Parent Company Information (Tables)

12 Months Ended

Dec. 31, 2025

Condensed Financial Information Disclosure [Abstract]

Balance Sheets

Balance Sheets at December 31,	2025	2024
(In Thousands)
Assets
Cash and cash equivalents	$14,952	$4,387
Marketable equity securities	8,392	8,719
Investment in Northrim Bank	362,036	260,957
Investment in NISC	5,028	1,112
Investment in NST2	310	310
Taxes receivable, net	3,051	—
Other assets	2,703	2,233
Total Assets	$396,472	$277,718
Liabilities
Subordinated debentures	$68,924	$10,310
Other liabilities	1,004	292
Total Liabilities	69,928	10,602
Shareholders' Equity
Common stock	5,528	5,518
Additional paid-in capital	10,822	9,311
Retained earnings	309,575	259,311
Accumulated other comprehensive (loss) income	619	(7,024)
Total Shareholders' Equity	326,544	267,116
Total Liabilities and Shareholders' Equity	$396,472	$277,718

Statements of Income

Statements of Income for Years Ended:	2025	2024	2023
(In Thousands)
Income
Interest income	$612	$1,203	$1,258
Equity in undistributed earnings from Northrim Bank	57,497	37,334	26,871
Equity in undistributed earnings from NISC	10,611	83	(22)
Gain on sale of marketable equity securities, net	—	112	—
Unrealized gain (loss) on marketable equity securities	169	465	120
Total Income	$68,889	$39,197	$28,227
Expense
Interest expense	805	403	400
Administrative and other expenses	5,110	3,381	3,357
Total Expense	5,915	3,784	3,757
Income Before Benefit from Income Taxes	62,974	35,413	24,470
Benefit from income taxes	(1,634)	(1,558)	(924)
Net Income	$64,608	$36,971	$25,394

Statements of Cash Flows

Statements of Cash Flows for Years Ended:	2025	2024	2023
(In Thousands)
Operating Activities:
Net income	$64,608	$36,971	$25,394
Adjustments to Reconcile Net Income to Net Cash:
Gain on sale of securities, net	—	112	—
Amortization of debt issuance costs	14	—	—
Equity in undistributed earnings from subsidiaries	(46,956)	(37,252)	(26,892)
Gain on sale by PWA	(14,486)	—	—
Change in fair value marketable equity securities	(169)	(465)	(120)
Stock-based compensation	1,734	913	937
Changes in other assets and liabilities	(3,395)	(60)	(1,380)
Net Cash Provided (Used) by Operating Activities	1,350	219	(2,061)
Investing Activities:
Purchases of marketable equity securities	—	(1,964)	(2,297)
Proceeds from sales/calls/maturities of marketable equity securities	481	6,973	—
Investment in Northrim Bank, NISC & NST2	(35,928)	(6,157)	14,628
Net Cash (Used) Provided by Investing Activities	(35,447)	(1,148)	12,331
Financing Activities:
Dividends paid to shareholders	(14,547)	(13,751)	(13,609)
Proceeds from issuance of common stock	609	801	555
Proceeds from issuance of subordinated debentures	60,000	—	—
Payment of debt issuance costs	(1,400)	—	—
Repurchase of common stock	—	(789)	(9,044)
Net Cash Used by Financing Activities	44,662	(13,739)	(22,098)
Net change in Cash and Cash Equivalents	10,565	(14,668)	(11,828)
Cash and Cash Equivalents at beginning of year	4,387	19,055	30,883
Cash and Cash Equivalents at end of year	$14,952	$4,387	$19,055