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Northrim BanCorp NRIM Home Mortgage Lending — Loans

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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:FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss.

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 — loans?
Northrim BanCorp (NRIM) reported home mortgage lending — loans of $264.66M in Q1 2026.
How has Northrim BanCorp's home mortgage lending — loans changed year-over-year?
Northrim BanCorp's home mortgage lending — loans increased by 40.7% year-over-year, from $188.09M to $264.66M.
What does home mortgage lending — loans mean?
This represents the total outstanding balance of mortgage loans held in the segment's portfolio that are intended to be kept on the balance sheet. It reflects the segment's long-term credit exposure and its role in generating interest income over time. Changes in this balance indicate the bank's appetite for mortgage credit risk and its strategy for managing interest-earning assets.

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