Northrim BanCorp NRIM General Insurance Expense
General Insurance Expense at other companies
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Where this comes from
Reported directly by Northrim BanCorp in its filing.
Tagged under the XBRL concept us-gaap:GeneralInsuranceExpense.
The official record: Northrim BanCorp’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Northrim BanCorp's general insurance expense?
- Northrim BanCorp (NRIM) reported general insurance expense of $404K in Q1 2026.
- How has Northrim BanCorp's general insurance expense changed year-over-year?
- Northrim BanCorp's general insurance expense decreased by 60.3% year-over-year, from $1.02M to $404K.
- What is the long-term trend for Northrim BanCorp's general insurance expense?
- Over 4 years (2021 to 2025), Northrim BanCorp's general insurance expense has grown at a 19.2% compound annual growth rate (CAGR), from $1.59M to $3.21M.
- What does general insurance expense mean?
- This includes premiums paid for various insurance policies, such as deposit insurance, fidelity bonds, and general liability coverage. It represents a necessary operational cost to mitigate institutional risk and protect the bank's balance sheet.