Institution Statistics
| FDIC Certificate # | 33216 | | BankRate Report | View | | Year Established | 1990 | | Employees | 286 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $984.36 million | | Loans | $639.83 million | | Deposits | $840.13 million | | Equity Capital | $121.72 million | | Loan Loss Allowance | $14.05 million | | Unbacked Noncurrent Loans | $15.57 million | | Real Estate Owned | $16.07 million |
Historic Data - March 2009 | | Assets | $988.93 million | | Equity Capital | $116.23 million | | Loan Loss Allowance | $14.05 million | | Unbacked Noncurrent Loans | $20.42 million | | Real Estate Owned | $13.74 million |
Profit Margin - Quarterly | | Net Interest Margin | 5.39% | | Return on Assets | 0.89% | | Return on Equity | 7.27% | | Interest Income | $13.13 million |
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Institution Health
Overall Score:
4 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2010 Northrim Bank had $31.63 million in non-current loans and owned real-estate with $135.76 million in equity and loan loss allowances on hand to cover it. This gives Northrim Bank a Texas Ratio of 23.30% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend | | | The Texas Ratio for Northrim Bank decreased slightly from 26.22% as of March 31, 2009 to 23.30% as of March 31, 2010, resulting in a positive change of 11.14%.This indicates that the balance sheet and financial strength for Northrim Bank has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, Northrim Bank has decreased it's total deposits by -$6.23 million, resulting in -0.74% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Northrim Bank has shown is average. | | Capitalization | | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Northrim Bank has $984.36 million in assets with $135.76 million in equity, resulting in a capitalization level of 13.79%, which is average. |
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