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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
Quarterly Results of Operations (Unaudited)
Quarterly Results of Operations (Unaudited)
2018 Quarter Ended
Dec. 31

Sept. 30

June 30

March 31
 (In Thousands Except Per Share Amounts)

Total interest income

$17,207



$16,580



$15,595



$14,795

Total interest expense
1,070


761


606


532

Net interest income
16,137


15,819


14,989


14,263

Benefit for loan losses
(200
)



(300
)


Other operating income
7,718


8,673


8,314


7,462

Other operating expense
18,300


18,099


16,606


16,795

Income before provision for income taxes
5,755


6,393


6,997


4,930

Provision for income taxes
907


1,129


1,167


868

Net income

$4,848



$5,264



$5,830



$4,062

Earnings per share, basic

$0.70



$0.77



$0.85



$0.59

Earnings per share, diluted

$0.69



$0.75



$0.84



$0.58

 
 
 
 
 
 
 
 
2017 Quarter Ended
Dec. 31

Sept. 30

June 30

March 31
 (In Thousands Except Per Share Amounts)

Total interest income

$15,232



$15,519



$14,892



$14,465

Total interest expense
548


602


648


632

Net interest income
14,684


14,917


14,244


13,833

Provision for loan losses


2,500


300


400

Other operating income
7,952


13,855


9,762


8,905

Compensation expense, RML acquisition payments
(193
)
 
149

 

 
174

Other operating expense
18,530


17,542


18,510


16,441

Income before provision for income taxes
4,299


8,581


5,196


5,723

Provision for income taxes
4,085


2,980


1,455


1,801

Net Income
214


5,601


3,741


3,922

Less: Net income attributable to the noncontrolling interest


78


152


97

Net income attributable to Northrim Bancorp, Inc.

$214



$5,523



$3,589



$3,825

Earnings per share, basic

$0.03



$0.80



$0.52



$0.55

Earnings per share, diluted

$0.03



$0.79



$0.51



$0.55