0001163370-22-000004.txt : 20220128 0001163370-22-000004.hdr.sgml : 20220128 20220128161749 ACCESSION NUMBER: 0001163370-22-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20220128 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20220128 DATE AS OF CHANGE: 20220128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHRIM BANCORP INC CENTRAL INDEX KEY: 0001163370 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 920175752 STATE OF INCORPORATION: AK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-33501 FILM NUMBER: 22569030 BUSINESS ADDRESS: STREET 1: P O BOX 241489 CITY: ANCHORAGE STATE: AK ZIP: 99524-1489 8-K 1 nrim-20220128.htm 8-K nrim-20220128
0001163370false00011633702022-01-282022-01-28

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON,  D.C. 20549 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): January 28, 2022
Northrim BanCorp, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Alaska0-3350192-0175752
________________________
(State or other jurisdiction		_____________
(Commission		_________________
(I.R.S. Employer
of incorporation)File Number)Identification No.)
    
3111 C Street,  Anchorage,   Alaska 99503
___________________________________
(Address of principal executive offices)		 ___________
(Zip Code)
Registrant’s telephone number, including area code: 907-562-0062
Not Applicable
___________________________________________________
Former name or former address, if changed since last report
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: 

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None
TITLE OF EACH CLASSTRADING SYMBOLNAME OF EXCHANGE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.126-2 of this chapter).

                                    Emerging growth company     ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     ¨







Item 2.02 Results from Operations and Financial Condition.

On January 28, 2022, Northrim BanCorp, Inc. (the "Company") announced by press release its earnings for the fourth quarter ended December 31, 2021.

A copy of the press release is attached hereto as Exhibit 99.1.


Item 9.01 Financial Statements and Exhibits.

(a) Financial statements – not applicable
(b) Proforma financial information – not applicable
(c) Shell company transactions – not applicable
(d) Exhibit No.Description
99.1Press Release dated January 28, 2022






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
  Northrim BanCorp, Inc.
      
January 28, 2022 By: /s/ Jed W. Ballard
    Name: Jed W. Ballard
    Title: EVP, Chief Financial Officer




Exhibit Index

   
Exhibit No. Description
 
Press Release dated January 28, 2022


 EX-99.1 2 exhibit991q42021.htm EX-99.1 Document
Exhibit 99.1

nrimpra08.jpg
Contact:Joe Schierhorn, President, CEO, and COO
(907) 261-3308
Jed Ballard, Chief Financial Officer
(907) 261-3539
NEWS RELEASE

Northrim BanCorp Earns $8.1 Million, or $1.31 Per Diluted Share, in Fourth Quarter 2021, and $37.5 Million, or $6.00 Per Diluted Share, for the Year 2021

ANCHORAGE, Alaska - January 28, 2022 - Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported net income of $8.11 million, or $1.31 per diluted share, in the fourth quarter of 2021, compared to $8.88 million, or $1.42 per diluted share, in the third quarter of 2021, and $10.10 million, or $1.59 per diluted share, in the fourth quarter a year ago. Fourth quarter 2021 profitability was fueled by core loan growth, fee and interest income from the Small Business Administration's ("SBA") Paycheck Protection Program ("PPP") loans, and an increase in the net interest margin as compared to the preceding quarter.

Also benefiting fourth quarter 2021 results was a $1.08 million benefit to the provision for credit losses, reflecting the strengthening economic outlook in Alaska and improving credit quality. This compares to a $1.11 million benefit to the provision for credit losses in the preceding quarter and a $599,000 benefit to the provision for credit losses in the fourth quarter of 2020. The benefit to the provision for credit losses for the current quarter was recorded under ASU 2016-13, which is also commonly referred to as the Current Expected Credit Loss (“CECL”) methodology that Northrim implemented on January 1, 2021, and includes a benefit to the provision for credit losses on loans and unfunded commitments.

Net income for the full year 2021 increased 14% to $37.52 million, or $6.00 per diluted share, compared to $32.89 million, or $5.11 per diluted share, for the full year 2020. The benefit to the provision for credit losses totaled $4.10 million in 2021, compared to a $2.43 million provision for credit losses in 2020. An increase in net interest income and continued core loan and deposit growth also contributed to the increase in net income during the year 2021 compared to the year 2020.

“Northrim’s results for the fourth quarter and the full year 2021 were a direct result of the dedication and effort of our employees, who continue to work to meet the needs of our community,” said Joe Schierhorn, President and Chief Executive Officer. “Improving economic factors along with the continued success of our outreach to new and existing customers generated increased net interest income and had a substantial impact on core loan and deposit growth.”

“One of the highlights of the year was our participation in the SBA’s PPP lending programs where we helped provide financing to Alaskans impacted by the pandemic. We helped more than 5,700 businesses and individuals, including more than 2,300 new customers, apply for and receive more than $610 million in PPP loans, making Northrim the largest originator of PPP loans in Alaska. Many of those new customers have expanded their relationships with Northrim – accounting for more than $63 million in new non-PPP loans and $119 million in new deposits in 2021.”


Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
2 of 24



Fourth Quarter and Full Year 2021 Highlights:

•For the year 2021, Community Banking revenue was $88.2 million, compared to $78.3 million for 2020.
•For the fourth quarter of 2021, Community Banking revenue was $23.5 million, compared to $21.3 million in the fourth quarter of 2020, and $22.5 in the third quarter of 2021.
•Net interest income in 2021 increased 14% to $80.8 million, compared to $70.7 million for the year 2020.
•Core net interest income in 2021 (excluding PPP interest and fees) increased 5% to $65.4 million, compared to $62.6 million for the year 2020.
•Net interest income in the fourth quarter of 2021 increased 13% to $21.7 million compared to $19.2 million in the fourth quarter of 2020 and increased 6% compared to $20.4 million in the third quarter of 2021.
•Yields on average portfolio loans in the fourth quarter of 2021 increased to 5.75%, from 5.19% in the third quarter of 2021 and 5.00% in the fourth quarter of 2020.
•Average cost of interest-bearing deposits declined to 0.16% in the fourth quarter of 2021, from 0.19% in the third quarter of 2021, and 0.40% in the fourth quarter of 2020.
•Net interest margin on a tax equivalent basis (“NIMTE”)* was 3.60% for the year, a 45-basis point contraction compared to 2020.
•NIMTE* was 3.54% in the fourth quarter of 2021, an increase of 7 bps increase compared to the preceding quarter, and a decrease of 42 bps decrease compared to the fourth quarter a year ago.
•Return on average assets ("ROAA") was 1.23% and return on average equity ("ROAE") was 13.14% for the fourth quarter of 2021, and ROAA of 1.54% and ROAE of 15.68% for the year ending December 31, 2021.
•Portfolio loans were $1.41 billion at December 31, 2021, down 3% from the preceding quarter and down 2% from a year ago, primarily as a result of PPP forgiveness.
•Portfolio loans excluding the impact from PPP, which we refer to as core loans, were $1.30 billion at December 31, 2021, up 4% from the preceding quarter and up 14% from a year ago.
•Total deposits were $2.42 billion at December 31, 2021, up 5% from $2.30 billion at September 30, 2021, and up 33% from $1.82 billion a year ago. Demand deposits increased 38% year-over-year to $887.8 million at December 31, 2021.
Financial HighlightsThree Months Ended
(Dollars in thousands, except per share data)December 31, 2021September 30, 2021June 30, 2021March 31, 2021December 31, 2020
Total assets$2,724,719 $2,609,946 $2,453,567 $2,351,243 $2,121,798 
Total portfolio loans$1,413,886 $1,450,657 $1,487,968 $1,548,924 $1,444,050 
Total portfolio loans (excluding PPP loans)$1,295,657 $1,247,297 $1,187,032 $1,146,470 $1,139,463 
Total deposits$2,421,631 $2,296,541 $2,146,438 $2,051,317 $1,824,981 
Total shareholders' equity$237,817 $242,474 $237,218 $231,452 $221,575 
Net income $8,114 $8,877 $8,345 $12,181 $10,100 
Diluted earnings per share$1.31 $1.42 $1.33 $1.94 $1.59 
Return on average assets1.23 %1.40 %1.42 %2.25 %1.90 %
Return on average shareholders' equity13.14 %14.47 %14.26 %21.40 %18.22 %
NIM3.52 %3.45 %3.48 %3.90 %3.94 %
NIMTE*
3.54 %3.47 %3.50 %3.92 %3.96 %
Efficiency ratio73.48 %68.07 %67.00 %60.24 %65.31 %
Total shareholders' equity/total assets8.73 %9.29 %9.67 %9.84 %10.44 %
Tangible common equity/tangible assets*
8.19 %8.73 %9.07 %9.22 %9.76 %
Book value per share$39.54 $39.25 $38.22 $37.29 $35.45 
Tangible book value per share*
$36.88 $36.66 $35.64 $34.71 $32.88 
Dividends per share$0.38 $0.38 $0.37 $0.37 $0.35 
* References to NIMTE, tangible book value per share, tangible common equity and tangible assets (all of which exclude intangible assets) represent non-GAAP financial measures. Management has presented these non-GAAP measurements in this earnings release, because it

Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
3 of 24



believes these measures are useful to investors. See the end of this release for reconciliations of these non-GAAP financial measures to GAAP financial measures.

