Call reports 2022
NORTHRIM BANK — 2022
What NORTHRIM BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 2,612,108,000 | 2,598,344,000 | 2,702,065,000 | 2,656,653,000 |
| Total loans | 1,435,919,000 | 1,484,066,000 | 1,461,407,000 | 1,547,039,000 |
| Allowance for loan losses | 11,310,000 | 11,537,000 | 11,982,000 | 13,838,000 |
| Securities available for sale | 488,347,000 | 612,027,000 | 651,921,000 | 677,029,000 |
| Securities held to maturity | 24,750,000 | 29,750,000 | 36,750,000 | 36,750,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,372,097,000 | 2,361,054,000 | 2,465,672,000 | 2,417,246,000 |
| Interest-bearing deposits | 1,558,745,000 | 1,530,481,000 | 1,602,330,000 | 1,620,944,000 |
| Noninterest-bearing deposits | 813,352,000 | 830,573,000 | 863,342,000 | 796,302,000 |
| Equity capital | 193,316,000 | 187,650,000 | 181,157,000 | 183,800,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 20,346,000 | 43,788,000 | 71,743,000 | 101,753,000 |
| Interest expense | 685,000 | 1,393,000 | 2,568,000 | 4,946,000 |
| Net interest income | 19,661,000 | 42,395,000 | 69,175,000 | 96,807,000 |
| Noninterest income | 10,890,000 | 18,969,000 | 27,049,000 | 32,911,000 |
| Noninterest expense | 20,477,000 | 43,072,000 | 64,737,000 | 85,906,000 |
| Provision for loan losses | -167,000 | 106,000 | -797,000 | 972,000 |
| Pretax income | 10,224,000 | 17,979,000 | 31,527,000 | 41,966,000 |
| Income tax | 2,047,000 | 3,814,000 | 6,827,000 | 9,049,000 |
| Net income | 8,177,000 | 14,165,000 | 24,700,000 | 32,917,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 191,801,000 | 191,662,000 | 197,712,000 | 198,033,000 |
| Total capital | 204,224,000 | 204,502,000 | 211,547,000 | 213,841,000 |
| Risk-weighted assets | 1,695,642,000 | 1,782,808,000 | 1,803,837,000 | 1,872,534,000 |