Northrim BanCorp to Present At the Sterne Agee 4th Annual Financial Services Symposium

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ANCHORAGE, Alaska, Feb. 2, 2009 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NasdaqGS:NRIM - News) today announced plans to participate in a Pacific Northwest Bank Panel discussion at the Sterne Agee 4th Annual Financial Services Symposium. Marc Langland, Northrim's President and Chief Executive Officer, together with the rest of the panel, will present on Monday, February 9, 2009, at 9:50 AM (EST).

Northrim recently reported net income of $6.1 million for 2008, or $0.93 per diluted share, earnings of $946,000, or $0.14 per diluted share for the fourth quarter of 2008, and Tier 1 Capital/risk adjusted assets of 12.65% at December 31, 2008.

Stern Agee's 4th Annual Financial Services Symposium is scheduled for Monday and Tuesday, February 9 and 10, 2009 at The Peabody, 9801 International Drive, Orlando, Florida 32819. Tel: 407.352.4000. Founded in 1901, Sterne Agee has been providing key investment opportunities for over a century.

About Northrim BanCorp

Northrim BanCorp, Inc. is the parent company of Northrim Bank, a commercial bank that provides personal and business banking services through locations in Anchorage, Eagle River, Wasilla, and Fairbanks, Alaska, and an asset based lending division in Washington. The bank differentiates itself with a ``Customer First Service'' philosophy. Affiliated companies include Elliott Cove Capital Management, LLC; Residential Mortgage, LLC; Northrim Benefits Group, LLC; and Pacific Wealth Advisors, LLC.

The Northrim BanCorp, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3818

          Northrim BanCorp, Inc.
          Joe Schierhorn, Chief Financial Officer
          (907) 261-3308