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Quarterly Results Of Operations
12 Months Ended
Dec. 31, 2012
Quarterly Results Of Operations [Abstract]  
Quarterly Results Of Operations

NOTE 23 - Quarterly Results of Operations (Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012 Quarter Ended

 

Dec. 31

 

Sept. 30

 

June 30

 

March 31

 

 

(In Thousands Except Per Share Amounts)

 

 

 

 

 

 

 

 

 

Total interest income

$

11,349 

$

11,204 

$

11,123 

$

11,052 

Total interest expense

 

569 

 

611 

 

627 

 

698 

   Net interest income

 

10,780 

 

10,593 

 

10,496 

 

10,354 

 

 

 

 

 

 

 

 

 

Provision (benefit) for loan losses

 

(300)

 

(1,437)

 

89 

 

89 

Other operating income

 

4,343 

 

4,157 

 

3,725 

 

3,207 

Other operating expense

 

10,555 

 

9,992 

 

9,295 

 

9,758 

  Income before provision for income taxes

 

4,868 

 

6,195 

 

4,837 

 

3,714 

Provision for income taxes

 

1,588 

 

1,991 

 

1,551 

 

1,026 

  Net Income

 

3,280 

 

4,204 

 

3,286 

 

2,688 

Less: Net income attributable to the noncontrolling interest

 

118 

 

138 

 

144 

 

112 

   Net income attributable to Northrim Bancorp

$

3,162 

$

4,066 

$

3,142 

$

2,576 

Earnings per share, basic

$

0.49 

$

0.63 

$

0.49 

$

0.40 

Earnings per share, diluted

$

0.48 

$

0.62 

$

0.48 

$

0.39 

 

 

 

 

 

 

 

 

 

2011 Quarter Ended

 

Dec. 31

 

Sept. 30

 

June 30

 

March 31

 

 

(In Thousands Except Per Share Amounts)

 

 

 

 

 

 

 

 

 

Total interest income

$

11,540 

$

11,230 

$

11,486 

$

11,652 

Total interest expense

 

787 

 

876 

 

904 

 

977 

   Net interest income

 

10,753 

 

10,354 

 

10,582 

 

10,675 

 

 

 

 

 

 

 

 

 

Provision for loan losses

 

350 

 

550 

 

550 

 

549 

Other operating income

 

3,880 

 

3,362 

 

3,070 

 

2,778 

Other operating expense

 

9,411 

 

9,429 

 

8,589 

 

9,326 

  Income before provision for income taxes

 

4,872 

 

3,737 

 

4,513 

 

3,578 

Provision for income taxes

 

1,516 

 

1,125 

 

1,198 

 

1,034 

  Net Income

 

3,356 

 

2,612 

 

3,315 

 

2,544 

Less: Net income attributable to the noncontrolling interest

 

101 

 

106 

 

133 

 

89 

   Net income attributable to Northrim Bancorp

$

3,255 

$

2,506 

$

3,182 

$

2,455 

Earnings per share, basic

$

0.50 

$

0.39 

$

0.49 

$

0.38 

Earnings per share, diluted

$

0.50 

$

0.38 

$

0.49 

$

0.37