Northrim BanCorp NRIM Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Net Income by Business | |||||
| Community Banking | $49.55M+63.3% | $30.34M+19.4% | $25.42M-14.6% | $29.76M+9.5% | |
| Home Mortgage Lending | $4.8M+0.5% | $4.78M+292% | -$2.49M-178% | -$897K-109% | |
| Specialty Finance | $10.26M+455% | $1.85M-25.3% | $2.47M+31.4% | $1.88M— | |
| Revenue by Business | |||||
| Community Banking | $183.64M+24.5% | $147.46M+12.6% | $130.99M+22.9% | $106.55M— | |
| Home Mortgage Lending | $46.27M+4.9% | $44.1M+85.1% | $23.83M-5.4% | $25.19M— | |
| Specialty Finance | $28.62M+257% | $8.03M+64.3% | $4.89M+21.1% | $4.04M— | |
| Noninterest Income by Business | |||||
| Community Banking | $26.58M+143% | $10.96M+14.6% | $9.56M-8.9% | $10.5M+3.8% | |
| Home Mortgage Lending | $25.24M+5.1% | $24M+88.1% | $12.76M-40.8% | $21.57M-48.8% | |
| Specialty Finance | $25.38M+259% | $7.08M+57.9% | $4.48M+124% | $2M— | |
| Total mortgage servicing revenue, net by Business | |||||
| Community Banking | $0— | $0— | $0— | $0— | |
| Home Mortgage Lending | $7.04M-21.4% | $8.95M+91.3% | $4.68M-43.1% | $8.23M— | |
| Specialty Finance | $0— | $0— | $0— | $0— | |
| Segment gross profit by Business | |||||
| Community Banking | $146.88M+32.6% | $110.79M+9.9% | $100.84M+1.3% | $99.55M— | |
| Home Mortgage Lending | $36.34M+5.8% | $34.34M+71.2% | $20.06M-15.6% | $23.77M— | |
| Specialty Finance | $25.68M+277% | $6.81M+39.3% | $4.89M+21.1% | $4.04M— | |
| Other by Business | |||||
| Community Banking | $0— | $0— | $0— | $0— | |
| Home Mortgage Lending | -$2.38M-55.0% | -$1.54M+13.0% | -$1.77M-33.0% | -$1.33M— | |
| Specialty Finance | $0— | $0— | $0— | $0— | |
| Other operating income by Business | |||||
| Community Banking | $26.58M+143% | $10.96M+20.0% | $9.13M-13.1% | $10.5M— | |
| Home Mortgage Lending | $0— | $0— | $0— | $0— | |
| Specialty Finance | -$422K-530% | -$67K— | $0— | $0— | |
| Total Assets by Business | |||||
| Community Banking | $10.85B+7.6% | $10.09B+2.5% | $9.84B-3.6% | $10.21B+6.7% | |
| Home Mortgage Lending | $1.46B+7.3% | $1.36B+46.7% | $928.56M+131% | $401.57M-29.8% | |
| Specialty Finance | $676.23M— | —— | —— | —— | |
| Purchased receivables, net by Business | |||||
| Community Banking | $0— | —— | —— | —— | |
| Home Mortgage Lending | $0— | —— | —— | —— | |
| Specialty Finance | $414.28M— | —— | —— | —— | |
| Noninterest Expense by Business | |||||
| Community Banking | $85.34M+11.3% | $76.71M+8.6% | $70.62M+10.6% | $63.87M— | |
| Home Mortgage Lending | $29.77M+7.8% | $27.62M+17.6% | $23.5M-5.8% | $24.95M— | |
| Specialty Finance | $12.21M+189% | $4.23M+195% | $1.43M+1.8% | $1.41M— | |
| Loan, Mortgage, Production Revenue by Business | |||||
| Community Banking | $0— | $0— | $0— | $0— | |
| Home Mortgage Lending | $17.12M+20.9% | $14.17M+83.4% | $7.73M-39.8% | $12.84M— | |
| Specialty Finance | $0— | $0— | $0— | $0— | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | |||||
| Community Banking | $64.48M+71.0% | $37.7M+19.3% | $31.59M-14.7% | $37.05M+10.1% | |
| Home Mortgage Lending | $6.57M-2.2% | $6.71M+295% | -$3.44M-190% | -$1.19M-108% | |
| Specialty Finance | $13.47M+423% | $2.58M-25.4% | $3.45M+31.4% | $2.63M— | |
