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Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Interest Income    
Interest and fees on loans $ 10,342 $ 10,225
Interest on investment securities available for sale 659 749
Interest on investment securities held to maturity 29 38
Interest on deposits in other banks 62 40
Total Interest Income 11,092 11,052
Interest Expense    
Interest expense on deposits, borrowings and junior subordinated debentures 530 698
Net Interest Income 10,562 10,354
Provision for loan losses 150 89
Net Interest Income After Provision for Loan Losses 10,412 10,265
Other Operating Income    
Purchased receivable income 702 712
Employee benefit plan income 569 540
Service charges on deposit accounts 525 568
Electronic banking income 504 483
Equity in earnings from RML 242 301
Gain on sale of securities 218 27
Rental income 28 198
Other income 351 378
Total Other Operating Income 3,139 3,207
Other Operating Expense    
Salaries and other personnel expense 5,735 5,706
Occupancy expense 888 996
Marketing expense 447 437
Professional and outside services 349 418
Equipment expense 278 294
Software expense 265 251
Amortization of low income housing tax investments 245 228
Internet banking expense 184 172
Insurance expense 144 118
Reserve for purchased receivables 84  
Intangible asset amortization expense 58 64
OREO (income) expense, net of rental income and gains on sale (6) 97
Other operating expense 1,026 977
Total Other Operating Expense 9,697 9,758
Income Before Provision for Income Taxes 3,854 3,714
Provision for income taxes 1,090 1,026
Net Income 2,764 2,688
Less: Net income attributable to the noncontrolling interest 90 112
Net Income Attributable to Northrim BanCorp $ 2,674 $ 2,576
Earnings Per Share, Basic $ 0.41 $ 0.40
Earnings Per Share, Diluted $ 0.41 $ 0.39
Weighted Average Shares Outstanding, Basic 6,512,455 6,467,540
Weighted Average Shares Outstanding, Diluted 6,590,807 6,567,654