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Segment Information (Tables)
9 Months Ended
Sep. 30, 2018
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, 2018
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$15,923

 

$657

 

$16,580

Interest expense
565

 
196

 
761

   Net interest income
15,358

 
461

 
15,819

Benefit for loan losses

 

 

Other operating income
2,770

 
5,903

 
8,673

Other operating expense
12,204

 
5,895

 
18,099

   Income before provision for income taxes
5,924

 
469

 
6,393

Provision for income taxes
996

 
133

 
1,129

Net income attributable to Northrim BanCorp, Inc.

$4,928

 

$336

 

$5,264



 
Three Months Ended September 30, 2017
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$14,953

 

$566

 

$15,519

Interest expense
388

 
214

 
602

   Net interest income
14,565

 
352

 
14,917

Provision for loan losses
2,500

 

 
2,500

Other operating income
7,636

 
6,219

 
13,855

Compensation expense - RML acquisition payments
149

 

 
149

Other operating expense
12,252

 
5,290

 
17,542

   Income before provision for income taxes
7,300

 
1,281

 
8,581

Provision for income taxes
2,452

 
528

 
2,980

Net income
4,848

 
753

 
5,601

Less: net income attributable to the noncontrolling interest
78

 

 
78

Net income attributable to Northrim BanCorp, Inc.

$4,770

 

$753

 

$5,523


 
Nine Months Ended September 30, 2018
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$45,443

 

$1,527

 

$46,970

Interest expense
1,435

 
464

 
1,899

   Net interest income
44,008

 
1,063

 
45,071

Benefit for loan losses
(300
)
 

 
(300
)
Other operating income
8,124

 
16,325

 
24,449

Other operating expense
36,319

 
15,181

 
51,500

   Income before provision for income taxes
16,113

 
2,207

 
18,320

Provision for income taxes
2,537

 
627

 
3,164

Net income attributable to Northrim BanCorp, Inc.

$13,576

 

$1,580

 

$15,156



 
Nine Months Ended September 30, 2017
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$43,550

 

$1,326

 

$44,876

Interest expense
1,483

 
399

 
1,882

   Net interest income
42,067

 
927

 
42,994

Provision for loan losses
3,200

 

 
3,200

Other operating income
14,502

 
18,020

 
32,522

Compensation expense - RML acquisition payments
323

 

 
323

Other operating expense
37,158

 
15,335

 
52,493

   Income before provision for income taxes
15,888

 
3,612

 
19,500

Provision for income taxes
4,745

 
1,491

 
6,236

Net income
11,143

 
2,121

 
13,264

Less: net income attributable to the noncontrolling interest
327

 

 
327

Net income attributable to Northrim BanCorp, Inc.

$10,816

 

$2,121

 

$12,937


September 30, 2018
 
 
 
 
 
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Total assets

$1,421,407

 

$81,266

 

$1,502,673

Loans held for sale

$—

 

$56,636

 

$56,636


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