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Parent Company Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract] |
Balance Sheets |
Balance Sheets at December 31, | 2018 |  | 2017
(In Thousands) |
Assets |  |  |
Cash and cash equivalents |  | $18,314 |  |  |  | $15,872 |
Marketable equity securities | 7,265 |  |  | 5,731 |
Investment in Northrim Bank | 181,781 |  |  | 177,824 |
Investment in NISC | 1,501 |  |  | 1,469 |
Investment in NST2 | 310 |  |  | 310 |
Taxes receivable, net | 6,914 |  |  | 992 |
Other assets | 800 |  |  | 1,951 |
Total Assets |  | $216,885 |  |  |  | $204,149 |
Liabilities |  |  |
Junior subordinated debentures |  | $10,310 |  |  |  | $10,310 |
Other liabilities | 628 |  |  | 1,037 |
Total Liabilities | 10,938 |  |  | 11,347 |
Shareholders' Equity |  |  |
Common stock | 6,883 |  |  | 6,872 |
Additional paid-in capital | 62,132 |  |  | 61,793 |
Retained earnings | 137,452 |  |  | 124,322 |
Accumulated other comprehensive loss | (520 | ) |  | (185 | )
Total Shareholders' Equity | 205,947 |  |  | 192,802 |
Total Liabilities and Shareholders' Equity |  | $216,885 |  |  |  | $204,149 |
Statements of Income |
Statements of Income for Years Ended: | 2018 |  | 2017 |  | 2016
(In Thousands) |
Income |  |  |  |  |
Interest income |  | $477 |  |  |  | $408 |  |  |  | $369 |
Equity in undistributed earnings from Northrim Bank | 20,888 |  |  | 14,055 |  |  | 14,969 |
Equity in undistributed earnings from NISC | 166 |  |  | 122 |  |  | 95 |
Loss on marketable equity securities | (625 | ) |  | — |  |  | — |
Other income | 5 |  |  | — |  |  | — |
Total Income |  | $20,911 |  |  |  | $14,585 |  |  |  | $15,433 |
Expense |  |  |  |  |
Interest expense | 389 |  |  | 516 |  |  | 534 |
Administrative and other expenses | 2,524 |  |  | 2,242 |  |  | 2,050 |
Total Expense | 2,913 |  |  | 2,758 |  |  | 2,584 |
Income Before Benefit from Income Taxes | 17,998 |  |  | 11,827 |  |  | 12,849 |
Benefit from income taxes | (2,006 | ) |  | (1,324 | ) |  | (1,562 | )
Net Income |  | $20,004 |  |  |  | $13,151 |  |  |  | $14,411 |
Statements of Cash Flows |
Statements of Cash Flows for Years Ended: | 2018 |  | 2017 |  | 2016
(In Thousands) |
Operating Activities: |  |  |  |  |
Net income |  | $20,004 |  |  |  | $13,151 |  |  |  | $14,411 |
Adjustments to Reconcile Net Income to Net Cash: |  |  |  |  |
Equity in undistributed earnings from subsidiaries | (20,920 | ) |  | (14,132 | ) |  | (15,201 | )
Change in fair value marketable equity securities | 625 |  |  | — |  |  | — |
Stock-based compensation | 816 |  |  | 665 |  |  | 778 |
Changes in other assets and liabilities | (6,428 | ) |  | 207 |  |  | (1,653 | )
Net Cash Used from Operating Activities | (5,903 | ) |  | (109 | ) |  | (1,665 | )
Investing Activities: |  |  |  |  |
Purchases of marketable equity securities | (3,000 | ) |  | (499 | ) |  | (1,373 | )
Proceeds from sales/calls/maturities of marketable equity securities | 783 |  |  | — |  |  | — |
Investment in Northrim Bank, NISC, NCT1 & NST2 | 17,877 |  |  | 11,989 |  |  | 10,115 |
Net Cash Provided by Investing Activities | 15,660 |  |  | 11,490 |  |  | 8,742 |
Financing Activities: |  |  |  |  |
Dividends paid to shareholders | (7,064 | ) |  | (5,965 | ) |  | (5,372 | )
Proceeds from issuance of common stock and excess tax benefits | 243 |  |  | 100 |  |  | — |
Repurchase of common stock | (494 | ) |  | (1,607 | ) |  | — |
Net Cash Used from Financing Activities | (7,315 | ) |  | (7,472 | ) |  | (5,372 | )
Net change in Cash and Cash Equivalents | 2,442 |  |  | 3,909 |  |  | 1,705 |
Cash and Cash Equivalents at beginning of year | 15,872 |  |  | 11,963 |  |  | 10,258 |
Cash and Cash Equivalents at end of year |  | $18,314 |  |  |  | $15,872 |  |  |  | $11,963 |

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