Call reports 2023
NORTHRIM BANK — 2023
What NORTHRIM BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,564,795,000 | 2,624,164,000 | 2,775,535,000 | 2,788,920,000 |
| Total loans | 1,580,362,000 | 1,741,864,000 | 1,817,821,000 | 1,858,313,000 |
| Allowance for loan losses | 14,157,000 | 15,645,000 | 16,491,000 | 17,270,000 |
| Securities available for sale | 677,734,000 | 671,139,000 | 652,150,000 | 637,936,000 |
| Securities held to maturity | 36,750,000 | 36,750,000 | 36,750,000 | 36,750,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,325,045,000 | 2,328,743,000 | 2,451,017,000 | 2,503,325,000 |
| Interest-bearing deposits | 1,556,285,000 | 1,617,338,000 | 1,685,568,000 | 1,753,254,000 |
| Noninterest-bearing deposits | 768,760,000 | 711,405,000 | 765,449,000 | 750,071,000 |
| Equity capital | 190,951,000 | 191,432,000 | 198,214,000 | 208,636,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 30,599,000 | 63,254,000 | 98,636,000 | 135,638,000 |
| Interest expense | 4,785,000 | 11,493,000 | 19,568,000 | 28,760,000 |
| Net interest income | 25,814,000 | 51,761,000 | 79,068,000 | 106,878,000 |
| Noninterest income | 4,049,000 | 10,187,000 | 17,715,000 | 22,343,000 |
| Noninterest expense | 22,668,000 | 45,552,000 | 68,356,000 | 91,362,000 |
| Provision for loan losses | 259,000 | 1,769,000 | 2,519,000 | 3,394,000 |
| Pretax income | 6,835,000 | 14,629,000 | 25,470,000 | 34,017,000 |
| Income tax | 1,386,000 | 2,813,000 | 4,634,000 | 7,359,000 |
| Net income | 5,449,000 | 11,816,000 | 20,836,000 | 26,658,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 199,378,000 | 203,022,000 | 208,862,000 | 210,179,000 |
| Total capital | 215,606,000 | 220,635,000 | 227,762,000 | 229,867,000 |
| Risk-weighted assets | 1,883,150,000 | 1,979,017,000 | 2,078,513,000 | 2,126,829,000 |