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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities:      
Net income $ 13,478 $ 14,990 $ 18,334
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Loss (gain) on sale of securities, net (11) 11 (271)
Loss on sale of premises and equipment 3 352 37
Gain on sale of Northrim Benefits Group (4,445) 0 0
Depreciation and amortization of premises and equipment 2,867 2,439 2,264
Amortization of software 675 157 179
Intangible asset amortization 100 135 258
Amortization of investment security premium, net of discount accretion 332 27 (202)
Deferred tax expense (benefit) 4,004 (325) 148
Stock-based compensation 665 778 608
Excess tax expense (benefit) from share-based payment arrangements 0 63 (56)
Deferral of loan fees and costs, net (278) (178) 61
Provision for loan losses 3,200 2,298 1,754
Reserve (benefit) for purchased receivables 29 (10) (138)
Additions to mortgage servicing rights carried at fair value (3,146) (3,029) (802)
Change in fair value of mortgage servicing rights carried at fair value (2) 526 158
Gain on sale of loans (18,013) (25,413) (26,398)
Proceeds from the sale of loans held for sale 571,909 768,169 773,526
Origination of loans held for sale (554,078) (735,799) (753,815)
Gain on sale of other real estate owned (371) (295) (315)
Impairment on other real estate owned 904 187 361
Impairment on equity method investment 686 0 0
Net changes in assets and liabilities:      
Increase in accrued interest receivable (651) (114) (247)
(Increase) decrease in other assets 841 10,015 6,232
Increase (decrease) in other liabilities 586 (14,861) (11,041)
Net Cash Provided by Operating Activities 19,284 20,123 10,635
Investment in securities:      
Purchases of investment securities available for sale (84,339) (145,707) (210,308)
Purchases of FHLB stock (3,665) (751) 0
Proceeds from sales/calls/maturities of securities available for sale 102,660 105,621 200,343
Proceeds from calls/maturities of securities held to maturity 890 0 1,285
Proceeds from maturities of domestic certificates of deposit 0 0 3,500
Proceeds from redemption of FHLB stock 3,515 602 1,588
(Increase) decrease in purchased receivables, net (1,769) (7,155) 2,066
Decrease (increase) in loans, net 12,278 1,160 (57,927)
Proceeds from sale of other real estate owned 3,302 934 2,733
Proceeds from the sale of Northrim Benefits Group 4,625 0 0
Investment in other real estate owned 0 (311) 0
Elliott Cove divestiture, net of cash received 0 0 219
Purchases of software (5,680) 0 (116)
Proceeds from sales of premises and equipment 116 1,401 188
Purchases of premises and equipment (1,555) (3,293) (7,026)
Net Cash Provided (Used) by Investing Activities 30,378 (47,499) (63,455)
Financing Activities:      
Increase (decrease) in deposits (9,370) 26,861 61,045
Increase (decrease) in securities sold under repurchase agreements 139 (3,813) 11,577
Proceeds from borrowings 3,097 2,265 0
Repayments of borrowings (73) (47) (24,184)
Distributions to noncontrolling interest (445) (640) (490)
Repayment of junior subordinated debentures (8,248) 0 0
Proceeds from the issuance of common stock 100 0 50
Repurchase of common stock (1,607) 0 0
Excess tax benefits from share-based payment arrangements 0 0 56
Cash dividends paid (5,965) (5,372) (5,117)
Net Cash (Used) Provided by Financing Activities (22,372) 19,254 42,937
Net Change in Cash and Cash Equivalents 27,290 (8,122) (9,883)
Cash and Cash Equivalents at Beginning of Year 50,551 58,673 68,556
Cash and Cash Equivalents at End of Year 77,841 50,551 58,673
Supplemental Information:      
Income taxes paid 7,764 4,414 5,674
Interest paid 2,470 2,553 2,833
Noncash commitments to invest in Low Income Housing Tax Credit Partnerships 0 6,809 55
Transfer of loans to other real estate owned 5,912 4,036 1,259
Cash dividends declared but not paid $ 53 $ 48 $ 46