Northrim BanCorp Files 8-K on Financial Condition

Ticker: NRIM · Form: 8-K · Filed: Jan 26, 2024 · CIK: 1163370

Northrim Bancorp Inc 8-K Filing Summary
FieldDetail
CompanyNorthrim Bancorp Inc (NRIM)
Form Type8-K
Filed DateJan 26, 2024
Risk Levellow
Pages1
Reading Time2 min
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: financial-condition, results-of-operations, 8-K

TL;DR

**Northrim BanCorp just dropped an 8-K about their financials, get ready for new numbers.**

AI Summary

Northrim BanCorp, Inc. filed an 8-K on January 26, 2024, reporting an event that occurred on January 25, 2024, related to its results of operations and financial condition. This filing indicates that the company is providing an update on its financial performance, which is crucial for investors to understand the company's current health and future prospects. For shareholders, this means new financial data is available that could influence the stock's valuation and their investment decisions.

Why It Matters

This filing signals that Northrim BanCorp, Inc. has released new financial information, which is critical for investors to assess the company's performance and make informed decisions.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial information, not indicating any immediate adverse events or significant changes in company operations.

Analyst Insight

A smart investor would look for the actual financial statements and results of operations that this 8-K refers to, as this filing itself is merely a notification of their release, not the detailed financial data.

Key Players & Entities

FAQ

What is the purpose of this 8-K filing by Northrim BanCorp, Inc.?

This 8-K filing by Northrim BanCorp, Inc. is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per the Item Information sections, indicating an update on their financial performance.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on January 25, 2024, as stated in the 'Date of Report (Date of Earliest Event Reported)' section.

What is Northrim BanCorp, Inc.'s state of incorporation?

Northrim BanCorp, Inc.'s state of incorporation is Alaska, as specified in the filing.

What is the registrant's telephone number?

The registrant's telephone number, including area code, is 907-562-0062, according to the filing.

Does Northrim BanCorp, Inc. consider itself an emerging growth company?

The filing does not indicate whether Northrim BanCorp, Inc. considers itself an emerging growth company, as the checkboxes for Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934 are not marked.

Filing Stats: 440 words · 2 min read · ~1 pages · Grade level 10.1 · Accepted 2024-01-26 09:25:58

Filing Documents

02 Results from Operations and Financial Condition

Item 2.02 Results from Operations and Financial Condition. On January 25, 2024, Northrim BanCorp, Inc. (the "Company") announced by press release its earnings for the fourth quarter ended December 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (a) Financial statements – not applicable (b) Proforma financial information – not applicable (c) Shell company transactions – not applicable (d) Exhibit No. Description 99.1 Press Release dated January 25, 2024

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Northrim BanCorp, Inc. January 25, 2024 By: /s/ Jed W. Ballard Name: Jed W. Ballard Title: EVP, Chief Financial Officer Exhibit Index Exhibit No. Description 99.1 Press release dated January 2 5 , 202 4

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