Northrim: 2Q Earnings Snapshot
ANCHORAGE, Alaska (AP) _ Northrim BanCorp Inc. (NRIM) on Monday reported second-quarter profit of $5.8 million.
The bank, based in Anchorage, Alaska, said it had earnings of 84 cents per share.
The holding company for Northrim Bank posted revenue of $23.9 million in the period. Its revenue net of interest expense was $23.3 million, which topped Street forecasts.
Northrim shares have climbed 16 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $39.25, an increase of 36 percent in the last 12 months.