Call reports 2020
NORTHRIM BANK — 2020
What NORTHRIM BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,677,785,000 | 2,002,728,000 | 2,082,968,000 | 2,105,177,000 |
| Total loans | 1,191,900,000 | 1,578,819,000 | 1,634,432,000 | 1,604,223,000 |
| Allowance for loan losses | 21,115,000 | 20,745,000 | 21,769,000 | 21,208,000 |
| Securities available for sale | 268,959,000 | 202,347,000 | 215,369,000 | 247,633,000 |
| Securities held to maturity | 0 | 0 | 0 | 10,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,411,439,000 | 1,752,109,000 | 1,823,983,000 | 1,846,675,000 |
| Interest-bearing deposits | 957,715,000 | 1,071,928,000 | 1,124,896,000 | 1,195,501,000 |
| Noninterest-bearing deposits | 453,724,000 | 680,181,000 | 699,087,000 | 651,174,000 |
| Equity capital | 181,351,000 | 191,272,000 | 195,335,000 | 195,735,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 18,151,000 | 37,715,000 | 57,900,000 | 78,885,000 |
| Interest expense | 1,601,000 | 3,079,000 | 4,506,000 | 5,784,000 |
| Net interest income | 16,550,000 | 34,636,000 | 53,394,000 | 73,101,000 |
| Noninterest income | 6,284,000 | 22,943,000 | 43,791,000 | 60,868,000 |
| Noninterest expense | 18,151,000 | 40,098,000 | 63,126,000 | 86,988,000 |
| Provision for loan losses | 2,065,000 | 2,463,000 | 3,024,000 | 2,411,000 |
| Pretax income | 2,618,000 | 15,018,000 | 31,035,000 | 44,570,000 |
| Income tax | 286,000 | 2,273,000 | 6,456,000 | 10,667,000 |
| Net income | 2,332,000 | 12,745,000 | 24,579,000 | 33,903,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 165,362,000 | 174,038,000 | 178,073,000 | 178,532,000 |
| Total capital | 183,513,000 | 191,936,000 | 196,475,000 | 197,326,000 |
| Risk-weighted assets | 1,448,703,000 | 1,428,629,000 | 1,468,403,000 | 1,500,699,000 |