Northrim BanCorp Balance Sheet Health
Financial Health criteria checks 6/6
Northrim BanCorp has total assets of $2.8B and total equity of $247.2M. Total deposits are $2.5B, and total loans are $1.9B. It earns a Net Interest Margin of 4.2%. It has sufficient allowance for bad loans, which are currently at 0.3% of total loans. Cash and short-term investments are $68.0M.
Key information
11.4x
Asset to equity ratio
4.2%
Net interest margin
| Total deposits | US$2.46b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.3% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$68.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: NRI's Assets to Equity ratio (11.4x) is moderate.
Allowance for Bad Loans: NRI has a sufficient allowance for bad loans (365%).
Low Risk Liabilities: 96% of NRI's liabilities are made up of primarily low risk sources of funding.
Loan Level: NRI has an appropriate level of Loans to Assets ratio (66%).
Low Risk Deposits: NRI's Loans to Deposits ratio (75%) is appropriate.
Level of Bad Loans: NRI has an appropriate level of bad loans (0.3%).