Northrim BanCorp (NRIM) 10-K 8 Mar 24 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2023	Mar. 08, 2024	Jun. 30, 2023
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	000-33501
Entity Registrant Name	NORTHRIM BANCORP, INC.
Entity Incorporation, State or Country Code	AK
Entity Tax Identification Number	92-0175752
Entity Address, Address Line One	3111 C Street
Entity Address, City or Town	Anchorage
Entity Address, State or Province	AK
Entity Address, Postal Zip Code	99503
City Area Code	907
Local Phone Number	562-0062
Title of 12(g) Security	Common Stock, $1.00 par value
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 212,552,889
Entity Common Stock, Shares Outstanding		5,499,578
Documents Incorporated by Reference	Portions of the registrant's Proxy Statement on Schedule 14A, relating to the registrant’s annual meeting of shareholders to be held on May 23, 2024, are incorporated by reference into Part III of this Form 10-K.
Amendment Flag	false
Entity Central Index Key	0001163370
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Trading Symbol	NRIM

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2023
Audit Information [Abstract]
Auditor Name	Moss Adams LLP
Auditor Location	Everett, Washington
Auditor Firm ID	659

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 27,457	$ 27,747
Interest bearing deposits in other banks	91,073	231,603
Investment securities available for sale, at fair value	637,936	677,029
Marketable equity securities	13,153	10,740
Investment securities held to maturity, at amortized cost	36,750	36,750
Investment in Federal Home Loan Bank stock, at cost	2,980	3,816
Loans held for sale	31,974	27,538
Loans	1,789,497	1,501,785
Allowance for credit losses, loans	(17,270)	(13,838)
Net loans	1,772,227	1,487,947
Purchased receivables, net	36,842	19,994
Premises and equipment, net	40,693	37,821
Operating lease right-of-use assets	9,092	9,868
Goodwill	15,017	15,017
Other intangible assets, net	950	967
Other assets	71,789	68,846
Total assets	2,807,497	2,674,318
Deposits:
Demand	749,683	797,434
Interest-bearing demand	927,291	767,686
Savings	255,338	320,917
Money market	221,492	308,317
Certificates of deposit less than $250,000	189,106	115,330
Certificates of deposit $250,000 and greater	142,145	77,527
Total deposits	2,485,055	2,387,211
Borrowings	13,675	14,095
Junior subordinated debentures	10,310	10,310
Operating lease liabilities	9,092	9,865
Other liabilities	54,647	34,208
Total liabilities	2,572,779	2,455,689
COMMITMENTS AND CONTINGENCIES (NOTE 18)
SHAREHOLDERS' EQUITY
Preferred stock, $1 par value, 2,500,000 shares authorized, none issued or outstanding	0	0
Common stock, $1 par value, 10,000,000 shares authorized, 5,513,459 and 5,700,728 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	5,513	5,701
Additional paid-in capital	9,605	17,784
Retained earnings	236,037	224,225
Accumulated other comprehensive (loss), net of tax	(16,437)	(29,081)
Total shareholders' equity	234,718	218,629
Total liabilities and shareholders' equity	2,807,497	2,674,318
Mortgage servicing rights
ASSETS
Mortgage servicing rights, at fair value	$ 19,564	$ 18,635

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Preferred stock, par value (in USD per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	2,500,000	2,500,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in USD per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	10,000,000	10,000,000
Common stock, shares issued (in shares)	5,513,459	5,700,728
Common stock, shares outstanding (in shares)	5,513,459	5,700,728

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest and Dividend Income
Interest and fees on loans and loans held for sale	$ 108,612	$ 82,785	$ 79,241
Interest on investment securities available for sale	15,833	9,679	3,339
Dividends on marketable equity securities	766	563	440
Interest on investment securities held to maturity	1,893	1,511	1,037
Dividends on Federal Home Loan Bank stock	203	125	102
Interest on deposits in other banks	4,644	5,665	447
Total Interest Income	131,951	100,328	84,606
Interest Expense
Interest expense on deposits	26,511	4,485	3,077
Interest expense on borrowings	1,784	339	320
Interest expense on junior subordinated debentures	400	389	382
Total Interest Expense	28,695	5,213	3,779
Net Interest Income	103,256	95,115	80,827
Provision (benefit) for credit losses	3,842	1,846	(4,099)
Net Interest Income After Provision (Benefit) for Credit Losses	99,414	93,269	84,926
Other Operating Income
Mortgage banking income	12,763	21,572	42,144
Purchased receivable income	4,482	2,002	2,259
Commercial servicing revenue	554	1,628	306
Unrealized gain (loss) on marketable equity securities	120	(1,119)	(101)
Keyman insurance proceeds	0	2,002	0
Gain on sale of marketable equity securities, net	0	0	67
Other income	2,550	2,684	2,902
Total Other Operating Income	26,375	34,077	52,263
Other Operating Expense
Salaries and other personnel expense	61,741	58,172	60,412
Data processing expense	9,821	8,926	8,567
Occupancy expense	7,394	6,915	7,078
Professional and outside services	3,128	2,993	2,801
Marketing expense	2,929	2,747	2,741
Insurance expense	2,519	2,054	1,593
OREO (income) expense, net of rental income and gains on sale	(794)	500	(432)
Intangible asset amortization expense	17	25	37
Other operating expense	7,426	6,520	6,399
Total Other Operating Expense	94,181	88,852	89,196
Income Before Provision for Income Taxes	31,608	38,494	47,993
Provision for income taxes	6,214	7,753	10,476
Net Income	$ 25,394	$ 30,741	$ 37,517
Earnings per share, Basic (in USD per share)	$ 4.53	$ 5.33	$ 6.07
Earnings per share, Diluted (in USD per share)	$ 4.49	$ 5.27	$ 6
Weighted Average Shares Outstanding, Basic (in shares)	5,601,471	5,765,088	6,180,801
Weighted Average Shares Outstanding, Diluted (in shares)	5,661,460	5,829,412	6,249,313
Bankcard fees
Other Operating Income
Revenue from contract with customer	$ 3,862	$ 3,697	$ 3,389
Service charges on deposit accounts
Other Operating Income
Revenue from contract with customer	$ 2,044	$ 1,611	$ 1,297

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 25,394	$ 30,741	$ 37,517
Securities available for sale:
Unrealized holding gains (losses) arising during the period	17,755	(38,283)	(5,564)
Derivatives and hedging activities:
Unrealized holding (losses) gains during the period	(88)	2,409	780
Income tax (expense) benefit related to unrealized gains and losses	(5,023)	10,199	1,360
Other comprehensive income (loss), net of tax	12,644	(25,675)	(3,424)
Comprehensive income	$ 38,038	$ 5,066	$ 34,093

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Cumulative effect, period of adoption, adjustment	Common Stock	Additional Paid-in Capital	Retained Earnings	Retained Earnings Cumulative effect, period of adoption, adjustment	Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2020			6,251,000
Beginning balance, value at Dec. 31, 2020	$ 221,575	$ 2,400	$ 6,251	$ 41,808	$ 173,498	$ 2,400	$ 18
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividend declared	(9,369)				(9,369)
Stock-based compensation expense	1,073			1,073
Exercise of stock options and vesting of restricted stock units, net (in shares)			43,000
Exercise of stock options and vesting of restricted stock units, net	(421)		$ 43	(464)
Repurchase of common stock (in shares)			(279,000)
Repurchase of common stock	(11,534)		$ (279)	(11,255)
Other comprehensive income (loss), net of tax	(3,424)						(3,424)
Net income	37,517				37,517
Ending balance (in shares) at Dec. 31, 2021			6,015,000
Ending balance, value at Dec. 31, 2021	237,817		$ 6,015	31,162	204,046		(3,406)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividend declared	(10,562)				(10,562)
Stock-based compensation expense	742			742
Exercise of stock options and vesting of restricted stock units, net (in shares)			20,000
Exercise of stock options and vesting of restricted stock units, net	(277)		$ 20	(297)
Repurchase of common stock (in shares)			(334,000)
Repurchase of common stock	(14,157)		$ (334)	(13,823)
Other comprehensive income (loss), net of tax	(25,675)						(25,675)
Net income	$ 30,741				30,741
Ending balance (in shares) at Dec. 31, 2022	5,700,728		5,701,000
Ending balance, value at Dec. 31, 2022	$ 218,629		$ 5,701	17,784	224,225		(29,081)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cash dividend declared	(13,582)				(13,582)
Stock-based compensation expense	937			937
Exercise of stock options and vesting of restricted stock units, net (in shares)			21,000
Exercise of stock options and vesting of restricted stock units, net	(260)		$ 21	(281)
Repurchase of common stock (in shares)			(209,000)
Repurchase of common stock	(9,044)		$ (209)	(8,835)
Other comprehensive income (loss), net of tax	12,644						12,644
Net income	$ 25,394				25,394
Ending balance (in shares) at Dec. 31, 2023	5,513,459		5,513,000
Ending balance, value at Dec. 31, 2023	$ 234,718		$ 5,513	$ 9,605	$ 236,037		$ (16,437)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Activities:
Net income	$ 25,394	$ 30,741	$ 37,517
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Gain on sale of securities, net	0	0	(67)
Depreciation and amortization of premises	3,294	3,139	3,276
Amortization of software	1,153	1,164	1,161
Intangible asset amortization	17	25	37
Amortization of investment security premium, net of discount accretion	483	630	529
Unrealized (gain) loss on marketable equity securities	(120)	1,119	101
Deferred tax expense (income)	580	2,110	(1,298)
Stock-based compensation	937	742	1,073
Deferral of loan fees and amortization, net of costs	(54)	(2,933)	(192)
Provision (benefit) for credit losses	3,842	1,846	(4,099)
Additions to home mortgage servicing rights carried at fair value	(3,616)	(4,623)	(6,088)
Change in fair value of home mortgage servicing rights carried at fair value	2,687	(288)	3,582
Change in fair value of commercial servicing rights carried at fair value	62	(809)	437
Gain on sale of loans	(7,828)	(13,873)	(36,436)
Proceeds from the sale of loans held for sale	379,546	645,518	1,227,150
Origination of loans held for sale	(376,154)	(585,533)	(1,118,186)
(Gain) loss on sale of other real estate owned	(929)	414	(685)
Impairment on other real estate owned	123	0	0
Net changes in assets and liabilities:
(Increase) decrease in accrued interest receivable	(2,021)	(3,091)	1,133
Decrease (increase) in other assets	4,344	5,528	12,739
Increase (decrease) in other liabilities	7,185	(3,703)	(9,695)
Net Cash Provided by Operating Activities	38,925	78,123	111,989
Investment in securities:
Purchases of investment securities available for sale	(26,030)	(302,668)	(320,501)
Purchases of marketable equity securities	(2,297)	(3,934)	(493)
Purchases of FHLB stock	(5,703)	(730)	(573)
Purchases of investment securities held to maturity	0	(16,750)	(10,000)
Proceeds from sales/calls/maturities of securities available for sale	82,398	13,417	135,365
Proceeds from sales of marketable equity securities	0	488	1,084
Proceeds from redemption of FHLB stock	6,539	21	17
(Increase) decrease in purchased receivables, net	(16,848)	(13,007)	6,935
Decrease in loans, net			28,975
Increase in loans, net	(287,893)	(83,839)
Proceeds from sale of other real estate owned	1,079	5,224	2,610
Purchases of software	(150)	(51)	(170)
Purchases of premises and equipment	(6,166)	(3,796)	(2,338)
Net Cash (Used) by Investing Activities	(255,071)	(405,625)	(159,089)
Financing Activities:
Increase (decrease) in deposits	97,844	(34,420)	596,650
Proceeds from borrowings	194,500	0	0
Repayments of borrowings	(194,920)	(413)	(309)
Proceeds from the issuance of common stock	555	586	1,543
Repurchase of common stock	(9,044)	(14,157)	(11,534)
Cash dividends paid	(13,609)	(10,571)	(9,388)
Net Cash Provided (Used) by Financing Activities	75,326	(58,975)	576,962
Net Change in Cash and Cash Equivalents	(140,820)	(386,477)	529,862
Cash and Cash Equivalents at Beginning of Year	259,350	645,827	115,965
Cash and Cash Equivalents at End of Year	118,530	259,350	645,827
Supplemental Information:
Income taxes paid	2,032	2,015	6,380
Interest paid	28,547	5,190	3,813
Noncash commitments to invest in Low Income Housing Tax Credit Partnerships	14,273	0	0
Transfer of loans to other real estate owned	273	0	274
Loans made to facilitate sales of other real estate owned	0	0	1,012
Non-cash lease liability arising from obtaining right of use assets	423	1,128	79
Cash dividends declared but not paid	110	85	92
Cumulative effect adjustment to retained earnings	$ 0	$ 0	$ 2,400

