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Northrim Bancorp Inc

Northrim Bancorp, Inc. is a publicly traded company based in the United States. It is a bank holding company for Northrim Bank, which provides a range of financial services to individuals, businesses, and public entities in Alaska.

Northrim Bancorp's common stock is listed on the NASDAQ Global Select Market under the ticker symbol "NRIM." The company has a market capitalization of around $650 million as of February 2023.

The company's business is primarily focused on commercial banking, and it offers a range of services including commercial loans, real estate loans, consumer loans, and deposit products. Northrim Bank also provides treasury management, wealth management, and trust services.

Northrim Bancorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska. As of 2021, it had over 30 branches located throughout the state of Alaska.

The company's financial performance has been solid in recent years, with steady growth in assets, loans, and deposits. In 2021, Northrim Bancorp reported net income of $43.3 million, up from $37.2 million in 2020.

Overall, Northrim Bancorp, Inc. is a well-established and profitable bank holding company with a strong presence in the Alaskan market. Investors interested in the financial sector may want to consider adding NRIM to their watchlist. However, as with any investment, it's important to conduct thorough research and consider seeking advice from a financial advisor.