Northrim BanCorp

Northrim BanCorp, Inc. is a bank holding company. The Company operates in two segments: Community Banking and Home Mortgage Lending. The Community Banking segment's principal business focus is the offering of loan and deposit products to business and consumer customers in its primary market areas. The Community Banking segment operates approximately 10 branches throughout Alaska. The Home Mortgage Lending segment's principal business focus is the origination and sale of mortgage loans for one- to four-family residential properties. Its loan products include short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans. Its commercial loan portfolio includes both secured and unsecured loans for working capital and expansion. It provides construction lending for commercial real estate projects. It offers personal loans for automobiles, recreational vehicles, boats, and other larger consumer purchases.
Type
Public
HQ
Anchorage, US
Size (employees)
451 (est)
Northrim BanCorp is headquartered in Anchorage, US

Northrim BanCorp Office Locations

Northrim BanCorp has an office in Anchorage

Northrim BanCorp Metrics

Northrim BanCorp Financial Metrics

Revenue (2016)

$102.2 m

Revenue growth (2015-16), %

(2%)

Net income (2016)

$15 m

Market capitalization (28-Apr-2017)

$221.1 m

Closing share price (28-Apr-2017)

$32

Cash (31-Dec-2016)

$34.5 m
Northrim BanCorp's current market capitalization is $221.1 m.
Northrim BanCorp's revenue was reported to be $102.2 m in FY, 2016 which is a 2% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$59 m$74.4 m$104.4 m$102.2 m

Revenue growth, %

26%40%(2%)

Operating expense total

$39.9 m$46.9 m$72.6 m$76.3 m

EBIT

$44.7 m$52.9 m$55.2 m$54.1 m

EBIT margin, %

76%71%53%53%

Interest expense

$2 m$2.1 m$2.9 m$2.6 m

Pre tax profit

$17.7 m$26 m$27.1 m$21 m

Income tax expense

$5.3 m$8.2 m$8.8 m$6.1 m

Net Income

$12.4 m$17.9 m$18.3 m$15 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$33.1 m$36 m$31 m$34.5 m

Accounts Receivable

$2.7 m$3.4 m

Inventories

PP&E

$28.3 m$35.6 m$40.2 m$39.3 m

Goodwill

$7.9 m$24 m$22.3 m$15 m

Total Assets

$1.2 b$1.4 b$1.5 b$1.5 b

Accounts Payable

Additional Paid-in Capital

$54.1 m$61.7 m$62.4 m$63 m

Retained Earnings

$82.9 m$95.5 m$108.2 m$117.1 m

Total Equity

$144.3 m$164.4 m$177.2 m$186.7 m

Financial Leverage

8.4 x8.8 x8.5 x8.2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$12.4 m$17.9 m$18.3 m$15 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$18.6 m$20.5 m$10.5 m$20.1 m

Cash From Investing Activities

($108 m)($48.7 m)($63.3 m)($47.5 m)

Dividends Paid

($4.2 m)($4.8 m)($5.1 m)($5.4 m)

Cash From Financing Activities

$33.6 m$11.1 m$42.9 m$19.3 m

Interest Paid

$2 m$2.1 m$2.8 m$2.6 m

Income Taxes Paid

$3.6 m$5.9 m$5.7 m$4.4 m

Northrim BanCorp Market Value History

Northrim BanCorp Online Presence

Northrim BanCorp Company Life

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