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Northrim BanCorp NRIM Home Mortgage Lending — Purchased receivable income

Other segment segments

Specialty Finance
$6.13M-0.3%
Community Banking
$0

Similar metrics at other companies

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FSBWHome Lending — Intersegment Income
$315K-3.1%
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FSBWHome Lending — Noninterest Income
$3.41M+18.7%
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FSBWHome Lending — Other Income
$514K-10.6%
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FSBWHome Lending — Segment Income
$12.69M+7.3%

Other financials

Income statement

See full
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

See full
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 nrim:IncomePurchasedReceivables.

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
Total mortgage servicing revenue, net2,5402,540
Other mortgage banking revenue204204
Total mortgage banking revenue6,4616,461
Purchased receivable income6,1326,132
Other operating income2,416(130)2,286
Total other operating income2,4166,4616,00214,879
Salaries and other personnel expense12,3925,2751,83919,506
Data processing expense2,8353001703,305

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Northrim BanCorp's home mortgage lending — purchased receivable income?
Northrim BanCorp (NRIM) reported home mortgage lending — purchased receivable income of $0 in Q1 2026.
What does home mortgage lending — purchased receivable income mean?
Income earned from the acquisition and management of purchased mortgage receivables or loan portfolios. This metric highlights the segment's ability to generate returns through the strategic purchase of existing debt assets.

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