SequelSEC

NORTHRIM BANCORP INC NRIM

Savings Institution, Federally Chartered · CIK 0001163370 · Fiscal year ends 1231 · Bank

AnnualQuarterlyTTM
Revenue
$255.58M
Fiscal year ended 2025-12-31
Net income
$64.61M
Fiscal year ended 2025-12-31
Total assets
$3.29B
Fiscal year ended 2025-12-31

NORTHRIM BANCORP INC (NRIM) reported revenue of $255.58M and net income of $64.61M for the fiscal year ended 2025-12-31. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from NORTHRIM BANCORP INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Savings Institution, Federally Chartered.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

NORTHRIM BANCORP INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312018-12-312017-12-312016-12-31
Revenue$255.58M$195.96M$158.33M$134.40M$5.91M$5.83M$6.28M
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profit$208.90M$151.93M$125.79M$127.35MUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$64.61M$36.97M$25.39M$30.74M$20.00M$13.15M$14.41M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 22.49Mshares 22.34Mshares 22.65Mshares 5.83Mshares 6.98Mshares 6.98Mshares 6.97M
Pretax income$84.52M$46.99M$31.61M$38.49M$24.08M$23.80M$21.04M
Income tax expense$19.91M$10.02M$6.21M$7.75M$4.07M$10.32M$6.05M
Diluted EPS$2.87$1.66$1.12$5.27$2.86$1.88$2.06
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

NORTHRIM BANCORP INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312018-12-312017-12-312016-12-31
Cash & equivalentsUnavailableUnavailableUnavailableUnavailable$77.54M$77.84M$50.55M
Total assets$3.29B$3.04B$2.81B$2.67B$1.50B$1.52B$1.53B
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$2.96B$2.77B$2.57B$2.46B$1.30B$1.33B$1.34B
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$326.54M$267.12M$234.72M$218.63M$205.95M$192.80M$186.71M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$101.64M$74.08M$36.84M$19.99M$14.41M$22.23M$20.49M
Goodwill$49.87M$50.02M$15.02M$15.02M$15.02M$15.02M$15.02M
Long-term debt$81.73M$23.04M$13.68M$14.10M$41.52M$35.11M$31.94M
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

NORTHRIM BANCORP INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312018-12-312017-12-312016-12-31
Operating cash flow$139.34M-$8.73M$38.78M$78.07M$25.15M$19.28M$20.12M
Capital expenditures$5.47M$620.00K$6.17M$3.80M$3.51M$1.56M$3.29M
Investing cash flow-$223.43M-$197.62M-$254.92M-$405.57M$5.65M$30.38M-$47.50M
Financing cash flow$167.26M$150.56M$75.33M-$58.98M-$31.10M-$22.37M$19.25M
Net change in cash$83.17M-$55.79M-$140.82M-$386.48M-$303.00K$27.29M-$8.12M
Stock-based compensation$1.73M$913.00K$937.00K$742.00K$816.00K$665.00K$778.00K
Common dividends paid$14.55M$13.75M$13.61M$10.57M$7.06M$5.96M$5.37M
Common share repurchases$0$789.00K$9.04M$14.16M$494.00K$1.61M$0
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailable$2.35M$2.97M$2.44M

Derived

NORTHRIM BANCORP INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312018-12-312017-12-312016-12-31
Free cash flow$133.87M-$9.35M$32.61M$74.28M$21.64M$17.73M$16.83M
Gross margin81.7%77.5%79.4%94.7%UnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF margin52.4%-4.8%20.6%55.3%UnavailableUnavailable268.0%
SBC / revenue0.7%0.5%0.6%0.6%UnavailableUnavailable12.4%
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growth30.4%23.8%17.8%Unavailable1.5%-7.2%Unavailable
Net margin25.3%18.9%16.0%22.9%UnavailableUnavailable229.5%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue2.1%0.3%3.9%2.8%UnavailableUnavailable52.4%
Long-term debt / equity0.25xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate23.6%21.3%19.7%20.1%16.9%43.4%28.8%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open NRIM in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-07-31View SEC filing
10-Q · Filed 2026-05-01View SEC filing
10-K · Filed 2026-03-06View SEC filing
10-Q · Filed 2025-10-27View SEC filing
10-Q · Filed 2025-07-28View SEC filing
10-Q · Filed 2025-04-28View SEC filing

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.