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Northrim BanCorp NRIM Home Mortgage Lending — Other

Other segment segments

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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:ServicingAssetAtFairValueOtherChangesInFairValue.

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
Mortgage servicing revenue2,6672,667
Change in fair value of mortgage servicing rights:
Due to changes in model inputs of assumptions463463
Other(590)(590)
Total mortgage servicing revenue, net2,5402,540
Other mortgage banking revenue204204
Total mortgage banking revenue6,4616,461
Purchased receivable income6,1326,132

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Northrim BanCorp's home mortgage lending — other?
Northrim BanCorp (NRIM) reported home mortgage lending — other of -$590K in Q1 2026.
How has Northrim BanCorp's home mortgage lending — other changed year-over-year?
Northrim BanCorp's home mortgage lending — other decreased by 10.7% year-over-year, from -$533K to -$590K.
What is the long-term trend for Northrim BanCorp's home mortgage lending — other?
Over 3 years (2022 to 2025), Northrim BanCorp's home mortgage lending — other has grown at a 21.5% compound annual growth rate (CAGR), from -$1.33M to -$2.38M.
What does home mortgage lending — other mean?
Represents miscellaneous income or expense items within the home mortgage lending segment that do not fit into primary revenue or expense categories. This metric captures residual financial impacts necessary for reconciling segment performance.

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