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
Accounting Standards Update and Change in Accounting Principle [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Nature of Operations: Northrim BanCorp, Inc. (the “Company”), is a publicly traded bank holding company headquartered in Anchorage, Alaska that is primarily engaged in the delivery of business and personal banking services through its wholly-owned banking subsidiary, Northrim Bank (“the Bank”). The Bank also engages in retail mortgage origination services through its wholly-owned subsidiary, Residential Mortgage Holding Company, LLC, the parent company of Residential Mortgage, LLC (collectively “RML”). Additionally, the Bank through its wholly-owned subsidiary, Northrim Funding Services (“NFS”), operates a factoring division in Bellevue, Washington. The Company has an equity investment in Pacific Wealth Advisors, LLC (“PWA”) through its wholly owned subsidiary, Northrim Investment Services Company ("NISC"), and the Company had an equity investment in Homestate Mortgage Company, LLC (“Homestate”) through RML until its dissolution in 2023. Use of Estimates: The Company prepares its consolidated financial statements in conformity with accounting principles generally accepted in the United States and prevailing practices within the banking industry. The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of income, gains, expenses, and losses during the reporting periods. Actual results could differ from those estimates. Significant estimates include the allowance for credit losses (“ACL”), valuation of goodwill and other intangibles, and valuation of mortgage servicing rights (“MSRs”). Consolidation: The Company consolidates affiliates in which we have a controlling interest. The accompanying consolidated financial statements include the accounts of the Company, the Bank, RML, and NISC. Significant intercompany balances have been eliminated in consolidation. As of December 31, 2023, the Company had one wholly-owned business trust subsidiary, Northrim Statutory Trust 2 (“Trust 2”), that was formed to issue trust preferred securities and related common securities of Trust 2. The Company has not consolidated the accounts of Trust 2 in its consolidated financial statements in accordance with U.S. GAAP. As a result, the junior subordinated debentures issued by the Company to Trust 2 are reflected on the Company’s consolidated balance sheet as junior subordinated debentures. The Company has determined that PWA and Homestate are not variable interest entities and therefore, the Company does not consolidate the balance sheets and income statements of PWA or Homestate into its financial statements. The Company owns a 22% interest in PWA and owned a 30% interest in Homestate prior to its dissolution in 2023, and these investments are accounted for as equity method investments. Results of PWA and Homestate are included in “Other income” in our Consolidated Statements of Income. Investments in low income housing tax credit companies are presented on a one-line basis in the caption “Other assets” in our Consolidated Balance Sheets. Operating Segments: Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”), or decision making group, in deciding how to allocate resources and in assessing performance. The Company uses the "management approach" in determining reportable operating segments. The management approach considers the internal organization and reporting used the by the Company's CODM for making operating decisions and assessing performance as the source for determining the Company's reportable segments. Management, including the CODM, review operating results by the revenue of different services. For the year ended December 31, 2023 and 2022, the Company has two operating business lines; Community Banking and Home Mortgage Lending. Information about the Company's operating segments is included in Note 25 of the Notes to the Company's Consolidated Financial Statements included in Part II. Item 8 of this report. Reclassifications: Certain reclassifications have been made to prior year amounts to maintain consistency with the current year with no impact on net income or total shareholders’ equity. Subsequent Events: The Company has evaluated events and transactions subsequent to December 31, 2023 for potential recognition or disclosure. Cash and Cash Equivalents: For purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from banks, interest-bearing deposits with other banks, federal funds sold, and securities with original maturities of less than 90 days at acquisition. Equity Securities: Marketable equity securities are stated at fair value. Changes in fair value are included in "Unrealized gain (loss) on marketable equity securities" in our Consolidated Statements of Income. Non-marketable equity securities are accounted for under the equity method of accounting and are included in other assets in our Consolidated Balance Sheets. The Company performs an impairment analysis on its non-marketable equity securities when events or circumstances indicate impairment potentially exists. Investment Securities: Debt securities are classified as available for sale if the Company intends and has the ability to hold those securities for an indefinite period of time, but not necessarily to maturity. Any decision to sell a debt security classified as available for sale would be based on various factors, including significant movements in interest rates, changes in the maturity mix of assets and liabilities, liquidity needs, regulatory capital considerations, and other similar factors. Premiums and discounts are amortized over the life of the related investment security as an adjustment to yield using the effective interest method. Dividend and interest income are recognized when earned. Securities available for sale are stated at fair value. Realized gains or losses, determined on the basis of the cost of specific securities sold, are included in earnings. Unrealized holding gains or losses are included in other comprehensive income as a separate component of shareholders' equity, net of tax. Held to maturity securities are stated at cost, adjusted for amortization of premium and accretion of discount on a level-yield basis. The Company has the ability and intent to hold these securities to maturity. The Company amortizes purchase premiums for callable debt securities to the earliest call date and discounts are accreted over the contractual life. Allowance for Credit Losses - Investment Securities: For available for sale debt securities in an unrealized loss position, the Company evaluates the securities to determine whether the decline in the fair value below the amortized cost basis (impairment) is due to credit-related factors or noncredit-related factors. Any impairment that is not credit related is recognized in other comprehensive income, net of applicable taxes. Credit-related impairment is recognized as an ACL on the balance sheet, limited to the amount by which the amortized cost basis exceeds the fair value, with a corresponding adjustment to earnings. The ACL may be reversed if conditions change. However, if the Company intends to sell an impaired available for sale debt security or more likely than not will be required to sell such a security before recovering its amortized cost basis, the entire impairment amount must be recognized in earnings with a corresponding adjustment to the security’s amortized cost basis. Because the security’s amortized cost basis is adjusted to fair value, there would be no ACL. In evaluating available for sale debt securities in unrealized loss positions for impairment and the criteria regarding its intent or requirement to sell such securities, the Company considers the extent to which fair value is less than amortized cost, whether the securities are issued by the federal government or its agencies, whether downgrades by bond rating agencies have occurred, and the results of reviews of the issuers’ financial condition, among other factors. Changes in the ACL are recorded as provision for (or reversal of) credit loss expense. Losses are charged against the ACL when management believes the uncollectability of an available for sale debt security is confirmed or when either of the criteria regarding intent or requirement to sell is met. The ACL on held to maturity securities is estimated on a collective basis by major security type. At December 31, 2023, the Company’s held to maturity securities consisted of investments in corporate bonds. Expected credit losses for these securities are estimated using a discounted cash flow (“DCF”) methodology which considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. Accrued interest receivable is excluded from the estimate of credit losses. Federal Home Loan Bank Stock: The Company’s investment in Federal Home Loan Bank of Des Moines (“FHLB”) stock is carried at par value because the shares can only be redeemed with the FHLB at par. The Company is required to maintain a minimum level of investment in FHLB stock based on the Company’s total Bank assets and outstanding advances. FHLB stock is carried at cost and is subject to recoverability testing at least annually. Loans held for sale: The Company designates loans held for sale as either carried at fair value or the lower of cost or fair value at loan level at origination. Loans held for sale include residential mortgage loans that have been originated for sale in the secondary market. Related gains or losses on the sale of these loans are recognized in mortgage banking income. Loans: Loans are carried at their principal amount outstanding, net of charge-offs, unamortized fees, and direct loan origination costs. Loan origination fees received in excess of direct origination costs are deferred and accreted to interest income using the interest method in accordance with Accounting Standards Codification (“ASC”) 310 over the life of the loan. Loan balances are charged-off to the ACL when management believes that collection of principal is unlikely. Interest income on loans is accrued and recognized on the principal amount outstanding except for loans in a nonaccrual status. All classes of loans are placed on nonaccrual when management believes doubt exists as to the collectability of the interest or principal. Cash payments received on nonaccrual loans are directly applied to the principal balance. Generally, a loan may be returned to accrual status when the delinquent principal and interest is brought current in accordance with the terms of the loan agreement and certain ongoing performance criteria have been met. Loans are reported as past due when installment payments, interest payments, or maturity payments are past due based on contractual terms. The Company classifies fair value measurements on loans as level 3 valuations in the fair value hierarchy because of their use of unobservable inputs. Acquired Loans: Loans purchased that are of poor credit quality and with more than an insignificant evidence of credit deterioration since their origination or issuance are purchased credit deteriorated (“PCD”) loans. PCD assets are recorded at their purchase price plus an ACL estimated at the time of acquisition. Under this approach, there is no provision for credit losses recognized at acquisition; rather, there is a gross-up of the purchase price of the financial asset for the estimate of expected credit losses and a corresponding ACL recorded. Changes in estimates of expected credit losses after acquisition are recognized as provision for credit losses in subsequent periods. In general, interest income recognition for PCD financial assets is consistent with interest income recognition for the similar non-PCD financial asset. Allowance for Credit Losses - Loans : Under the current expected credit loss model (“CECL”) adopted by the Company on January 1, 2021, the ACL on loans is a valuation allowance estimated at each balance sheet date that is deducted from the loans’ amortized cost basis to present the net amount expected to be collected on the loans. The Company estimates the ACL on loans based on the underlying assets’ amortized cost basis, which is the amount at which the loan is originated or acquired, adjusted for applicable accretion or amortization of premium, discount, and net deferred fees or costs, collection of cash, and charge-offs. In the event that collection of principal becomes uncertain, the Company has policies in place to reverse accrued interest in a timely manner. Therefore, the Company has made a policy election to exclude accrued interest from the measurement of ACL. Expected credit losses are reflected in the ACL through a provision for or (reversal) of credit loss expense. When the Company deems all or a portion of a financial asset to be uncollectible the appropriate amount is written off and the ACL is reduced by the same amount. The Company applies judgment to determine when a financial asset is deemed uncollectible; however, generally speaking, an asset will be considered uncollectible when management believes that collection of principal is unlikely. Subsequent recoveries, if any, are credited to the ACL when received. The Company measures expected credit losses of financial assets on a collective (pool) basis, when the financial assets share similar risk characteristics. Depending on the nature and size of the pool of financial assets with similar risk characteristics, the Company uses either a DCF method or a weighted average remaining life method to estimate expected credit losses quantitatively. The weighted average remaining life method uses exposure at default, along with the expected credit losses adjusted for prepayments to calculate the required allowance. The Company utilizes peer historical loss data to estimate credit losses under the weighted average remaining life method. Under the DCF method, the Company utilizes complex models to obtain reasonable and supportable forecasts to calculate two predictive metrics, the probability of default (“PD”) and loss given default (“LGD”). Under the DCF method the combination of adjustments for the credit expectations PD and LGD, and timing expectations (prepayment, curtailment, and time to recovery), produces an expected cash flow stream at the instrument level. Instrument effective yield is calculated, net of the impacts of prepayment assumptions, and the instrument expected cash flows are then discounted at that effective yield to produce an instrument-level net present value of expected cash flows (“NPV”). An ACL is established for the difference between the instrument’s NPV and amortized cost basis. In addition to the quantitative portion of the ACL derived using either the DCF or weighted average remaining life method, the Company also considers the effects of the qualitative factors in its calculation of expected losses in the loan portfolio. The qualitative factor methodology is based on quantitative metrics, but also includes a high degree of subjectivity and changes in any of the metrics could have a significant impact on our calculation of the allowance. Loans that do not share risk characteristics with other loans in the portfolio are individually evaluated for expected credit losses and are not included in the collective evaluation. Loans are identified for individual evaluation during regular credit reviews of the portfolio. A loan is generally identified for individual evaluation when management determines that we will probably not be able to collect all amounts due according to the loan contract, including scheduled interest payments. When we identify a loan for individual evaluation, we measure expected credit losses using DCF, except when the sole remaining source of the repayment for the loan is the liquidation of the collateral. In these cases, we use the current fair value of the collateral, less selling costs, instead of