| Net realized gains on mortgage loans sold by Business | |||||
| Community Banking | $0— | $0— | $0— | $0— | |
| Home Mortgage Lending | $16.78M+19.9% | $14M+78.8% | $7.83M-43.6% | $13.87M— | |
| Specialty Finance | $0— | $0— | $0— | $0— | |
| Interest Income (Expense), Operating by Business | |||||
| Community Banking | $122.63M+20.1% | $102.1M+6.9% | $95.56M+5.1% | $90.89M+16.4% | |
| Home Mortgage Lending | $12.28M+9.4% | $11.23M+53.9% | $7.3M+233% | $2.19M-20.2% | |
| Specialty Finance | $693K+565% | -$149K-137% | $403K-80.2% | $2.03M— | |
| Other mortgage banking revenue by Business | |||||
| Community Banking | $0— | $0— | $0— | $0— | |
| Home Mortgage Lending | $1.07M+21.8% | $882K+148% | $356K-29.1% | $502K— | |
| Specialty Finance | $0— | $0— | $0— | $0— | |
| Provision for income taxes by Business | |||||
| Community Banking | $14.93M+103% | $7.36M+19.2% | $6.18M-15.3% | $7.29M+12.8% | |
| Home Mortgage Lending | $1.77M-8.6% | $1.93M+305% | -$943K-227% | -$288K-107% | |
| Specialty Finance | $3.22M+341% | $730K-25.7% | $982K+31.3% | $748K— | |
| Interest Income by Business | |||||
| Community Banking | $157.06M+15.1% | $136.5M+12.0% | $121.86M+26.9% | $96.05M+17.6% | |
| Home Mortgage Lending | $18.09M+9.8% | $16.48M+70.0% | $9.69M+331% | $2.25M-22.5% | |
| Specialty Finance | $3.23M+242% | $946K+135% | $403K-80.2% | $2.03M— | |
| Other operating expense by Business | |||||
| Community Banking | $7.23M+36.9% | $5.28M— | —— | $5.11M— | |
| Home Mortgage Lending | $2.79M+19.4% | $2.34M— | —— | $1.82M— | |
| Specialty Finance | $1.13M+109% | $540K+339% | $123K+3.4% | $119K— | |
| Interest Income (Expense), after Provision for Loan Loss by Business | |||||
| Community Banking | $120.3M+20.5% | $99.83M+8.8% | $91.71M+3.0% | $89.04M— | |
| Home Mortgage Lending | $11.11M+7.4% | $10.34M+41.6% | $7.3M+233% | $2.19M— | |
| Specialty Finance | $299K+209% | -$274K-168% | $403K-80.2% | $2.03M— | |
| Mortgage banking income by Business | |||||
| Community Banking | $0— | $0— | $0— | $0— | |
| Home Mortgage Lending | $25.24M+5.1% | $24M+88.1% | $12.76M-40.8% | $21.57M— | |
| Specialty Finance | $0— | $0— | $0— | $0— | |
| Purchased receivable income by Business | |||||
| Community Banking | $0— | $0— | $0— | $0— | |
| Home Mortgage Lending | $0— | $0— | $0— | $0— | |
| Specialty Finance | $25.81M+261% | $7.15M+59.4% | $4.48M+124% | $2M— | |
| Mortgage servicing revenue by Business | |||||
| Community Banking | $0— | $0— | $0— | $0— | |
| Home Mortgage Lending | $10.82M+18.2% | $9.16M+24.3% | $7.37M-7.3% | $7.94M— | |
| Specialty Finance | $0— | $0— | $0— | $0— | |
| Marketing expense by Business | |||||
| Community Banking | $3.17M+25.6% | $2.52M+2.2% | $2.47M+6.4% | $2.32M— | |
| Home Mortgage Lending | $546K+9.4% | $499K+8.0% | $462K+8.2% | $427K— | |
| Specialty Finance | $17K+70.0% | $10K+400% | $2K-33.3% | $3K— | |
| Salaries and other personnel expense by Business | |||||
| Community Banking | $49.08M+9.4% | $44.86M+4.8% | $42.8M+12.7% | $37.96M— | |
| Home Mortgage Lending | $22.22M+6.0% | $20.97M+17.3% | $17.87M-7.4% | $19.3M— | |
| Specialty Finance | $7.03M+249% | $2.02M+87.9% | $1.07M+18.6% | $905K— | |
| Data processing expense by Business | |||||
