XML 85 R35.htm IDEA: XBRL DOCUMENT v2.4.1.9
Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Data [Abstract]  
Quarterly Results of Operations (Unaudited)
Quarterly Results of Operations (Unaudited)
2014 Quarter Ended
Dec. 31

Sept. 30

June 30

March 31
 (In Thousands Except Per Share Amounts)

Total interest income

$15,178



$14,212



$13,895



$11,673

Total interest expense
642


487


484


440

Net interest income
14,536


13,725


13,411


11,233

Provision (benefit) for loan losses
500




(1,136
)


Other operating income
8,764


4,934


4,106


2,734

Other operating expense
14,005


13,110


11,950


10,309

Income before provision for income taxes
8,795


5,549


6,703


3,658

Provision for income taxes
1,991


1,651


2,239


955

Net Income
6,804


3,898


4,464


2,703

Less: Net income attributable to the noncontrolling interest
130


191


95


45

Net income attributable to Northrim Bancorp

$6,674



$3,707



$4,369



$2,658

Earnings per share, basic

$0.98



$0.54



$0.64



$0.41

Earnings per share, diluted

$0.97



$0.53



$0.63



$0.40

 
 
 
 
 
 
 
 
2013 Quarter Ended
Dec. 31

Sept. 30

June 30

March 31
 (In Thousands Except Per Share Amounts)

Total interest income

$12,018



$11,524



$11,440



$11,092

Total interest expense
497


502


511


530

Net interest income
11,521


11,022


10,929


10,562

Provision for loan losses


(785
)



150

Other operating income
2,802


3,243


3,702


3,139

Other operating expense
10,702


10,076


9,391


9,697

Income before provision for income taxes
3,621


4,974


5,240


3,854

Provision for income taxes
1,042


1,510


1,635


1,090

Net Income
2,579


3,464


3,605


2,764

Less: Net income attributable to the noncontrolling interest
(102
)

(10
)

109


90

Net income attributable to Northrim Bancorp

$2,681



$3,474



$3,496



$2,674

Earnings per share, basic

$0.41



$0.53



$0.54



$0.41

Earnings per share, diluted

$0.40



$0.53



$0.53



$0.41