DCF. The analysis of collateral dependent loans includes external appraisals or in-house evaluations on loans secured by real property, management’s assessment of the current market, recent payment history and an evaluation of other sources of repayment. The Company’s determination of which method to use is based upon several factors. The Company takes into account compliance with legal and regulatory guidelines, the amount of the loan, the estimated value of the collateral, the location and type of collateral to be valued, and how critical the timing of completion of the analysis is to the assessment of value. Those factors are balanced with the level of internal expertise, internal experience, and market information available, versus external expertise available such as qualified appraisers, brokers, auctioneers, and equipment specialists. The Company uses external appraisals to estimate fair value for projects that are not fully constructed as of the date of valuation. These projects are generally valued as if complete, with an appropriate allowance for cost of completion, including contingencies developed from external sources such as vendors, engineers, and contractors. If we determine that the value of an individually evaluated loan is less than the recorded investment in the loan, we either recognize an ACL specific to that loan, or charge-off the deficit balance on collateral dependent loans if it is determined that such amount represents a confirmed loss. Subsequent changes in the expected credit losses for loans evaluated individually are included within the provision for credit losses in the same manner in which the expected credit loss initially was recognized or as a reduction in the provision that would otherwise be reported. The Company’s estimate of the ACL reflects losses expected over the remaining contractual life of the assets. The contractual term does not consider extensions, renewals or modifications. Loans guaranteed by the U.S. government, including Paycheck Protection Program (“PPP”) loans The Company actively participated in assisting its customers with applications for loans through the program. Loans funded through the PPP program are fully guaranteed by the U.S. government subject to certain representations and warranties. This guarantee exists at the inception of the loans and throughout the lives of the loans and was not entered into separately and apart from the loans. ASC 326 requires credit enhancements that mitigate credit losses, such as the U.S. government guarantee on PPP loans, to be considered in estimating credit losses. The guarantee is considered “embedded” and, therefore, is considered when estimating credit loss on the PPP loans and other loans guaranteed by the U.S. government. Given that the loans are fully guaranteed by the U.S. government and absent any specific loss information on any of our guaranteed loans, the Company does not carry an ACL on its PPP and other loans guaranteed by the U.S. government. Loan Commitments and Allowance for Credit Losses on Off-Balance Sheet Credit Exposures: The Company enters into various types of transactions that involve financial instruments with off-balance sheet risk, including commitments to extend credit and standby letters of credit issued to meet customer financing needs. We apply the same credit standards to these commitments as in all of our lending activities and include these commitments in our lending risk evaluations. The Company’s exposure to credit loss in the event of nonperformance by the other party to commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. Such financial instruments are recorded when they are funded. The Company records an ACL on off-balance sheet credit exposures, unless the commitments to extend credit are unconditionally cancellable, through a charge to provision for credit loss expense in the Company’s consolidated statements of income. The ACL on off-balance sheet credit exposures is estimated by loan segment at each balance sheet date under the current expected credit loss model using the same methodologies as portfolio loans, taking into consideration the likelihood that funding will occur, and is included in other liabilities on the Company’s consolidated balance sheets. Purchased Receivables and related Allowance for Credit Losses: The Company purchases accounts receivable from its customers. The purchased receivables are carried at amortized cost, net of an ACL. Management measures expected credit losses on purchased receivables by evaluating each receivable individually. Each quarter, management reviews purchased receivable asset balances compared to assets eligible for advancement of funds in order to determine the exposure to loss for the Company. Exposure is zero when outstanding balances exceed assets eligible for advancement. Management may determine that an ACL is appropriate for individual purchased receivables based on asset specific facts and circumstances. Fees charged to the customer are earned while the balances of the purchases are outstanding, which is typically less than one year. Changes in the ACL are recorded as provision for (or reversal of) credit loss expense. Other Real Estate Owned: Other Real Estate Owned (“OREO”) represents properties acquired through foreclosure or its equivalent. Prior to foreclosure, the carrying value is adjusted to the fair value, less cost to sell, of the real estate to be acquired by an adjustment to the ACL for loans. Management’s evaluation of fair value is based on appraisals or discounted cash flows of anticipated sales. After foreclosure, any subsequent reduction in the carrying value is charged against earnings. Operating expenses associated with OREO are charged to earnings in the period they are incurred. Operating expenses associated with OREO are recorded net of rental income and gain on sales associated with OREO. Premises and Equipment: Premises and equipment, including leasehold improvements, are stated at cost, less accumulated depreciation and amortization. Depreciation and amortization expense for financial reporting purposes is computed using the straight-line method based upon the shorter of the lease term or the estimated useful lives of the assets that vary according to the asset type and include; furniture and equipment ranging between three two Operating Leases: The Company leases branch locations, corporate office space, and equipment under non-cancelable leases. Leases with an initial term of 12 months or less are not recorded on the balance sheet. The leases contain various provisions for increases in rental rates, based either on changes in the published Consumer Price Index or a predetermined escalation schedule. Substantially all of the leases provide the Company with one or more options to renew, with renewal terms that can extend the lease term from one Goodwill and Other Intangible Assets: Intangible assets are comprised of goodwill and other intangibles acquired in business combinations. Goodwill and intangible assets with indefinite useful lives are not amortized. Intangible assets with definite useful lives are amortized to their estimated residual values over their respective useful lives, and are also reviewed for impairment. Amortization of intangible assets is included in other operating expense in the Consolidated Statements of Income. The Company performs a goodwill impairment analysis at each reporting unit on an annual basis. Additionally, the Company performs a goodwill impairment evaluation on an interim basis when events or circumstances indicate impairment potentially exists. Low Income Housing Tax Credit Partnerships: The Company earns a return on its investments in these partnerships in the form of tax credits and deductions that flow through to it as a limited partner. The Company amortizes these investments in tax expense over the period during which tax benefits are received. Servicing Rights: Mortgage servicing rights (“MSRs”) and commercial servicing rights (“CSRs”) associated with loans originated and sold, where servicing is retained, are measured at fair value and changes in fair value are reported through earnings. Changes in the fair value of servicing rights occur primarily due to the collection/realization of expected cash flows, as well as changes in valuation inputs and assumptions. Under the fair value method, servicing rights are carried on the balance sheet at fair value and the changes in fair value for MSRs are reported in earnings in mortgage banking income and the changes in fair value for CSRs are reported in commercial serving revenue in other operating income in the period in which the change occurs. Fair value measurements are determined using a discounted cash flow model. In order to determine the fair value of servicing rights, the present value of net expected future cash flows is estimated. Assumptions used include market discount rates, anticipated prepayment speeds, escrow calculations, delinquency rates, and ancillary fee income net of servicing costs. Other Assets: Other assets include purchased software and prepaid expenses. Purchased software is carried at amortized cost and is amortized using the straight-line method over its estimated useful life or the term of the agreement. Also included in other assets is the net deferred tax asset, bank owned life insurance carried at cash surrender value, net of premium charges, accrued interest receivable, taxes receivable, and rate lock derivatives. Derivatives: The Company records all derivatives on the Consolidated Balance Sheets at fair value. The accounting for change in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate the derivative in a hedging relationship and apply hedge accounting, and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Interest rate swaps that are designated as a cash flow hedge and satisfy the hedge accounting requirements involve the receipt of variable amounts from a counter-party in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. For derivatives which are designed as cash flow hedges and satisfy hedge accounting requirements, the effective portion of changes in the fair value of the derivative is recorded in accumulated other comprehensive income (loss). The fair value of the Company's derivatives is determined using DCF analysis using observable market based inputs. The Company considers all free-standing derivatives not designated in a hedging relationship as economic hedges and recognizes these derivatives as either assets or liabilities in the balance sheet. These assets and liabilities are measured at fair value, and changes in fair value are recorded in earnings. By using derivatives, the Company is exposed to counterparty credit risk, which is the risk that counterparties to the derivative contracts do not perform as expected. If a counterparty fails to perform, our counterparty credit risk is equal to the amount reported as a derivative asset on our balance sheet, net of cash collateral received. We minimize counterparty credit risk through credit approvals, limits, monitoring procedures, and obtaining collateral, where appropriate. For derivative instruments executed with the same counterparty under a master netting arrangement, we do not offset fair value amounts of interest rate swaps in liability positions with interest rate swaps in asset positions. For further detail, see Note 19 of the notes to the Company's Consolidated Financial Statements included in Part II. Item 8 of this report. Transfers or sales of financial assets: For transfers of entire financial assets or a participating interest in an entire financial asset recorded as sales, we recognize and initially measure at fair value all assets obtained and liabilities incurred. We record a gain or loss in other operating income for the difference between the carrying amount and the fair value of the assets sold. Fair values are based on quoted market prices, quoted market prices for similar assets, or if market prices are not available, then the fair value is estimated using discounted cash flow analysis with assumptions for credit losses, prepayments and discount rates that are corroborated by and verified against market observable data, where possible. Revenue Recognition: The majority of the Company's revenues come from interest income on loans and investment securities, as well as other non-interest income including mortgage banking income, bankcard fees, purchased receivable income, and service charges on deposits. The Company recognizes income in accordance with the applicable accounting guidance for these revenue sources. The Company's revenues that are within the scope of ASC Topic 606 (“Topic 606”) are presented within other operating income and include bankcard fees, service charges on deposits, and other non-interest income including merchant services fees, commissions from sales of mutual funds and other investments, safety deposit box rental fees, bank check and other check fees, and other miscellaneous revenue streams. Bankcard fees are primarily comprised of debit card income and ATM fees. Debit card income is primarily comprised of interchange fees earned whenever the Company’s debit cards are processed through card payment networks such as Visa or MasterCard. ATM fees are primarily generated when a Company cardholder uses a non-Company ATM or a non-Company cardholder uses a Company ATM. The Company’s performance obligation for bankcard fees are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payments are typically received immediately or in the following month. Service charges on deposit accounts consist of general service fees for monthly account maintenance, activity- or transaction-based fees, and account analysis fees (i.e., net fees earned on analyzed business and public checking accounts), and other deposit account related fees and consist of transaction-based revenue, time-based revenue (service period), item-based revenue or some other individual attribute-based revenue. Revenue is recognized when our performance obligation is completed which is generally monthly for account maintenance services or when a transaction has been completed. Payments for service charges on deposit accounts are primarily received immediately or in the following month through a direct charge to customers’ accounts. Other operating income consists of other recurring revenue streams such as merchant services income, commissions from sales of mutual funds and other investments, safety deposit box rental fees, bank check and other check fees, unrealized gains and losses on marketable securities, and other miscellaneous revenue streams. Merchant services income mainly represents fees charged to merchants to process their debit and credit card transactions, in addition to account management fees. The Company’s performance obligation for merchant services income is largely satisfied, and related revenue recognized, when the transactions have been completed. Payment is typically received immediately or in the following month. The Company earns commissions from the sale of mutual funds as periodic service fees (i.e., trailers) from Elliott Cove Capital Management typically based on a percentage of net asset value. Trailer revenue is recorded over time, quarterly, as net asset value is determined. The Company also earns commission income from the sale of annuity products. The Company acts as an intermediary between the Company's customer and Elliott Cove Investment Advisors for these transactions, and commissions from annuity product sales are recorded when the Company’s performance obligation is satisfied, which is generally upon the issuance of the annuity policy. The Company does not earn trailer fees on annuity sales. Payment for commissions from sales of mutual funds and other investments and annuity sales is typically received in the following quarter. Other service charges include r

