Short answer
NORTHRIM BANCORP INC (NRIM) filed an 8-K current report with the SEC on July 23, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q2 2026 earnings announcement for quarter ended June 30, 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
- Q2 2026 earnings announcement for quarter ended June 30, 2026
- Detailed financial results and management commentary available in Exhibit 99.1
Item EX-99.1 · Exhibit EX-99.1
- Q2 net income $15.3M, or $0.68 diluted EPS, up from $11.8M and $0.52 year-over-year
- Record net interest income $37.1M, up 11% YoY, with NIMTE reaching 5.01% from 4.72%
- Portfolio loans $2.39B, up 8% YoY, while deposits rose 4% to $2.92B
- Credit risk warrants monitoring: nonperforming assets increased to $23.0M from $11.9M YoY
- Quarterly dividend maintained at $0.16 per share; Palmer branch expanded Northrim’s network to 21 locations
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