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Northrim BanCorp to Present At the Rodman & Renshaw Annual Global Investment Conference

  • Press Release
  • Source: Northrim BanCorp, Inc.
  • On 4:00 pm EDT, Wednesday August 26, 2009

ANCHORAGE, Alaska, Aug. 26, 2009 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (Nasdaq:NRIM - News) today announced plans to present at the Rodman & Renshaw Annual Global Investment Conference in New York City. Joe Beedle, Northrim Bank's President, and Joe Schierhorn, Chief Financial Officer, will present on Thursday, September 10, 2009 at 3:15 p.m. EDT. Interested investors may listen to the presentation at www.northrim.com.

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NRIM15.79-0.27
Chart for Northrim BanCorp Inc
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Northrim recently reported second quarter 2009 profits were $1.9 million, or $0.29 per diluted share, compared to $2.0 million, or $0.31 per diluted share, in the first quarter of 2009, and up 30% from $1.4 million, or $0.22 per diluted share, in the second quarter of 2008. For the first half of 2009, profits grew 7% to $3.8 million, or $0.60 per diluted share, compared to $3.6 million, or $0.55 per diluted share, in the first six months of 2008.

About the Rodman & Renshaw Annual Global Investment Conference

The Rodman & Renshaw Annual Global Investment Conference will be held at the New York Palace Hotel September 9th - 11th. For more information on the conference, please visit: http://www.rodm.com/conferences.

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. In June 2009, Northrim Bancorp was added to the Russell 2000 Index, a subset of the Russell 3000 Index. Both indices are widely used by professional money managers as benchmarks for investment strategies.

www.northrim.com

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

Contact:

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

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