Cash and Due from Banks

Cash and Due from Banks	12 Months Ended
	Dec. 31, 2023
Cash and Due from Banks [Abstract]
Cash and Due from Banks	Cash and Due from Banks The Company is required to maintain a $300,000 balance with a correspondent bank for outsourced servicing of ATMs at both December 31, 2023 and 2022.

Interest Bearing Deposits in Ot

Interest Bearing Deposits in Other Banks	12 Months Ended
	Dec. 31, 2023
Interest Bearing Deposits In Other Banks [Abstract]
Interest Bearing Deposits in Other Banks	Interest Bearing Deposits in Other Banks All interest bearing deposits in other banks have a maturity of one year or less. Balances at December 31 for the respective years are as follows: (In Thousands) 2023 2022 Interest bearing deposits at Federal Reserve Bank $90,922 $231,186 Interest bearing deposits at FHLB 21 287 Other interest bearing deposits at other institutions 130 130 Total $91,073 $231,603

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities Marketable Equity Securities The Company held marketable equity securities with fair values of $13.2 million and $10.7 million at December 31, 2023 and 2022, respectively. The gross realized and unrealized gains (losses) recognized on marketable equity securities in other operating income in the Company's Consolidated Statements of Income for the periods indicated were as follows: (In Thousands) 2023 2022 2021 Unrealized gain (loss) on marketable equity securities $120 ($1,119) ($101) Gain on sale of marketable equity securities, net — — 67 Total $120 ($1,119) ($34) Debt securities Debt securities have been classified in the financial statements as available for sale or held to maturity. The following table summarizes the amortized cost, estimated fair value, and ACL of debt securities and the corresponding amounts of gross unrealized gains and losses of available for sale securities recognized in accumulated other comprehensive income (loss) and unrecognized gains and losses of held to maturity securities at the periods indicated: (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Fair Value December 31, 2023 Securities available for sale U.S. Treasury and government sponsored entities $587,639 $451 ($23,965) $— $564,125 Municipal securities 820 — (4) — 816 Corporate bonds 14,014 28 (418) — 13,624 Collateralized loan obligations 59,795 12 (436) — 59,371 Total securities available for sale $662,268 $491 ($24,823) $— $637,936 December 31, 2022 Securities available for sale U.S. Treasury and government sponsored entities $634,582 $1 ($39,422) $— $595,161 Municipal securities 820 — (25) — 795 Corporate bonds 24,281 37 (674) — 23,644 Collateralized loan obligations 59,434 — (2,005) — 57,429 Total securities available for sale $719,117 $38 ($42,126) $— $677,029 (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2023 Securities held to maturity Corporate bonds $36,750 $— ($3,337) $33,413 Allowance for credit losses — — — — Total securities held to maturity, net of ACL $36,750 $— ($3,337) $33,413 December 31, 2022 Securities held to maturity Corporate bonds $36,750 $— ($4,111) $32,639 Allowance for credit losses — — — — Total securities held to maturity, net of ACL $36,750 $— ($4,111) $32,639 Gross unrealized losses on investment securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2023 and 2022, were as follows: Less Than 12 Months More Than 12 Months Total (In Thousands) Fair Unrealized Losses Fair Unrealized Losses Fair Unrealized Losses 2023 Securities Available for Sale U.S. Treasury and government sponsored entities $9,997 ($3) $528,574 ($23,962) $538,571 ($23,965) Corporate bonds — — 6,599 (418) 6,599 (418) Municipal securities — — 816 (4) 816 (4) Collateralized loan obligations 3,909 (91) 43,149 (345) 47,058 (436) Total $13,906 ($94) $579,138 ($24,729) $593,044 ($24,823) 2022 Securities Available for Sale U.S. Treasury and government sponsored entities $282,319 ($8,876) $302,840 ($30,546) $585,159 ($39,422) Municipal securities 795 (25) — — 795 (25) Corporate bonds 13,216 (43) 4,394 (631) 17,610 (674) Collateralized loan obligations 22,309 (632) 35,120 (1,373) 57,429 (2,005) Total $318,639 ($9,576) $342,354 ($32,550) $660,993 ($42,126) Management evaluates available for sale debt securities in unrealized loss positions to determine whether the impairment is due to credit-related factors or noncredit-related factors. Consideration is given to the extent to which the fair value is less than cost, the financial condition and near-term prospects of the issuer, and the intent and ability of the Company to retain its investment in the security for a period of time sufficient to allow for any anticipated recovery in fair value. At December 31, 2023 and 2022, there were two and 38 available for sale securities in an unrealized loss position without an ACL, respectively, that have been in a loss position for less than twelve months. There were 72 and 47 available for sale securities without an ACL with unrealized losses at December 31, 2023 and 2022, respectively, that have been at a loss position for more than twelve months. At December 31, 2023 and 2022, there were zero and three held to maturity securities in an unrealized loss position without an ACL, respectively, that have been in a loss position for less than twelve months. At December 31, 2023 and 2022, there were five and two held to maturity securities in an unrealized loss position without an ACL, respectively, that have been in a loss position for more than twelve months. Management does not have the intent to sell any of these securities and believes that it is more likely than not that the Company will not have to sell any such securities before a recovery of cost. The fair value is expected to recover as the securities approach their maturity date or repricing date or if market yields for such investments decline. Accordingly, as of December 31, 2023, management believes that the unrealized losses detailed in the previous table are due to noncredit-related factors, including changes in interest rates and other market conditions, and therefore no losses have been recognized in the Company's Consolidated Statements of Income. At December 31, 2023 and 2022, $180.1 million and $59.3 million in securities were pledged for deposits and borrowings, respectively. The amortized cost and fair values of available for sale and held to maturity debt securities at December 31, 2023, are distributed by contractual maturity as shown below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. (In Thousands) Amortized Cost Fair Value Weighted Average Yield U.S. Treasury and government sponsored entities Within 1 year $163,987 $160,054 1.14 % 1-5 years 423,652 404,071 2.05 % Total $587,639 $564,125 1.79 % Corporate bonds Within 1 year $2,000 $1,997 3.59 % 1-5 years 22,014 21,264 4.95 % 5-10 years 26,750 23,776 5.01 % Total $50,764 $47,037 4.93 % Collateralized loan obligations 5-10 years $34,301 $34,102 6.83 % Over 10 years 25,494 25,269 7.07 % Total $59,795 $59,371 6.94 % Municipal securities Within 1 year $820 $816 2.12 % Total $820 $816 2.12 % The proceeds and resulting gains and losses, computed using specific identification, from sales of investment securities for the years ending December 31, 2023, 2022, and 2021, respectively, are as follows: (In Thousands) Proceeds Gross Gains Gross Losses 2023 Available for sale securities $— $— $— 2022 Available for sale securities $— $— $— 2021 Available for sale securities $— $— $— A summary of interest income for the years ending December 31, 2023, 2022, and 2021 on available for investment securities is as follows: (In Thousands) 2023 2022 2021 U.S. Treasury and government sponsored entities $11,074 $7,030 $2,203 Other 4,741 2,631 1,118 Total taxable interest income $15,815 $9,661 $3,321 Municipal securities $18 $18 $18 Total tax-exempt interest income $18 $18 $18 Total $15,833 $9,679 $3,339

