XML 43 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and due from banks $ 44,017 $ 36,036
Interest bearing deposits in other banks 60,054 36,020
Investment securities available for sale 225,868 281,730
Investment securities held to maturity 2,197 2,201
Total portfolio investments 228,065 283,931
Investment in Federal Home Loan Bank stock 1,817 3,404
Loans held for sale 73,593 43,866
Loans 974,849 924,504
Allowance for loan losses (17,418) (16,723)
Net loans 957,431 907,781
Purchased receivables, net 14,048 15,254
Accrued interest receivable 3,399 3,373
Other real estate owned, net 2,807 4,607
Premises and equipment, net 37,942 35,643
Goodwill 22,334 22,334
Other intangible assets, net 1,555 1,701
Other assets 53,269 55,399
Total assets 1,500,331 1,449,349
LIABILITIES    
Demand 455,358 403,523
Interest-bearing demand 173,952 185,114
Savings 129,938 122,588
Alaska CDs 97,592 99,736
Money market 232,877 226,574
Certificates of deposit less than $100,000 57,390 58,249
Certificates of deposit greater than $100,000 91,610 83,963
Total deposits 1,238,717 1,179,747
Securities sold under repurchase agreements 17,895 19,843
Borrowings 22,309 26,304
Junior subordinated debentures 18,558 18,558
Other liabilities 31,770 40,456
Total liabilities 1,329,249 1,284,908
SHAREHOLDERS' EQUITY    
Preferred stock, $1 par value, 2,500,000 shares authorized, none issued or outstanding 0 0
Common stock, $1 par value, 10,000,000 shares authorized, 6,854,413 and 6,854,189 shares issued and outstanding at June 30, 2015 and December 31, 2014, respectively 6,854 6,854
Additional paid-in capital 61,965 61,729
Retained earnings 101,343 95,493
Accumulated other comprehensive income 643 247
Total Northrim BanCorp shareholders' equity 170,805 164,323
Noncontrolling interest 277 118
Total shareholders' equity 171,082 164,441
Total liabilities and shareholders' equity $ 1,500,331 $ 1,449,349