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Northrim BanCorp NRIM Provision for Credit Losses

Provision for Credit Losses at other companies

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$914M-9.1%
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$92M-33.3%
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$1.25M+137%
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-$4.88M-666%
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Midland States BancorpMSBI
$5M-53.9%
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Greene County BancorpGCBC
$126K

Segments

By segment

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Home Mortgage Lending$562K+283%
Specialty Finance$245K-63.2%
Community Banking$153K+109%

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:ProvisionForLoanLeaseAndOtherLosses.

The source filing: Northrim BanCorp’s 8-K, filed July 23, 2026. Open the filing →

Filed
Jul 22, 2026, 8:00 PM EDT
Accession
0001163370-26-000025

FAQ

What is Northrim BanCorp's provision for credit losses?
Northrim BanCorp (NRIM) reported provision for credit losses of $1.63M in Q2 2026.
How has Northrim BanCorp's provision for credit losses changed year-over-year?
Northrim BanCorp's provision for credit losses decreased by 17.7% year-over-year, from $1.98M to $1.63M.
What is the long-term trend for Northrim BanCorp's provision for credit losses?
Over 4 years (2021 to 2025), Northrim BanCorp's provision for credit losses has grown at a -1.2% compound annual growth rate (CAGR), from -$4.1M to $3.91M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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