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Consolidated Statements Of Income (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Interest Income        
Interest and fees on loans $ 10,709 $ 11,212 $ 21,396 $ 22,634
Interest on investment securities-available for sale 663 1,245 1,534 2,499
Interest on investment securities-held to maturity 59 70 120 145
Interest on overnight investments 52 42 85 65
Interest on domestic certificate of deposit 3   3  
Total Interest Income 11,486 12,569 23,138 25,343
Interest Expense        
Interest expense on deposits, borrowings and junior subordinated debentures 904 1,466 1,881 2,936
Net Interest Income 10,582 11,103 21,257 22,407
Provision for loan losses 550 1,375 1,099 2,750
Net Interest Income After Provision for Loan Losses 10,032 9,728 20,158 19,657
Other Operating Income        
Service charges on deposit accounts 594 762 1,118 1,462
Employee benefit plan income 593 530 1,093 951
Purchased receivable income 565 595 1,191 909
Electronic banking income 467 435 916 835
Gain on sale of securities   132 263 413
Other income 585 588 1,060 1,133
Total Other Operating Income 3,070 3,222 5,848 5,815
Other Operating Expense        
Salaries and other personnel expense 5,200 5,402 10,516 11,022
Occupancy 997 897 1,907 1,816
Marketing expense 443 439 880 878
Professional and outside services 338 323 675 565
Insurance expense 295 422 731 980
Equipment expense 292 244 596 517
Software expense 277 215 517 435
Amortization of low income housing tax investments 235 218 451 444
Internet banking expense 158 150 311 296
Operation losses, net 82 130 161 202
Intangible asset amortization expense 71 77 141 153
Impairment on purchased receivables, net   406 2 407
OREO (income) expense, net of rental income and gains on sale (742) (40) (881) 62
Other operating expense 943 905 1,908 1,905
Total Other Operating Expense 8,589 9,788 17,915 19,682
Income Before Provision for Income Taxes 4,513 3,162 8,091 5,790
Provision for income taxes 1,198 912 2,232 1,614
Net Income 3,315 2,250 5,859 4,176
Less: Net income attributable to the noncontrolling interest 133 110 222 136
Net Income Attributable to Northrim BanCorp 3,182 2,140 5,637 4,040
Earnings Per Share, Basic $ 0.49 $ 0.34 $ 0.88 $ 0.63
Earnings Per Share, Diluted $ 0.49 $ 0.33 $ 0.86 $ 0.62
Weighted Average Shares Outstanding, Basic 6,431,060 6,386,925 6,429,895 6,386,343
Weighted Average Shares Outstanding, Diluted 6,549,744 6,473,622 6,548,557 6,470,966
RML [Member]
       
Other Operating Income        
Equity in earnings (loss) from entity 270 182 218 109
Elliott Cove [Member]
       
Other Operating Income        
Equity in earnings (loss) from entity $ (4) $ (2) $ (11) $ 3