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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Data [Abstract]  
Quarterly Results of Operations (Unaudited)
Quarterly Results of Operations (Unaudited)
2015 Quarter Ended
Dec. 31

Sept. 30

June 30

March 31
 (In Thousands Except Per Share Amounts)

Total interest income

$15,063



$15,388



$14,943



$14,386

Total interest expense
663


706


748


754

Net interest income
14,400


14,682


14,195


13,632

Provision for loan losses
376


676


376


326

Other operating income
10,104


12,407


11,563


10,535

Other operating expense
18,229


18,203


17,753


18,461

Income before provision for income taxes
5,899


8,210


7,629


5,380

Provision for income taxes
1,673


2,678


2,686


1,747

Net Income
4,226


5,532


4,943


3,633

Less: Net income attributable to the noncontrolling interest
120


197


162


72

Net income attributable to Northrim Bancorp, Inc.

$4,106



$5,335



$4,781



$3,561

Earnings per share, basic

$0.60



$0.78



$0.70



$0.52

Earnings per share, diluted

$0.59



$0.77



$0.69



$0.51

 
 
 
 
 
 
 
 
2014 Quarter Ended
Dec. 31

Sept. 30

June 30

March 31
 (In Thousands Except Per Share Amounts)

Total interest income

$14,566



$14,212



$13,895



$11,673

Total interest expense
642


487


484


440

Net interest income
13,924


13,725


13,411


11,233

Provision (benefit) for loan losses
500




(1,136
)


Other operating income
9,376


4,934


4,106


2,734

Other operating expense
13,671


12,779


11,620


9,967

Income before provision for income taxes
9,129


5,880


7,033


4,000

Provision for income taxes
2,325


1,982


2,569


1,297

Net Income
6,804


3,898


4,464


2,703

Less: Net income attributable to the noncontrolling interest
130


191


95


45

Net income attributable to Northrim Bancorp, Inc.

$6,674



$3,707



$4,369



$2,658

Earnings per share, basic

$0.98



$0.54



$0.64



$0.41

Earnings per share, diluted

$0.97



$0.53



$0.63



$0.40