Short answer
NORTHRIM BANCORP INC (NRIM) filed an 8-K current report with the SEC on April 22, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 earnings announced for quarter ended March 31, 2026.
NORTHRIM BANCORP INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 earnings announced for quarter ended March 31, 2026
- Detailed financial results contained in Exhibit 99.1 press release
- Earnings disclosure gives investors the company’s latest quarterly performance update
Item EX-99.1 · Exhibit EX-99.1
- Q1 2026 net income $13.7M, or $0.61 diluted EPS, up from $13.3M and $0.60 year-over-year
- NIMTE improved to 4.77% from 4.61% year-over-year, supported by lower deposit costs and a favorable loan mix
- Portfolio loans reached $2.36B, up 11% year-over-year, while deposits increased 3% to $2.87B
- Credit risk bears monitoring: nonperforming assets rose to $15.3M from $12.3M year-over-year, while allowance coverage declined to 175%
- Quarterly dividend held at $0.16 per share, supported by ROAE of 16.60% and total equity-to-assets of 10.01%
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