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Northrim BanCorp NRIM Community Banking — Provision for income taxes

Other segment segments

Specialty Finance
$662K-3.8%
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$408K+31.6%

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Other financials

Income statement

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Revenue$53.9M+7.2%
Net income$15.3M+30.3%
EPS (diluted)$0.68-67.5%

Balance sheet

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Cash & equivalents$406.9M-17.3%
Total debt$93.0M+1,215%
Total equity$347.6M+19.8%
Total assets$3.4B+5.3%

Cash flow

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Operating cash flow$27.2M+64.6%
CapEx$2.9M+1,290%
Free cash flow$24.3M+48.9%

Valuation

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Market cap$586.59M+25.3%
P/E8.6×-1.9×
P/S2.7×0.0×

Profitability

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Net margin30.9%+5.8pp
FCF margin67.2%

Returns & leverage

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Return on equity21.5%+4.8pp
Debt / equity0.3×+0.2×

Where this comes from

Reported directly by Northrim BanCorp in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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 BankingHome Mortgage LendingSpecialty FinanceConsolidated
Marketing expense7561378901
Insurance expense38519404
Compensation expense - Sallyport acquisition payments500500
Other operating expense1,6267493682,743
Total other operating expense20,3907,2013,03130,622
Income before provision for income taxes13,7131,4942,75117,958
Provision for income taxes3,2134086624,283
Net income$10,500$1,086$2,089$13,675

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Northrim BanCorp's community banking — provision for income taxes?
Northrim BanCorp (NRIM) reported community banking — provision for income taxes of $3.21M in Q1 2026.
How has Northrim BanCorp's community banking — provision for income taxes changed year-over-year?
Northrim BanCorp's community banking — provision for income taxes decreased by 1.2% year-over-year, from $3.25M to $3.21M.
What is the long-term trend for Northrim BanCorp's community banking — provision for income taxes?
Over 4 years (2021 to 2025), Northrim BanCorp's community banking — provision for income taxes has grown at a 23.3% compound annual growth rate (CAGR), from $6.47M to $14.93M.
What does community banking — provision for income taxes mean?
Represents the estimated income tax expense allocated to the community banking segment based on its pre-tax earnings. This reflects the tax burden associated with the segment's contribution to the overall corporate tax liability.

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