Northrim BanCorp Balance Sheet Health
Financial Health criteria checks 6/6
Northrim BanCorp has total assets of $3.0B and total equity of $260.1M. Total deposits are $2.6B, and total loans are $2.0B. It earns a Net Interest Margin of 4.2%. It has sufficient allowance for bad loans, which are currently at 0.2% of total loans. Cash and short-term investments are $113.1M.
Key information
11.4x
Asset to equity ratio
4.2%
Net interest margin
| Total deposits | US$2.63b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.2% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$113.13m |
Recent financial health updates
No updates
Recent updates
Northrim BanCorp: Rosy Earnings Outlook Appears Priced-In
Oct 20Northrim BanCorp (NASDAQ:NRIM) Is Paying Out A Larger Dividend Than Last Year
Aug 29
Northrim BanCorp: Still Marginally Attractive Despite Some Weak Spots
May 13Northrim BanCorp: The Golden Moment Continues
Jan 31Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's
Jan 30Northrim BanCorp: Margin's High Rate-Sensitivity To Benefit Earnings
Oct 05Northrim BanCorp's (NASDAQ:NRIM) Upcoming Dividend Will Be Larger Than Last Year's
Aug 29Northrim BanCorp raises dividend by 22% to $0.50
Aug 26Northrim BanCorp: High Oil Prices, Interest Rates To Salvage Earnings
Jul 21Northrim: A Cheap Alaskan Bank Faces Some Headwinds In 2022
May 07Northrim BanCorp: Topline Growth To Counter Mortgage Refinancing Normalization
Feb 17Northrim BanCorp: Regional Economy, Company-Specific Factors Likely To Limit Earnings
Oct 26Northrim BanCorp's (NASDAQ:NRIM) Dividend Will Be Increased To US$0.38
Aug 30Northrim BanCorp: Strong Loan Growth, Subdued Credit Costs To Lift Earnings
Jul 22Northrim BanCorp declares $0.37 dividend
May 28Shareholders Will Probably Not Have Any Issues With Northrim BanCorp, Inc.'s (NASDAQ:NRIM) CEO Compensation
May 22Northrim BanCorp EPS beats by $0.54
Apr 26Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: NRIM's Assets to Equity ratio (11.4x) is moderate.
Allowance for Bad Loans: NRIM has a sufficient allowance for bad loans (394%).
Low Risk Liabilities: 97% of NRIM's liabilities are made up of primarily low risk sources of funding.
Loan Level: NRIM has an appropriate level of Loans to Assets ratio (67%).
Low Risk Deposits: NRIM's Loans to Deposits ratio (76%) is appropriate.
Level of Bad Loans: NRIM has an appropriate level of bad loans (0.2%).