Loans and Allowance for Credit

Loans and Allowance for Credit Losses	12 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
Loans and Allowance for Credit Losses	Loans and Allowance for Credit Losses Loans Held for Sale Loans held for sale are comprised entirely of 1-4 family residential mortgage loans as of December 31, 2023 and 2022. Loans Held for Investment The following table presents amortized cost and unpaid principal balance of loans for the periods indicated: December 31, 2023 December 31, 2022 (In Thousands) Amortized Cost Unpaid Principal Difference Amortized Cost Unpaid Principal Difference Commercial & industrial loans $411,387 $413,293 ($1,906) $358,128 $359,900 ($1,772) Commercial real estate: Owner occupied properties 366,741 368,357 (1,616) 349,973 351,580 (1,607) Non-owner occupied and multifamily properties 515,528 519,115 (3,587) 482,270 486,021 (3,751) Residential real estate: 1-4 family residential properties secured by first liens 203,738 203,534 204 73,381 73,674 (293) 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 33,996 33,783 213 20,259 20,103 156 1-4 family residential construction loans 30,976 31,239 (263) 44,000 44,314 (314) Other construction, land development and raw land loans 148,373 149,788 (1,415) 99,182 100,075 (893) Obligations of states and political subdivisions in the US 30,407 30,409 (2) 32,539 32,540 (1) Agricultural production, including commercial fishing 41,007 41,237 (230) 34,099 34,263 (164) Consumer loans 6,241 6,180 61 4,335 4,293 42 Other loans 1,103 1,118 (15) 3,619 3,632 (13) Total 1,789,497 1,798,053 (8,556) 1,501,785 1,510,395 (8,610) Allowance for credit losses (17,270) (13,838) $1,772,227 $1,798,053 ($8,556) $1,487,947 $1,510,395 ($8,610) The difference between the amortized cost and unpaid principal balance is primarily net deferred origination fees totaling $8.6 million at both December 31, 2023 and 2022. Accrued interest on loans, which is excluded from the amortized cost of loans held for investment, totaled $7.4 million and $5.5 million at December 31, 2023 and 2022, respectively, and was included in other assets Amortized cost in the above table includes $2.8 million and $7.1 million as of December 31, 2023 and 2022, respectively, in PPP loans administered by the U.S. Small Business Administration (“SBA”) within the Commercial & industrial loan segment. At December 31, 2023, approximately 72% of the Company’s loans, excluding PPP loans, are secured by real estate and 4% are unsecured. Approximately 24% are for general commercial uses, including professional, retail, and small businesses. Repayment is expected from the borrowers’ cash flow or, secondarily, the collateral. The Company’s exposure to credit loss, if any, is the outstanding amount of the loan if the collateral is determined to be of no value. Allowance for Credit Losses The activity in the ACL related to loans held for investment for the periods indicated is as follows: Beginning Balance Credit Loss Expense (Benefit) Charge-offs Recoveries Ending Balance (In Thousands) 2023 Commercial & industrial loans $2,914 $415 ($337) $446 $3,438 Commercial real estate: Owner occupied properties 3,094 (227) — — 2,867 Non-owner occupied and multifamily properties 3,615 (321) — — 3,294 Residential real estate: 1-4 family residential properties secured by first liens 1,413 2,129 (72) — 3,470 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 389 139 — 23 551 1-4 family residential construction loans 312 (121) — — 191 Other construction, land development and raw land loans 1,803 1,324 — — 3,127 Obligations of states and political subdivisions in the US 79 1 — — 80 Agricultural production, including commercial fishing 145 23 — — 168 Consumer loans 68 35 (26) 4 81 Other loans 6 (3) — — 3 Total $13,838 $3,394 ($435) $473 $17,270 Beginning Balance Credit Loss Expense (Benefit) Charge-offs Recoveries Ending Balance (In Thousands) 2022 Commercial & industrial loans $3,027 ($1,124) ($506) $1,517 $2,914 Commercial real estate: Owner occupied properties 3,176 (137) — 55 3,094 Non-owner occupied and multifamily properties 2,930 685 — — 3,615 Residential real estate: 1-4 family residential properties secured by first liens 439 969 — 5 1,413 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 215 134 — 40 389 1-4 family residential construction loans 120 192 — — 312 Other construction, land development and raw land loans 1,635 168 — — 1,803 Obligations of states and political subdivisions in the US 32 47 — — 79 Agricultural production, including commercial fishing 91 39 — 15 145 Consumer loans 67 — (3) 4 68 Other loans 7 (1) — — 6 Total $11,739 $972 ($509) $1,636 $13,838 As of December 31, 2023 the ACL increased to $17.3 million, or 0.97% of portfolio loans and 1.02% of portfolio loans, net of government guarantees from $13.8 million, or 0.92% of portfolio loans and 0.99% of portfolio loans, net of government guarantees at December 31, 2022. The Company primarily uses a DCF method to estimate the ACL for loans and generally does not record an ACL for the government guaranteed portion of loans. The increase in the ACL for loans at December 31, 2023, as compared to December 31, 2022 is primarily due to an increase in non-government guaranteed loan balances as well as a decrease in estimated loan prepayment rates in the DCF model. This was only partially offset by a improvement in the Company's forecasted economic factors as of December 31, 2023 as compared to the forecast at December 31, 2022. Credit Quality Information As part of the on-going monitoring of the credit quality of the Company’s loan portfolio, management utilizes a loan risk grading system called the Asset Quality Rating (“AQR”) system to assign a risk classification to each of its loans. The risk classification is a dual rating system that contemplates both probability of default and risk of loss given default. Loans are graded on a scale of 1 to 10 and, loans graded 1 – 6 are considered “pass” grade loans. Loans graded 7 or higher are considered "classified" loans. A description of the general characteristics of the AQR risk classifications are as follows: Pass grade loans – 1 through 6: The borrower demonstrates sufficient cash flow to fund debt service, including acceptable profit margins, cash flows, liquidity and other balance sheet ratios. Historic and projected performance indicates that the borrower is able to meet obligations under most economic circumstances. The Company has competent management with an acceptable track record. The category does not include loans with undue or unwarranted credit risks that constitute identifiable weaknesses. Classified loans: Special Mention – 7: A "special mention" credit has weaknesses that deserve management's close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset at some future date. Substandard – 8: A "substandard" credit is inadequately protected by the current worth and paying capacity of the obligor or by the collateral pledged, if any. Assets so classified must have a well-defined weakness, or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Doubtful – 9: An asset classified "doubtful" has all the weaknesses inherent in one that is classified "substandard-8" with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently known facts, conditions, and values, highly questionable and improbable. The loan has substandard characteristics, and available information suggests that it is unlikely that the loan will be repaid in its entirety. Loss – 10: An asset classified "loss" is considered uncollectible and of such little value that its continuance on the books is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this basically worthless asset, even though partial recovery may be affected in the future. The following tables present the Company's portfolio of risk-rated loans by grade and by year of origination. Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal of loan constitutes a current period origination. Generally, current period renewals of credit are re-underwritten at the point of renewal and considered current period originations for purposes of the table below. December 31, 2023 2023 2022 2021 2020 2019 Prior Total (In Thousands) Commercial & industrial loans Pass $97,377 $123,874 $58,708 $24,177 $13,990 $44,674 $362,800 Classified 3,319 18,790 16,964 7,032 56 2,426 48,587 Total commercial & industrial loans $100,696 $142,664 $75,672 $31,209 $14,046 $47,100 $411,387 Commercial real estate: Owner occupied properties Pass $40,745 $70,925 $69,316 $82,339 $28,588 $71,930 $363,843 Classified — — — 1,115 1,783 2,898 Total commercial real estate owner occupied properties $40,745 $70,925 $69,316 $83,454 $28,588 $73,713 $366,741 Non-owner occupied and multifamily properties Pass $59,990 $96,532 $83,277 $67,037 $56,192 $143,619 $506,647 Classified — — — — — 8,881 8,881 Total commercial real estate non-owner occupied and multifamily properties $59,990 $96,532 $83,277 $67,037 $56,192 $152,500 $515,528 Residential real estate: 1-4 family residential properties secured by first liens Pass $139,829 $47,775 $4,119 $4,070 $2,240 $5,388 $203,421 Classified 224 — — — 93 317 Total residential real estate 1-4 family residential properties secured by first liens $140,053 $47,775 $4,119 $4,070 $2,240 $5,481 $203,738 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens Pass $16,145 $5,417 $3,331 $1,906 $2,277 $4,581 $33,657 Classified — — — — — 339 339 Total residential real estate 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens $16,145 $5,417 $3,331 $1,906 $2,277 $4,920 $33,996 1-4 family residential construction loans Pass $16,845 $4,469 $— $— $— $9,553 $30,867 Classified — — — — — 109 109 Total residential real estate 1-4 family residential construction loans $16,845 $4,469 $— $— $— $9,662 $30,976 Other construction, land development and raw land loans Pass $42,615 $58,714 $32,780 $1,982 $1,454 $7,896 $145,441 Classified — 1,175 — — — 1,757 2,932 Total other construction, land development and raw land loans $42,615 $59,889 $32,780 $1,982 $1,454 $9,653 $148,373 Obligations of states and political subdivisions in the US Pass $— $30,317 $— $— $— $90 $30,407 Classified — — — — — — — Total obligations of states and political subdivisions in the US $— $30,317 $— $— $— $90 $30,407 Agricultural production, including commercial fishing Pass $8,643 $9,649 $17,061 $3,465 $524 $1,665 $41,007 Classified — — — — — — — Total agricultural production, including commercial fishing $8,643 $9,649 $17,061 $3,465 $524 $1,665 $41,007 Consumer loans Pass $3,396 $983 $209 $368 $258 $1,026 $6,240 Classified 1 — — — — — 1 Total consumer loans $3,397 $983 $209 $368 $258 $1,026 $6,241 Other loans Pass $160 $77 $135 $592 $138 $1 $1,103 Classified — — — — — — — Total other loans $160 $77 $135 $592 $138 $1 $1,103 Total loans Pass $425,745 $448,732 $268,936 $185,936 $105,661 $290,423 $1,725,433 Classified 3,544 19,965 16,964 8,147 56 15,388 64,064 Total loans $429,289 $468,697 $285,900 $194,083 $105,717 $305,811 $1,789,497 Total pass loans $425,745 $448,732 $268,936 $185,936 $105,661 $290,423 $1,725,433 Government guarantees (2,792) (8,409) (19,305) (2,295) (12,133) (7,696) (52,630) Total pass loans, net of government guarantees $422,953 $440,323 $249,631 $183,641 $93,528 $282,727 $1,672,803 Total classified loans $3,544 $19,965 $16,964 $8,147 $56 $15,388 $64,064 Government guarantees — (16,805) (15,268) (7,043) — (11,311) (50,427) Total classified loans, net government guarantees $3,544 $3,160 $1,696 $1,104 $56 $4,077 $13,637 December 31, 2022 2022 2021 2020 2019 2018 Prior Total (In Thousands) Commercial & industrial loans Pass $157,555 $86,543 $37,147 $17,881 $9,844 $40,571 $349,541 Classified 137 4,879 397 91 2,737 346 8,587 Total commercial & industrial loans $157,692 $91,422 $37,544 $17,972 $12,581 $40,917 $358,128 Commercial real estate: Owner occupied properties Pass $66,955 $70,777 $90,496 $32,564 $13,233 $69,701 $343,726 Classified — — 1,261 — 165 4,821 6,247 Total commercial real estate owner occupied properties $66,955 $70,777 $91,757 $32,564 $13,398 $74,522 $349,973 Non-owner occupied and multifamily properties Pass $94,412 $82,352 $71,407 $58,033 $16,905 $149,223 $472,332 Classified — — — 274 3 9,661 9,938 Total commercial real estate non-owner occupied and multifamily properties $94,412 $82,352 $71,407 $58,307 $16,908 $158,884 $482,270 Residential real estate: 1-4 family residential properties secured by first liens Pass $52,117 $5,088 $6,001 $2,535 $462 $6,968 $73,171 Classified — — — — 79 131 210 Total residential real estate 1-4 family residential properties secured by first liens $52,117 $5,088 $6,001 $2,535 $541 $7,099 $73,381 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens Pass $6,992 $3,376 $2,041 $2,763 $2,781 $2,060 $20,013 Classified — — — — 239 7 246 Total residential real estate 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens $6,992 $3,376 $2,041 $2,763 $3,020 $2,067 $20,259 1-4 family residential construction loans Pass $26,860 $3,897 $61 $— $— $13,073 $43,891 Classified — — — — — 109 109 Total residential real estate 1-4 family residential construction loans $26,860 $3,897 $61 $— $— $13,182 $44,000 Other construction, land development and raw land loans Pass $38,673 $42,448 $5,740 $1,713 $3,675 $5,112 $97,361 Classified — — — — 369 1,452 1,821 Total other construction, land development and raw land loans $38,673 $42,448 $5,740 $1,713 $4,044 $6,564 $99,182 Obligations of states and political subdivisions in the US Pass $32,319 $— $— $— $219 $1 $32,539 Classified — — — — — — — Total obligations of states and political subdivisions in the US $32,319 $— $— $— $219 $1 $32,539 Agricultural production, including commercial fishing Pass $9,748 $17,692 $3,740 $604 $879 $1,436 $34,099 Classified — — — — — — — Total agricultural production, including commercial fishing $9,748 $17,692 $3,740 $604 $879 $1,436 $34,099 Consumer loans Pass $1,513 $363 $481 $345 $235 $1,391 $4,328 Classified — — — — — 7 7 Total consumer loans $1,513 $363 $481 $345 $235 $1,398 $4,335 Other loans Pass $1,291 $330 $1,547 $384 $— $67 $3,619 Classified — — — — — — — Total other loans $1,291 $330 $1,547 $384 $— $67 $3,619 Total loans Pass $488,435 $312,866 $218,661 $116,822 $48,233 $289,603 $1,474,620 Classified 137 4,879 1,658 365 3,592 16,534 27,165 Total loans $488,572 $317,745 $220,319 $117,187 $51,825 $306,137 $1,501,785 Total pass loans $488,435 $312,866 $218,661 $116,822 $48,233 $289,603 $1,474,620 Government guarantees (25,172) (36,531) (9,751) (12,885) (2,964) (5,314) (92,617) Total pass loans, net of government guarantees $463,263 $276,335 $208,910 $103,937 $45,269 $284,289 $1,382,003 Total classified loans $137 $4,879 $1,658 $365 $3,592 $16,534 $27,165 Government guarantees — (4,396) (1,135) — — (9,293) (14,824) Total classified loans, net government guarantees $137 $483 $523 $365 $3,592 $7,241 $12,341 Past Due Loans The following tables present an aging of contractually past due loans as of the periods indicated: (In Thousands) 30-59 Days 60-89 Days Greater Than Total Past Current Total Greater Than 90 Days Past Due Still Accruing December 31, 2023 Commercial & industrial loans $326 $148 $1,253 $1,727 $409,660 $411,387 $— Commercial real estate: Owner occupied properties — — 260 260 366,481 366,741 — Non-owner occupied and multifamily properties — — — — 515,528 515,528 — Residential real estate: 1-4 family residential properties secured by first liens 458 — 224 682 203,056 203,738 — 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 53 — 155 208 33,788 33,996 — 1-4 family residential construction loans — — 109 109 30,867 30,976 — Other construction, land development and raw land loans — — 1,545 1,545 146,828 148,373 — Obligations of states and political subdivisions in the US — — — — 30,407 30,407 — Agricultural production, including commercial fishing — — — — 41,007 41,007 — Consumer loans 18 1 — 19 6,222 6,241 — Other loans — — — — 1,103 1,103 — Total $855 $149 $3,546 $4,550 $1,784,947 $1,789,497 $— December 31, 2022 Commercial & industrial loans $37 $521 $56 $614 $357,514 $358,128 $— Commercial real estate: Owner occupied properties — — 798 798 349,175 349,973 — Non-owner occupied and multifamily properties — — 274 274 481,996 482,270 — Residential real estate: 1-4 family residential properties secured by first liens 60 79 72 211 73,170 73,381 — 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 112 — 127 239 20,020 20,259 — 1-4 family residential construction loans — — 109 109 43,891 44,000 — Other construction, land development and raw land loans — — 1,545 1,545 97,637 99,182 — Obligations of states and political subdivisions in the US — — — — 32,539 32,539 — Agricultural production, including commercial fishing — — — — 34,099 34,099 — Consumer loans 6 80 — 86 4,249 4,335 — Other loans — — — — 3,619 3,619 — Total $215 $680 $2,981 $3,876 $1,497,909 $1,501,785 $— Nonaccrual Loans Nonaccrual loans net of government guarantees totaled $5.0 million and $6.4 million at December 31, 2023 and December 31, 2022, respectively. The following table presents loans on nonaccrual status and loans on nonaccrual status for which there was no related ACL: December 31, 2023 December 31, 2022 (In Thousands) Nonaccrual Nonaccrual With No ACL Nonaccrual Nonaccrual With No ACL Commercial & industrial loans $3,655 $3,651 $3,294 $3,287 Commercial real estate: Owner occupied properties 271 260 1,457 1,457 Non-owner occupied and multifamily properties — — 274 274 Residential real estate: 1-4 family residential properties secured by first liens 270 224 151 144 1-4 family residential properties secured by junior liens 219 176 246 198 1-4 family residential construction loans 109 109 109 109 Other construction, land development and raw land loans 1,545 1,545 1,545 1,545 Total nonaccrual loans 6,069 5,965 7,076 7,014 Government guarantees on nonaccrual loans (1,067) (1,067) (646) (646) Net nonaccrual loans $5,002 $4,898 $6,430 $6,368 Interest income which would have been earned on nonaccrual loans for 2023, 2022, and 2021 amounted to $499,000, $434,000, and $744,000, respectively. There was $8,000 and $10,000 in interest on nonaccrual loans reversed through interest income in 2023 and 2022, respectively. There was no interest earned on nonaccrual loans with a principal balance during 2023 or 2022. However, the Company recognized interest income of $656,000, $2.2 million, and $1.6 million in 2023, 2022, and 2021, respectively, related to interest collected on nonaccrual loans whose principal has been paid down to zero. Loans are classified as collateral dependent when it is probable that the Company will be unable to collect the scheduled payments of principal and interest when due, and repayment is expected to be provided substantially through the sale of the collateral. As of December 31, 2023 and 2022, there are no collateral dependent loans for which foreclosure is probable. Loan Modifications The Company modifies loans to borrowers experiencing financial difficulty as a normal part of our business. These modifications include providing term extensions/modifications, payment modifications, interest rate modifications, or, on rare occasions, principal forgiveness. When principal forgiveness is provided, the amount of forgiveness is charged-off against the ACL. The Company may provide multiple types of concessions on one loan. As discussed in Note 1, the Company adopted ASU 2022-02 effective January 1, 2023. ASU 2022-02 eliminates the accounting guidance for loans classified as TDRs. TDRs totaled $5.1 million at December 31, 2022. The following table shows the amortized cost basis of the loans that were both experiencing financial difficulty and modified as of the dates indicated, by class and type of modification. The percentage of the amortized cost basis of loans that were modified to borrowers experiencing financial difficulty as compared to the amortized cost basis of each class of financing receivable is also presented below: December 31, 2023 Term Modification Payment Modification Term and payment modifications Total Modifications Percentage of Class of Financing Receivable (In Thousands) Commercial & industrial loans $956 $1,985 $— $2,941 0.71 % Commercial real estate: Owner occupied properties — — 260 260 0.07 % Residential real estate: 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 115 — — 115 0.34 % 1-4 family residential construction loans 109 — — 109 0.35 % Other construction, land development and raw land loans 968 — 577 1,545 1.04 % Total $2,148 $1,985 $837 $4,970 0.28 % The Company has no outstanding commitments to the borrowers included in the previous table. The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the year ended December 31, 2023: December 31, 2023 Principal Forgiveness Weighted-Average Interest Rate Reduction Weighted-Average Term Extension (months) (In Thousands) Commercial & industrial loans $— — % 20 Commercial real estate: Owner occupied properties — — % 5 Residential real estate: 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens — — % 5 1-4 family residential construction loans — — % 5 Other construction, land development and raw land loans — — % 5 The Company monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table presents the payment performance of such loans as of the dates indicated that were modified in the last twelve months: December 31, 2023 30-59 Days Past Due 60-89 Days Past Due Greater Than 89 Days Past Due Total Past Due (In Thousands) Commercial & industrial loans $— $— $956 $956 Commercial real estate: Owner occupied properties — — 260 260 Residential real estate: 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens — — 115 115 1-4 family residential construction loans — — 109 109 Other construction, land development and raw land loans — — 1,545 1,545 Total $— $— $2,985 $2,985 The following table presents the amortized cost basis of loans that had a payment default during 2023 and were modified in the twelve months prior to that default to borrowers experiencing financial difficulty: December 31, 2023 Term modification Term and payment modification (In Thousands) Commercial & industrial loans $956 $— Commercial real estate: Owner occupied properties — 260 Residential real estate: 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 115 — 1-4 family residential construction loans 109 — Other construction, land development and raw land loans 968 577 Total $2,148 $837 Loans to Related Parties Certain directors, and companies of which directors are principal owners, and executive officers have loans with the Company. Such transactions are made on substantially the same terms, including interest rates and collateral required, as those prevailing for similar transactions of unrelated parties. An analysis of the loan transactions for the years indicated follows: (In Thousands) 2023 2022 2021 Balance, beginning of the year $1,996 $191 $217 Loans made 521 1,886 — Repayments 122 81 26 Balance, end of year $2,395 $1,996 $191 The Company had $120,000 of unfunded loan commitments to these directors or their related interests on December 31, 2023 and $110,000 of unfunded loan commitments on December 31, 2022. Pledged Loans At December 31, 2023, there were no loans pledged as collateral to secure public deposits or available borrowing lines. At December 31, 2022, $44.3 million of loans were pledged as collateral to secure available borrowing lines and there were no loans pledged as collateral to secure public deposits..