COVID-19 Update:

•Industry Exposure: Northrim has identified various industries that may be adversely impacted by the COVID-19 pandemic and the volatility in oil prices that has occurred over the last year and a half, although oil prices have rebounded recently. Though the industries affected may change through the progression of the pandemic, the following sectors for which Northrim has exposure, as a percent of the total loan portfolio, excluding SBA PPP loans as of December 31, 2021, are: Healthcare (9%), Tourism (7%), Oil and Gas (5%), Aviation (non-tourism) (5%), Accommodations (4%), Restaurants and Breweries (4%), Fishing (4%) and Retail (2%).

•Customer Accommodations: The Company has implemented assistance to help customers experiencing financial challenges as a result of COVID-19 in addition to participation in PPP lending. These accommodations include interest only and deferral options on loan payments, as well as the waiver of various fees related to loans, deposits and other services. The number of loans with modifications has decreased significantly since December 31, 2020 with approximately 97% of the outstanding principal loan balances subject to modifications at December 31, 2021 representing four relationships. The total outstanding principal balance of loan modifications due to the impacts of COVID-19 as of December 31, 2021, September 30, 2021 and December 31, 2020 were as follows:
Loan Modifications due to COVID-19 as of December 31, 2021
(Dollars in thousands)Interest OnlyFull Payment DeferralTotal
Portfolio loans$49,219 $31 $49,250 
Number of modifications16 1 17 
Loan Modifications due to COVID-19 as of September 30, 2021
(Dollars in thousands)Interest OnlyFull Payment DeferralTotal
Portfolio loans$49,888 $7,533 $57,421 
Number of modifications21 3 24 
Loan Modifications due to COVID-19 as of December 31, 2020
(Dollars in thousands)Interest OnlyFull Payment DeferralTotal
Portfolio loans$43,379 $22,165 $65,544 
Number of modifications23 11 34 

All 17 loan modifications totaling $49.3 million as of December 31, 2021, have entered into more than one modification.

•Provision for Credit Losses: Northrim booked a benefit for credit loss provisions of $1.08 million for the quarter ended December 31, 2021. This compares to a benefit for credit loss provisions of $1.11 million during the previous quarter and a $599,000 benefit for credit loss provisions in the fourth quarter a year ago. The provision for the current quarter was recorded using the CECL methodology and reflects expected lifetime credit losses on loans and off-balance sheet unfunded loan commitments. The decrease in the provision for credit loss in the third and fourth quarters of 2021 is primarily the result of the improvement in economic assumptions used to estimate lifetime credit losses, which have improved but are not yet at pre-pandemic levels, and a decrease in unfunded commitments, off-set partially by a growth in core loans.

•Credit Quality: Nonaccrual loans, net of government guarantees were $10.7 million at December 31, 2021, compared to $10.0 million at December 31, 2020. Net adversely classified loans increased to $13.7 million

Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
4 of 24



at December 31, 2021, compared to $12.8 million a year ago. Net loan charge-offs were $1.1 million in the fourth quarter of 2021, compared to net loan recoveries of $53,000 in the fourth quarter of 2021.

•Branch Operations: Branch operations have returned to pre-pandemic levels, while a number of customer and employee safety measures continue to be implemented.

•Growth and Paycheck Protection Program:

◦Over the last two years, Northrim funded a total of nearly 5,800 PPP loans totaling $612.6 million to both existing and new customers. Of this amount, 745 loans totaling $33.0 million were originated during the second quarter of 2021 and 2,125 loans totaling $204.0 million were originated during the first quarter of 2021, through the second round of PPP funding. No new PPP loans were originated during the third and fourth quarters of 2021.
◦As of December 31, 2021, the PPP has resulted in 2,343 new customers totaling $62.8 million in non-PPP loans, and $119.0 million in new deposit balances.
◦Management estimates that Northrim funded approximately 24% of the number and 32% of the value of all Alaska PPP second round loans.
◦As of December 31, 2021, Northrim customers had received forgiveness through the SBA on 4,451 PPP loans totaling $491.4 million, of which 1,012 PPP loans totaling $88.4 million were forgiven in the fourth quarter of 2021, and 1,118 PPP loans totaling $102.4 million were forgiven in the third quarter of 2021. Of the PPP loans forgiven in the fourth quarter of 2021, 948 loans totaling $81 million related to the second round of PPP. As of December 31, 2021, approximately 98% of the first round of PPP loans and 56% of the second round of PPP loans have been forgiven.
◦The Company initially utilized the Federal Reserve Bank's Paycheck Protection Program Liquidity Facility to fund PPP loans, but it paid back those funds in full during the second quarter of 2020 and has since funded the SBA PPP loans through core deposits and maturing long-term investments.

•Capital Management: At December 31, 2021, the Company’s tangible common equity to tangible assets* ratio was 8.19% and the capital of Northrim Bank (the "Bank") was well in excess of all regulatory requirements. During the fourth quarter of 2021, the Company repurchased 188,264 shares of common stock under the previously announced share repurchase program, with 33,724 shares remaining of the 313,000 shares authorized for repurchase.


Alaska Economic Update
(Note: sources for information included in this section are included on page 14.)

The Alaska economy showed broad improvements in 2021 as it rebounded from the pandemic lows of 2020. Mark Edwards, EVP Chief Credit Officer and Bank Economist summarizes, “A steady recovery of jobs in nearly every sector resulted from improved independent tourism, rising oil prices, a strong housing market and consumer liquidity from government stimulus programs. We believe that the potential effects of rising interest rates, high inflation, and supply chain disruptions are the most pressing issues at the start of 2022.”

The Alaska Department of Labor ("DOL") has released data through November of 2021. The DOL reports total payroll jobs in Alaska increased 2.4% or 7,200 jobs compared to November of 2020. Tourism related jobs were the hardest hit from travel restrictions and have also been the fastest to recover. According to the DOL, the Leisure and Hospitality sector improved 12.9% between November of 2020 and November of 2021. This is now only 3,700 jobs lower than the total of 31,800 jobs in this sector in November of 2019. Other sectors showing improvement over the last 12 months include Oil & Gas (+9.8%); Trade, Transport, and Utilities (+3.1%); Construction (+2.6%);

Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
5 of 24



Professional & Business Services (+2.4%) and Health Care (+1.8%). The only private sector to decline year over year was Information with 100 fewer jobs, down 2%. The Government sector was steady at 77,700 jobs. Based on the DOL report, gains in local government employment offset declines in state and federal positions.

Alaska’s Gross State Product (“GSP”) seasonally adjusted at annualized rates for the third quarter of 2021 was $55.5 billion, compared to $49.7 billion in the third quarter of 2020, according to the Federal Bureau of Economic Analysis ("BEA") in a report that was released December 23, 2021. Alaska’s GSP declined 0.6% in the third quarter after increasing 1.8% in the second quarter of 2021.

Alaska’s seasonally adjusted personal income for the third quarter of 2021 was $48.5 billion compared to $46.0 billion seasonally adjusted at annualized rates in the third quarter of 2020, according to the BEA. Alaska’s personal income grew 2.4% in the third quarter of 2021, over the second quarter, primarily due to a $662 million increase in wage earnings. This resulted from inflationary pressure on salaries and an improvement in the total number of jobs. Wage gains more than offset the $413 million decrease in government transfer payments to Alaskans in the third quarter of 2021.

The price of Alaska North Slope crude oil began 2021 averaging $55.56 in January and climbed steadily throughout the year to a monthly average high of $84.36 a barrel in October. The monthly average for December has not yet been posted by the Alaska Department of Revenue, but the daily spot price was $80.13 on December 31, 2021.

Alaska’s home mortgage delinquency and foreclosure levels continue to be better than most of the nation. According to the Mortgage Bankers Association, Alaska’s foreclosure rate improved from 0.63% at the end of 2019 to 0.45% at the end of 2020. The foreclosure rate continued to improve in each of the first three quarters of 2021 to 0.33% in the third quarter of 2021. The comparable national average rate was higher than Alaska at 0.46% in the third quarter of 2021. We believe that the foreclosure rates are somewhat misleading because the recently ended federal moratorium on foreclosure activity on occupied homes led to declining foreclosure numbers, even though job losses strained the economy and borrowers' ability to pay.

The Mortgage Bankers Association survey reported that the percentage of delinquent mortgage loans at the end of 2019 in Alaska was 2.9%. This increased to 6.2% at the end of 2020 after the effects of COVID-19 impacted jobs. In the first quarter of 2021 it improved to 5.4% in Alaska and again in the second quarter to 5.1%. The most recent data available is the third quarter of 2021, which improved to 4.77%. According to the survey, the comparable delinquency rate for the entire country remains higher than Alaska at 5.04% in the third quarter of 2021.

According to the Alaska Multiple Listing Services, the average sales price of a single family home in Anchorage rose 6.9% in 2021 to $424,266. Average sales prices in the Matanuska Susitna Borough rose 15.6% in 2021 to $347,962, continuing a decade of consecutive price gains. These two markets represent where the vast majority of the Bank’s residential lending activity occurs.

The number of housing units sold in Anchorage was up significantly in 2021 by 11% following an increase of 19.6% in 2020, as reported by the Alaska Multiple Listing Services. The Matanuska Susitna Borough also had strong sales activity, up 11.5% in 2021 and 9.7% in 2020.

We believe that the low interest rate environment has been a major factor in the strength of the housing market. According to the Federal Reserve Bank of St. Louis, the average 30 year fixed rate mortgage in the U.S. hit an all-time record low in 2020. Rates began 2020 at 3.7% in the first week of January and fell one percent to 2.7% by the end of the year. Rates began to rise slightly in 2021 and finished the year at 3.11%.


Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
6 of 24



Northrim Bank sponsors the Alaskanomics blog to provide news, analysis, and commentary on Alaska’s economy. Join the conversation at Alaskanomics.com, or for more information on the Alaska economy, visit: www.northrim.com and click on the “Business Banking” link and then click “Learn.” Information from our website is not incorporated into, and does not form, a part of this earnings release.

Recent Events

In November, 2021, Northrim shared the news of the passing of Michael Martin, EVP, and Chief Operating Officer. Mr. Martin also served as the Bank’s General Counsel and Corporate Secretary and recently celebrated his 10 year anniversary at Northrim. We are grateful to Mr. Martin for his many years of dedicated service to the Bank. He will be remembered for his deep commitment to the company, his customers and the meaningful relationships he formed throughout his career.

Mr. Martin was active in his community, having served as a past-president of Alaska Public Media and was currently on the board of the Anchorage Symphony Orchestra and president of the Alaska Bankers Association. In addition, he taught many courses at Alaska Pacific University, the University of Alaska Anchorage, Pacific Coast Banking School at the University of Washington, and the American Institute of Banking.

“Mike was passionate about his work at the Bank and the many customers and colleagues that he worked with over the years. He will be greatly missed and we send our deepest condolences to his family,” said Schierhorn.

Mr. Martin and his family were also very involved in the Junior Nordic program of the Nordic Skiing Association of Anchorage. In memory of Mr. Martin, Northrim Bank has established the Michael Martin Youth & Sports Development Endowment Fund. The fund is to be used to ensure that the Nordic Skiing Association of Anchorage is able to promote cross country skiing as a health and wellness activity and is made available to children or low-income families and throughout diverse neighborhoods.. For further details or to make a donation to the Michael Martin Youth & Sports Development Endowment Fund, please visit https://alaskacf.org/blog/funds/michael-martin-youth-sport-development-endowment/

Review of Income Statement

Consolidated Income Statement

In the fourth quarter of 2021, Northrim generated a ROAA of 1.23% and a ROAE of 13.14%, compared to 1.40% and 14.47%, respectively, in the third quarter of 2021 and 1.90% and 18.22%, respectively, in the fourth quarter a year ago. Northrim’s ROAE is above peer averages posted by the S&P U.S. Small Cap Bank Index with total market capitalization between $250 million and $1 billion as of September 30, 20211.

Net Interest Income/Net Interest Margin

Net interest income increased 13% to $21.7 million in the fourth quarter of 2021 compared to $19.2 million in the fourth quarter of 2020 and increased 6% compared to $20.4 million in the third quarter of 2021. Interest income benefited from the amortization of PPP loan fees and the full recognition of the deferred PPP loan fees upon forgiveness by the SBA. During the fourth quarter of 2021, Northrim received $88.5 million in loan forgiveness through the SBA, compared to $102.4 million in loan forgiveness during the prior quarter, resulting in total net PPP fee income of $3.6 million and $3.0 million, respectively. As of December 31, 2021, there was $4.5 million of net deferred PPP fee income remaining. For the year 2021, net interest income increased 14% to $80.8 million, compared to $70.7 million for the year 2020.

1As of September 30, 2021, the S&P U.S. Small Cap Bank Index tracked 293 banks with total common market capitalization between $250 million to $1B for the following ratios: NIMTE* of 2.84%. ROAA 1.39%, and ROAE 12.33%.

Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
7 of 24



NIMTE* was 3.54% in the fourth quarter of 2021 compared to 3.47% in the preceding quarter and 3.96% in the fourth quarter a year ago. “While our liquidity position remains elevated, our NIMTE* improved compared to the prior quarter, reflecting increasing net interest income and strong core loan growth. New core loans that carry a higher interest rate are replacing lower rate PPP loans, which is helping our net interest margin expand,” said Jed Ballard, Chief Financial Officer. “We expect continued net interest margin improvement with increases in interest rates in 2022, as nearly 74% of our loan portfolio has adjusting rates and our large cash position will reprice immediately upon any rate increases. Also notable during the fourth quarter was the impact of SBA PPP loan fees and interest on net interest income, which increased our NIMTE* by 45 basis points during the fourth quarter of 2021 compared to what our NIMTE* would have been if we had not made any SBA PPP loans. The increase from SBA PPP loans this quarter is the result of recognition of fee income on loans that were forgiven,” continued Ballard. NIMTE* continues to be impacted by the increased liquidity Northrim has experienced in conjunction with the SBA PPP loans. Northrim's NIMTE* continues to remain above the peer average posted by the S&P U.S. Small Cap Bank Index with total market capitalization between $250 million and $1 billion as of September 30, 20211.


Provision for Credit Losses

Northrim recorded a benefit to the provision for credit losses of $1.1 million in the fourth quarter of 2021, which includes a $126,000 benefit to the provision for credit losses on unfunded commitments and a benefit of $952,000 for credit losses on loans. This compares to a benefit to the provision for credit losses on loans of $1.1 million in the third quarter of 2021, and a benefit to the provision for credit losses on loans of $599,000 in the fourth quarter a year ago. “The benefit to the provision for credit losses on loans and unfunded commitments during the quarter primarily follows our current assessment of risks associated with the economy and reflects expected lifetime credit losses based upon the conditions that existed as of year-end,” said Ballard. “The ongoing impacts of the CECL methodology will be dependent upon changes in economic conditions and forecasts, as well as loan portfolio composition, quality, and portfolio duration.”

Nonperforming loans, net of government guarantees, decreased during the quarter to $10.7 million at December 31, 2021, compared to $11.5 million at September 30, 2021, and increased compared to $10.0 million at December 31, 2020. The allowance for credit losses was 110% of nonperforming loans, net of government guarantees, at the end of the fourth quarter of 2021, compared to 120% three months earlier and 210% a year ago.

Other Operating Income

In addition to home mortgage lending, Northrim has interests in other businesses that complement its core community banking activities, including purchased receivables financing and wealth management. Other operating income contributed $9.6 million, or 31% of total fourth quarter 2021 revenues, as compared to $12.7 million, or 38% of revenues in the third quarter of 2021, and $17.7 million, or 48% of revenues in the fourth quarter of 2020. The decrease in other operating income in the fourth quarter of 2021 as compared to the fourth quarter a year ago was due primarily to a lower volume of mortgage activity. For the year 2021, other operating income totaled $52.3 million, or 39% of revenues, compared to $63.3 million, or 47% of revenues for the year 2020.

Other notable changes during the quarter include changes in the fair value mark-to-market of the marketable equity securities portfolio, which decreased other income by $128,000 in the fourth quarter of 2021, compared to a $67,000 decrease in the third quarter of 2021 and a $408,000 increase in the fourth quarter of 2020. There was $61,000 in interest rate swap income in the fourth quarter of 2021. This compares to $195,000 in interest rate swap income in the preceding quarter and $206,000 in interest rate swap income in the fourth quarter of 2020 on the execution of interest rate swaps related to the Company's commercial lending operations.


Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
8 of 24



Other Operating Expenses

Operating expenses were $23.0 million in the fourth quarter of 2021, compared to $22.5 million in the third quarter of 2021, and $24.1 million in the fourth quarter of 2020. “We had the infrastructure and many talented employees in place to facilitate organic growth, and as a result were able expand our client base and our operations without significantly increasing our operating expenses,” said Ballard. For the year 2021, operating expenses were $89.2 million, compared to $89.1 million in 2020.

Income Tax Provision

In the fourth quarter of 2021, Northrim recorded $1.3 million in state and federal income tax expense for an effective tax rate of 13.4%, compared to $2.8 million, or 23.4% in the third quarter of 2021 and $3.3 million, or 24.7% in the fourth quarter a year ago. The decrease in the tax rate in the fourth quarter of 2021 is primarily the result of increased tax benefits related to equity compensation and the Company's investment in low income housing tax credits. For the year 2021, Northrim recorded $10.5 million in state and federal income tax expense, for an effective tax rate of 21.8% compared to $9.6 million and 22.5% in 2020.


Community Banking

“We continue to address the needs of our customers through our Land and Expand efforts, and as a result we are growing our market share across all of our major markets,” said Schierhorn. “To better serve our customers, we opened our second Fairbanks branch during the first quarter of 2021 and in March of 2020 we opened a loan production office in Kodiak, which saw continued growth in 2021. In addition to opening these branches, we hired lenders to these markets over the last two years, who are really contributing to our growth. We are geographically diversified throughout our markets and believe that our expansion into new markets has helped us increase our deposit market share in 2021, based on the most recent data from the FDIC.”

In the recent deposit market share data from the FDIC for the period from June 30, 2020, to June 30, 2021, Northrim’s deposit market share in Alaska increased to $2.2 billion, or 13.00% of total Alaska deposits as of June 30, 2021 from $1.8 billion, or 12.32% of total Alaska deposits as of June 30, 2020. Northrim's deposits grew 24% during this period while total deposits in Alaska were up 18% during the same period.

Net interest income in the Community Banking segment totaled $21.2 million in the fourth quarter of 2021, compared to $19.7 million in the third quarter of 2021 and $18.3 million in the fourth quarter of 2020. Net interest income benefited from $4.0 million of PPP income in the fourth quarter of 2021, and $3.7 million of PPP income in the third quarter of 2021. As of December 31, 2021, there was $4.5 million of unearned loan fees net of costs related to round one and round two PPP loans.


Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
9 of 24



The following table provides highlights of the Community Banking segment of Northrim:
Three Months Ended
(Dollars in thousands, except per share data)December 31, 2021September 30, 2021June 30, 2021March 31, 2021December 31, 2020
Net interest income$21,150 $19,728 $18,468 $18,734 $18,349 
(Benefit) for credit losses(1,078)(1,106)(427)(1,488)(599)
Other operating income2,308 2,765 2,772 2,274 2,921 
Other operating expense15,583 14,849 14,551 13,664 15,536 
   Income before provision for income taxes8,953 8,750 7,116 8,832 6,333 
Provision for income taxes1,211 1,955 1,850 1,452 1,303 
   Net income $7,742 $6,795 $5,266 $7,380 $5,030 
Weighted average shares outstanding, diluted6,177,766 6,265,602 6,277,265 6,277,177 6,324,461 
Diluted earnings per share$1.25 $1.08 $0.84 $1.18 $0.79 
Year-to-date
(Dollars in thousands, except per share data)December 31, 2021December 31, 2020
Net interest income$78,080 $67,647 
(Benefit) provision for credit losses(4,099)2,432 
Other operating income10,119 10,693 
Other operating expense58,647 57,614 
   Income before provision for income taxes33,651 18,294 
Provision for income taxes6,468 2,694 
   Net income$27,183 $15,600 
Weighted average shares outstanding, diluted6,249,313 6,431,367 
Diluted earnings per share$4.35 $2.42 

Home Mortgage Lending

“The increased activity in the mortgage market has continued through the fourth quarter of 2021, although normal seasonality factors and lower refinance activity have caused total mortgage volume to decrease compared to the record setting pace of the last several quarters,” said Ballard.

During the fourth quarter of 2021, mortgage loan volume was $247.2 million, of which 70% was for new home purchases, compared to $283.7 million and 77% of loans funded for new home purchases in the third quarter of 2021, and $381.9 million, of which 52% was for new home purchases in the fourth quarter of 2020.

Loan fundings decreased during the fourth quarter of 2021 as compared to the preceding quarter and year-over-year, driven by normal seasonality and lower refinance activity. The net change in fair value of mortgage servicing rights decreased mortgage banking income by $549,000 during the fourth quarter of 2021 and by $1.5 million during the third quarter of 2021, primarily due to the continued refinance of existing mortgages in the servicing portfolio.

“Our mortgage servicing business, which we initiated to service loans primarily for the Alaska Housing Finance Corporation, generated continued growth throughout the quarter, which outweighed the reduction of the refinancing activity,” said Ballard. As of December 31, 2021, Northrim serviced 3,097 loans in its $772.8 million home-mortgage-servicing portfolio, a 3% increase compared to the $750.3 million serviced for the third quarter of 2021, and a 13% increase from the $683.1 million serviced a year ago. Delinquencies in the loan servicing portfolio totaled $20.4 million at December 31, 2021, compared to $31.4 million at December 31, 2020. Mortgage servicing revenue contributed $2.0 million to revenues in the fourth quarter of 2021, compared to $2.4 million in the third quarter of 2021, and $2.5 million in the fourth quarter of 2020. Largely as a result of the COVID-19 pandemic,

Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
10 of 24



approximately 3% of mortgages serviced were in forbearance as of December 31, 2021, compared to 3% as of September 30, 2021, and 5% as of December 31, 2020.

Total mortgage servicing income fluctuates based on the number of mortgage servicing rights originated during the period and changes in the fair value of those servicing rights. The fair value of mortgage servicing rights is driven by interest rate volatility and the number of serviced mortgages that pay off during the period, as well as fluctuations in estimated prepayment speeds based on published industry metrics. The change in the fair value of mortgage servicing rights was a decrease of $549,000 for the fourth quarter of 2021, compared to a decrease of $1.5 million for the third quarter of 2021 and a decrease of $1.2 million for the fourth quarter of 2020.

The following table provides highlights of the Home Mortgage Lending segment of Northrim:
Three Months Ended
(Dollars in thousands, except per share data)December 31, 2021September 30, 2021June 30, 2021March 31, 2021December 31, 2020
Mortgage commitments$81,617 $169,436 $173,994 $181,417 $150,276 
Mortgage loans funded for sale$247,249 $283,660 $286,314 $300,963 $381,942 
Mortgage loan refinances to total fundings30 %23 %31 %60 %48 %
Mortgage loans serviced for others$772,764 $750,327 $713,926 $682,827 $683,117 
Net realized gains on mortgage loans sold$7,214 $7,957 $9,470 $11,795 $15,557 
Change in fair value of mortgage loan commitments, net(1,687)533 (427)98 (2,724)
Total production revenue5,527 8,490 9,043 11,893 12,833 
Mortgage servicing revenue1,975 2,449 2,452 2,152 2,510 
Change in fair value of mortgage servicing rights:
     Due to changes in model inputs of assumptions1
(89)(928)16 (180)(410)
     Other2
(460)(530)(583)(829)(783)
Total mortgage servicing revenue, net1,426 991 1,885 1,143 1,317 
Other mortgage banking revenue316 412 432 586 661 
   Total mortgage banking income$7,269 $9,893 $11,360 $13,622 $14,811 
Net interest income$560 $704 $724 $759 $875 
Mortgage banking income7,269 9,893 11,360 13,622 14,811 
Other operating expense7,416 7,685 7,785 7,663 8,611 
   Income before provision for income taxes413 2,912 4,299 6,718 7,075 
Provision for income taxes41 830 1,220 1,917 2,005 
   Net income$372 $2,082 $3,079 $4,801 $5,070 
Weighted average shares outstanding, diluted6,177,766 6,265,602 6,277,265 6,277,177 6,324,461 
Diluted earnings per share$0.06 $0.34 $0.49 $0.76 $0.80 
1Principally reflects changes in discount rates and prepayment speed assumptions, which are primarily affected by changes in interest rates.
2Represents changes due to collection/realization of expected cash flows over time.


Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
11 of 24



Year-to-date
(Dollars in thousands, except per share data)December 31, 2021December 31, 2020
Mortgage loans funded for sale$1,118,186 $1,295,411 
Mortgage loan refinances to total fundings37 %50 %
Net realized gains on mortgage loans sold$36,436 $46,258 
Change in fair value of mortgage loan commitments, net(1,483)2,253 
Total production revenue34,953 48,511 
Mortgage servicing revenue9,028 7,514 
Change in fair value of mortgage servicing rights:
     Due to changes in model inputs of assumptions1
(1,181)(2,701)
     Other2
(2,402)(2,855)
Total mortgage servicing revenue, net5,445 1,958 
Other mortgage banking revenue1,746 2,166 
   Total mortgage banking income$42,144 $52,635 
Net interest income$2,747 $3,018 
Mortgage banking income42,144 52,635 
Other operating expense30,549 31,500 
   Income before provision for income taxes14,342 24,153 
Provision for income taxes4,008 6,865 
   Net income$10,334 $17,288 
Weighted average shares outstanding, diluted6,249,313 6,431,367 
Diluted earnings per share$1.65 $2.69 
1Principally reflects changes in discount rates and prepayment speed assumptions, which are primarily affected by changes in interest rates.
2Represents changes due to collection/realization of expected cash flows over time.

Balance Sheet Review

Northrim’s total assets increased to $2.72 billion at December 31, 2021, up 4% from the preceding quarter and up 28% from a year ago. Northrim’s loan-to-deposit ratio was 58% at December 31, 2021, down from 63% at September 30, 2021, and 79% at December 31, 2020.

Liquidity levels are at record highs with interest bearing deposits in other banks at $625.0 million, representing 24% of interest-earning assets as of December 31, 2021, compared to 5% at December 31, 2020.

Average interest-earning assets were $2.45 billion in the fourth quarter of 2021, up 4% from $2.35 billion in the third quarter of 2021 and up 26% from $1.94 billion in the fourth quarter a year ago. The average yield on interest-earning assets was 3.67% in the fourth quarter of 2021, up from 3.62% in the preceding quarter and down from 4.24% in the fourth quarter a year ago.

Average investment securities increased to $432.3 million in the fourth quarter of 2021, compared to $389.6 million in the third quarter of 2021 and $231.9 million in the fourth quarter a year ago. The average net tax equivalent yield on the securities portfolio was 1.17% for the fourth quarter of 2021, down from 1.20% in the preceding quarter and down from 1.73% in the year ago quarter. The average estimated duration of the investment portfolio at December 31, 2021, was four years. “The average duration in our investment securities portfolio has increased over the last couple of years as a result of lower interest rates, however, given our liquidity, we still have flexibility to deploy short-term funds into higher earning assets should rates rise over the next one to two years,” said Ballard.

Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
12 of 24




“Core loan growth was solid during the quarter, with $48.4 million in new loans, excluding PPP loans. Additionally, new core loan growth was geographically diversified across all of our markets throughout the state. The total loan portfolio balance was reduced due to $88.5 million in PPP loan forgiveness during the quarter. However, much of the loan production during the past several quarters resulted from new customers we obtained through the PPP process, and we believe that the loan pipeline remains strong.” At December 31, 2021, commercial loans represented 37% of total loans, PPP loans represented 9% of total loans, commercial real estate owner occupied loans comprised 15% of total loans, commercial real estate non-owner occupied loans comprised 28% of total loans, and construction loans made up 8% of total loans. Portfolio loans were $1.41 billion at December 31, 2021, down 3% from the preceding quarter and down 2% from a year ago. Portfolio loans excluding the impact from PPP were $1.30 billion at December 31, 2021, up 4% from the preceding quarter and up 14% from a year ago. Average portfolio loans in the fourth quarter of 2021 were $1.41 billion, which was down 4% from the preceding quarter and down 5% from a year ago. Yields on average portfolio loans in the fourth quarter of 2021 increased to 5.75% from 5.19% in the third quarter of 2021 and 5.00% in the fourth quarter of 2020.

Alaskans continue to account for substantially all of Northrim’s deposit base, which is primarily made up of low-cost transaction accounts. Total deposits were $2.42 billion at December 31, 2021, up 5% from $2.30 billion at September 30, 2021, and up 33% from $1.82 billion a year ago. Demand deposits increased 38% year-over-year to $887.8 million at December 31, 2021. Average interest-bearing deposits were up 6% to $1.46 billion with an average cost of 0.16% in the fourth quarter of 2021, compared to $1.38 billion and an average cost of 0.19% in the third quarter of 2021, and up 28% compared to $1.14 billion and an average cost of 0.40% in the fourth quarter of 2020.

“We continue to attract new customers through our outreach in the community, with a large portion of our deposit and loan growth coming from the over 2,300 new customers we gained from helping with PPP lending,” said Schierhorn. “The Land and Expand program is working with $62.8 million or 42% of our core loan growth and $119 million or 20% of our deposit growth, coming from new customers obtained from our PPP efforts as of December 31, 2021. The investments in our people, products and services have allowed us to attract a broader customer base and convert new PPP customers into full banking relationships.”

Shareholders’ equity was $237.8 million, or $39.54 per share, at December 31, 2021, compared to $242.5 million, or $39.25 per share, at September 30, 2021 and $221.6 million, or $35.45 per share, a year ago. Tangible book value per share* was $36.88 at December 31, 2021, compared to $36.66 at September 30, 2021, and $32.88 per share a year ago. Northrim continues to maintain capital levels in excess of the requirements to be categorized as “well-capitalized” with Tier 1 Capital to Risk Adjusted Assets of 14.08% at December 31, 2021, compared to 14.17% at September 30, 2021, and 14.20% at December 31, 2020.

Asset Quality

“While we are encouraged with the overall performance in the loan portfolio, we remain cautious. With a few of the industries that have been hardest hit, particularly tourism and hospitality, we continue to maintain elevated credit monitoring structures,” said Ballard.

Nonperforming assets ("NPAs") net of government guarantees were $15.0 million at December 31, 2021, down from $16.1 million at September 30, 2021 and from $16.3 million a year ago. Of the NPAs at December 31, 2021, $8.8 million, or 59% are nonaccrual loans related to seven commercial relationships. One of these relationships, which totaled $1.1 million at December 31, 2021, is a business in the medical industry.

Net adversely classified loans were $13.7 million at December 31, 2021, as compared to $17.4 million at September 30, 2021, and $12.8 million a year ago. Net loan charge-offs were $1.1 million in the fourth quarter of 2021,

Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
13 of 24



compared to net loan recoveries of $39,000 in the third quarter of 2021, and net loan recoveries of $53,000 in the fourth quarter of 2020. Adversely classified loans are loans that Northrim has classified as substandard, doubtful, and loss, net of government guarantees. As of December 31, 2021, $11.6 million, or 84% of net adversely classified loans are attributable to ten relationships with seven loans to commercial businesses, one loan to a medical business, and two loans to oilfield services commercial businesses.

Performing restructured loans that were not included in nonaccrual loans at December 31, 2021, net of government guarantees were $773,000, down from $796,000 three months earlier and down from $832,000 a year ago. Borrowers who are in financial difficulty and who have been granted concessions that may include interest rate reductions, term extensions, or payment alterations are categorized as restructured loans, unless it is the result of the COVID-19 global pandemic. The Company presents restructured loans that are performing separately from those that are classified as nonaccrual to provide more information on this category of loans and to differentiate between accruing performing and nonperforming restructured loans.

Excluding SBA PPP loans, Northrim had $117.0 million, or 9% of total portfolio loans, in the healthcare sector; $94.4 million, or 7% of portfolio loans, in the tourism sector; $59.6 million, or 5% of portfolio loans, in the aviation (non-tourism) sector; $55.8 million, or 4% in the fishing sector; $54.1 million, or 4% in the accommodations sector; $46.6 million, or 4% in the restaurants and breweries sector; and $31.9 million, or 2% in retail loans as of December 31, 2021.

Northrim estimates that $63.6 million, or approximately 5% of portfolio loans excluding SBA PPP loans, had direct exposure to the oil and gas industry in Alaska, as of December 31, 2021, and $4.3 million of these loans are adversely classified. As of December 31, 2021, Northrim has an additional $66.4 million in unfunded commitments to companies with direct exposure to the oil and gas industry in Alaska, and none of these unfunded commitments are considered to be adversely classified loans. Northrim defines direct exposure to the oil and gas sector as loans to borrowers that provide oilfield services and other companies that have been identified as significantly reliant upon activity in Alaska related to the oil and gas industry, such as lodging, equipment rental, transportation and other logistics services specific to this industry.


About Northrim BanCorp

Northrim BanCorp, Inc. is the parent company of Northrim Bank, an Alaska-based community bank with 17 branches in Anchorage, the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, and Sitka, and a loan production office in Kodiak, serving 90% of Alaska’s population; and an asset based lending division in Washington; and a wholly-owned mortgage brokerage company, Residential Mortgage Holding Company, LLC. The Bank differentiates itself with its detailed knowledge of Alaska’s economy and its “Customer First Service” philosophy. Pacific Wealth Advisors, LLC is an affiliated company of Northrim BanCorp.

www.northrim.com

Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
14 of 24



Forward-Looking Statement
This release may contain “forward-looking statements” as that term is defined for purposes of Section 21E of the Securities Exchange Act of 1934, as amended. These statements are, in effect, management’s attempt to predict future events, and thus are subject to various risks and uncertainties. Readers should not place undue reliance on forward-looking statements, which reflect management’s views only as of the date hereof. All statements, other than statements of historical fact, regarding our financial position, business strategy, management’s plans and objectives for future operations, and statements related to the expected or potential impact of the novel coronavirus (COVID-19) pandemic and the related responses of the government are forward-looking statements.  When used in this report, the words “anticipate,” “believe,” “estimate,” “expect,” and “intend” and words or phrases of similar meaning, as they relate to Northrim and its management are intended to help identify forward-looking statements.  Although we believe that management’s expectations as reflected in forward-looking statements are reasonable, we cannot assure readers that those expectations will prove to be correct.  Forward looking statements, whether concerning the COVID-19 pandemic and the government responses related thereto or otherwise, are subject to various risks and uncertainties that may cause our actual results to differ materially and adversely from our expectations as indicated in the forward-looking statements.  These risks and uncertainties include: the uncertainties relating to the impact of COVID-19 on the Company's credit quality, business, operations and employees; governmental changes impacting the regulatory landscape, natural resource extraction industries, capital markets, and the response to and management of the COVID-19 pandemic, including the effectiveness of previously-enacted fiscal stimulus from the federal government; the timing of PPP loan forgiveness; the impact of potential increases in interest rates, inflation, supply-chain constraints, trade policies and tensions, including tariffs, and potential geopolitical instability; our ability to maintain strong asset quality and to maintain or expand our market share or net interest margins; and our ability to execute our business plan.  Further, actual results may be affected by our ability to compete on price and other factors with other financial institutions; customer acceptance of new products and services; the regulatory environment in which we operate; and general trends in the local, regional and national banking industry and economy as those factors relate to our cost of funds and return on assets.  In addition, there are risks inherent in the banking industry relating to collectability of loans and changes in interest rates.  Many of these risks, as well as other risks that may have a material adverse impact on our operations and business, are identified in the “Risk Factors” section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2020, and from time to time are disclosed in our other filings with the Securities and Exchange Commission.  However, you should be aware that these factors are not an exhaustive list, and you should not assume these are the only factors that may cause our actual results to differ from our expectations. These forward-looking statements are made only as of the date of this release, and Northrim does not undertake any obligation to release revisions to these forward-looking statements to reflect events or conditions after the date of this release.


