← 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $99.6m |
$98.2m
-1.47%
|
$93.4m
-4.87%
|
$101.8m
+9.01%
|
$134.0m
+31.64%
|
$133.1m
-0.67%
|
$129.2m
-2.93%
|
$129.6m
+0.34%
|
$155.2m
+19.74%
|
$212.8m
+37.10%
|
$221.7m
+4.16%
|
|
| Noninterest income: | ||||||||||||
| Cost of Revenue | — | — | — | — | — | — | $7.1m |
$32.5m
+360.93%
|
$3.3m
-89.88%
|
$3.9m
+18.74%
|
— | |
| Interest Income (Expense), Net | $56.4m |
$57.7m
+2.34%
|
$61.2m
+6.12%
|
$64.4m
+5.28%
|
$70.7m
+9.66%
|
$80.8m
+14.38%
|
$95.1m
+17.68%
|
$103.3m
+8.56%
|
$113.2m
+9.61%
|
$135.6m
+19.81%
|
$183.4m
+35.28%
|
|
| Gross Profit | — | — | — | — | — | — | $122.1m |
$97.1m
-20.50%
|
$151.9m
+56.48%
|
$208.9m
+37.50%
|
— | |
| Labor and Related Expense | $46.8m | $44.7m | $44.6m | $51.3m | $61.1m | $60.4m | $58.2m | $61.7m | $67.8m | $78.3m | — | |
| Amortization of Intangible Assets | $135k | $100k | $70k | $60k | $48k | $37k | $25k | $17k | $0 | $0 | — | |
| Noninterest expense: | ||||||||||||
| Other Operating Income | $3.0m | $3.0m | $3.0m | $2.8m | $63.3m | $52.3m | $34.1m | $26.4m | $42.0m | $77.2m | — | |
| Interest expense: | ||||||||||||
| Interest Expense, Securities Sold under Agreements to Repurchase | $30k | $34k | $50k | $40k | $0 | $0 | — | — | — | — | $41.6m | |
| Total interest expense | $2.6m | $2.4m | $3.0m | $5.6m | $6.1m | $3.8m | $5.2m | $28.7m | $40.7m | $42.8m | — | |
| Debt and Equity Securities, Gain (Loss) | — | — | $0 | $911k | $61k | ($101k) | ($1.1m) | $120k | $465k | $169k | — | |
| Debt Securities, Realized Gain (Loss) | — | — | — | $23k | — | — | — | — | — | $1k | — | |
| 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) | — | — | — | — | — | — | — | |
| 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 | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $48.0m | $38.5m | $31.6m | $47.0m | $84.5m | $89.4m | |
| 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 | $20.8m | |
| Income Tax Expense (Benefit) | $6.1m | $10.3m | $4.1m | $5.4m | $9.6m | $10.5m | $7.8m | $6.2m | $10.0m | $19.9m | $20.8m | |
| Net Income (Loss) Attributable to Parent | $14.4m |
$13.2m
-8.74%
|
$20.0m
+52.11%
|
$20.7m
+3.43%
|
$32.9m
+58.95%
|
$37.5m
+14.08%
|
$30.7m
-18.06%
|
$25.4m
-17.39%
|
$37.0m
+45.59%
|
$64.6m
+74.75%
|
$68.5m
+6.06%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $579k | $327k | $0 | $0 | — | — | — | — | — | — | $68.5m | |
| Earnings Per Share, Basic | $2.09 | $1.91 | $2.91 | $3.08 | $5.18 | $6.07 | $5.33 | $4.53 | $6.72 | $2.92 | $3.09 | |
| Earnings Per Share, Diluted | $2.06 | $1.88 | $2.86 | $3.04 | $5.11 | $6.00 | $5.27 | $4.49 | $6.62 | $2.87 | $3.04 | |
| 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 | 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 | 22.5m | |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance Income | — | — | — | — | — | — | $2.0m | $0 | $0 | — | — | |
| Business Combination, Acquisition Related Costs | $0 | — | — | — | — | — | — | — | — | — | — | |
| Capitalized Computer Software, Amortization | $157k | $675k | $911k | $1.0m | $1.1m | $1.2m | $1.2m | $1.2m | — | — | — | |
| Depreciation, Depletion and Amortization, Nonproduction | $2.4m | $2.9m | $2.3m | — | — | — | — | — | — | — | $0 | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $972k | $3.4m | $3.3m | $3.5m | — | |
| Goodwill, Impairment Loss | $0 | — | — | — | — | — | — | — | — | — | — |