 2019 04:15 pm ET
Northrim BanCorp Earns $20.0 Million, or $2.86 per Diluted Share, in 2018; Reflects Expanding Net Interest Margin, Improving Credit Quality, and Lower Taxes
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported earnings of $20.0 million, or $2.86 per diluted share, for 2018 and $4.8 million, or $0.69 per diluted share, for the fourth quarter of 2018. Northrim continues to...
Dec 04, 2018 04:15 pm ET
Northrim BanCorp, Inc. Appoints Aaron M. Schutt to its Board of Directors
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that Aaron M. Schutt has been appointed to the Board of Directors, effective immediately. “Aaron is very well-known throughout Alaska and is highly respected,” said Joe Schierhorn, President...
Nov 30, 2018 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.27 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.27 per share. The dividend will be payable on December 21, 2018, to shareholders of record at the close of business...
Oct 29, 2018 04:15 pm ET
Northrim BanCorp Earns $5.3 Million, or $0.75 per Diluted Share, in 3Q18; Reflects Solid Contribution from Its Core Community Banking Franchise
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported earnings of $5.3 million, or $0.75 per diluted share, for the third quarter of 2018 and $15.2 million, or $2.17 per diluted share, for the first nine months of 2018....
Aug 24, 2018 09:00 am ET
Northrim BanCorp, Inc. Raises Quarterly Cash Dividend 12.5% to $0.27 per Share
Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend 12.5% to $0.27 per share. The dividend will be payable on September 14, 2018, to shareholders of record at the close of...
Jul 30, 2018 04:15 pm ET
Northrim BanCorp Second Quarter 2018 Net Income Grows 62% to $5.8 Million, or $0.84 per Diluted Share, Reflecting Net Interest Margin Expansion and Lower Tax Rates
Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported profits grew 62% to $5.8 million, or $0.84 per diluted share, in the second quarter of 2018 compared to $3.6 million, or $0.51 per diluted share, in the second...
May 25, 2018 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.24 per Share
Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that the Board of Directors declared its regular quarterly cash dividend of $0.24 per share. The dividend will be payable on June 15, 2018, to shareholders of record at the close of business on...
Apr 30, 2018 04:15 pm ET
Northrim BanCorp First Quarter 2018 Net Income Increases 6% to $4.1 Million, or $0.58 per Diluted Share
ANCHORAGE, Alaska, April 30, 2018 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported profits grew 6% to $4.1 million, or $0.58 per diluted share, in the first quarter of 2018 compared to $3.8...
Feb 23, 2018 09:00 am ET
Northrim BanCorp, Inc. Increases Quarterly Cash Dividend 9% to $0.24 per Share
ANCHORAGE, Alaska, Feb. 23, 2018 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that the Board of Directors increased its regular quarterly cash dividend 9% to $0.24 per share. The dividend will be payable on March 16,...
Jan 29, 2018 04:15 pm ET
Northrim BanCorp Earns $13.2 million, or $1.88 per Diluted Share, in 2017 Gain from Sale of Subsidiary, Revaluation of Deferred Tax Assets, and Other Non-Operating Items Impact Profits
ANCHORAGE, Ala., Jan. 29, 2018 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported profits for both the fourth quarter and full year in 2017. Net income attributable to the Company ("net income") was...
Nov 22, 2017 04:15 pm ET
Jed Ballard Joins Northrim BanCorp as Chief Financial Officer Following Frye’s Transition to Corporate Accounting Manager
ANCHORAGE, Alaska, Nov. 22, 2017 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today announced it is hiring Jed Ballard to be Chief Financial Officer following the voluntary transition of Latosha Frye to Senior Vice...
Nov 17, 2017 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.22 per Share
ANCHORAGE, Alaska, Nov. 17, 2017 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that the Board of Directors declared its regular quarterly cash dividend of $0.22 per share. The dividend will be payable on December 15, 2017,...
Oct 30, 2017 04:15 pm ET
Northrim BanCorp Earns $5.5 million, or $0.79 per Diluted Share, in 3Q17; Gains from Sale of Subsidiary Boost Profits
ANCHORAGE, Alaska, Oct. 30, 2017 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income attributable to the Company ("net income") was $5.5 million, or $0.79 per diluted share, in the third quarter of 2017, compared to $3.1 million, or $0.44 per diluted share, in the third quarter of 2016, and $3.6 million, or $0.51 per diluted share, in the second quarter of 2017. For the first nine months of 2017, net income was $12.9 million, or $1.85 per diluted share, compared to $10.8 million, or $1.55 per diluted share, in the first nine month...
Aug 14, 2017 04:29 pm ET
Northrim BanCorp to Sell Northrim Benefits Group to Acrisure
ANCHORAGE, Alaska, Aug. 14, 2017 (GLOBE NEWSWIRE) -- Northrim BanCorp Inc., the parent company of Northrim Bank (NASDAQ:NRIM), today announced that Northrim Benefits Group (NBG) sold substantially all of its assets to Michigan-based Acrisure. Acrisure, a national insurance brokerage company offering insurance and risk management services, is the 12th largest insurance agency in the United States with more than 120 affiliated agencies. NBG will be Acrisure’s second affiliate agency in Alaska....
