← NORTHRIM BANCORP INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $14.4m $13.2m $20.0m $20.7m $32.9m $37.5m $30.7m $25.4m $37.0m $64.6m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $15.0m $13.5m $20.0m $20.7m — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest $579k $327k $0 $0 — — — — — —
Depreciation, Depletion and Amortization $2.4m $2.9m $2.3m $3.0m $3.1m $3.3m $3.1m $3.3m $3.6m $3.5m
Amortization of Debt Issuance Costs — — — — — — — $0 $0 $14k
Amortization of Intangible Assets $135k $100k $70k $60k $48k $37k $25k $17k $0 $0
Capitalized Computer Software, Amortization $157k $675k $911k $1.0m $1.1m $1.2m $1.2m $1.2m — —
Depreciation — — — $3.0m $3.1m $3.3m $3.1m $3.3m $3.6m $3.5m
Deferred Income Tax Expense (Benefit) ($364k) $4.0m $3.0m $711k $555k ($1.3m) $2.1m $580k ($152k) ($1.5m)
Deferred Other Tax Expense (Benefit) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Share-based Payment Arrangement, Noncash Expense $778k $665k $816k $832k $943k $1.1m $742k $937k $913k $1.7m
Equity Method Investment, Other than Temporary Impairment — $686k $804k $0 $0 — — — — —
Goodwill, Impairment Loss $0 — — — — — — — — —
Gain (Loss) on Disposition of Property Plant Equipment ($352k) ($3k) ($2k) $0 ($22k) $0 $0 — — —
Equity Method Investment, Realized Gain (Loss) on Disposal — — — — — — — — — $14.5m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal ($114k) ($651k) ($432k) $305k ($3.5m) $1.1m $972k $3.4m $3.3m $3.5m
Gain (Loss) on Disposition of Business — $4.4m $0 $0 — — — — — $14.5m
Income (Loss) from Equity Method Investments — — ($804k) $0 $0 — — — — —
Income Tax Expense (Benefit) $6.1m $10.3m $4.1m $5.4m $9.6m $10.5m $7.8m $6.2m $10.0m $19.9m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Other Operating Assets ($7.5m) ($841k) $2.5m ($6.4m) $15.1m ($12.7m) ($5.5m) ($4.3m) $13.5m ($23.5m)
Provision for Loan, Lease, and Other Losses $2.3m $3.2m ($500k) — — ($4.1m) $1.8m $3.8m $3.3m $3.9m
Bank Owned Life Insurance Income — — — — — — $2.0m $0 $0 —
Increase (Decrease) in Other Operating Liabilities ($14.9m) $586k ($5.2m) $2.4m $12.4m ($9.7m) ($3.7m) $7.2m ($5.5m) ($64k)
Gain (Loss) on Sales of Loans, Net $25.4m $18.0m $14.8m $19.8m $46.3m $36.4m $13.9m $7.8m $14.0m $16.8m
Debt and Equity Securities, Gain (Loss) $0 $0 $0 ($911k) ($61k) $101k $1.1m ($120k) ($465k) ($169k)
Debt Securities, Realized Gain (Loss) — — — $23k — — — — — $1k
Equity Securities, FV-NI, Gain (Loss) $0 $0 ($625k) $911k ($61k) ($34k) ($1.1m) $120k $577k $169k
Equity Securities, FV-NI, Realized Gain (Loss) $0 $0 — — $98k $67k $0 $0 $112k $0
Equity Securities, FV-NI, Unrealized Gain (Loss) $0 $0 $625k ($911k) $61k ($101k) ($1.1m) $120k $465k $169k
Fair Value, Option, Changes in Fair Value, Gain (Loss) — ($1.9m) $148k ($3k) — — — — — —
Goodwill $15.0m $15.0m $15.0m $15.0m $15.0m $15.0m $15.0m $15.0m $50.0m $49.9m
Financing Receivable, Credit Loss, Expense (Reversal) — — — ($1.2m) $2.4m ($3.8m) — — — —
Net Cash Provided by (Used in) Operating Activities $20.1m $19.3m $25.1m ($821k) ($36.5m) $112.0m $78.1m $38.9m ($8.7m) $139.3m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $3.3m $1.6m $3.5m $2.3m $2.8m $2.3m $3.8m $6.2m $620k $5.5m
Payments to Acquire Businesses, Net of Cash Acquired $0 — — — — — — — $40.7m ($144k)
Gain (Loss) on Sale of Investments ($11k) $11k $0 $23k $98k $67k $0 $0 $112k $1k
Net Cash Provided by (Used in) Investing Activities ($47.5m) $30.4m $5.6m ($71.9m) ($382.8m) ($159.1m) ($405.6m) ($255.1m) ($197.6m) ($223.4m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $105.6m $102.7m $122.6m $130.5m $189.3m $135.4m $13.4m $82.4m $221.2m $165.4m
Proceeds from Issuance of Long-term Debt $2.3m $3.1m $0 — — $0 $0 $0 $0 —
Repayments of Long-term Debt $47k $73k $121k — — $309k $413k — — —
Proceeds from Issuance of Common Stock $0 $100k $243k $73k $84k $1.5m $586k $555k $801k $609k
Payments for Repurchase of Common Stock $0 $1.6m $494k $12.6m $10.0m $11.5m $14.2m $9.0m $789k $0
Dividends paid $5.4m $6.0m $7.1m $8.5m $8.8m $9.4m $10.6m $13.6m $13.8m $14.5m
Payments of Dividends $5.4m $6.0m $7.1m $8.5m $8.8m $9.4m $10.6m $13.6m $13.8m $14.5m
Dividends Payable $48k $53k $72k $89k $98k $92k $85k $110k $101k $203k
Net Cash Provided by (Used in) Financing Activities $19.3m ($22.4m) ($31.1m) $90.6m $439.8m $577.0m ($59.0m) $75.3m $150.6m $167.3m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $17.9m $20.5m $529.9m ($386.5m) ($140.8m) ($55.8m) $83.2m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $95.4m $116.0m $645.8m $259.4m $118.5m $62.7m $145.9m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $2.6m $2.5m $3.0m $5.6m $6.0m $3.8m $5.2m $28.5m $40.5m $42.6m
Income Taxes Paid, Net $4.4m $7.8m $1.8m $1.7m $7.8m $6.4m $2.0m $2.0m $6.7m $17.6m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.