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

Northrim BanCorp's specialty finance — interest expense increased by 29.8% year-over-year, from $496K to $644K.

What does specialty finance — interest expense mean?

Measures the total interest costs incurred to fund the lending operations of the specialty finance segment. It reflects the cost of capital associated with debt obligations and funding sources used to support the segment's asset base.

Northrim BanCorp (NRIM) Specialty Finance — Interest Expense

Screener

Other segment segments

Community Banking

$8.2M-2.7%

Home Mortgage Lending

$1.39M+3.6%

Similar metrics at other companies

WTFCSpecialty finance — Interest Expense

$17.78M+70.6%

ABCBPremium Finance Division — Interest Expense

$18.19M+2.7%

RDNSpecialty Segment Operating — Interest Expense

$3.53M—

JRVRSpecialty Admitted Insurance — Interest Expense

$0—

ATLCAuto Finance — Interest Expense

$349K-33.1%

WTMSpecialty Insurance Distribution (Distinguished) — Interest Expense

$3.6M—

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$586.59M+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:InterestExpenseOperating.

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
Interest income	$40,037	$4,190	$669	$44,896
Interest expense	8,197	1,394	644	10,235
Net interest income	31,840	2,796	25	34,661
Provision (benefit) for credit losses	153	562	245	960
Net interest income after provision for credit losses	31,687	2,234	(220)	33,701
Net realized gains on mortgage loans sold	—	2,997	—	2,997
Change in fair value of mortgage loan commitments, net	—	720	—	720
Total production revenue	—	3,717	—	3,717

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Northrim BanCorp's specialty finance — interest expense?: Northrim BanCorp (NRIM) reported specialty finance — interest expense of $644K in Q1 2026.
How has Northrim BanCorp's specialty finance — interest expense changed year-over-year?: Northrim BanCorp's specialty finance — interest expense increased by 29.8% year-over-year, from $496K to $644K.
What does specialty finance — interest expense mean?: Measures the total interest costs incurred to fund the lending operations of the specialty finance segment. It reflects the cost of capital associated with debt obligations and funding sources used to support the segment's asset base.