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.
The Northrim BanCorp, Inc. (NASDAQ: NRIM) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Northrim BanCorp is a bank holding company for Northrim Bank, an Alaska-based community bank, and its filings offer detailed information about its community banking, home mortgage lending, and specialty finance activities.
Investors can review current reports on Form 8-K that describe material events such as quarterly earnings announcements, amendments to the company’s Articles of Incorporation, and capital transactions. For example, Northrim has filed 8-K reports covering its results of operations for recent quarters and an 8-K detailing a 4-for-1 forward stock split of its common stock, including the related Articles of Amendment that increased authorized shares and decreased par value.
Another notable filing is an 8-K describing the company’s entry into Subordinated Note Purchase Agreements and the issuance of $60.0 million in aggregate principal amount of 6.875% Fixed-to-Floating Rate Subordinated Notes due 2035. The filing explains that the notes were issued in a private placement, are intended to qualify as Tier 2 capital for regulatory capital purposes, and were issued under an Indenture with U.S. Bank Trust Company, National Association, as trustee. It also summarizes the associated Registration Rights Agreements that provide for an exchange offer into registered subordinated notes.
Through this page, users can quickly locate Northrim’s 8-K filings and, where available, other periodic reports such as 10-K annual reports and 10-Q quarterly reports. Stock Titan’s platform pairs these documents with AI-powered tools that help explain key terms, highlight important sections, and make it easier to understand how items like capital instruments, stock splits, and segment performance are described in the company’s official filings.
The Vanguard Group amended a Schedule 13G/A reporting its position in Northrim BanCorp Inc. The filing states that, following an internal realignment referenced to January 12, 2026 and SEC Release No. 34-39538, certain Vanguard subsidiaries will report separately and beneficial ownership is 0 shares of Common Stock for The Vanguard Group as reported in this amendment. The filing lists the issuer as Northrim BanCorp Inc and is signed by Ashley Grim on 03/27/2026.
Northrim Bancorp EVP and CFO Jed W. Ballard reported equity compensation activity rather than open-market trading. On March 23, 2026, restricted stock units and performance stock units converted into a total of 14,359 shares of Northrim common stock, reflecting full vesting of a restricted stock grant and performance-based vesting of performance stock units at 150 percent of target based on a three-year peer comparison.
To cover tax obligations at vesting, 3,860 shares were withheld by the company at a price of $22.85 per share, which is a tax-withholding disposition, not a market sale. After these transactions, Ballard directly owns 30,327 shares of Northrim common stock, including shares previously issued as dividend equivalents under the company’s stock plans.
Northrim Bancorp Chairman, President & CEO Michael G. Huston reported equity award vesting and related share movements. On March 23, 2026, restricted stock units covering 6,104 shares and performance stock units covering 10,286 shares of common stock were exercised or converted into common shares, with no cash exercise price.
Common stock entries show multiple acquisitions under code M and share dispositions under code F for tax withholding at $22.85 per share. Footnotes state the restricted stock units fully vested and the performance stock units vested at 150 percent based on performance over a three-year period. After these transactions, Huston directly holds 96,127 shares of Northrim Bancorp common stock.
Northrim BanCorp, Inc. is offering to exchange $60,000,000 aggregate principal amount of 6.875% Fixed-to-Floating Rate Subordinated Notes due 2035 (the "New Notes") for any and all outstanding unregistered 6.875% Fixed-to-Floating Rate Subordinated Notes due 2035 (the "Old Notes"). The exchange offer expires at April 9, 2026, unless extended.
The New Notes have terms identical in all material respects to the Old Notes except that the New Notes are registered under the Securities Act, generally free of transfer restrictions, are not entitled to registration rights and do not have rights to additional interest under the registration rights agreements. The Company will receive no cash proceeds from the exchange; Old Notes exchanged will be cancelled and issuance of New Notes will not increase outstanding indebtedness.
Northrim BanCorp, Inc. is registering up to $60,000,000 of 6.875% Fixed-to-Floating Rate Subordinated Notes due 2035 and is conducting an exchange offer to issue those registered "New Notes" in exchange for all outstanding privately issued "Old Notes" of the same series.
The exchange will not raise cash or increase indebtedness; New Notes are identical in all material respects to Old Notes except they are registered under the Securities Act, generally transferable, and not entitled to registration rights or additional interest tied to fulfillment of registration obligations. The company will cancel Old Notes surrendered in the exchange. Northrim reported $3.3 billion total assets and $2.9 billion total deposits as of September 30, 2025.
Northrim BanCorp, Inc., a publicly traded Alaska-focused bank holding company, operates three segments: Community Banking, Home Mortgage Lending, and Specialty Finance. It reported $2.8 billion in deposits and $3.3 billion in total assets as of December 31, 2025, making it the third-largest commercial bank in Alaska by deposits.
The company completed its acquisition of Sallyport Commercial Finance in 2024, expanding factoring and asset-based lending across the U.S., Canada and the U.K. About 26% of 2025 revenue came from residential housing-related activities, tying results closely to Alaska real estate markets.
Northrim emphasizes relationship-based commercial lending, strong core deposit funding, and tight credit management, but faces concentration risks from its Alaska-centric footprint, large commercial real estate exposures, sector concentrations (healthcare, accommodations, tourism, retail and aviation), and a small number of large borrowing and large deposit relationships.
Northrim BanCorp, Inc. has filed a Form S-4 for an exchange offer covering up to $60,000,000 aggregate principal amount of 6.875% Fixed-to-Floating Rate Subordinated Notes due 2035. Holders can swap privately placed, unregistered notes issued on November 26, 2025 for SEC-registered notes with identical economic terms.
The New Notes pay 6.875% fixed interest to December 1, 2030, then float at a Benchmark rate expected to be Three-Month Term SOFR plus 348 basis points until maturity on December 1, 2035. Northrim receives no cash and total indebtedness does not increase; exchanged Old Notes will be cancelled.
The notes are unsecured, subordinated obligations of the holding company, structurally subordinated to subsidiary liabilities, and are not FDIC insured. They are redeemable at par on or after December 1, 2030, and earlier upon specified tax, regulatory capital or investment company events. No public trading market exists or is expected for the notes.
BANCORP INC executive vice president and chief financial officer Jed W. Ballard reported open-market purchases of company stock. On January 30, 2026, he bought 650 shares of common stock directly at $23.20 per share, bringing his directly held stake to 19,162 shares.
On the same date, 640 shares of common stock were purchased at $23.2799 per share and are reported as indirectly owned “By Adult Child”, with 640 shares shown as indirectly held following the transaction.
NRIM Bancorp’s President, CEO, and COO Michael G. Huston reported buying company stock. On January 29, 2026, he purchased 1,500 shares of common stock at $22.80 per share.
After this open-market purchase, Huston directly owned 83,252 shares of NRIM Bancorp common stock.