ANCHORAGE, Alaska (AP) _ Northrim BanCorp Inc. (NRIM) on Monday reported third-quarter net income of $7.5 million.
The Anchorage, Alaska-based bank said it had earnings of $1.11 per share.
The holding company for Northrim Bank posted revenue of $28.3 million in the period. Its revenue net of interest expense was $26.8 million, exceeding Street forecasts.
Northrim shares have risen 14% since the beginning of the year. In the final minutes of trading on Monday, shares hit $37.53, an increase of slightly more than 1% in the last 12 months.