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Segment Information (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Schedule of Segment Information
Summarized financial information for the Company's reportable segments and the reconciliation to the consolidated financial results is shown in the following tables:
 
Three Months Ended September 30, 2016
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$14,267

 

$593

 

$14,860

Interest expense
366

 
281

 
647

   Net interest income
13,901

 
312

 
14,213

Provision for loan losses
652

 
—

 
652

Other operating income
3,594

 
8,341

 
11,935

Compensation expense - RML acquisition payments
3,250

 
—

 
3,250

Other operating expense
11,649

 
6,287

 
17,936

   Income before provision for income taxes
1,944

 
2,366

 
4,310

Provision for income taxes
50

 
977

 
1,027

Net income
1,894

 
1,389

 
3,283

Less: net income attributable to the noncontrolling interest
188

 
—

 
188

Net income attributable to Northrim BanCorp, Inc.

$1,706

 

$1,389

 

$3,095



 
Three Months Ended September 30, 2015
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$14,882

 

$506

 

$15,388

Interest expense
457

 
249

 
706

   Net interest income
14,425

 
257

 
14,682

Provision for loan losses
676

 
—

 
676

Other operating income
4,269

 
8,138

 
12,407

Compensation expense - RML acquisition payments
780

 
—

 
780

Other operating expense
11,853

 
5,570

 
17,423

   Income before provision for income taxes
5,385

 
2,825

 
8,210

Provision for income taxes
1,513

 
1,165

 
2,678

Net income
3,872

 
1,660

 
5,532

Less: net income attributable to the noncontrolling interest
197

 
—

 
197

Net income attributable to Northrim BanCorp, Inc.

$3,675

 

$1,660

 

$5,335


 
Nine Months Ended September 30, 2016
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$42,962

 

$1,434

 

$44,396

Interest expense
1,299

 
631

 
1,930

   Net interest income
41,663

 
803

 
42,466

Provision for loan losses
1,555

 
—

 
1,555

Other operating income
10,357

 
22,547

 
32,904

Compensation expense - RML acquisition payments
4,067

 
—

 
4,067

Other operating expense
36,459

 
17,400

 
53,859

   Income before provision for income taxes
9,939

 
5,950

 
15,889

Provision for income taxes
2,140

 
2,454

 
4,594

Net income
7,799

 
3,496

 
11,295

Less: net income attributable to the noncontrolling interest
474

 
—

 
474

Net income attributable to Northrim BanCorp, Inc.

$7,325

 

$3,496

 

$10,821


 
Nine Months Ended September 30, 2015
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$43,227

 

$1,490

 

$44,717

Interest expense
1,302

 
906

 
2,208

   Net interest income
41,925

 
584

 
42,509

Provision for loan losses
1,378

 
—

 
1,378

Other operating income
11,202

 
23,303

 
34,505

Compensation expense - RML acquisition payments
2,869

 
—

 
2,869

Other operating expense
35,106

 
16,443

 
51,549

   Income before provision for income taxes
13,774

 
7,444

 
21,218

Provision for income taxes
4,038

 
3,073

 
7,111

Net income
9,736

 
4,371

 
14,107

Less: net income attributable to the noncontrolling interest
431

 
—

 
431

Net income attributable to Northrim BanCorp, Inc.

$9,305

 

$4,371

 

$13,676




September 30, 2016
 
 
 
 
 
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Total assets

$1,440,441

 

$99,679

 

$1,540,120

Loans held for sale

$—

 

$76,452

 

$76,452


December 31, 2015
 
 
 
 
 
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Total assets

$1,431,759

 

$67,733

 

$1,499,492

Loans held for sale

$—

 

$50,553

 

$50,553