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Northrim BanCorp NRIM Home Mortgage Lending — 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 home mortgage lending — insurance expense?
- Northrim BanCorp (NRIM) reported home mortgage lending — insurance expense of $19K in Q1 2026.
- How has Northrim BanCorp's home mortgage lending — insurance expense changed year-over-year?
- Northrim BanCorp's home mortgage lending — insurance expense decreased by 13.6% year-over-year, from $22K to $19K.
- What is the long-term trend for Northrim BanCorp's home mortgage lending — insurance expense?
- Over 3 years (2022 to 2025), Northrim BanCorp's home mortgage lending — insurance expense has grown at a 7.3% compound annual growth rate (CAGR), from $68K to $84K.
- What does home mortgage lending — insurance expense mean?
- Reflects the premiums paid to protect the mortgage lending segment against operational risks, including errors and omissions or other liability coverage. This expense is essential for maintaining risk mitigation frameworks within the lending business.
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