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Northrim BanCorp NRIM Home Mortgage Lending — Salaries and other personnel expense

Other segment segments

Community Banking
$12.39M+15.1%
Specialty Finance
$1.84M+8.8%

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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:LaborAndRelatedExpense.

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
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
Occupancy expense1,565468712,104
Professional and outside services831253751,159
Marketing expense7561378901

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Northrim BanCorp's home mortgage lending — salaries and other personnel expense?
Northrim BanCorp (NRIM) reported home mortgage lending — salaries and other personnel expense of $5.28M in Q1 2026.
How has Northrim BanCorp's home mortgage lending — salaries and other personnel expense changed year-over-year?
Northrim BanCorp's home mortgage lending — salaries and other personnel expense increased by 10.6% year-over-year, from $4.77M to $5.28M.
What is the long-term trend for Northrim BanCorp's home mortgage lending — salaries and other personnel expense?
Over 3 years (2022 to 2025), Northrim BanCorp's home mortgage lending — salaries and other personnel expense has grown at a 4.8% compound annual growth rate (CAGR), from $19.3M to $22.22M.
What does home mortgage lending — salaries and other personnel expense mean?
Total costs associated with employee compensation, benefits, and incentives within the mortgage lending segment. This metric is a primary driver of operating expenses and reflects the human capital investment required to maintain mortgage operations.

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