Northrim BanCorp (NRIM) Stock Ticks Up After $0.16 Dividend — The Small-Bank Signal to Watch
Northrim BanCorp shares rose 0.2% to $24.80 Friday after the Alaska bank declared a $0.16 per share quarterly dividend, payable June 18 to holders as of June 11. The bank reported first-quarter net income of $13.7 million and a net interest margin of 4.77%. Nonperforming assets increased to $15.3 million at March 31 from $11.4 million at year-end. Market value stood near $560 million.