Northrim Bank


Overview / Commentary
907-261-4624
3111 C Street
Anchorage, AK 99503

Northrim Bank is headquartered in ANCHORAGE and is the 2nd largest bank in the state of Alaska. It is also the 442nd largest bank in the nation. It was established in 1990 and as of June of 2023, it had grown to 490 employees at 19 locations. Northrim Bank has a B+ health rating.

Reviews (2)

Northrim Bank

I have been with Northrim Bank for over 6+ years, it was quick and easy to setup an account with them and the free gift was a nice stool that has been used since then. I had no difficulties or hold ups with them. Their website is extremely easy to use and check my accounts with. Their mobile application for android is also very nice, the interface works, and I've had no problems submitting my checks to them through the mobile app, the money entered the account within the next 1 - 2 business days. I also attempted to get a loan for a car, and they were quick and responsive with me, I ended up not going for the loan (not because of them though). No issues there. All and all I have had nothing but acceptable experiences with them.

Terrible Bank Take Your Business Elsewhere.

Posted by: |

Northrim banks claim to "customer first service" is a sham. They are all about big business and don't care about the problems of the individual banker. In some cases a bank will accept what is known as a "deed in leu" where you can give back a house when you have no other choice. I happen to know that Northrim accepted an entire housing development back from a big builder, When my septic system failed due to ground conditions after paying over $100,000 in interest over the coarse of the loan Northrim refused me, in fact they threatened to sue me if I couldn't keep making the payments. So remember that when you choose who to get your home loan from.



Health
B+

Health Grade Components

Overall
FDIC Certificate #33216
Year Established1990
Employees490
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD12.52%
Annual Interest Income$63.3MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$2.62B$2.60B
LoansQ2 2023vs Q2 2022$1.73B$1.47B
DepositsQ2 2023vs Q2 2022$2.33B$2.36B
Equity CapitalQ2 2023vs Q2 2022$191.4MM$187.7MM
Loan Loss AllowanceQ2 2023vs Q2 2022$15.6MM$11.5MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$5.3MM$7.3MM
Real Estate OwnedQ2 2023vs Q2 2022$273.00K$5.6MM
Rates

Rates for Northrim Bank are currently being reviewed.

Locations

Availability



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