XML 68 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and due from banks $ 29,216 $ 40,834
Interest bearing deposits in other banks 78,269 113,979
Investment securities available for sale 222,825 203,918
Investment securities held to maturity 2,746 2,749
Total portfolio investments 225,571 206,667
Investment in Federal Home Loan Bank stock 1,932 1,967
Loans held for sale 15,811 11,705
Loans 718,157 704,213
Allowance for loan losses (16,528) (16,408)
Net loans 717,440 699,510
Purchased receivables, net 26,546 19,022
Accrued interest receivable 2,729 2,618
Other real estate owned, net 4,293 4,543
Premises and equipment, net 28,200 27,908
Goodwill and intangible assets 8,053 8,170
Other assets 42,601 34,889
Total assets 1,164,850 1,160,107
LIABILITIES    
Demand deposits 344,978 361,167
Interest-bearing demand deposits 137,788 146,262
Savings deposits 93,714 87,241
Alaska CDs deposits 105,568 101,165
Money market deposits 185,654 181,598
Certificates of deposit less than $100,000 36,384 39,343
Certificates of deposit greater than $100,000 54,846 53,353
Total deposits 958,932 970,129
Securities sold under repurchase agreements 20,321 19,038
Borrowings 6,629 4,479
Junior subordinated debentures 18,558 18,558
Other liabilities 20,356 11,550
Total liabilities 1,024,796 1,023,754
SHAREHOLDERS' EQUITY    
Preferred stock, $1 par value, 2,500,000 shares authorized, none issued or outstanding      
Common stock, $1 par value, 10,000,000 shares authorized, 6,515,414 and 6,511,649 shares issued and outstanding at June 30, 2013 and December 31, 2012, respectively 6,515 6,512
Additional paid-in capital 53,886 53,638
Retained earnings 78,939 74,742
Accumulated other comprehensive income 639 1,368
Total Northrim BanCorp shareholders’ equity 139,979 136,260
Noncontrolling interest 75 93
Total shareholders' equity 140,054 136,353
Total liabilities and shareholders’ equity $ 1,164,850 $ 1,160,107