References:

www.sba.gov/ak

https://www.bea.gov/

http://almis.labor.state.ak.us/

http://www.tax.alaska.gov/programs/oil/prevailing/ans.aspx

http://www.tax.state.ak.us/

www.mba.org

https://www.alaskarealestate.com/MLSMember/RealEstateStatistics.aspx

https://fred.stlouisfed.org/series/MORTGAGE30US

https://www.sba.gov/document/report-paycheck-protection-program-weekly-reports-2021



Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
15 of 24



Income Statement
(Dollars in thousands, except per share data)Three Months EndedYear-to-date
(Unaudited)December 31,September 30,December 31,December 31,December 31,
20212021202020212020
Interest Income:  
     Interest and fees on loans$20,954 $19,900 $19,587 $79,241 $71,091 
     Interest on investments1,322 1,233 967 4,918 5,400 
     Interest on deposits in banks199 149 25 447 225 
          Total interest income22,475 21,282 20,579 84,606 76,716 
Interest Expense:  
     Interest expense on deposits582 667 1,144 3,077 5,279 
     Interest expense on borrowings183 183 211 702 772 
          Total interest expense765 850 1,355 3,779 6,051 
          Net interest income21,710 20,432 19,224 80,827 70,665 
(Benefit) provision for credit losses(1,078)(1,106)(599)(4,099)2,432 
          Net interest income after provision (benefit) for
          loan losses22,788 21,538 19,823 84,926 68,233 
Other Operating Income:  
     Mortgage banking income7,269 9,893 14,811 42,144 52,635 
     Bankcard fees892 878 743 3,389 2,837 
     Purchased receivable income622 530 538 2,259 2,650 
     Unrealized gain (loss) on marketable equity securities(128)(67)408 (101)61 
     Service charges on deposit accounts354 345 300 1,297 1,102 
     Interest rate swap income61 195 206 452 949 
     Gain on sale of securities— 36 — 67 98 
     Other income507 848 726 2,756 2,996 
          Total other operating income9,577 12,658 17,732 52,263 63,328 
Other Operating Expense:  
     Salaries and other personnel expense15,011 15,756 16,826 60,412 61,137 
     Data processing expense2,128 2,198 2,015 8,567 7,668 
     Occupancy expense1,842 1,707 1,701 7,078 6,624 
     Marketing expense1,132 533 739 2,741 2,320 
     Professional and outside services832 703 951 2,801 3,157 
     Insurance expense628 322 300 1,593 1,228 
     Intangible asset amortization expense10 9 12 37 48 
     OREO expense, net rental income and gains on sale(65)(378)(250)(432)(242)
     Other operating expense1,481 1,684 1,853 6,399 7,174 
          Total other operating expense22,999 22,534 24,147 89,196 89,114 
          Income before provision for income taxes9,366 11,662 13,408 47,993 42,447 
     Provision for income taxes1,252 2,785 3,308 10,476 9,559 
          Net income$8,114 $8,877 $10,100 $37,517 $32,888 
          Basic EPS$1.33 $1.43 $1.61 $6.07 $5.18 
          Diluted EPS$1.31 $1.42 $1.59 $6.00 $5.11 
         Weighted average shares outstanding, basic6,100,160 6,196,260 6,245,254 6,180,801 6,354,687 
         Weighted average shares outstanding, diluted6,177,766 6,265,602 6,324,461 6,249,313 6,431,367 







Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
16 of 24



Balance Sheet
(Dollars in thousands)
(Unaudited)December 31,September 30,December 31,
202120212020
Assets:
     Cash and due from banks$20,805 $34,216 $23,304 
     Interest bearing deposits in other banks625,022 458,063 92,661 
     Investment securities available for sale, at fair value426,684 379,122 247,633 
     Investment securities held to maturity20,000 20,000 10,000 
     Marketable equity securities, at fair value8,420 8,551 9,052 
     Investment in Federal Home Loan Bank stock3,107 3,110 2,551 
     Loans held for sale73,650 106,224 146,178 
     Portfolio loans1,413,886 1,450,657 1,444,050 
     Allowance for credit losses, loans(11,739)(13,816)(21,136)
          Net portfolio loans1,402,147 1,436,841 1,422,914 
     Purchased receivables, net6,987 20,118 13,922 
     Mortgage servicing rights, at fair value13,724 13,080 11,218 
     Other real estate owned, net5,638 5,912 7,289 
     Premises and equipment, net37,164 37,610 38,102 
     Operating lease right-of-use assets11,001 11,371 12,440 
     Goodwill and intangible assets16,009 16,019 16,046 
     Other assets54,361 59,709 68,488 
          Total assets$2,724,719$2,609,946$2,121,798
Liabilities:  
     Demand deposits$887,824 $868,810 $643,825 
     Interest-bearing demand692,683 644,035 459,095 
     Savings deposits348,164 330,465 308,725 
     Money market deposits314,996 278,529 237,705 
     Time deposits177,964 174,702 175,631 
          Total deposits2,421,631 2,296,541 1,824,981 
     Other borrowings 14,508 14,605 14,817 
     Junior subordinated debentures10,310 10,310 10,310 
     Operating lease liabilities10,965 11,334 12,378 
     Other liabilities29,488 34,682 37,737 
          Total liabilities2,486,902 2,367,472 1,900,223 
Shareholders' Equity:  
          Total shareholders' equity 237,817 242,474 221,575 
          Total liabilities and shareholders' equity$2,724,719 $2,609,946 $2,121,798 

Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
17 of 24



Additional Financial Information
(Dollars in thousands)
(Unaudited)

Composition of Portfolio Loans
December 31, 2021September 30, 2021June 30, 2021March 31, 2021December 31, 2020
Balance% of totalBalance% of totalBalance% of totalBalance% of totalBalance% of total
Commercial loans$521,785 37 %$498,585 34 %$476,900 31 %$449,153 30 %$469,540 33 %
SBA Payment Protection loans122,729 9 %211,449 14 %311,971 21 %414,381 26 %310,518 21 %
CRE owner occupied loans220,367 15 %206,756 14 %190,880 13 %178,476 11 %163,597 11 %
CRE nonowner occupied loans402,879 28 %405,666 28 %373,325 25 %368,145 23 %355,694 24 %
Construction loans121,104 8 %106,020 7 %115,917 8 %121,943 8 %118,782 8 %
Consumer loans36,565 3 %37,044 3 %36,420 2 %34,603 2 %37,654 3 %
   Subtotal1,425,429 1,465,520 1,505,413 1,566,701 1,455,785 
Unearned loan fees, net(11,543)(14,863)(17,445)(17,777)(11,735)
     Total portfolio loans$1,413,886 $1,450,657 $1,487,968 $1,548,924 $1,444,050 
Composition of Deposits
December 31, 2021September 30, 2021June 30, 2021March 31, 2021December 31, 2020
Balance% of totalBalance% of totalBalance% of totalBalance% of totalBalance% of total
Demand deposits$887,824 37 %$868,810 38 %$798,231 37 %$762,793 37 %$643,825 35 %
Interest-bearing demand692,683 29 %644,035 28 %582,669 27 %524,373 26 %459,095 25 %
Savings deposits348,164 14 %330,465 14 %322,645 15 %325,625 16 %308,725 17 %
Money market deposits314,996 13 %278,529 12 %258,116 12 %253,934 12 %237,705 13 %
Time deposits177,964 7 %174,702 8 %184,777 9 %184,592 9 %175,631 10 %
   Total deposits$2,421,631 $2,296,541 $2,146,438 $2,051,317 $1,824,981 

Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
18 of 24



Additional Financial Information
(Dollars in thousands)
(Unaudited)
Asset QualityDecember 31,September 30,December 31,
202120212020
     Nonaccrual loans$11,650 $12,493 $11,120 
     Loans 90 days past due and accruing— — 449 
          Total nonperforming loans11,650 12,493 11,569 
             Nonperforming loans guaranteed by government(978)(1,017)(1,521)
                Net nonperforming loans 10,672 11,476 10,048 
     Other real estate owned5,638 5,912 7,289 
     Repossessed assets— — 231 
             Other real estate owned guaranteed by government(1,279)(1,279)(1,279)
                Net nonperforming assets$15,031 $16,109 $16,289 
     Nonperforming loans, net of government guarantees / portfolio loans0.75 %0.79 %0.70 %
     Nonperforming loans, net of government guarantees / portfolio loans,
               net of government guarantees0.88 %0.97 %0.92 %
     Nonperforming assets, net of government guarantees / total assets0.55 %0.62 %0.77 %
     Nonperforming assets, net of government guarantees / total assets
               net of government guarantees0.60 %0.69 %0.92 %
     Performing restructured loans $3,291 $2,382 $2,355 
          Performing restructured loans guaranteed by government(2,518)(1,586)(1,523)
               Net performing restructured loans$773 $796 $832 
     Nonperforming loans plus performing restructured loans, net of government
          guarantees$11,445 $12,272 $10,880 
     Nonperforming loans plus performing restructured loans, net of government
          guarantees / portfolio loans0.81 %0.85 %0.75 %
     Nonperforming loans plus performing restructured loans, net of government
          guarantees / portfolio loans, net of government guarantees0.94 %1.03 %0.99 %
     Nonperforming assets plus performing restructured loans, net of government
          guarantees / total assets0.58 %0.65 %0.81 %
     Nonperforming assets plus performing restructured loans, net of government
          guarantees / total assets, net of government guarantees0.63 %0.72 %0.97 %
     Adversely classified loans, net of government guarantees$13,739 $17,360 $12,768 
     Special mention loans, net of government guarantees$22,110 $15,151 $19,063 
     Loans 30-89 days past due and accruing, net of government guarantees /
     portfolio loans— %0.03 %0.05 %
     Loans 30-89 days past due and accruing, net of government guarantees /
     portfolio loans, net of government guarantees— %0.04 %0.07 %
     Allowance for credit losses / portfolio loans0.83 %0.95 %1.46 %
     Allowance for credit losses / portfolio loans, net of government guarantees0.97 %1.16 %1.93 %
     Allowance for credit losses / nonperforming loans, net of government
     guarantees110 %120 %210 %
     Gross loan charge-offs for the quarter$1,179 $— $11 
     Gross loan recoveries for the quarter($53)($39)$64 
     Net loan (recoveries) charge-offs for the quarter$1,126 ($39)($53)
     Net loan (recoveries) charge-offs year-to-date$1,107 ($19)$384 
     Net loan (recoveries) charge-offs for the quarter / average loans, for the quarter0.08 %0.00 %— %
     Net loan (recoveries) charge-offs year-to-date / average loans,
          year-to-date annualized0.07 %— %0.03 %


Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
19 of 24



Additional Financial Information
(Dollars in thousands)
(Unaudited)
Nonperforming Assets Rollforward
WritedownsTransfers toTransfers to
Balance at September 30, 2021Additions this quarterPayments this quarter/Charge-offs
 this quarter		OREO/ REPOPerforming Status
this quarter		Sales this quarterBalance at December 31, 2021
Commercial loans$7,950 $1,049 ($681)($1,179)$— $— $— $7,139 
Commercial real estate4,239 — (118)— — — — 4,121 
Construction loans109 — — — — — — 109 
Consumer loans195 90 (4)— — — — 281 
Non-performing loans guaranteed by government(1,017)— 39 — — — — (978)
   Total non-performing loans11,476 1,139 (764)(1,179)— — — 10,672 
Other real estate owned5,912 — — — — — (274)5,638 
Repossessed assets— — — — — — — — 
Nonperforming purchased
receivables— — — — — — — — 
Other real estate owned guaranteed
by government(1,279)— — — — — — (1,279)
   Total non-performing assets,
   net of government guarantees$16,109 $1,139 ($764)($1,179)$— $— ($274)$15,031 


The following table details loan charge-offs, by industry:
Loan Charge-offs by Industry
Three Months Ended
December 31, 2021September 30, 2021June 30, 2021March 31, 2021December 31, 2020
Charge-offs:
Plastic material and resin manufacturing$— $— $— $150 $— 
Aircraft parts and auxiliary equipment manufacturing185 — 110 13 — 
Offices of physicians— — — — 11 
Amusement and recreational activities9 — — — — 
Scenic and sightseeing transportation416 — — — — 
Site preparation contractors224 — — — — 
Specialized freight trucking, long-distance345 — — — — 
   Total charge-offs$1,179 $— $110 $163 $11 





Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
20 of 24



Additional Financial Information
(Dollars in thousands)
(Unaudited)
Average Balances, Yields, and Rates
Three Months Ended
December 31, 2021September 30, 2021December 31, 2020
AverageAverageAverage
AverageTax EquivalentAverageTax EquivalentAverageTax Equivalent
BalanceYield/RateBalanceYield/RateBalanceYield/Rate
Assets
Interest bearing deposits in other banks$521,930 0.15 %$390,004 0.15 %$84,872 0.12 %
Portfolio investments432,330 1.17 %389,631 1.20 %231,867 1.73 %
Loans held for sale81,859 2.82 %99,716 2.92 %135,776 2.79 %
Portfolio loans1,410,597 5.75 %1,469,072 5.19 %1,489,029 5.00 %
   Total interest-earning assets2,446,716 3.67 %2,348,423 3.62 %1,941,544 4.24 %
Nonearning assets173,149 170,317 175,413 
   Total assets$2,619,865 $2,518,740 $2,116,957 
Liabilities and Shareholders' Equity
Interest-bearing deposits$1,457,202 0.16 %$1,380,461 0.19 %$1,140,327 0.40 %
Borrowings24,879 2.90 %24,962 2.89 %24,819 3.35 %
   Total interest-bearing liabilities1,482,081 0.20 %1,405,423 0.24 %1,165,146 0.46 %
Noninterest-bearing demand deposits 852,405 826,941 679,924 
Other liabilities40,459 42,923 51,363 
Shareholders' equity244,920 243,453 220,524 
   Total liabilities and shareholders' equity$2,619,865 $2,518,740 $2,116,957 
   Net spread3.47 %3.38 %3.78 %
   NIM3.52 %3.45 %3.94 %
   NIMTE*
3.54 %3.47 %3.96 %
   Cost of funds0.13 %0.15 %0.29 %
   Average portfolio loans to average
        interest-earning assets57.65 %62.56 %76.69 %
   Average portfolio loans to average total deposits61.08 %66.55 %81.80 %
   Average non-interest deposits to average
         total deposits36.91 %37.46 %37.35 %
   Average interest-earning assets to average
         interest-bearing liabilities165.09 %167.10 %166.64 %

The components of the change in NIMTE* are detailed in the table below:
4Q21 vs. 3Q214Q21 vs. 4Q20
Nonaccrual interest adjustments0.07 %0.14 %
Impact of SBA Paycheck Protection Program loans0.18 %0.38 %
Interest rates and loan fees(0.01)%(0.10)%
Volume and mix of interest-earning assets and liabilities(0.17)%(0.84)%
Change in NIMTE*0.07 %(0.42)%

Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
21 of 24



Additional Financial Information
(Dollars in thousands)
(Unaudited)
Average Balances, Yields, and Rates
Year-to-date
December 31, 2021December 31, 2020
AverageAverage
AverageTax EquivalentAverageTax Equivalent
BalanceYield/RateBalanceYield/Rate
Assets
Interest bearing deposits in other banks$311,536 0.14 %$66,260 0.46 %
Portfolio investments369,172 1.27 %247,384 2.26 %
Loans held for sale101,752 2.80 %105,287 3.05 %
Portfolio loans1,478,318 5.18 %1,339,908 5.08 %
   Total interest-earning assets2,260,778 3.76 %1,758,839 4.40 %
Nonearning assets171,821 177,208 
   Total assets$2,432,599 $1,936,047 
Liabilities and Shareholders' Equity
Interest-bearing deposits$1,340,988 0.23 %$1,040,606 0.51 %
Borrowings24,993 2.79 %35,918 2.13 %
   Total interest-bearing liabilities1,365,981 0.28 %1,076,524 0.56 %
Noninterest-bearing demand deposits 784,092 597,610 
Other liabilities43,312 50,192 
Shareholders' equity239,214 211,721 
   Total liabilities and shareholders' equity$2,432,599 $1,936,047 
   Net spread3.48 %3.84 %
   NIM3.58 %4.02 %
   NIMTE*
3.60 %4.05 %
   Cost of funds0.18 %0.36 %
   Average portfolio loans to average interest-earning assets65.39 %76.18 %
   Average portfolio loans to average total deposits69.57 %81.79 %
   Average non-interest deposits to average total deposits36.90 %36.48 %
   Average interest-earning assets to average interest-bearing liabilities165.51 %163.38 %

The components of the change in NIMTE* are detailed in the table below:
YTD21 vs.YTD20
Nonaccrual interest adjustments0.03 %
Impact of SBA Paycheck Protection Program loans0.27 %
Interest rates and loan fees(0.27)%
Volume and mix of interest-earning assets and liabilities(0.48)%
Change in NIMTE*(0.45)%


Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
22 of 24



Additional Financial Information
(Dollars in thousands, except per share data)
(Unaudited)
Capital Data (At quarter end)
December 31, 2021September 30, 2021December 31, 2020
Book value per share$39.54 $39.25 $35.45 
Tangible book value per share*
$36.88 $36.66 $32.88 
Total shareholders' equity/total assets8.73 %9.29 %10.44 %
Tangible Common Equity/Tangible Assets*
8.19 %8.73 %9.76 %
Tier 1 Capital / Risk Adjusted Assets14.08 %14.17 %14.20 %
Total Capital / Risk Adjusted Assets14.79 %15.00 %15.46 %
Tier 1 Capital / Average Assets9.03 %9.48 %10.25 %
Shares outstanding6,014,8136,177,3006,251,004
Unrealized gain on AFS debt securities, net of income taxes($2,722)($272)$1,260 
Unrealized (loss) on derivatives and hedging activities, net of income taxes($684)($644)($1,242)
Profitability Ratios
December 31, 2021September 30, 2021June 30, 2021March 31, 2021December 31, 2020
For the quarter:
     NIM3.52 %3.45 %3.48 %3.90 %3.94 %
     NIMTE*
3.54 %3.47 %3.50 %3.92 %3.96 %
     Efficiency ratio73.48 %68.07 %67.00 %60.24 %65.31 %
     Return on average assets1.23 %1.40 %1.42 %2.25 %1.90 %
     Return on average equity13.14 %14.47 %14.26 %21.40 %18.22 %
December 31, 2021December 31, 2020
Year-to-date:
     NIM3.58 %4.02 %
     NIMTE*
3.60 %4.05 %
     Efficiency ratio66.99 %66.47 %
     Return on average assets1.54 %1.70 %
     Return on average equity15.68 %15.53 %



Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
23 of 24



*Non-GAAP Financial Measures
(Dollars and shares in thousands, except per share data)
(Unaudited)

Non-GAAP financial measures have inherent limitations, are not required to be uniformly applied, and are not audited. Although we believe these non-GAAP financial measures are frequently used by stakeholders in the evaluation of the Company, they have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of results as reported under GAAP.