Purchased Receivables

Purchased Receivables	12 Months Ended
	Dec. 31, 2023
Purchased Receivables [Abstract]
Purchased Receivables	Purchased Receivables Purchased receivables are carried at their principal amount outstanding, net of an ACL, and have a maturity of less than one year. There are no purchased receivables past due at December 31, 2023 or 2022. Income on purchased receivables is accrued and recognized on the balance outstanding using an effective interest method except when management believes doubt exists as to the collectability of the income or principal. There was one nonperforming purchased receivable with a balance of $808,000 as of December 31, 2023 for which management is not accruing income and no nonperforming purchased receivables as of December 31, 2022. The following table summarizes the components of net purchased receivables at December 31, for the years indicated: (In Thousands) 2023 2022 Purchased receivables $36,842 $19,994 Allowance for credit losses - purchased receivables — — Total $36,842 $19,994 The following table sets forth information regarding changes in the ACL on purchased receivables for the periods indicated: (In Thousands) 2023 2022 2021 Balance at beginning of year $— $— $73 Impact of adopting ASC 326 — — (73) Charge-offs — — — Recoveries — — — Charge-offs net of recoveries — — — Benefit for purchased receivables — — — Balance at end of year $— $— $—

Servicing Rights

Servicing Rights	12 Months Ended
	Dec. 31, 2023
Transfers and Servicing [Abstract]
Servicing Rights	Servicing Rights Mortgage servicing rights The following table details the activity in the Company's MSR for the year indicated: (In Thousands) 2023 2022 2021 Balance, beginning of period $18,635 $13,724 $11,218 Additions for new MSR capitalized 3,616 4,623 6,088 Changes in fair value: Due to changes in model inputs of assumptions (1) (922) 1,615 (1,181) Other (2) (1,765) (1,327) (2,401) Carrying value, December 31 $19,564 $18,635 $13,724 (1) Principally reflects changes in discount rates and prepayment speed assumptions, which are primarily affected by changes in interest rates. (2) Represents changes due to collection/realization of expected cash flows over time. The following table details information related to our serviced mortgage loan portfolio as of the dates indicated: (In Thousands) December 31, 2023 December 31, 2022 Balance of mortgage loans serviced for others $1,044,516 $898,840 Weighted average rate of note 4.03 % 3.47 % MSR as a percentage of serviced loans 1.87 % 2.07 % The Company recognized servicing fees of $3.8 million, $3.3 million, and $2.9 million during 2023, 2022, and 2021, respectively, which includes contractually specified servicing fees and ancillary fees which are included in "Mortgage banking income" as a component of other noninterest income in the Company's Consolidated Statements of Income. The following table outlines the weighted average key assumptions used in measuring the fair value of MSRs and the sensitivity of the current fair value of MSRs to immediate adverse changes in those assumptions as of the dates indicated. See Note 24 for additional information on key assumptions for MSRs. (In Thousands) December 31, 2023 December 31, 2022 Fair value of MSRs $19,564 $18,635 Expected weighted-average life (in years) 10.23 9.46 Key assumptions: Constant prepayment rate 1 8.48 % 6.64 % Impact on fair value from 10% adverse change ($1,754) ($518) Impact on fair value from 25% adverse change ($2,552) ($1,233) Discount rate 10.98 % 11.25 % Impact on fair value from 100 basis point increase ($811) ($635) Impact on fair value from 200 basis point increase ($1,560) ($1,224) Cost to service assumptions ($ per loan) $82 $91 Impact on fair value from 10% adverse change ($160) ($153) Impact on fair value from 25% adverse change ($401) ($382) 1 Prepayment speeds are influenced by mortgage interest rates as well as our estimation of drivers of borrower behavior. These sensitivities in the preceding table are hypothetical and caution should be exercised when relying on this data. Changes in value based on variations in assumptions generally cannot be extrapolated because the relationship of the change in the assumption to the change in the value may not be linear. Also, the effect of a variation in a particular assumption on the value of the MSR held is calculated independently without changing any other assumptions. In reality, changes in one factor may result in changes in others, which might magnify or counteract the sensitivities. Commercial servicing rights CSRs have a carrying value of $2.2 million and $2.1 million at December 31, 2023 and 2022, respectively, and total commercial loans serviced for others were $282.2 million and $285.3 million at December 31, 2023 and 2022, respectively. Key assumptions used in measuring the fair value of CSRs as of December 31, 2023 and 2022 include an average conditional prepayment rate of 11.76% and 10.19% and a discount rate of 9.50% and 12.00%, respectively.

Other Real Estate Owned

Other Real Estate Owned	12 Months Ended
	Dec. 31, 2023
Real Estate [Abstract]
Other Real Estate Owned	Other Real Estate Owned At December 31, 2023 and 2022, the Company held zero assets, respectively, as OREO. The following table details net operating (income) expense related to OREO for the years indicated: Years Ended December 31, (In Thousands) 2023 2022 2021 OREO (income) expense, net rental income and gains on sale: OREO operating expense $16 $634 $777 Impairment on OREO 123 — — Rental income on OREO (4) (548) (524) (Gains)/ losses on sale of OREO (929) 414 (685) Total ($794) $500 ($432)

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and Equipment The following summarizes the components of premises and equipment at December 31 for the years indicated: (In Thousands) Useful Life 2023 2022 Land $5,376 $5,376 Furniture and equipment 3-7 years 19,088 15,778 Tenant improvements 2-15 years 11,300 10,409 Buildings 39 years 41,054 39,333 Total Premises and Equipment 76,818 70,896 Accumulated depreciation and amortization (36,125) (33,075) Total Premises and Equipment, Net $40,693 $37,821 Depreciation and amortization expense was $3.3 million, $3.1 million, and $3.3 million for the years ended December 31, 2023, 2022, and 2021, respectively.

Leases

Leases	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Leases	Leases The Company's lease commitments consist primarily of agreements to lease land and office facilities that it occupies to operate several of its retail branch locations that are classified as operating leases and are recognized on the balance sheet as right-of-use (“ROU”) asset and lease liabilities. As of December 31, 2023, the Company has operating lease ROU assets of $9.1 million and operating lease liabilities of $9.1 million. As of December 31, 2022, the Company has operating lease ROU assets of $9.9 million and operating lease liabilities of $9.9 million. The Company does not have any agreements that are classified as finance leases. The following table presents additional information about the Company's operating leases: (In Thousands) 2023 2022 Lease Cost Operating lease cost (1) $2,818 $2,737 Short term lease cost (1) 143 37 Total lease cost $2,961 $2,774 Other information Operating leases - operating cash flows $2,628 $2,545 Weighted average lease term - operating leases, in years 10.41 10.52 Weighted average discount rate - operating leases 3.55 % 3.30 % (1) Expenses are classified within occupancy expense on the Consolidated Statements of Income. The table below reconciles the remaining undiscounted cash flows for the next five years for each twelve-month period presented and the total of the subsequent remaining years to the operating lease liabilities recorded on the balance sheet: (In Thousands) Operating Leases 2024 $2,637 2025 2,285 2026 1,130 2027 731 2028 543 Thereafter 3,876 Total minimum lease payments $11,202 Less: amount of lease payment representing interest (2,110) Present value of future minimum lease payments $9,092

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets A summary of goodwill and intangible assets at December 31, 2023 and 2022, is as follows: (In Thousands) 2023 2022 Intangible assets: Goodwill $15,017 $15,017 Core deposit intangible — 17 Trade name intangible 950 950 Total $15,967 $15,984 The Company performed goodwill impairment testing at December 31, 2023 and December 31, 2022 in accordance with the policy described in Note 1 to the Company's Consolidated Financial Statements included in Part II. Item 8 of this report.

