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Northrim Bank

Anchorage, AK · Cert 33216 · Northrim Bcorp Inc.

State charter, non-member · FDIC · 21 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets operating in a single state3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets operating in a single state (n=257 to 258). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

50

Q2 2024Q2 2026peer median (50)

Asset Quality

43

Q2 2024Q2 2026peer median (50)

Profitability

93

Q2 2024Q2 2026peer median (50)

Liquidity

88

Q2 2024Q2 2026peer median

Efficiency

60

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Northrim Bank

Anchorage, AK · Cert 33216 · Northrim Bcorp Inc.

State charter, non-member · FDIC · 21 branches

Q2 2026

$3.4BAssets
$2.6BLoans
$2.9BDeposits
$385.5MEquity
Loan mix
76%RE $1.8B24%C&I $0.6B0%Consumer $0.0BQ3 2024Q2 2026
Deposit mix
72%Interest-bearing $2.1B28%Noninterest $0.8BQ3 2024Q2 2026

Market Position · Anchorage, AK · 2026 SOD (annual) · 20.8% share · #3 of 4 inst. · $2.0B of $9.7B

20.7% Anchorage
16.3% Fairbanks North Star
24.5% Juneau
21.0% Matanuska-Susitna

Executive Summary

  • Earnings: ROA of 1.98%, up 27 bps year over year; NIM at 5.19%.
  • Asset quality: problem loans at 0.89% of loans (+40 bps YoY), with net charge-offs at 0.02%.
  • Capital: tier 1 leverage ratio of 10.26%, up 266 bps from a year ago.
  • Funding: loans stand at 88.48% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.98%+27 bps YoY

Net Interest Margin (YTD, annualized)

5.19%+38 bps YoY

Efficiency Ratio (YTD, annualized)

57.16%-488 bps YoY

Tier 1 Leverage Ratio

10.26%+266 bps YoY

NIM

5.38%Q2 ’246.15%Q2 ’256.27%Q2 ’26+20%+8%

Non-interest income vs. expense

3.42%Q2 ’243.66%Q2 ’253.62%Q2 ’26+9%-4%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.29%1.31%1.82%1.71%1.84%1.80%1.91%1.98%+27 bps
Return on Equity16.44%16.30%20.96%19.49%20.74%19.37%17.15%17.64%-185 bps
Net Interest Margin3.98%3.96%4.80%4.81%4.94%4.90%5.12%5.19%+38 bps
Efficiency Ratio66.53%66.09%60.93%62.04%59.81%60.11%57.89%57.16%-488 bps
Non-Interest Burden2.25%2.19%2.57%2.57%2.51%2.51%2.50%2.48%-10 bps
Growth
Asset Growth (YoY)6.17%8.63%14.13%15.26%11.62%7.96%6.66%5.06%-1,021 bps
Loan Growth (YoY)17.12%21.99%25.91%22.85%14.62%10.17%6.79%6.19%-1,666 bps
Deposit Growth (YoY)7.82%7.23%13.53%13.40%10.12%5.34%3.73%4.19%-921 bps
Asset Quality
Nonperforming Loans / Loans0.23%0.50%0.51%0.49%0.56%0.48%0.58%0.89%+40 bps
Net Charge-Offs / Loans-0.01%-0.01%-0.01%0.03%0.09%0.16%0.03%0.02%-1 bps
Allowance / Loans0.92%1.13%n/an/an/an/an/an/an/a
Allowance Coverage of NPLs3.9x2.3xn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio8.01%7.24%7.59%7.60%7.95%9.61%10.08%10.26%+266 bps
Total Risk-Based Capital11.14%10.18%10.10%10.25%10.80%12.80%13.06%13.39%+314 bps
Equity / Assets8.04%8.62%n/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits80.57%84.45%85.68%86.81%83.86%88.33%88.21%88.48%+167 bps
Liquid Assets / Assets3.28%1.89%1.17%1.14%1.12%0.82%0.95%0.94%-20 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Northrim Bank

Anchorage, AK · Cert 33216 · Peer group: banks $1B-$10B in assets operating in a single state (n=257-258) · Northrim Bcorp Inc.

State charter, non-member · FDIC · 21 branches

Q2 2026

$3.4BAssets
$2.6BLoans
$2.9BDeposits
$385.5MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 98% of banks $1B-$10B in assets operating in a single state (rank 6 of 258).
  • Widest gap: nonperforming loans / loans trails 74% of banks $1B-$10B in assets operating in a single state (rank 191 of 258).
  • Overall: at or above the peer median on 6 of 9 directional measures.

Return on Assets

1.94%

Rank 21 of 258

Net Interest Margin

5.19%

Rank 6 of 258

Efficiency Ratio

57.16%

Rank 105 of 257

Equity / Assets

11.35%

Rank 85 of 258

Non-interest income vs. expense

$38.0M$120.4MINCOMEEXPENSE
Unfavorable gap of $82.4M · efficiency ratio beats 60% of banks $1B-$10B in assets operating in a single state
Bank 57.16%Peer median 60.3%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.94%0.93%1.23%1.54%Beats 92%21 / 258
Return on Equity17.10%9.26%11.84%14.74%Beats 89%29 / 258
Net Interest Margin5.19%3.16%3.49%3.88%Beats 98%6 / 258
Efficiency Ratio57.16%51.71%60.30%69.65%Beats 60%105 / 257
Asset Quality
Nonperforming Loans / Loans0.89%0.19%0.46%0.90%Beats 26%191 / 258
Net Charge-Offs / Loans0.02%0.01%0.02%0.07%Beats 60%105 / 258
Capital
Tier 1 Capital Ratio12.38%11.41%12.98%15.12%Beats 39%157 / 258
Total Risk-Based Capital Ratio13.39%12.10%13.91%16.08%Beats 43%146 / 258
Equity / Assets11.35%9.09%10.24%11.72%Beats 67%85 / 258
Liquidity & Funding
Loans / Deposits88.48%73.24%86.34%95.95%57th pctl110 / 258
Loans / Assets76.36%63.01%72.27%78.40%66th pctl88 / 258
Brokered Deposits / Depositsn/aNot reported for this institution