Net interest margin on a tax equivalent basis

Net interest margin on a tax equivalent basis ("NIMTE") is a non-GAAP performance measurement in which interest income on non-taxable investments and loans is presented on a tax equivalent basis using a combined federal and state statutory rate of 28.43% in both 2021 and 2020. The most comparable GAAP measure is net interest margin and the following table sets forth the reconciliation of NIMTE to net interest margin.
Three Months Ended
December 31, 2021September 30, 2021June 30, 2021March 31, 2021December 31, 2020
Net interest income$21,710 $20,432 $19,192 $19,493 $19,224 
Divided by average interest-bearing assets2,446,716 2,348,423 2,215,256 2,027,142 1,941,544 
Net interest margin ("NIM")2
3.52 %3.45 %3.48 %3.90 %3.94 %
Net interest income$21,710 $20,432 $19,192 $19,493 $19,224 
Plus: reduction in tax expense related to    
     tax-exempt interest income131 126 121 111 122 
 $21,841 $20,558 $19,313 $19,604 $19,346 
Divided by average interest-bearing assets2,446,716 2,348,423 2,215,256 2,027,142 1,941,544 
NIMTE2
3.54 %3.47 %3.50 %3.92 %3.96 %
Year-to-date
December 31, 2021December 31, 2020
Net interest income$80,827 $70,665 
Divided by average interest-bearing assets2,260,778 1,758,839 
Net interest margin ("NIM")3
3.58 %4.02 %
Net interest income$80,827 $70,665 
Plus: reduction in tax expense related to  
     tax-exempt interest income489 613 
 $81,316 $71,278 
Divided by average interest-bearing assets2,260,778 1,758,839 
NIMTE3
3.60 %4.05 %

2Calculated using actual days in the quarter divided by 365 for the quarter ended in 2021 and 366 for quarters ended in 2020.

3Calculated using actual days in the year divided by 365 for year-to-date period in 2021 and 366 for year-to-date period in 2020.


Northrim BanCorp Earns $8.1 Million, or $1.31 per Diluted Share in 4Q21
January 28, 2022
24 of 24



*Non-GAAP Financial Measures
(Dollars and shares in thousands, except per share data)
(Unaudited)

Tangible Book Value

Tangible book value is a non-GAAP measure defined as shareholders' equity, less intangible assets, divided by common shares outstanding. The most comparable GAAP measure is book value per share and the following table sets forth the reconciliation of tangible book value per share and book value per share.
December 31, 2021September 30, 2021June 30, 2021March 31, 2021December 31, 2020
Total shareholders' equity$237,817 $242,474 $237,218 $231,452 $221,575 
Divided by common shares outstanding6,015 6,177 6,207 6,207 6,251 
Book value per share$39.54 $39.25 $38.22 $37.29 $35.45
December 31, 2021September 30, 2021June 30, 2021March 31, 2021December 31, 2020
Total shareholders' equity$237,817 $242,474 $237,218 $231,452 $221,575 
Less: goodwill and intangible assets16,009 16,019 16,028 16,037 16,046 
$221,808 $226,455 $221,190 $215,415 $205,529 
Divided by common shares outstanding6,015 6,177 6,207 6,207 6,251 
Tangible book value per share$36.88 $36.66 $35.64 $34.71 $32.88


Tangible Common Equity to Tangible Assets

Tangible common equity to tangible assets is a non-GAAP ratio that represents total equity less goodwill and intangible assets divided by total assets less goodwill and intangible assets. The most comparable GAAP measure of shareholders' equity to total assets is calculated by dividing total shareholders' equity by total assets and the following table sets forth the reconciliation of tangible common equity to tangible assets and shareholders' equity to total assets.

Northrim BanCorp, Inc.

December 31, 2021September 30, 2021June 30, 2021March 31, 2021December 31, 2020
Total shareholders' equity$237,817 $242,474 $237,218 $231,452 $221,575 
Total assets2,724,719 2,609,946 2,453,567 2,351,243 2,121,798 
Total shareholders' equity to total assets8.73 %9.29 %9.67 %9.84 %10.44 %
Northrim BanCorp, Inc.

December 31, 2021September 30, 2021June 30, 2021March 31, 2021December 31, 2020
Total shareholders' equity$237,817 $242,474 $237,218 $231,452 $221,575 
Less: goodwill and other intangible assets, net16,009 16,019 16,028 16,037 16,046 
Tangible common shareholders' equity$221,808 $226,455 $221,190 $215,415 $205,529 
Total assets$2,724,719 $2,609,946 $2,453,567 $2,351,243 $2,121,798 
Less: goodwill and other intangible assets, net16,009 16,019 16,028 16,037 16,046 
Tangible assets$2,708,710 $2,593,927 $2,437,539 $2,335,206 $2,105,752 
Tangible common equity ratio8.19 %8.73 %9.07 %9.22 %9.76 %


-0-
Note Transmitted on GlobeNewswire on January 28, 2022, at 12:15 pm Alaska Standard Time.

 EX-101.SCH 3 nrim-20220128.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0001001 - Document - Document and Entity Information Document link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 4 nrim-20220128_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Pre-commencement Tender Offer Pre-commencement Tender Offer Amendment Flag Amendment Flag Entity Address, State or Province Entity Address, State or Province Entity Tax Identification Number Entity Tax Identification Number Title of 12(b) Security Title of 12(b) Security Entity File Number Entity File Number Written Communications Written Communications Pre-commencement Issuer Tender Offer Pre-commencement Issuer Tender Offer Entity Emerging Growth Company Entity Emerging Growth Company Trading Symbol Trading Symbol Document Period End Date Document Period End Date Soliciting Material Soliciting Material Document Type Document Type City Area Code City Area Code Entity Incorporation, State or Country Code Entity Incorporation, State or Country Code Entity Address, Address Line One Entity Address, Address Line One Entity Registrant Name Entity Registrant Name Local Phone Number Local Phone Number Entity Address, City or Town Entity Address, City or Town Cover [Abstract] Cover [Abstract] Entity Address, Postal Zip Code Entity Address, Postal Zip Code Entity Central Index Key Entity Central Index Key Security Exchange Name Security Exchange Name EX-101.PRE 5 nrim-20220128_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 6 nrimpra08.jpg begin 644 nrimpra08.jpg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end XML 7 R1.htm IDEA: XBRL DOCUMENT v3.21.4
Document and Entity Information Document
Jan. 28, 2022
Cover [Abstract]  
Document Type 8-K
Document Period End Date Jan. 28, 2022
Entity Registrant Name Northrim BanCorp, Inc.
Entity Central Index Key 0001163370
Amendment Flag false
Entity Incorporation, State or Country Code AK
Entity File Number 0-33501
Entity Tax Identification Number 92-0175752
Entity Address, Address Line One 3111 C Street,
Entity Address, City or Town Anchorage,
Entity Address, State or Province AK
Entity Address, Postal Zip Code 99503
City Area Code 907-
Local Phone Number 562-0062
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
XML 8 nrim-20220128_htm.xml IDEA: XBRL DOCUMENT 0001163370 2022-01-28 2022-01-28 0001163370 false 8-K 2022-01-28 Northrim BanCorp, Inc. AK 0-33501 92-0175752 3111 C Street, Anchorage, AK 99503 907- 562-0062 false false false false false EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.4 html 1 118 1 false 0 0 false 0 false false R1.htm 0001001 - Document - Document and Entity Information Document Sheet http://www.northrim.com/role/DocumentandEntityInformationDocument Document and Entity Information Document Cover 1 false false All Reports Book All Reports nrim-20220128.htm exhibit991q42021.htm nrim-20220128.xsd nrim-20220128_lab.xml nrim-20220128_pre.xml http://xbrl.sec.gov/dei/2021 true false JSON 14 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "nrim-20220128.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "inline": { "local": [ "nrim-20220128.htm" ] }, "labelLink": { "local": [ "nrim-20220128_lab.xml" ] }, "presentationLink": { "local": [ "nrim-20220128_pre.xml" ] }, "schema": { "local": [ "nrim-20220128.xsd" ], "remote": [ "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "https://xbrl.sec.gov/dei/2021/dei-2021.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd" ] } }, "elementCount": 23, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2021": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 118, "memberCustom": 0, "memberStandard": 0, "nsprefix": "nrim", "nsuri": "http://www.northrim.com/20220128", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "nrim-20220128.htm", "contextRef": "if80f641db5ea49829580135963dca3e3_D20220128-20220128", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "0001001 - Document - Document and Entity Information Document", "role": "http://www.northrim.com/role/DocumentandEntityInformationDocument", "shortName": "Document and Entity Information Document", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "nrim-20220128.htm", "contextRef": "if80f641db5ea49829580135963dca3e3_D20220128-20220128", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]", "terseLabel": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2021", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code", "terseLabel": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer", "terseLabel": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer", "terseLabel": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security", "terseLabel": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material", "terseLabel": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications", "terseLabel": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.northrim.com/role/DocumentandEntityInformationDocument" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } ZIP 15 0001163370-22-000004-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001163370-22-000004-xbrl.zip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

S M<=7E]QJ'T6'&S39N0\0C=]VD#9(Y7^F^J;=XN1V9:N[=1[1 M>8&8J&@;C1';J]]L=O_@-02P$"% ,4 " V@CQ4X4Q1\_6J "HL@P % M @ $ 97AH:6)I=#DY,7$T,C R,2YH=&U02P$"% ,4 " V M@CQ4_.!\:%43 #UFP $0 @ $GJP ;G)I;2TR,#(R,#$R M."YH=&U02P$"% ,4 " V@CQ4<1Q_.H " #/!P $0 M@ &KO@ ;G)I;2TR,#(R,#$R."YX&UL M4$L! A0#% @ -H(\5*I1D ZY!@ .3$ !4 ( !#\P L &YR:6TM,C R,C Q,CA?<')E+GAM;%!+!08 !0 % $8! #[T@ ! end