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
Total Revenue $56.4m $57.7m $32.2m $64.4m $70.7m $80.8m $95.1m $103.3m $196.0m $255.6m
Gross Profit $151.9m $208.9m
Noninterest income:
Additional Financial Items
Bank Owned Life Insurance Income $2.0m $0 $0
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
Debt and Equity Securities, Gain (Loss) $0 $911k $61k ($101k) ($1.1m) $120k $465k $169k
Debt Securities, Realized Gain (Loss) $23k $1k
Depreciation, Depletion and Amortization, Nonproduction $2.4m $2.9m $2.3m
Equity Securities, FV-NI, Realized Gain (Loss) $98k $67k $0 $0 $112k $0
Fair Value, Option, Changes in Fair Value, Gain (Loss) ($1.9m) $148k ($3k)
Goodwill, Impairment Loss $0
Income (Loss) from Equity Method Investments ($804k) $0 $0
Other Income $3.0m $3.0m $26.3m $2.8m $2.5m $2.5m $2.5m $2.5m $3.1m $3.8m
Other Operating Income $3.0m $3.0m $3.0m $2.8m $63.3m $52.3m $34.1m $26.4m $42.0m $77.2m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $48.0m $38.5m $31.6m $47.0m $84.5m
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) Attributable to Noncontrolling Interest $579k $327k $0 $0
Earnings Per Share, Basic $2.09 $1.91 $2.91 $3.08 $5.18 $6.07 $5.33 $4.53 $6.72 $2.92
Earnings Per Share, Diluted $2.06 $1.88 $2.86 $3.04 $5.11 $6.00 $5.27 $4.49 $6.62 $2.87
Weighted Average Number of Shares Outstanding, Basic 6.9m 6.9m 6.9m 6.7m 6.4m 6.2m 5.8m 5.6m 5.5m 22.1m
Weighted Average Number of Shares Outstanding, Diluted 7.0m 7.0m 7.0m 6.8m 6.4m 6.2m 5.8m 5.7m 5.6m 22.5m
Noninterest expense:
Labor and Related Expense $46.8m $44.7m $44.6m $51.3m $61.1m $60.4m $58.2m $61.7m $67.8m $78.3m
Business Combination, Acquisition Related Costs $0
Current Income Tax Expense (Benefit) $6.4m $6.3m $1.1m $4.7m $9.0m $11.8m $5.6m $5.6m $10.2m $21.4m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal $972k $3.4m $3.3m $3.5m
Interest Expense $2.6m $2.4m $3.0m $5.6m $6.1m $3.8m $5.2m $28.7m $40.7m $42.8m
Interest Expense, Securities Sold under Agreements to Repurchase $30k $34k $50k $40k $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
Total interest expense $2.6m $2.4m $3.0m $5.6m $6.1m $3.8m $5.2m $28.7m $40.7m $42.8m
Interest Income (Expense), Net $56.4m $57.7m $61.2m $64.4m $70.7m $80.8m $95.1m $103.3m $113.2m $135.6m