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Northrim BanCorp NRIM Specialty Finance — Loans held for sale

Other segment segments

Home Mortgage Lending
$81.18M-49.1%
Community Banking
$0

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LENLennar Financial Services — Loans held for sale
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NVRMortgage Banking — Mortgage loans held for sale, net
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STWDProperty Segment — Loans held-for-sale, at fair value
$0

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:LoansReceivableHeldForSaleNetNotPartOfDisposalGroup.

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 — loans held for sale?
Northrim BanCorp (NRIM) reported specialty finance — loans held for sale of $0 in Q1 2026.
What does specialty finance — loans held for sale mean?
This metric quantifies the value of loans originated or acquired by the specialty finance segment that are intended to be sold in the secondary market rather than held to maturity. It provides insight into the segment's liquidity strategy and its reliance on gain-on-sale revenue versus interest income. Fluctuations in this balance often indicate changes in market demand for specific loan products or shifts in the company's capital allocation strategy.

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