What does real estate owned, transfer to real estate owned mean?

This represents the non-cash transfer of loan balances to Other Real Estate Owned (OREO) following the foreclosure process. It signifies the transition of a non-performing loan into a tangible asset held for sale. This metric is a critical indicator of credit quality deterioration and the volume of distressed assets entering the bank's inventory.

Northrim BanCorp NRIM Real Estate Owned, Transfer to Real Estate Owned

Real Estate Owned, Transfer to Real Estate Owned at other companies

Alerus Financial CorporationALRS

$0-100%

UBS

United BanksharesUBSI

$2.1M+81.2%

NBT

NBT BancorpNBTB

$0-100%

GBC

Glacier BancorpGBCI

$1.37M+4,480%

KeyCorpKEY

——

Midland States BancorpMSBI

——

Other financials

Income statement

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Revenue$49.5M+11.7%

Net income$13.7M+2.6%

EPS (diluted)$0.61+1.7%

Balance sheet

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Cash & equivalents$406.9M-17.3%

Total debt$93.5M+1,117%

Total equity$335.8M+20.0%

Total assets$3.4B+6.8%

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$606.17M+26.8%

P/E9.3×-2.0×

P/S2.8×-0.1×

Profitability

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Net margin29.8%+4.3pp

FCF margin67.2%—

Returns & leverage

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Return on equity21.1%+4.9pp

Debt / equity0.3×+0.3×

Where this comes from

Reported directly by Northrim BanCorp in its filing.

Tagged under the XBRL concept us-gaap:TransferToOtherRealEstate.

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 real estate owned, transfer to real estate owned?: Northrim BanCorp (NRIM) reported real estate owned, transfer to real estate owned of $1.04M in Q1 2026.
What does real estate owned, transfer to real estate owned mean?: This represents the non-cash transfer of loan balances to Other Real Estate Owned (OREO) following the foreclosure process. It signifies the transition of a non-performing loan into a tangible asset held for sale. This metric is a critical indicator of credit quality deterioration and the volume of distressed assets entering the bank's inventory.