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Northrim BanCorp NRIM Home Mortgage Lending — Goodwill

Other segment segments

Specialty Finance
$34.86M0.0%
Community Banking
$7.53M0.0%

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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$587.71M+25.5%
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:Goodwill.

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
March 31, 2026 / (In Thousands)Community BankingHome Mortgage LendingSpecialty FinanceConsolidated
Total assets$2,775,963$401,203$177,742$3,354,908
Loans held for sale$—$81,179$—$81,179
Loans$2,081,912$264,662$12,128$2,358,702
Purchased receivables, net$—$—$105,029$105,029
Goodwill$7,525$7,492$34,857$49,874

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Northrim BanCorp's home mortgage lending — goodwill?
Northrim BanCorp (NRIM) reported home mortgage lending — goodwill of $7.49M in Q1 2026.
How has Northrim BanCorp's home mortgage lending — goodwill changed year-over-year?
Northrim BanCorp's home mortgage lending — goodwill decreased by 0.0% year-over-year, from $7.49M to $7.49M.
What does home mortgage lending — goodwill mean?
This represents the intangible asset value recorded when the home mortgage lending segment was acquired for a price exceeding the fair value of its net identifiable assets. It reflects the premium paid for market share, brand, or synergies within the mortgage business. Significant changes in this balance may indicate impairment testing results or further strategic acquisitions.

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