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Northrim BanCorp NRIM Specialty Finance — Other operating expense

Other segment segments

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$1.63M-4.1%
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$749K+26.5%

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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:SegmentReportingOtherItemAmount.

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
Marketing expense7561378901
Insurance expense38519404
Compensation expense - Sallyport acquisition payments500500
Other operating expense1,6267493682,743
Total other operating expense20,3907,2013,03130,622
Income before provision for income taxes13,7131,4942,75117,958
Provision for income taxes3,2134086624,283
Net income$10,500$1,086$2,089$13,675

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Northrim BanCorp's specialty finance — other operating expense?
Northrim BanCorp (NRIM) reported specialty finance — other operating expense of $368K in Q1 2026.
How has Northrim BanCorp's specialty finance — other operating expense changed year-over-year?
Northrim BanCorp's specialty finance — other operating expense increased by 39.9% year-over-year, from $263K to $368K.
What is the long-term trend for Northrim BanCorp's specialty finance — other operating expense?
Over 3 years (2022 to 2025), Northrim BanCorp's specialty finance — other operating expense has grown at a 111.7% compound annual growth rate (CAGR), from $119K to $1.13M.
What does specialty finance — other operating expense mean?
Encompasses miscellaneous administrative and operational costs not categorized under specific line items for the specialty finance segment. Tracking this helps identify overhead trends and potential inefficiencies in the segment's day-to-day operations.

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