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Northrim BanCorp NRIM Specialty Finance — Goodwill

Other segment segments

Community Banking
$7.53M0.0%
Home Mortgage Lending
$7.49M0.0%

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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:Goodwill.

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 specialty finance — goodwill?
Northrim BanCorp (NRIM) reported specialty finance — goodwill of $34.86M in Q1 2026.
How has Northrim BanCorp's specialty finance — goodwill changed year-over-year?
Northrim BanCorp's specialty finance — goodwill decreased by 0.0% year-over-year, from $34.86M to $34.86M.
What does specialty finance — goodwill mean?
This metric represents the intangible asset value recorded when the specialty finance segment was acquired for a price exceeding the fair market value of its net identifiable assets. It reflects the premium paid for the segment's brand, customer relationships, and market position. Investors monitor this balance to assess potential impairment risks and the long-term value realization of historical acquisitions.

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