Northrim BanCorp (NRIM) Reports Q1 EPS of $0.51
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April 28, 2015 4:00 PM EDT
ANCHORAGE, Alaska, April 28, 2015 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (Nasdaq: NRIM) ("Northrim") today reported that loan and deposit growth coupled with contributions from the two acquisitions completed in 2014 generated increased profitability in the first quarter of 2015 as compared to the same period a year ago. Net income in the first quarter of 2015 improved to $3.6 million, or $0.51 per diluted share, compared to $2.7 million, or $0.40 per diluted share, in the first quarter of 2014. Contributions from the second quarter 2014 acquisition of Alaska Pacific Bancshares, Inc. ("Alaska Pacific") and the fourth quarter 2014 acquisition of Residential Mortgage Holding Company, LLC... More
April 28, 2015 4:00 PM EDT
ANCHORAGE, Alaska, April 28, 2015 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (Nasdaq: NRIM) ("Northrim") today reported that loan and deposit growth coupled with contributions from the two acquisitions completed in 2014 generated increased profitability in the first quarter of 2015 as compared to the same period a year ago. Net income in the first quarter of 2015 improved to $3.6 million, or $0.51 per diluted share, compared to $2.7 million, or $0.40 per diluted share, in the first quarter of 2014. Contributions from the second quarter 2014 acquisition of Alaska Pacific Bancshares, Inc. ("Alaska Pacific") and the fourth quarter 2014 acquisition of Residential Mortgage Holding Company, LLC... More
