Northrim: 4Q Earnings Snapshot
ANCHORAGE, Alaska (AP) _ Northrim BanCorp Inc. (NRIM) on Monday reported net income of $4.8 million in its fourth quarter.
The Anchorage, Alaska-based bank said it had earnings of 69 cents per share.
The holding company for Northrim Bank posted revenue of $24.9 million in the period. Its revenue net of interest expense was $23.9 million, which topped Street forecasts.
For the year, the company reported profit of $20 million, or $2.86 per share. Revenue was reported as $93.4 million.
Northrim shares have climbed 3 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $33.89, falling slightly in the last 12 months.