Northrim BanCorp, Inc. (NRIM)

Northrim BanCorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	65.52	62.61	118.4	259.02	642.63	115.97
Investment Securities	503.45	549.51	717.09	743.73	477.96	293.29
Trading Asset Securities	13.16	13.48	10.81	13.17	7.42	11.42
Mortgage-Backed Securities	5.06	-	-	-	-	-
Total Investments	521.67	562.99	727.9	756.9	485.38	304.71
Gross Loans	2,134	2,138	1,798	1,510	1,425	1,456
Allowance for Loan Losses	-20.92	-22.02	-17.27	-13.84	-11.74	-21.14
Other Adjustments to Gross Loans	-9.7	-9.2	-8.6	-8.6	-11.5	-11.74
Net Loans	2,103	2,107	1,772	1,488	1,402	1,423
Property, Plant & Equipment	44.7	45.21	49.79	47.69	48.17	50.54
Goodwill	49.87	50.02	15.02	15.02	15.02	15.02
Other Intangible Assets	0.95	1.69	1.69	2.71	3.85	4.93
Loans Held for Sale	159.6	59.96	31.97	27.54	73.65	146.18
Accrued Interest Receivable	9.9	11.5	11.96	9.94	6.85	7.98
Other Receivables	95.49	90.66	38.57	21.74	8.98	18.01
Restricted Cash	-	0.13	0.13	0.33	3.2	-
Other Current Assets	-	2.64	2.63	2.36	2.21	2.4
Long-Term Deferred Tax Assets	-	2.18	5.76	11.37	3.28	1.98
Other Real Estate Owned & Foreclosed	0.3	-	-	-	5.64	7.52
Other Long-Term Assets	84.2	39.71	28.47	27.95	20.63	21.1
Total Assets	3,141	3,042	2,807	2,674	2,725	2,122
Interest Bearing Deposits	1,836	1,757	1,593	1,512	1,457	1,098
Institutional Deposits	199.11	217.07	142.15	77.53	77.11	83.58
Non-Interest Bearing Deposits	742.56	706.23	749.68	797.43	887.82	643.83
Total Deposits	2,778	2,680	2,485	2,387	2,422	1,825
Short-Term Borrowings	10.41	22.81	10.48	12.73	6.03	8.27
Current Portion of Long-Term Debt	-	0.44	-	-	-	-
Current Portion of Leases	2	2.52	-	-	-	-
Federal Home Loan Bank Debt, Long-Term	13.14	12.8	13.68	14.1	14.51	14.82
Long-Term Leases	5.68	4.97	9.09	9.87	10.97	12.38
Trust Preferred Securities	10.31	10.31	10.31	10.31	10.31	10.31
Pension & Post-Retirement Benefits	-	-	-	8.4	8.5	6.3
Other Long-Term Liabilities	41.69	40.71	44.16	13.08	14.96	23.17
Total Liabilities	2,861	2,775	2,573	2,456	2,487	1,900
Common Stock	5.52	5.52	5.51	5.7	6.02	6.25
Additional Paid-In Capital	9.52	9.31	9.61	17.78	31.16	41.81
Retained Earnings	269.06	259.31	236.04	224.23	204.05	173.5
Comprehensive Income & Other	-4.35	-7.02	-16.44	-29.08	-3.41	0.02
Total Common Equity	279.76	267.12	234.72	218.63	237.82	221.58
Shareholders' Equity	279.76	267.12	234.72	218.63	237.82	221.58
Total Liabilities & Equity	3,141	3,042	2,807	2,674	2,725	2,122
Total Debt	41.54	53.85	43.56	47	41.81	45.77
Net Cash (Debt)	37.15	22.23	85.65	225.19	608.23	81.61
Net Cash Growth	-23.18%	-74.05%	-61.96%	-62.98%	645.25%	30.10%
Net Cash Per Share	6.64	3.98	15.13	38.63	97.33	12.69
Filing Date Shares Outstanding	5.52	5.52	5.5	5.7	5.94	6.19
Total Common Shares Outstanding	5.52	5.52	5.51	5.7	6.01	6.25
Book Value Per Share	50.67	48.41	42.57	38.35	39.54	35.45
Tangible Book Value	228.93	215.4	218.01	200.9	218.95	201.62
Tangible Book Value Per Share	41.47	39.04	39.54	35.24	36.40	32.25

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q