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. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.2 on a scale of 0 to 10).
Other Rating Factors:
Good current capitalization (6.0 on a scale of 0 to 10) based on a risk-based capital ratio of 10.8 and a capital leverage ratio of 8.0. A current level of 5.5 percent of nonperforming loans to core capital combined with 1.9 percent from a year earlier contributes to the Good asset quality (5.6).
Asset Mix:
Comm re (31%), comm loans (18%), securities (14%), home mtgs (10%), cash (6%), 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) 562-0062
Year Founded
1990
FDIC Number
Website
Largest Affiliates
No affiliate information available.