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 Data and Metrics

Northrim BanCorp Financial Metrics

Northrim BanCorp's revenue was reported to be $102.2 m in FY, 2016 which is a 2% decrease from the previous period.
$, USD

Revenue (FY, 2016)

102.2 m

Revenue growth (FY, 2015 - FY, 2016), %

(2%)

Net income (FY, 2016)

15 m

EBIT (FY, 2016)

54.1 m

Market capitalization (23-Jun-2017)

210.4 m

Closing share price (23-Jun-2017)

30.6

Cash (31-Dec-2016)

34.5 m
Northrim BanCorp's current market capitalization is $210.4 m.
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

59 m74.4 m104.4 m102.2 m

Revenue growth, %

26%40%(2%)

Operating expense total

39.9 m46.9 m72.6 m76.3 m

EBIT

44.7 m52.9 m55.2 m54.1 m

EBIT margin, %

76%71%53%53%

Interest expense

2 m2.1 m2.9 m2.6 m

Pre tax profit

17.7 m26 m27.1 m21 m

Income tax expense

5.3 m8.2 m8.8 m6.1 m

Net Income

12.4 m17.9 m18.3 m15 m
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

33.1 m36 m31 m34.5 m

Accounts Receivable

2.7 m3.4 m

PP&E

28.3 m35.6 m40.2 m39.3 m

Goodwill

7.9 m24 m22.3 m15 m

Total Assets

1.2 b1.4 b1.5 b1.5 b

Additional Paid-in Capital

54.1 m61.7 m62.4 m63 m

Retained Earnings

82.9 m95.5 m108.2 m117.1 m

Total Equity

144.3 m164.4 m177.2 m186.7 m

Financial Leverage

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

Net Income

12.4 m17.9 m18.3 m15 m

Cash From Operating Activities

18.6 m20.5 m10.5 m20.1 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 m11.1 m42.9 m19.3 m

Interest Paid

2 m2.1 m2.8 m2.6 m

Income Taxes Paid

3.6 m5.9 m5.7 m4.4 m
$, USDY, 2016

Revenue/Employee

685.8 k

Financial Leverage

8.2 x

Northrim BanCorp Market Value History

Northrim BanCorp Online and Social Media Presence

Northrim BanCorp Company Life and Culture

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