{"id":393527,"date":"2020-12-04T09:03:19","date_gmt":"2020-12-04T14:03:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=393527"},"modified":"2020-12-04T09:03:19","modified_gmt":"2020-12-04T14:03:19","slug":"northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/","title":{"rendered":"Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share"},"content":{"rendered":"
\n

ANCHORAGE, Alaska, Dec. 04, 2020 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.35 per share. The dividend will be payable on December 24, 2020, to shareholders of record at the close of business on December 17, 2020.<\/p>\n

\u201cWe continue to provide value to our shareholders through consistent quarterly cash dividends,\u201d said Joe Schierhorn, President and CEO. At the stock price of $32.24 per share at the close of the market on December 3, 2020, the current dividend equates to a yield of 4.34% on an annualized basis.<\/p>\n

On October 26, 2020, Northrim reported earnings of $11.9 million, or $1.84 per diluted share, in the third quarter of 2020, compared to $9.9 million, or $1.52 per diluted share, in the second quarter of 2020, and $7.5 million, or $1.11 per diluted share, in the third quarter a year ago. Increased production in the Home Mortgage Lending segment and fee and interest income from the Small Business Administration’s Paycheck Protection Program loans, as well as loan and deposit growth contributed to profitability for the quarter.<\/p>\n

\n About <\/strong>
\n Northrim<\/strong>
\n BanCorp<\/strong>\n <\/p>\n

Northrim BanCorp, Inc. is the parent company of Northrim Bank, an Alaska-based community bank with 16 branches in Anchorage, the Matanuska Valley, Juneau, Fairbanks, Ketchikan, Sitka and Soldotna, and a loan production office in Kodiak, serving 90% of Alaska\u2019s population; and an asset based lending division in Washington; and a wholly-owned mortgage brokerage company, Residential Mortgage Holding Company, LLC. The Bank differentiates itself with its detailed knowledge of Alaska\u2019s economy and its \u201cCustomer First Service\u201d philosophy. Pacific Wealth Advisors, LLC is an affiliated company of Northrim BanCorp.<\/p>\n

\n
\n www.northrim.com<\/strong>
\n <\/a>\n <\/p>\n\n\n\n\n\n
\n Contact:<\/em>\n <\/td>\nJoe Schierhorn, President, CEO, and COO<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n (907) 261-3308<\/em>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\nJed Ballard, Chief Financial Officer<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n (907) 261-3539<\/em>\n <\/td>\n<\/tr>\n<\/table>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

ANCHORAGE, Alaska, Dec. 04, 2020 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.35 per share. The dividend will be payable on December 24, 2020, to shareholders of record at the close of business on December 17, 2020. \u201cWe continue to provide value to our shareholders through consistent quarterly cash dividends,\u201d said Joe Schierhorn, President and CEO. At the stock price of $32.24 per share at the close of the market on December 3, 2020, the current dividend equates to a yield of 4.34% on an annualized basis. On October 26, 2020, Northrim reported earnings of $11.9 million, or $1.84 per diluted share, in the third … <\/p>\n

Continue reading “Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-393527","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNorthrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ANCHORAGE, Alaska, Dec. 04, 2020 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.35 per share. The dividend will be payable on December 24, 2020, to shareholders of record at the close of business on December 17, 2020. \u201cWe continue to provide value to our shareholders through consistent quarterly cash dividends,\u201d said Joe Schierhorn, President and CEO. At the stock price of $32.24 per share at the close of the market on December 3, 2020, the current dividend equates to a yield of 4.34% on an annualized basis. On October 26, 2020, Northrim reported earnings of $11.9 million, or $1.84 per diluted share, in the third … Continue reading "Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-04T14:03:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NjY4MSMzODU2MTgxIzIwMjYzMjA=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share\",\"datePublished\":\"2020-12-04T14:03:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\\\/\"},\"wordCount\":284,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5NjY4MSMzODU2MTgxIzIwMjYzMjA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\\\/\",\"name\":\"Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5NjY4MSMzODU2MTgxIzIwMjYzMjA=\",\"datePublished\":\"2020-12-04T14:03:19+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5NjY4MSMzODU2MTgxIzIwMjYzMjA=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODA5NjY4MSMzODU2MTgxIzIwMjYzMjA=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/","og_locale":"en_US","og_type":"article","og_title":"Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share - Market Newsdesk","og_description":"ANCHORAGE, Alaska, Dec. 04, 2020 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.35 per share. The dividend will be payable on December 24, 2020, to shareholders of record at the close of business on December 17, 2020. \u201cWe continue to provide value to our shareholders through consistent quarterly cash dividends,\u201d said Joe Schierhorn, President and CEO. At the stock price of $32.24 per share at the close of the market on December 3, 2020, the current dividend equates to a yield of 4.34% on an annualized basis. On October 26, 2020, Northrim reported earnings of $11.9 million, or $1.84 per diluted share, in the third … Continue reading \"Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-04T14:03:19+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NjY4MSMzODU2MTgxIzIwMjYzMjA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share","datePublished":"2020-12-04T14:03:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/"},"wordCount":284,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NjY4MSMzODU2MTgxIzIwMjYzMjA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/","name":"Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NjY4MSMzODU2MTgxIzIwMjYzMjA=","datePublished":"2020-12-04T14:03:19+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NjY4MSMzODU2MTgxIzIwMjYzMjA=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA5NjY4MSMzODU2MTgxIzIwMjYzMjA="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/northrim-bancorp-inc-declares-quarterly-cash-dividend-of-0-35-per-share-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.35 per Share"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/393527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=393527"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/393527\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=393527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=393527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=393527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}