23.93
+1.87%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Northrim BanCorp
From its filings with the US Securities and Exchange Commission
Northrim BanCorp is based in Anchorage, Alaska and is incorporated in Alaska. Its shares trade on Nasdaq under the ticker NRIM. The SEC classifies its business as savings institution, federally chartered. In the fiscal year to 31 December 2024, it reported revenue of $155.2m.
We are a publicly traded bank holding company headquartered in Anchorage, Alaska. The Company’s common stock trades on the Nasdaq Global Select Stock Market (“NASDAQ”) under the symbol, “NRIM.” The Company is regulated by the Board of Governors of the Federal Reserve System, (the “FRB”). We began banking operations in Anchorage in December 1990, and formed the Company as an Alaska corporation in connection with our reorganization into a holding company structure; that reorganization was completed effective December 31, 2001. The Company has grown to be the third largest commercial bank in Alaska in terms of deposits, with $2.8 billion in total deposits and $3.3 billion in total assets at December 31, 2025.
Effective October 31, 2024, the Company completed its acquisition of Sallyport Commercial Finance, LLC (“SCF”), and its subsidiaries. SCF provides factoring, asset based lending, and alternative working capital lending to businesses throughout the United States and, through its subsidiaries and affiliates, to businesses in Canada and the United Kingdom.
The Company’s primary objective is to be Alaska's most trusted financial institution by adding value for our customers, communities, and shareholders. We aspire to be Alaska's premier bank and employer of choice as a leader in financial expertise, products, and services. We value our state, and we are proud to be Alaskan. We embody Alaska's frontier spirit and values, and we support our communities.
Quoted from its 10-K, filed 6 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Banks
- Listed since
- 15 Nov 1990
- Employees
- 516
- Website
- northrim.com ↗
- Head office
- P O BOX 241489, ANCHORAGE, AK, 99524-1489
- Incorporated in
- AK
- Classification
- Savings Institution, Federally Chartered
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. Joseph SchierhornChairman of the Board of Company and of the Bank, since 2001$683,129
- Mr. Michael HustonPresident, Chief Executive Officer, Chief Operating Officer, Director, President and Chief Executive Officer of the Bank, since 2017$1.1m
- Mr. Jed BallardChief Financial Officer, Executive Vice President of the Company and the Bank$696,129
- Mr. Jason CriquiExecutive Vice President, Chief Banking Officer of the Bank$505,961
- Ms. Mark EdwardsExecutive Vice President, Chief Credit Officer of the Bank and Bank Economist$516,039
- Ms. Amber ZinsExecutive Vice President, Chief Operating Officer of the Bank$614,710
- Mr. John SwallingLead Independent Director$96,500
- Mr. Anthony DrabekIndependent Director$75,100
- Mr. Karl HannemanIndependent Director$75,950
- Ms. Shauna HegnaIndependent Director
- Mr. David KarpIndependent Director$74,250
- Mr. Joseph MarushackIndependent Director$75,100
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 54
- Environment
- 29
- Social
- 71
- Governance
- 63
- Women in the workforce
- 66%
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Northrim BanCorp Inc enjoys several strengths which contribute to its success in the market. These include:
Weaknesses
- Despite its strengths, Northrim BanCorp Inc also faces certain weaknesses that need to be addressed. These weaknesses include:
Opportunities
- There are several opportunities available for Northrim BanCorp Inc to capitalize on and further enhance its business prospects. These opportunities include:
Threats
- Northrim BanCorp Inc faces certain threats that could potentially hinder its growth and profitability. These threats include:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.