Company Quick10K Filing
Northrim Bancorp
10-Q 2020-03-31 Filed 2020-05-05
10-K 2019-12-31 Filed 2020-03-06
10-Q 2019-09-30 Filed 2019-11-05
10-Q 2019-06-30 Filed 2019-08-06
10-Q 2019-03-31 Filed 2019-05-07
10-K 2018-12-31 Filed 2019-03-13
10-Q 2018-09-30 Filed 2018-11-07
10-Q 2018-06-30 Filed 2018-08-08
10-Q 2018-03-31 Filed 2018-05-07
10-K 2017-12-31 Filed 2018-03-13
10-Q 2017-09-30 Filed 2017-11-07
10-Q 2017-06-30 Filed 2017-08-08
10-Q 2017-03-31 Filed 2017-05-09
10-K 2016-12-31 Filed 2017-03-13
10-Q 2016-09-30 Filed 2016-11-09
10-Q 2016-06-30 Filed 2016-08-08
10-Q 2016-03-31 Filed 2016-05-09
10-K 2015-12-31 Filed 2016-03-11
10-Q 2015-09-30 Filed 2015-11-06
10-Q 2015-06-30 Filed 2015-08-10
10-Q 2015-03-31 Filed 2015-05-08
10-K 2014-12-31 Filed 2015-03-13
10-Q 2014-09-30 Filed 2014-11-06
10-Q 2014-06-30 Filed 2014-08-11
10-Q 2014-03-31 Filed 2014-05-12
10-K 2013-12-31 Filed 2014-02-28
10-Q 2013-09-30 Filed 2013-11-07
10-Q 2013-06-30 Filed 2013-08-07
10-Q 2013-03-31 Filed 2013-05-06
10-K 2012-12-31 Filed 2013-03-15
10-Q 2012-09-30 Filed 2012-11-08
10-Q 2012-06-30 Filed 2012-08-06
10-Q 2012-03-31 Filed 2012-05-07
10-K 2011-12-31 Filed 2012-03-13
10-Q 2011-09-30 Filed 2011-11-07
10-Q 2011-06-30 Filed 2011-08-05
10-Q 2011-03-31 Filed 2011-05-10
10-K 2010-12-31 Filed 2011-03-15
10-Q 2010-09-30 Filed 2010-11-08
10-Q 2010-06-30 Filed 2010-08-06
10-Q 2010-03-31 Filed 2010-05-07
10-K 2009-12-31 Filed 2010-03-15
8-K 2020-04-27 Earnings, Other Events, Exhibits
8-K 2020-04-23 Officers, Exhibits
8-K 2020-04-16 Amend Bylaw, Exhibits
8-K 2020-01-27 Other Events, Exhibits
8-K 2020-01-27 Earnings, Exhibits
8-K 2020-01-01 Officers, Exhibits
8-K 2019-10-28 Earnings, Exhibits
8-K 2019-07-29 Earnings, Exhibits
8-K 2019-05-23 Shareholder Vote
8-K 2019-04-29 Earnings, Exhibits
8-K 2019-04-26 Other Events, Exhibits
8-K 2019-01-28 Earnings, Exhibits
8-K 2019-01-02 Officers, Exhibits
8-K 2018-12-04 Officers, Exhibits
8-K 2018-10-29 Earnings, Exhibits
8-K 2018-07-30 Earnings, Exhibits
8-K 2018-05-24 Shareholder Vote
8-K 2018-04-30 Earnings, Exhibits
8-K 2018-01-29 Earnings, Exhibits
8-K 2018-01-02 Officers, Exhibits

Northrim Bancorp Financials

NRIM Metrics, Comps, Filings

Quarterly | Annual

Business

In this document, please note that references to "we", "our", "us", or the "Company" mean Northrim BanCorp, Inc. and its subsidiaries, unless the context suggests otherwise.