| Community Banking | $11.4M+14.9% | $9.92M+9.1% | $9.09M+12.2% | $8.1M— | |
| Home Mortgage Lending | $1.11M+15.1% | $966K+39.6% | $692K+12.0% | $618K— | |
| Specialty Finance | $617K+505% | $102K+168% | $38K-81.4% | $204K— | |
| Loans by Business | |||||
| Community Banking | $2.03B— | —— | —— | —— | |
| Home Mortgage Lending | $854.68M— | —— | —— | —— | |
| Specialty Finance | $17.5M— | —— | —— | —— | |
| Occupancy expense by Business | |||||
| Community Banking | $5.56M+0.4% | $5.53M+1.9% | $5.43M+8.8% | $4.99M— | |
| Home Mortgage Lending | $1.99M+3.0% | $1.93M+4.8% | $1.84M+1.1% | $1.82M— | |
| Specialty Finance | $280K+87.9% | $149K+21.1% | $123K+19.4% | $103K— | |
| Compensation expense - Sallyport acquisition payments by Business | |||||
| Community Banking | $0— | —— | —— | —— | |
| Home Mortgage Lending | $0— | —— | —— | —— | |
| Specialty Finance | $2.33M— | —— | —— | —— | |
| Interest Expense by Business | |||||
| Community Banking | $34.43M+0.1% | $34.39M+30.8% | $26.3M+410% | $5.16M— | |
| Home Mortgage Lending | $5.81M+10.6% | $5.25M+119% | $2.4M+4,102% | $57K— | |
| Specialty Finance | $2.54M+132% | $1.1M— | $0— | $0— | |
| Goodwill by Business | |||||
| Community Banking | $30.1M— | —— | —— | —— | |
| Home Mortgage Lending | $29.97M— | —— | —— | —— | |
| Specialty Finance | $139.43M— | —— | —— | —— | |
| Loans held for sale by Business | |||||
| Community Banking | $0— | $0— | $0— | $0— | |
| Home Mortgage Lending | $498.36M+73.3% | $287.64M+59.9% | $179.87M-5.3% | $189.95M-52.7% | |
| Specialty Finance | $0— | —— | —— | —— | |
| Change in fair value of mortgage loan commitments, net by Business | |||||
| Community Banking | $0— | $0— | $0— | $0— | |
| Specialty Finance | $0— | $0— | $0— | $0— | |
| Insurance expense by Business | |||||
| Community Banking | $3.12M+16.0% | $2.69M+11.0% | $2.42M+22.0% | $1.99M— | |
| Home Mortgage Lending | $84K-16.8% | $101K+5.2% | $96K+41.2% | $68K— | |
| Specialty Finance | $7K-95.9% | $170K— | $0— | $0— | |
| Professional and outside services by Business | |||||
| Community Banking | $2.86M+25.1% | $2.28M-1.0% | $2.31M+13.8% | $2.03M— | |
| Home Mortgage Lending | $1.03M+24.8% | $827K+10.1% | $751K-16.1% | $895K— | |
| Specialty Finance | $794K-36.0% | $1.24M+1,624% | $72K0.0% | $72K— | |
| Provision (benefit) for credit losses by Business | |||||
| Community Banking | $2.34M+2.7% | $2.28M-40.8% | $3.84M+108% | $1.85M+145% | |
| Home Mortgage Lending | $1.18M+32.1% | $892K— | $0— | $0— | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | |||||
| Bankcard fees | $4.68M+7.1% | $4.37M+13.1% | $3.86M+4.5% | $3.7M+9.1% | |
| Service charges on deposit accounts | $2.99M+27.2% | $2.35M+14.9% | $2.04M+26.9% | $1.61M+24.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Northrim BanCorp break its business down?
- Northrim BanCorp (NRIM) reports net income by business across 3 parts — Community Banking, Home Mortgage Lending and Specialty Finance. Each is extracted from the segment footnotes and tracked over time.
- Where does Northrim BanCorp's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Northrim BanCorp's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