Jul 14, 2017 04:05 pm ET
Northrim BanCorp, Inc. to Redeem $8 Million Trust Preferred Securities
ANCHORAGE, Alaska, July 14, 2017 (GLOBE NEWSWIRE) -- Northrim BanCorp Inc., the parent company of Northrim Bank (NASDAQ:NRIM), today announced that it will redeem its $8 million floating rate Trust Preferred Security (“TRUPS”) held under Northrim Capital Trust I on August 15, 2017....
Jun 26, 2017 05:52 pm ET
Northrim Bank Promotes Schierhorn to President and CEO; Beedle Remains Chairman
ANCHORAGE, Alaska, June 26, 2017 (GLOBE NEWSWIRE) -- Northrim BanCorp Inc., the parent company of Northrim Bank (NASDAQ:NRIM), named Joe Schierhorn as President and CEO of Northrim BanCorp, effective June 26, 2017. Schierhorn will also continue to serve as Northrim Bank’s President and CEO, while Joe Beedle will continue to serve as Chairman of the Board of Directors of Northrim BanCorp....
May 01, 2017 09:00 am ET
Northrim BanCorp Earnings Grow 13% to $3.8 Million, or $0.55 per Diluted Share in 1Q17 from 1Q16
ANCHORAGE, Alaska, May 01, 2017 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported that net income attributable to the Company increased 13% to $3.8 million, or $0.55 per diluted share in the first quarter of 2017, compared to $3.4 million, or $0.48 per diluted share in the first quarter of 2016, and increased 7% from $3.6 million, or $0.51 per diluted share in the fourth quarter of 2016. A higher net interest margin as well as lower other operating expenses, some of which are one-time items, and an increase in the Company's mortgage serv...
Jan 30, 2017 04:20 pm ET
Northrim BanCorp to Participate in FIG Partners West Coast Bank CEO Forum
ANCHORAGE, Alaska, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today announced that Joseph Beedle, Chairman, President and CEO of Northrim Bancorp, Joe Schierhorn, Northrim Bank’s President and CEO, and Michael Martin, EVP and COO, will attend the FIG Partners’ 8th Annual West Coast Bank CEO Forum at the Omni Hotel in Los Angeles on February 1 and 2, 2017. Beedle is scheduled to participate on the Pacific Northwest Banks panel Thursday, February 2, 2017, at 12:45 p.m. PST....
Jan 30, 2017 04:05 pm ET
Northrim BanCorp Earns $14.4 Million, or $2.06 per Diluted Share, in 2016
ANCHORAGE, Alaska, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported that net income attributable to the Company declined to $14.4 million, or $2.06 per diluted share in 2016 compared to $17.8 million, or $2.56 per diluted share in 2015. Approximately half of the decline in earnings in 2016, or $0.26 per diluted share, was due to a previously disclosed non-cash accounting correction and the related change in accounting treatment that was discussed in the third quarter results for the earn-out payments associated with the Com...
Oct 31, 2016 08:00 pm ET
Northrim BanCorp Earns $3.1 Million, or $0.44 per Diluted Share in 3Q16
ANCHORAGE, Alaska, Oct. 31, 2016 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported lower earnings for the third quarter and first nine months of 2016 primarily reflecting a non-cash accounting correction, higher operating expenses, and a decrease in net interest margin and mortgage income primarily due to slowing loan growth in both the commercial and mortgage market in Alaska compared to the same periods in 2015. Third quarter net income attributable to the Company declined to $3.1 million, or $0.44 per diluted share, compared to $4.4 m...
Aug 30, 2016 04:45 pm ET
Michael Martin Promoted to Chief Operating Officer of Northrim Bank
ANCHORAGE, Alaska, Aug. 30, 2016 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (Nasdaq:NRIM) today announced its Board of Directors has promoted Michael Martin to serve as Chief Operating Officer of Northrim Bank, effective immediately. ...
Aug 26, 2016 09:00 am ET
Northrim BanCorp, Inc. Raises Quarterly Cash Dividend 5.3% to $0.20 per Share
ANCHORAGE, Alaska, Aug. 26, 2016 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that its Board of Directors increased its regular quarterly cash dividend by $0.01, or 5.3%, to $0.20 per share. The dividend will be payable on September 23, 2016, to shareholders of record at the close of business on September 15, 2016....
Aug 01, 2016 04:00 pm ET
Northrim BanCorp Earns $4.4 Million, or $0.63 per Diluted Share in 2Q16
ANCHORAGE, Alaska, Aug. 01, 2016 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported a 29% increase in second quarter net income attributable to the Company compared to the linked quarter primarily due to higher mortgage production. Net income attributable to the Company decreased 9% in the second quarter of 2016 compared to the same quarter a year ago mainly due to increased operating expenses this year in the community banking segment. Net income attributable to the Company in the second quarter of 2016 totaled $4.4 million, or $0.63 pe...
May 27, 2016 09:00 am ET
Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.19 per Share
ANCHORAGE, Alaska, May 27, 2016 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) today announced that its Board of Directors declared its regular quarterly cash dividend of $0.19 per share. The dividend will be payable on June 24, 2016, to shareholders of record at the close of business on June 16, 2016....
May 04, 2016 02:00 pm ET
Northrim BanCorp to Participate in the 18th Annual D.A. Davidson Financial Institutions Conference
ANCHORAGE, Alaska, May 04, 2016 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim”) today announced Joseph Beedle, President and CEO, is scheduled to participate at the 18th Annual D.A. Davidson Financial Institutions Conference in Denver from May 9 to 11, 2016. ...
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