Northrim Bancorp Q1 2025 Financials Filed

Ticker: NRIM · Form: 10-Q · Filed: Apr 28, 2025 · CIK: 1163370

Northrim Bancorp Inc 10-Q Filing Summary
FieldDetail
CompanyNorthrim Bancorp Inc (NRIM)
Form Type10-Q
Filed DateApr 28, 2025
Risk Levellow
Sentimentneutral

Sentiment: neutral

Topics: 10-Q, financials, banking

TL;DR

NRIM Q1 2025 10-Q filed. Shows deposit, card, and MSR data vs prior periods.

AI Summary

Northrim Bancorp Inc. reported its first quarter 2025 financial results, ending March 31, 2025. The filing details various financial components including deposit accounts, credit and debit card activities, and mortgage servicing rights as of March 31, 2025, and compares them to previous periods like December 31, 2024, and March 31, 2024.

Why It Matters

This filing provides investors and analysts with the latest financial performance and position of Northrim Bancorp, crucial for understanding its stability and growth trajectory.

Risk Assessment

Risk Level: low — This is a routine quarterly financial filing with no immediate red flags or significant negative events indicated.

Key Numbers

Key Players & Entities

FAQ

What were the total deposit account balances as of March 31, 2025?

The filing indicates data for 'us-gaap:DepositAccountMember' for the period ending 2025-03-31, but specific dollar amounts are not provided in this header snippet.

How did credit and debit card activity in Q1 2025 compare to Q1 2024?

The filing references 'us-gaap:CreditAndDebitCardMember' for both 2025-01-01 to 2025-03-31 and 2024-01-01 to 2024-03-31, suggesting comparative data is available within the full report.

What is the status of Northrim Bancorp's Mortgage Servicing Rights as of March 31, 2025?

The filing mentions 'nrim:MortgageServicingRightsMember' for 2025-03-31, indicating this financial asset is reported, though specific values are not in this excerpt.

When was Northrim Bancorp incorporated?

Northrim Bancorp Inc. was incorporated in Alaska (AK).

What is the SIC code for Northrim Bancorp Inc.?

The Standard Industrial Classification (SIC) code for Northrim Bancorp Inc. is 6035, which corresponds to Savings Institutions, Federally Chartered.

Filing Details

This Form 10-Q (Form 10-Q) was filed with the SEC on April 28, 2025 regarding NORTHRIM BANCORP INC (NRIM).

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