NRIM - Northrim BanCorp, Inc.

NasdaqGS - NasdaqGS Delayed Price. Currency in USD

Northrim BanCorp, Inc.

3111 C Street
Anchorage, AK 99503
United States
907-562-0062
http://www.northrim.com

SectorFinancial
IndustryRegional - Pacific Banks
Full Time Employees451

Key Executives

NameTitlePayExercisedAge
Mr. Joseph M. SchierhornCEO, Pres, COO & Director454.26k6.76k59
Ms. Latosha M. FryeCFO & Exec. VP259.32kN/A38
Mr. Michael A. MartinExec. VP, Gen. Counsel & Corp. Sec.239.22kN/A50
Mr. Benjamin D. CraigChief Information Officer & Exec. VP of Northrim Bank274.98kN/A42
Ms. Lynn A. WolfeChief Admin. Officer and Exec. VP of Northrim BankN/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Northrim BanCorp, Inc. operates as bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals primarily in Alaska. The company operates in two segments, Community Banking and Home Mortgage Lending. It offers various deposit products, including noninterest-bearing checking accounts and interest-bearing time deposits, checking accounts, and savings accounts, as well as money market deposit accounts, certificates of deposit, and courier noncash deposits. The company also provides family residential mortgages; commercial loans, such as secured and unsecured loans for working capital and expansion; commercial real estate loans; construction loans for commercial real estate projects, and land development and residential subdivision construction loans; and consumer loans comprising loans for automobiles, recreational vehicles, boats, and other consumer purchases, as well as home equity and commercial credit lines, and factoring services. In addition, it offers other services comprising consumer online banking, mobile app and mobile deposit, mobile Web and text banking, business online banking, online statements, consumer and business debit cards, cash back rewards, personalized checks at account opening, telebanking, automated teller, overdraft protection from a savings account, commercial drive-up banking, automatic transfers and payments, wire transfers, direct payroll deposit, electronic tax payments, automated clearing house origination and receipt, remote deposit capture, merchant, cash management, and courier agency services, as well as insurance brokerage services, annuity products, and long term investment portfolios. As of February 24, 2017, the company operated 14 branches in Anchorage, the Matanuska Valley, Juneau, Fairbanks, Ketchikan, and Sitka, as well as 15 mortgage origination offices. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.

Corporate Governance

Northrim BanCorp, Inc.’s ISS Governance QualityScore as of September 1, 2017 is 2. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 2; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.