How has Northrim BanCorp's specialty finance — insurance expense changed year-over-year?

Northrim BanCorp's specialty finance — insurance expense decreased by 100.0% year-over-year, from $6K to $0.

What does specialty finance — insurance expense mean?

Reflects the premiums paid for insurance coverage specifically allocated to the specialty finance segment's operations. This expense is essential for mitigating operational and liability risks inherent in specialized financial services.

Northrim BanCorp (NRIM) Specialty Finance — Insurance expense

Screener

Other segment segments

Community Banking

$385K-61.1%

Home Mortgage Lending

$19K-13.6%

Similar metrics at other companies

NSA

NSAReportable Segment — Insurance expense

$2.48M-7.7%

UTZHealth Insurance Product Line — Insurance expense

$6.28M+24.3%

UTZAutomobile, General Liability And Workers' Compensation Insurance — Insurance expense

$4.1M+53.3%

CFFIConsumer Finance — General Insurance Expense

$32K-5.9%

FUSBGeneral Insurance Expense

$408K+11.5%

PRKGeneral Insurance Expense

$1.99M+19.1%

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

See full

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

See full

Operating cash flow$27.2M+64.6%

CapEx$2.9M+1,290%

Free cash flow$24.3M+48.9%

Valuation

See full

Market cap$587.71M+25.5%

P/E8.6×-1.9×

P/S2.7×0.0×

Profitability

See full

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 us-gaap:GeneralInsuranceExpense.

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 Banking	Home Mortgage Lending	Specialty Finance	Consolidated
Occupancy expense	1,565	468	71	2,104
Professional and outside services	831	253	75	1,159
Marketing expense	756	137	8	901
Insurance expense	385	19	—	404
Compensation expense - Sallyport acquisition payments	—	—	500	500
Other operating expense	1,626	749	368	2,743
Total other operating expense	20,390	7,201	3,031	30,622
Income before provision for income taxes	13,713	1,494	2,751	17,958

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Northrim BanCorp's specialty finance — insurance expense?: Northrim BanCorp (NRIM) reported specialty finance — insurance expense of $0 in Q1 2026.
How has Northrim BanCorp's specialty finance — insurance expense changed year-over-year?: Northrim BanCorp's specialty finance — insurance expense decreased by 100.0% year-over-year, from $6K to $0.
What does specialty finance — insurance expense mean?: Reflects the premiums paid for insurance coverage specifically allocated to the specialty finance segment's operations. This expense is essential for mitigating operational and liability risks inherent in specialized financial services.