Northrim BanCorp Reports Q4 2025 Record Net Interest Income of $35.4 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: seekingalpha
- Record Net Interest Income: Northrim BanCorp achieved a record net interest income of $35.4 million in Q4 2025, up from $35.3 million in Q3 2025 and $30.8 million in Q4 2024, indicating robust performance in interest revenue generation.
- Declining Deposit Costs: The average cost of interest-bearing deposits fell to 1.91% in Q4 2025, down from 2.00% in Q3 2025 and 2.15% a year ago, reflecting effective strategies in managing funding costs.
- Increased Mortgage Originations: Mortgage loan originations reached $231.2 million in Q4 2025, significantly higher than $185.9 million in the same quarter last year, showcasing strong demand in the housing loan market and an increase in market share.
- Capital Support Initiatives: The company issued $60 million in subordinated debt to bolster regulatory capital ratios, aimed at funding future growth initiatives and enhancing its capital base and competitive position in the market.
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About NRIM
Northrim BanCorp, Inc. is a bank holding company. The Company is primarily engaged in the delivery of business and personal banking services through its wholly owned banking subsidiary, Northrim Bank (the Bank). Its segments include Community Banking, Home Mortgage Lending, and Specialty Finance. 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. Home Mortgage Lending segment's principal business focus is the origination and sale of mortgage loans for one-to-four family residential properties, mortgage loan servicing for a portion of mortgage loans sold, and investment in certain one-to-four family residential mortgage loans. The Specialty Finance segment's principal business focus is factoring, asset-based lending and alternative working capital solutions to small and medium-sized enterprises and includes Sallyport Commercial Finance, LLC (SCF) and Northrim Funding Services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
