Northrim BanCorp, Inc. (NRIM)

45.42 -0.49 (-1.07%) As of 04:00PM EDT. Market open.

Northrim BanCorp, Inc.

3111 C Street
Anchorage, AK 99503
United States
907 562 0062
https://www.northrim.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 472

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Michael G. Huston	President, COO & CEO	556.91k	N/A	1968
Ms. Lynn A. Wolfe	Executive VP & Chief Administrative Officer	N/A	N/A	N/A
Ms. Caroline Huntley	Marketing Officer	N/A	N/A	N/A
Ms. Kari Skinner	Senior VP & Marketing and Communications Director	N/A	N/A	N/A
Ms. Latosha M. Frye	Senior VP & Corporate Accounting Manager	323.87k	N/A	1979
Mr. Mark D. Edwards	Executive VP, Chief Credit Officer & Bank Economist	N/A	N/A	N/A
Mr. Jason Criqui	Executive VP & Chief Lending Officer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates through two segments, Community Banking and Home Mortgage Lending. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts. It also provides short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans, as well as short-term working capital. In addition, the company offers other services comprising consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, it provides mobile web and app banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox, card control, corporate purchase cards, integrated payables, home equity advantage access cards, telebanking, and automated teller services. Additionally, the company offers personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking, automatic transfer and payment, People Pay, external transfer, Bill Pay, wire transfer, direct payroll deposit, electronic tax payment, Automated Clearing House origination and receipt, remote deposit capture, account reconciliation and positive pay, merchant, cash management, annuity, and long-term investment portfolio products and services. It also provides investment advisory, trust, wealth management, factoring, and mortgage services. The company was founded in 1990 and is headquartered in Anchorage, Alaska.

Corporate governance

Northrim BanCorp, Inc.’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 7; Board: 6; Shareholder rights: 1; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.