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Northrim BanCorp Inc

Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates through three segments: Community Banking, Home Mortgage Lending, and Specialty Finance. The company offers noninterest-bearing checking accounts and interest-bearing time deposits, checking and savings accounts, individual retirement and money market deposit accounts, certificates of deposit, and business sweep accounts. It also provides short and medium-term commercial loans, commercial credit lines, construction and real estate loans, and consumer loans, as well as short and medium-term working capital. In addition, the company offers consumer and business online banking, mobile app, and mobile deposits; and debit and credit cards. Further, it provides mobile web and app banking, consumer online account opening, personal finance, online documents, consumer debit cards, business debit cards, my rewards for consumer debit cards, retail lockbox services, card control, corporate purchase cards, integrated payables, home equity advantage access cards, telebanking, and automated teller services. Additionally, the company offers personalized checks at account opening, overdraft protection from a savings account, commercial drive-up banking, automatic transfer and payment, external transfer, bill pay, wire transfer, direct payroll deposit, electronic tax payment, automated clearing house origination and receipt, remote deposit capture, account reconciliation and positive pay, merchant, cash management, annuity, and long-term investment portfolio products and services. It also provides investment advisory, trust, wealth management, factoring, and mortgage services. The company was founded in 1990 and is headquartered in Anchorage, Alaska.

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Halper Sadeh LLC Investigates Whether SAFT, NEUP, RMAX, NRIM Are Obtaining Fair Deals for Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating four companies for potential violations of federal securities laws or breaches of fiduciary duties to shareholders. The investigations concern Safety Insurance Group Inc.'s sale to an affiliate of Mapfre S.A. for $105.00 per share in cash, Neuphoria Therapeutics Inc.'s merger with Scancell Holdings plc where Neuphoria shareholders would own 14.5% of the combined company, RE/MAX Holdings Inc.'s sale to The Real Brokerage Inc. for either 5.152 shares of the combined company or $13.80 in cash per share, and Northrim BanCorp Inc.'s merger with PBCO Financial Corporation. The firm notes that insiders may receive substantial financial benefits not available to ordinary shareholders and that the proposed transactions may contain terms limiting superior competing offers. Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief on behalf of shareholders.
NEUP ▼NRIM ▼RMAX ▼SAFT ▼0NQ2.LSE SCLP.LSE
GlobeNewswire·27dRead more ▾
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Monteverde Law Firm Investigates Mergers of Northrim Bancorp, Neuphoria Therapeutics, Safety Insurance, and RE/MAX

Class action attorney Juan Monteverde of Monteverde & Associates PC announced investigations into four proposed mergers. The firm is examining Northrim Bancorp's merger with PBCO Financial Corporation, Neuphoria Therapeutics' merger with Scancell Holdings where Neuphoria stockholders would own 11.1% of the combined company, Safety Insurance Group's sale to a Mapfre affiliate at $105.00 per share in cash, and RE/MAX Holdings' sale to The Real Brokerage where shareholders may receive 5.152 shares of the combined company or $13.80 in cash per share. The RE/MAX shareholder vote is scheduled for August 14, 2026. Monteverde & Associates PC, a national class action securities firm headquartered at the Empire State Building, has recovered millions of dollars for shareholders and was recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report.
NEUP NRIM RMAX SAFT SCLP.LSE
GlobeNewswire·27dRead more ▾
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Halper Sadeh LLC Investigates Whether UTZ, BLFS, NRIM Are Obtaining Fair Deals for Their Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether Utz Brands, BioLife Solutions, and Northrim BanCorp are obtaining fair deals for their shareholders. The firm is examining Utz Brands' sale to Intersnack Group GmbH & Co. KG for $14.25 per share in cash, BioLife Solutions' sale to Repligen Corporation for $11.25 per share in cash and 0.1442 shares of Repligen common stock, and Northrim BanCorp's merger with PBCO Financial Corporation. Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief on behalf of shareholders. The firm notes that insiders may receive substantial financial benefits not available to ordinary shareholders and that the proposed transactions may contain terms limiting superior competing offers. Shareholders are encouraged to contact the firm at no cost to discuss their legal rights and options.
BLFS NRIM UTZ RGEN
GlobeNewswire·28dRead more ▾
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Northrim BanCorp strikes $167.3M all-stock deal for PBCO Financial

Northrim BanCorp has agreed to acquire PBCO Financial, the parent of People's Bank of Commerce, in an all-stock deal valued at approximately $167.3 million. PBCO shareholders will receive 1.160 Northrim shares for each PBCO share, implying a per-share value of $32.36 based on Northrim's July 21 closing price, and will own about 21.1% of the combined company. The acquisition expands Northrim's footprint into Southern Oregon and the Willamette Valley through People's Bank's 11 branches. The combined company is expected to have roughly $4.2 billion in assets, $3 billion in loans, and $3.5 billion in deposits. The deal is expected to close in the fourth quarter of 2026 or early first quarter of 2027.
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