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Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
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:
December 31, 2019
 
 
 
 
 
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$67,770

 

$2,313

 

$70,083

Interest expense
4,569

 
1,072

 
5,641

   Net interest income
63,201

 
1,241

 
64,442

Benefit for loan losses
(1,175
)
 
—

 
(1,175
)
Other operating income
13,145

 
24,201

 
37,346

Compensation expense, RML acquisition payments
468

 
—

 
468

Other operating expense
54,520

 
21,850

 
76,370

   Income before provision for income taxes
22,533

 
3,592

 
26,125

Provision for income taxes
4,408

 
1,026

 
5,434

Net income

$18,125

 

$2,566

 

$20,691

 
 
 
 
 
 
Total assets

$1,540,869

 

$103,127

 

$1,643,996

Loans held for sale

$—

 

$67,834

 

$67,834


December 31, 2018
 
 
 
 
 
(In Thousands)
Community Banking
 
Home Mortgage Lending
 
Consolidated
 
 
 
 
 
 
Interest income

$62,097

 

$2,080

 

$64,177

Interest expense
2,370

 
599

 
2,969

   Net interest income
59,727

 
1,481

 
61,208

Benefit for loan losses
(500
)
 
—

 
(500
)
Other operating income
11,323

 
20,844

 
32,167

Compensation expense, RML acquisition payments
—

 
—

 
—

Other operating expense
49,956

 
19,844

 
69,800

   Income before provision for income taxes
21,594

 
2,481

 
24,075

Provision for income taxes
3,361

 
710

 
4,071

Net income

$18,233

 

$1,771

 

$20,004

 
 
 
 
 
 
Total assets

$1,443,745

 

$59,243

 

$1,502,988

Loans held for sale

$—

 

$34,710

 

$34,710


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

$58,308

 

$1,800

 

$60,108

Interest expense
1,860

 
570

 
2,430

   Net interest income
56,448

 
1,230

 
57,678

Provision for loan losses
3,200

 
—

 
3,200

Other operating income
17,187

 
23,287

 
40,474

Compensation expense, RML acquisition payments
130

 
—

 
130

Other operating expense
50,271

 
20,752

 
71,023

   Income before provision for income taxes
20,034

 
3,765

 
23,799

Provision for income taxes
9,499

 
822

 
10,321

Net income
10,535

 
2,943

 
13,478

Less: net income attributable to the noncontrolling interest
327

 
—

 
327

Net income attributable to Northrim BanCorp, Inc.

$10,208

 

$2,943

 

$13,151

 
 
 
 
 
 
Total assets

$1,452,602

 

$65,994

 

$1,518,596

Loans held for sale

$—

 

$43,979

 

$43,979