Northrim BanCorp (NRIM) reported third-quarter 2026 net income of $14.4 million, or $0.63 per diluted share, compared with $15.3 million, or $0.68 per diluted share, in the prior quarter and $27.1 million, or $1.20 per diluted share, a year earlier.
Net interest income rose 5% sequentially to $38.9 million, while total deposits increased 5% from the preceding quarter to $3.05 billion. The company recorded a $7.7 million provision for credit losses, primarily tied to one Specialty Finance relationship.
- Portfolio loans were $2.40 billion at September 30, 2026, up 1% sequentially and 8% year over year.
- Net interest margin on a tax-equivalent basis was 5.02%, up 1 basis point from the second quarter and 14 basis points from a year earlier.
- Nonperforming assets, net of government guarantees, were $42.9 million, compared with $23.0 million at June 30, 2026.
- The company expects its all-stock acquisition of PBCO Financial Corporation to close in the first quarter of 2027, subject to approvals and other closing conditions.
$NRIM Insider Trading Activity
$NRIM insiders have traded $NRIM stock on the open market 9 times in the past 6 months. Of those trades, 1 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $NRIM stock by insiders over the last 6 months:
- JASON ALEXANDER CRIQUI (EVP, CBO of Northrim Bank) has made 0 purchases and 3 sales selling 13,488 shares for an estimated $356,656.
- MARK DOUGLAS EDWARDS (EVP, CCO of Northrim Bank) has made 0 purchases and 2 sales selling 4,000 shares for an estimated $106,660.
- JED W BALLARD (EVP, CFO) has made 0 purchases and 2 sales selling 3,492 shares for an estimated $90,479.
- LINDA C THOMAS purchased 1,200 shares for an estimated $31,440
- ANTHONY DRABEK sold 1,200 shares for an estimated $30,624
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NRIM Hedge Fund Activity
We have seen 75 institutional investors add shares of $NRIM stock to their portfolio, and 58 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 160,879 shares (+5.8%) to their portfolio in Q2 2026, for an estimated $4,462,783
- KENNEDY CAPITAL MANAGEMENT LLC removed 143,451 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $3,979,330
- JPMORGAN CHASE & CO added 128,703 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,570,221
- ANCORA ADVISORS LLC added 126,214 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,501,176
- MILLENNIUM MANAGEMENT LLC removed 113,802 shares (-79.0%) from their portfolio in Q2 2026, for an estimated $3,156,867
- Y-INTERCEPT (HONG KONG) LTD removed 89,173 shares (-78.2%) from their portfolio in Q2 2026, for an estimated $2,473,659
- ACADIAN ASSET MANAGEMENT LLC removed 85,121 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $2,361,256
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.