Major Rating Factors:
Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 1.8 has resulted in Excellent (8.9) profitability. Excellent current capitalization (7.9 on a scale of 0 to 10) based on a risk-based capital ratio of 12.8 and a capital leverage ratio of 9.6.
Other Rating Factors:
A current level of 4.3 percent of nonperforming loans to core capital combined with 4.8 percent from a year earlier contributes to the Good asset quality (5.9). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Asset Mix:
Comm re (32%), comm loans (18%), securities (14%), home mtgs (11%), cash (4%), home eq lns (2%), consumer loans (0%), other (19%)
States with Branches:
AK
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Northrim BanCorp, Inc.
Investment Rating
Address
3111 C Street
Anchorage, AK 99503
Anchorage, AK 99503
Phone Number
(907) 261-4624
Year Founded
1990
FDIC Number
Website
Largest Affiliates
No affiliate information available.