Welcome to our dedicated page for NORTHRIM BANCORP SEC filings (Ticker: NRIM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Northrim BanCorp filings document the regulatory record of an Alaska bank holding company with community banking, home mortgage lending and specialty finance activities. Recent 8-K reports furnish quarterly earnings releases and describe results drivers such as net interest income, mortgage banking income, purchased receivable income, operating expenses and credit-loss provisioning.
The filing record also includes definitive proxy materials covering board elections, executive compensation, equity awards and shareholder voting matters. Material-event filings document capital-structure actions, including subordinated note purchase agreements, private-placement debt issued for regulatory capital purposes, and amendments to articles of incorporation used to effect a forward common-stock split and related changes to authorized shares and par value.
NORTHRIM BANCORP INC (NRIM) reported that Jed W. Ballard, EVP and CFO, sold common stock in two open market or private transactions on 2026-08-28. He sold 3,392 shares at $25.91 per share and 100 shares at $25.93 per share, for total reported sales of 3,492 shares. The filing’s Rule 10b5-1 checkbox was not marked as being under a trading plan.
NORTHRIM BANCORP INC (NRIM) received a Rule 144 notice from officer Jed W. Ballard for a proposed sale of common stock. Ballard plans to sell up to 3,492 shares of Northrim Bancorp common stock through Charles Schwab, with an indicated aggregate market value of $89,500 and 22,244,766 shares of common stock stated as outstanding. The shares to be sold were acquired via equity compensation as restricted stock units that vested on December 2, 2024, and the approximate date of sale is listed as August 27, 2026. This notice is a regulatory disclosure of a potential insider sale rather than a completed transaction.
Northrim BanCorp, Inc. (NRIM) has filed a Form S-4 to register shares of Northrim common stock to be issued in its acquisition of PBCO Financial Corporation. PBCO shareholders will receive 1.160 shares of Northrim common stock for each PBCO share, plus cash in lieu of fractional shares, subject to adjustment under the merger agreement.
Using Northrim’s $27.90 closing price on July 21, 2026, this implied $32.36 per PBCO share and aggregate merger consideration of about $167.3 million. PBCO must have adjusted tangible common equity of at least $102,542,499; as of June 30, 2026 it was estimated at $103,657,844, above that threshold. After closing, Northrim shareholders are expected to own about 79% and former PBCO shareholders about 21% of Northrim.
The deal extends Northrim’s community banking franchise from Alaska into Southern Oregon and the Willamette Valley, taking combined assets to over $4 billion. The transaction is intended to qualify as a tax-free Section 368(a) reorganization for PBCO shareholders (except for cash received for fractional shares). Completion requires shareholder approvals and multiple banking regulatory approvals; PBCO shareholders have dissenters’ rights, while Northrim shareholders do not.
Northrim Bancorp Inc executive Mark Douglas Edwards, EVP and CCO of Northrim Bank, reported selling a total of 4,000 shares of common stock, including 2,000 shares at $27.00 on 2026-08-03 and 2,000 shares at $26.33 on 2026-07-31. As of 2026-06-30, he held 5,391 shares indirectly through the Northrim 401(k) plan, which included 98 shares acquired under that plan between 2026-04-01 and 2026-06-30.
Northrim Bancorp, Inc. filed a notice of proposed sale of 4,000 shares of its common stock under Rule 144. The shares relate to equity compensation awards, specifically 1,324 RSUs vested on 11/15/2020 and 2,676 RSUs vested on 11/28/2021. The filing lists an aggregate market value of approximately $106,660 for the planned sale, with a proposed sale date of 07/31/2026.
Northrim Bancorp executive Jason Alexander Criqui, EVP and CBO of Northrim Bank, reported selling 13,488 shares of common stock on July 31, 2026 in open-market or private transactions at $26.4376–$26.5300 per share. He also reported 2,450 shares held indirectly through the Northrim 401(k) plan, based on a June 30, 2026 statement reflecting 76 shares acquired between April 1 and June 30, 2026.
Northrim BanCorp, Inc. reported higher profitability for the quarter and six months ended June 30, 2026. Net income was $15,342 thousand for the quarter versus $11,778 thousand a year earlier, and $29,017 thousand for the first half of 2026 versus $25,102 thousand in 2025. Diluted earnings per share were $0.68 for the quarter and $1.29 year to date, up from $0.52 and $1.12.
Total assets reached $3,415,386 thousand, with net loans of $2,360,867 thousand and deposits of $2,918,788 thousand as of June 30, 2026, all above year-end 2025 levels. Net interest income rose to $37,136 thousand for the quarter and $71,797 thousand year to date, as total interest and dividend income increased and interest expense declined compared with 2025. The allowance for credit losses on loans increased to $25,461 thousand, with year-to-date credit loss provision of $2,587 thousand, and net nonaccrual loans after government guarantees increased to $21,811 thousand from $11,968 thousand at December 31, 2025.
The company also carries $58,684 thousand of subordinated notes issued in late 2025 at a 6.875% fixed rate to 2030, intended to qualify as Tier 2 capital, and maintains mortgage servicing rights of $28,475 thousand on $1,659,395 thousand of serviced mortgage loans.
Vanguard Capital Management filed an amended Schedule 13G reporting its beneficial ownership of Northrim BanCorp Inc common stock. Vanguard and certain affiliated entities beneficially own 1,095,813 shares, representing 4.92% of the class as of 06/30/2026. Vanguard has sole voting power over 147,254 shares and sole dispositive power over 1,095,813 shares, with no shared voting or dispositive power. The holdings include securities held by Vanguard funds and managed accounts over which these entities exercise voting and/or dispositive power, and no other single person has an interest in more than 5% of the securities reported.
Bancorp, Inc. has a beneficial owner planning to sell up to 13,488 shares of common stock through Fidelity Brokerage Services on the NASDAQ, with an aggregate market value of $360,669.12, as of a planned sale date of July 31, 2026.
The shares trace to prior equity awards and purchases, including 3,628 RSUs vested on December 2, 2024, 4,688 RSUs vested on December 4, 2023, 4,172 RSUs vested on December 4, 2022, and a private purchase of 1,000 shares for cash on January 28, 2026.
Northrim BanCorp, Inc. is acquiring PBCO Financial Corporation in an all-stock merger, with each PBCO common share to be converted into 1.160 shares of Northrim common stock, subject to possible downward adjustment if PBCO’s Adjusted Tangible Common Equity falls below $102,542,499.
The aggregate consideration is valued at approximately $167.3 million, or $32.36 per PBCO share based on Northrim’s $27.90 closing price on July 21, 2026, and PBCO shareholders are expected to own about 21.1% of the combined company. As of June 30, 2026, PBCO had $776.6 million in assets, and the combined organization is projected to have about $4.2 billion in assets, $3.0 billion in loans and $3.5 billion in deposits.
PBCO RSUs will fully vest and convert into Northrim shares, while phantom stock units will be cashed out using the exchange ratio and Northrim closing stock price. The deal requires approvals from both companies’ shareholders and multiple banking regulators, satisfaction of financial and tax conditions, and limits on dissenting PBCO shareholders. PBCO has agreed to a $6,692,331 termination fee payable to Northrim under specified circumstances. Closing is targeted for the fourth quarter of 2026 or early first quarter of 2027, with system conversion anticipated in late 2027.