Segment Information

3 Months Ended

Mar. 31, 2018

The Company's operations are managed along two operating segments: Community Banking and Home Mortgage Lending. The Community Banking segment's principal business focus is the offering of loan and deposit products to business and consumer customers in its primary market areas. As of March 31, 2018, the Community Banking segment operated 14 branches throughout Alaska. The Home Mortgage Lending segment's principal business focus is the origination and sale of mortgage loans for 1-4 family residential properties.

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 March 31, 2018
(In Thousands)	Community Banking		Home Mortgage Lending		Consolidated

Interest income		$14,463		$332		$14,795
Interest expense	427		105		532
Net interest income	14,036		227		14,263
Provision for loan losses	—		—		—
Other operating income	2,518		4,944		7,462
Compensation expense - RML acquisition payments	—		—		—
Other operating expense	12,394		4,401		16,795
Income before provision for income taxes	4,160		770		4,930
Provision for income taxes	659		209		868
Net income attributable to Northrim BanCorp, Inc.		$3,501		$561		$4,062



	Three Months Ended March 31, 2017
(In Thousands)	Community Banking		Home Mortgage Lending		Consolidated

Interest income		$14,115		$350		$14,465
Interest expense	566		66		632
Net interest income	13,549		284		13,833
Provision for loan losses	400		—		400
Other operating income	3,455		5,450		8,905
Compensation expense - RML acquisition payments	174		—		174
Other operating expense	11,622		4,819		16,441
Income before provision for income taxes	4,808		915		5,723
Provision for income taxes	1,422		379		1,801
Net income	3,386		536		3,922
Less: net income attributable to the noncontrolling interest	97		—		97
Net income attributable to Northrim BanCorp, Inc.		$3,289		$536		$3,825



March 31, 2018
(In Thousands)	Community Banking		Home Mortgage Lending		Consolidated

Total assets		$1,460,720		$64,021		$1,524,741
Loans held for sale		$—		$41,216		$41,216



December 31, 2017
(In Thousands)	Community Banking		Home Mortgage Lending		Consolidated

Total assets		$1,452,602		$65,994		$1,518,596
Loans held for sale		$—		$43,979		$43,979