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View Northrim's Presentation at the West Coast Financial Services Conference

Go to www.sandleroneill.com to view Joe Beedle’s presentation at the 2010 West Coast Financial Services Conference on Tuesday, March 2, at 6:45 a.m. AST. You may view the conference live, download company profiles, or watch the archived presentation and panel discussions, which will be available for 30 days. The View Webcast registration link, as well as a complete agenda, may be found on the Conferences page of the Sandler O’Neill website.

 



February 23, 2010

Northrim BanCorp to Present at Sandler O'Neill Conference


    Joe Beedle

ANCHORAGE, Alaska, Feb. 23, 2010 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (Nasdaq:NRIM) today announced Joseph Beedle, President, is scheduled to participate in a Pacific Northwest Bank Panel at the Sandler O'Neill & Partners 2010 West Coast Financial Services Conference, which will be held March 1-3, 2010, at The Ritz-Carlton in Marina Del Rey, Los Angeles, California.

Beedle's presentation at the conference is scheduled for Tuesday, March 2, at 6:45 a.m. AST. (10:45 a.m. EST). The conference will be available in its entirety, both live and via 30-day replay, at www.sandleroneill.com.

Northrim recently reported a 27% growth in profits to $7.7 million, or $1.20 per diluted share, for the full year ending December 31, 2009. Northrim, which has not accepted money from the U.S. Treasury's Troubled Asset Relief Program, remains well capitalized with Tier 1 Capital/risk adjusted assets of 13.98% at December 31, 2009, compared to 12.65% a year ago.

About Northrim BanCorp
Northrim BanCorp, Inc. is the parent company of Northrim Bank, a commercial bank that provides personal and business banking services through locations in Anchorage, Eagle River, Wasilla, and Fairbanks, Alaska, and a factoring/asset based lending division in Washington. The bank differentiates itself with a "Customer First Service" philosophy. Affiliated companies include Elliott Cove Capital Management, LLC; Residential Mortgage, LLC; Northrim Benefits Group, LLC, and Pacific Wealth Advisors, LLC. In June 2009, Northrim Bancorp was added to the Russell 2000 Index, a subset of the Russell 3000 Index. Both indices are widely used by professional money managers as benchmarks for investment strategies.