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Northrim BanCorp NRIM Community Banking — Insurance expense
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Where this comes from
Reported directly by Northrim BanCorp in its filing.
Tagged under the XBRL concept us-gaap:GeneralInsuranceExpense.
The source filing: Northrim BanCorp’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 2:06 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001163370-26-000021
| (In Thousands) | Community Banking | Home Mortgage Lending | Specialty Finance | Consolidated |
|---|---|---|---|---|
| Occupancy expense | 1,565 | 468 | 71 | 2,104 |
| Professional and outside services | 831 | 253 | 75 | 1,159 |
| Marketing expense | 756 | 137 | 8 | 901 |
| Insurance expense | 385 | 19 | — | 404 |
| Compensation expense - Sallyport acquisition payments | — | — | 500 | 500 |
| Other operating expense | 1,626 | 749 | 368 | 2,743 |
| Total other operating expense | 20,390 | 7,201 | 3,031 | 30,622 |
| Income before provision for income taxes | 13,713 | 1,494 | 2,751 | 17,958 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Northrim BanCorp's community banking — insurance expense?
- Northrim BanCorp (NRIM) reported community banking — insurance expense of $385K in Q1 2026.
- How has Northrim BanCorp's community banking — insurance expense changed year-over-year?
- Northrim BanCorp's community banking — insurance expense decreased by 61.1% year-over-year, from $989K to $385K.
- What is the long-term trend for Northrim BanCorp's community banking — insurance expense?
- Over 3 years (2022 to 2025), Northrim BanCorp's community banking — insurance expense has grown at a 16.3% compound annual growth rate (CAGR), from $1.99M to $3.12M.
- What does community banking — insurance expense mean?
- Reflects the premiums paid for various insurance policies, such as general liability, property, and professional indemnity, specifically allocated to the community banking segment. It serves as a measure of the operational risk management costs for the segment.
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