ANCHORAGE, Alaska (AP) _ Northrim BanCorp Inc. (NRIM) on Monday reported second-quarter profit of $9.9 million.
The Anchorage, Alaska-based bank said it had earnings of $1.52 per share.
The holding company for Northrim Bank posted revenue of $36.5 million in the period. Its revenue net of interest expense was $35 million, which beat Street forecasts.
Northrim shares have fallen 42% since the beginning of the year. In the final minutes of trading on Monday, shares hit $22.34, a decrease of 39% in the last 12 months.