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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest Income    
Interest and fees on loans and loans held for sale $ 13,778 $ 13,467
Interest on investment securities available for sale 980 885
Interest on investment securities held to maturity 13 23
Interest on deposits in other banks 47 11
Total Interest Income 14,818 14,386
Interest Expense    
Interest expense on deposits, borrowings and junior subordinated debentures 644 754
Net Interest Income 14,174 13,632
Provision for loan losses 703 326
Net Interest Income After Provision for Loan Losses 13,471 13,306
Other Operating Income    
Mortgage banking income 5,696 7,306
Employee benefit plan income 964 777
Bankcard fees 633 589
Purchased receivable income 534 589
Service charges on deposit accounts 499 490
Gain (loss) on sale of securities, net (23) 114
Other income 802 670
Total Other Operating Income 9,105 10,535
Other Operating Expense    
Salaries and other personnel expense 11,251 10,550
Occupancy expense 1,608 1,604
Data processing expense 1,084 1,096
Marketing expense 738 617
Professional and outside services 707 751
Insurance expense 315 324
Change in fair value, RML earn-out liability 130 1,502
Intangible asset amortization expense 35 73
OREO (income) expense, net rental income and gains on sale (26) 297
Other operating expense 1,529 1,647
Total Other Operating Expense 17,371 18,461
Income Before Provision for Income Taxes 5,205 5,380
Provision for income taxes 1,699 1,747
Net Income 3,506 3,633
Less: Net income attributable to the noncontrolling interest 130 72
Net Income Attributable to Northrim BanCorp, Inc. $ 3,376 $ 3,561
Earnings Per Share, Basic (USD per share) $ 0.49 $ 0.52
Earnings Per Share, Diluted (USD per share) $ 0.48 $ 0.51
Weighted Average Shares Outstanding, Basic (shares) 6,877,140 6,854,189
Weighted Average Shares Outstanding, Diluted (shares) 6,964,707 6,930,873