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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest Income      
Interest and fees on loans and loans held for sale $ 54,777 $ 56,166 $ 51,015
Interest on investment securities available for sale 3,895 3,393 3,042
Interest on investment securities held to maturity 41 68 91
Interest on deposits in other banks 205 153 198
Total Interest Income 58,918 59,780 54,346
Interest Expense      
Interest expense on deposits 1,870 1,939 1,419
Interest expense on securities sold under agreements to repurchase 30 23 16
Interest expense on borrowings 127 446 167
Interest expense on junior subordinated debentures 534 463 451
Total Interest Expense 2,561 2,871 2,053
Net Interest Income 56,357 56,909 52,293
Provision (benefit) for loan losses 2,298 1,754 (636)
Net Interest Income After Provision (Benefit) for Loan Losses 54,059 55,155 52,929
Other Operating Income      
Mortgage banking income 29,507 29,613 2,386
Employee benefit plan income 3,770 3,651 3,497
Bankcard fees 2,670 2,671 2,229
Purchased receivable income 2,347 2,287 2,074
Service charges on deposit accounts 1,998 2,103 2,155
Gain (loss) on sale of securities (11) 271 461
Gain on purchase of mortgage affiliate 0 0 3,001
Equity in earnings from RML 0 0 894
Other income 2,982 4,012 3,337
Total Other Operating Income 43,263 44,608 20,034
Other Operating Expense      
Salaries and other personnel expense 46,752 43,931 27,758
Occupancy expense 6,462 6,332 4,360
Compensation expense - RML acquisition payments 4,775 4,094 0
Data processing expense 4,566 4,313 4,171
Professional and outside services 3,110 2,980 1,437
Marketing expense 2,449 2,728 2,059
Insurance expense 1,023 1,339 1,031
Loss (gain) on sale of premises and equipment 352 37 (1,109)
Intangible asset amortization expense 135 258 289
OREO (income) expense, net rental income and gains on sale 98 190 (416)
Merger and acquisition expense 0 0 1,962
Reserve (benefit) for purchased receivables (10) (138) 704
Other operating expense 6,568 6,581 4,677
Total Other Operating Expense 76,280 72,645 46,923
Income Before Provision for Income Taxes 21,042 27,118 26,040
Provision for income taxes 6,052 8,784 8,173
Net Income 14,990 18,334 17,867
Less: Net income attributable to the noncontrolling interest 579 551 459
Net Income Attributable to Northrim BanCorp, Inc. $ 14,411 $ 17,783 $ 17,408
Earnings Per Share, Basic (in USD per share) $ 2.09 $ 2.59 $ 2.57
Earnings Per Share, Diluted (in USD per share) $ 2.06 $ 2.56 $ 2.54
Weighted Average Shares Outstanding, Basic (in shares) 6,883,663 6,859,209 6,761,328
Weighted Average Shares Outstanding, Diluted (in shares) 6,974,864 6,948,474 6,852,267