Northrim Bancorp (NRIM) risk factors
Item 1A of every Northrim Bancorp Inc. 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
41 risks, 1 new, 6 dropped, 7 reworded since the prior year. Added a specific risk regarding share repurchase suspensions and regulatory capital constraints under Basel III and Dodd-Frank. Updated economic risks to explicitly cite the conflict in Iran and the U.S. government shutdown in November 2025. Incorporated new legislative references including the 2025 extension of tax laws and the GENIUS Act affecting digital assets.
Filed Mar 06, 2026 - FY2024 10-K risk factors
46 risks. Alaska geographic concentration makes the bank vulnerable to local real estate downturns and regional economic conditions. Commercial real estate loans comprise nearly half of the total loan portfolio, increasing credit risk. Acquisitions like SCF introduce goodwill impairment and integration risks.
Filed Mar 10, 2025