Call reports 2021
NORTHRIM BANK — 2021
What NORTHRIM BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,335,350,000 | 2,438,065,000 | 2,594,527,000 | 2,710,167,000 |
| Total loans | 1,676,869,000 | 1,606,287,000 | 1,576,999,000 | 1,494,523,000 |
| Allowance for loan losses | 14,764,000 | 14,539,000 | 13,816,000 | 11,739,000 |
| Securities available for sale | 303,810,000 | 337,231,000 | 379,122,000 | 426,684,000 |
| Securities held to maturity | 20,000,000 | 20,000,000 | 20,000,000 | 20,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,074,931,000 | 2,178,080,000 | 2,330,897,000 | 2,453,836,000 |
| Interest-bearing deposits | 1,308,641,000 | 1,372,348,000 | 1,459,401,000 | 1,564,005,000 |
| Noninterest-bearing deposits | 766,290,000 | 805,732,000 | 871,496,000 | 889,831,000 |
| Equity capital | 202,947,000 | 201,775,000 | 204,337,000 | 202,635,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 21,040,000 | 41,740,000 | 63,435,000 | 86,418,000 |
| Interest expense | 1,031,000 | 2,020,000 | 2,803,000 | 3,501,000 |
| Net interest income | 20,009,000 | 39,720,000 | 60,632,000 | 82,917,000 |
| Noninterest income | 15,472,000 | 28,997,000 | 41,579,000 | 50,817,000 |
| Noninterest expense | 20,750,000 | 42,666,000 | 65,059,000 | 87,465,000 |
| Provision for loan losses | -1,904,000 | -2,066,000 | -2,828,000 | -3,779,000 |
| Pretax income | 16,219,000 | 27,966,000 | 40,173,000 | 50,368,000 |
| Income tax | 3,318,000 | 6,506,000 | 9,351,000 | 11,776,000 |
| Net income | 12,901,000 | 21,460,000 | 30,822,000 | 38,592,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 186,848,000 | 185,739,000 | 188,690,000 | 189,447,000 |
| Total capital | 203,445,000 | 201,845,000 | 203,728,000 | 202,282,000 |
| Risk-weighted assets | 1,538,120,000 | 1,604,473,000 | 1,663,643,000 | 1,659,413,000 |