We are a publicly traded bank holding company headquartered in Anchorage, Alaska. The Company's common stock trades on the Nasdaq Global Select Stock Market ("NASDAQ") under the symbol, "NRIM." The Company is regulated by the Board of Governors of the Federal Reserve System. We began banking operations in Anchorage in December 1990, and formed the Company as an Alaska corporation in connection with our reorganization into a holding company structure; that reorganization was completed effective December 31, 2001. The Company has grown to be the third largest commercial bank in Alaska and in Anchorage in terms of deposits, with $1.2 billion in total deposits and $1.5 billion in total assets at December 31, 2018. Through our fifteen banking branches and twelve mortgage origination offices, we are accessible to approximately 90% of the Alaska population.

The Company has three direct wholly-owned subsidiaries:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Waterstone Financial (WSBF) 460 16.2 1% 2,005 1,618 0 0 27 56 910
Farmers & Merchants Bancorp (FMAO) 314 5.9 1% 1,575 1,347 0 0 17 34 200
Territorial Bancorp (TBNK) 282 0% 5.3 1% 2,086 1,840 2 0 23 48 253
Northrim Bancorp (NRIM) 277 0% 5.5 1% 1,617 1,413 3 0 21 33 185
Provident Bancorp (PVBC) 258 13.7 1% 1,031 899 0 0 10 23 311
PDL Community Bancorp (PDLB) 257 13.5 0% 1,100 939 0 0 3 15 209
Western New England Bancorp (WNEB) 254 0% 11.2 1% 2,174 1,942 0 0 14 41 460
Codorus Valley Bancorp (CVLY) 231 4.5 1% 1,869 1,680 0 0 18 45 200
BCB Bancorp (BCBP) 215 -2.4 1% 2,825 2,602 0 0 20 67 -162
First Capital (FCAP) 198 0% 13.3 1% 823 726 4 0 10 15 198
First Guaranty Bancshares (FGBI) 189 5.2 1% 1,805 1,643 0 0 10 37 189
BankFinancial (BFIN) 186 0% 1.3 1% 1,492 1,318 3 0 16 35 45
Riverview Bancorp (RVSB) 174 5.7 1% 1,173 1,030 0 0 17 27 153
Malvern Bancorp (MLVF) 171 0% 0.6 1% 1,265 1,123 2 0 9 31 17
1st Constitution Bancorp (FCCY) 165 0% 4.4 1% 1,343 1,204 0 0 14 33 144
Provident Financial (PROV) 157 7.8 0% 1,105 983 0 0 5 13 102
First Savings Financial Group (FSFG) 147 0% 3.1 1% 1,223 1,101 4 0 18 34 106
Oconee Federal Financial (OFED) 143 11.0 1% 522 433 0 0 4 10 108
Citizens Community Bancorp (CZWI) 129 8.1 1% 1,475 1,327 0 0 7 29 235
Salisbury Bancorp (SAL) 110 2.8 1% 1,144 1,033 0 0 8 20 57

Balance Sheet ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash144129808097149141899472869584126694310414559797546518126877884367078797192
Accounts Receivable152630222423192714161017141515141413121416201420132219201314211314
Inventory
PP&E29282828282845282828472832355636383962403939644040405737383960393939
Assets1,0491,0661,0851,0761,0721,1341551,1511,1651,1791,2151,2041,3561,4211,4491,4481,5001,5391,4991,5001,5181,5401,5271,5131,4931,5231,5191,5251,4701,5031,5031,5201,5531,617
Accounts Payable
Long-Term Debt24734323542
Liabilities9279429609489421,000641,0131,0251,0371,0711,0581,1991,2611,2851,2811,3291,3641,3221,3201,3341,3541,3401,3231,3011,3291,3261,3301,2711,2991,2971,3111,3461,413
Stockholders' Equity122123125128130134136138140143144146157159164167171175177180184185187189192194193
Income Statement ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue12212
Cost of Revenue
Gross Profit
R&D
SG&A000000100001101111111011101100010
Tax1111322122112222332221124441111112
Net Income3333343343334474564453444604655448
Cash Flow ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating5-2319-7-103123-76912-21-518188-17-93821-25-1245-18119-27-5
Cash Investing-34-43-6325-59-35-7293-28-53-921-8-6678-42-2127-840-28-331-8-6-0-28
Cash Financing1416-12-85621-2010-13-2061-1744630-385423-13-18-2222-54-6031-21954