Other Assets

Other Assets	12 Months Ended
	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Assets	Other Assets A summary of other assets as of December 31, 2023 and 2022, is as follows: (In Thousands) 2023 2022 Other assets: Investment in Low Income Housing Partnerships $27,992 $17,289 Interest rate swaps not designated as hedging instruments, at fair value 10,470 12,725 Deferred taxes, net 5,764 11,367 Accrued interest receivable 11,958 9,937 Bank owned life insurance, net 3,837 4,345 Prepaid expenses 2,627 2,358 Commercial servicing rights, at fair value 2,200 2,129 Equity method investments 1,260 1,925 Taxes receivable 1,726 1,749 Software 740 1,741 Interest rate lock commitments 342 440 Other assets 2,873 2,841 Total $71,789 $68,846 Low Income Housing Partnerships: The following table shows the Company's commitments to invest in various LIHTC partnerships. The Company earns a return on its investments in the form of tax credits and deductions that flow through to it as a limited partner in these partnerships. The Company recognized amortization expense of $3.6 million, $3.4 million, and $3.5 million in 2023, 2022, and 2021, respectively. The Company expects to fund its remaining $14.0 million in commitments on these investments through 2038. (In Thousands) Date of original commitment Years over which tax benefits are earned Original commitment amount Less: life to date contributions Remaining commitment amount USA 57 December 2006 15 3,000 (3,000) — WNC December 2012 16 2,500 (2,500) — R4 - Coronado March 2013 17 10,729 (10,654) 75 R4 - MVV May 2014 17 8,528 (8,388) 140 R4 - PJ33 June 2016 17 6,835 (6,677) 158 R4 - Coronado II July 2019 17 7,302 (7,047) 255 R4 - Duke Apartments November 2019 17 3,985 (3,768) 217 R4 - Aspen House July 2023 17 8,534 (632) 7,902 R4 - Old Mat II July 2023 17 5,739 (525) 5,214 Total $57,152 ($43,191) $13,961

Deposits

Deposits	12 Months Ended
	Dec. 31, 2023
Deposits [Abstract]
Deposits	Deposits Deposits: At December 31, 2023, the scheduled maturities of certificates of deposit are as follows: (In Thousands) 2024 $268,526 2025 56,842 2026 3,633 2027 139 2028 354 Thereafter 1,757 Total $331,251 The Company offers IntraFi ® Network Deposits SM as a member of IntraFi® Network SM (Network). When a Network member places a deposit using IntraFi Network Deposits, that certificate of deposit or deposit account is divided into amounts under the standard FDIC insurance maximum ($250,000) and is allocated among member banks, making the large deposit eligible for FDIC insurance. In addition to customer deposit placement, the IntraFi Network Deposits also allows placement of the Bank's own investment dollars. The Company had $48.1 million in IntraFi Network Deposits certificates of deposits and $333.1 million in IntraFi Network Deposits in deposit accounts at December 31, 2023 and $30.2 million in IntraFi Network Deposits certificates of deposits and $209.0 million in IntraFi Network Deposits in deposit accounts at December 31, 2022. At December 31, 2023 and 2022, the Company held $3.5 million and $3.8 million, respectively, in deposits for related parties, including directors, executive officers, and their affiliates. At December 31, 2023 and 2022, the Company reclassified $259,000 and $1.3 million, respectively, in overdrafts from deposits to loans.

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Borrowings	Borrowings The Company has a maximum line of credit with the FHLB approximating 45% of eligible assets, however the Company is subject to provisions under Alaska state law, which generally limit the amount of the Bank's outstanding debt to 35% of total assets or $975.9 million at December 31, 2023 and $929.3 million at December 31, 2022. FHLB advances are subject to collateral criteria that require the Company to pledge assets under a blanket pledge arrangement as collateral for its borrowings from the FHLB. Based on assets currently pledged and advances currently outstanding at December 31, 2023, the Company's available borrowing line is $347.4 million, representing approximately 12% of total assets. Additional advances of up to 45% of eligible assets, or $1.25 billion, are dependent on the availability of acceptable collateral such as marketable securities or real estate loans, although all FHLB advances are secured by a blanket pledge of the Company’s assets. The Company has outstanding FHLB advances of $13.7 million and $14.1 million as of December 31, 2023 and 2022, respectively, which were originated to match fund low income housing projects that qualify for long-term fixed interest rates. These advances have original terms of either 18 or 20 years with 30 year amortization periods and fixed interest rates ranging from 1.23% to 3.25%. The Federal Reserve Bank is holding $60 million of securities as collateral to secure available borrowing lines through the discount window of $58.3 million at December 31, 2023. There were no discount window advances outstanding at December 31, 2023 and 2022. The Company paid less than $1,000 in interest in 2023 and 2022 on this agreement. The Federal Reserve Bank is holding $20 million of investment securities as collateral to secure the Company's ability to take advances through the Federal Reserve Bank's Bank Term Funding Program (“BTFP”) as of December 31, 2023. There were no BTFP advances outstanding at December 31, 2023. Securities sold under agreements to repurchase were zero for both December 31, 2023 and 2022. The future principal payments that are required on the Company’s borrowings as of December 31, 2023, are as follows: (In Thousands) 2023 $431 2024 441 2025 453 2026 462 2027 474 Thereafter 11,414 Total $13,675 The Company recognized interest expense of $1.8 million, $339,000, and $320,000 on borrowings and securities sold under repurchase agreements in 2023, 2022, and 2021, respectively. The average interest rates paid on long-term debt in the same periods was 4.24%, 2.92%, and 2.90%, respectively.

Junior Subordinated Debentures

Junior Subordinated Debentures	12 Months Ended
	Dec. 31, 2023
Junior Subordinated Notes [Abstract]
Junior Subordinated Debentures	Junior Subordinated Debentures    In December of 2005, the Company formed a wholly-owned Connecticut statutory business trust subsidiary, Northrim Statutory Trust 2 (the “Trust 2”), which issued $10 million of guaranteed undivided beneficial interests in the Company’s Junior Subordinated Deferrable Interest Debentures (“Trust Preferred Securities 2”). These debentures qualify as Tier 1 capital under Federal Reserve Board guidelines.  All of the common securities of Trust 2 are owned by the Company. The proceeds from the issuance of the common securities and the Trust Preferred Securities 2 were used by Trust 2 to purchase $10.3 million of junior subordinated debentures of the Company. Trust 2 is not consolidated in the Company’s financial statements in accordance with GAAP; therefore, the Company has recorded its investment in Trust 2 as an other asset and the subordinated debentures as a liability. The debentures, which represent the sole asset of Trust 2, accrue and pay distributions quarterly at a variable rate of 90-day CME SOFR plus tenor spread adjustment 0.26% plus 1.37% per annum, adjusted quarterly, of the stated liquidation value of $1,000 per capital security as of December 31, 2023.  The debentures accrued and paid distributions quarterly at a variable rate of 90-day LIBOR plus 1.37% per annum, adjusted quarterly, of the stated liquidation value of $1,000 per capital security through the cessation of LIBOR in 2023. The interest rate on these debentures was 7.02% at December 31, 2023 compared to 6.14% at December 31, 2022. The interest cost to the Company on these debentures was $693,000, $326,000, and $160,000 in 2023, 2022, and 2021, respectively. The Company has entered into contractual arrangements which, taken collectively, fully and unconditionally guarantee payment of: (i) accrued and unpaid distributions required to be paid on the Trust Preferred Securities 2; (ii) the redemption price with respect to any Trust Preferred Securities 2 called for redemption by Trust 2; and (iii) payments due upon a voluntary or involuntary dissolution, winding up or liquidation of Trust 2.  The Trust Preferred Securities 2 are mandatorily redeemable upon maturity of the debentures on March 15, 2036, or upon earlier redemption as provided in the indenture. The Company has the right to redeem the debentures purchased by Trust 2 in whole or in part, on or after March 15, 2011. As specified in the indenture, if the debentures are redeemed prior to maturity, the redemption price will be the principal amount and any accrued but unpaid interest.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The following table shows changes in accumulated other comprehensive income (loss) by component for the years ended December 31, 2023, 2022, and 2021: (In Thousands) Unrealized gains (losses) on securities available for sale Unrealized gains (losses) on derivatives and hedging Total Balance at December 31, 2020 $1,259 ($1,241) $18 Other comprehensive income (loss), net of tax expense of $1,360 (3,982) 558 (3,424) Balance at December 31, 2021 ($2,723) ($683) ($3,406) Other comprehensive income (loss), net of tax benefit of $(10,199) (27,399) 1,724 (25,675) Balance at December 31, 2022 ($30,122) $1,041 ($29,081) Other comprehensive income (loss), net of tax expense of $(5,023) 12,707 (63) 12,644 Balance at December 31, 2023 ($17,415) $978 ($16,437)

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2023
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans Employees of the Company are eligible to participate in the Company's 401(k) plan immediately upon date of hire. Employees may elect to have a portion of their salary contributed to the 401(k) plan in accordance with Section 401(k) of the Internal Revenue Code of 1986 (the “Code”). The Company provides for a mandatory $1.00 match for each $1.00 contributed by employees of the Bank up to 5.5% of the employee’s eligible salary. The Company provides for a mandatory $1.00 match for each $1.00 contributed by employees of RML up to 3% of the employee’s eligible salary. The Bank or RML may increase the matching contribution at the discretion of the Board of Directors. The Company expensed $2.0 million, $2.1 million, and $1.8 million, in 2023, 2022, and 2021, respectively, for 401(k) contributions and included this expense in "Salaries and other personnel expense" in the Consolidated Statements of Income. On July 1, 1994, the Bank implemented a Supplemental Executive Retirement Plan for executive officers of the Bank whose retirement benefits under the 401(k) plan have been limited under provisions of the Code. Contributions to this plan totaled $350,000, $264,000, and $281,000, in 2023, 2022, and 2021, respectively. These expenses are included in "Salaries and other personnel expense" in the Consolidated Statements of Income. At December 31, 2023 and 2022, the balance of the accrued liability for this plan was included in "Other liabilities" and totaled $2.4 million and $2.1 million, respectively. RML has established a non-qualified deferred compensation plan ("DCP"), under which RML has agreed to make payment to certain key executives and loan officers, based on contributions made by RML to the plan. Contributions and earnings made to the participant accounts for the DCP are vested over ten years. The Company recorded expenses of $333,000, $516,000, and $959,000 in 2023, 2022, and 2021, respectively. RML's recorded obligation under the DCP amounted to $1.9 million and $3.1 million at December 31, 2023 and 2022, respectively, and was included in "Other liabilities". In February of 2002, the Bank implemented a non-qualified deferred compensation plan in which certain of the executive officers participate. The Bank's net liability under this plan is dependent upon market gains and losses on assets held in the plan. The Bank recognized a decrease in its liability of $10,000 in 2023, a decrease in its liability of $51,000 in 2022, and an increase in its liability of $173,000 in 2021. These changes are included in "Salaries and other personnel expense" in the Consolidated Statements of Income. At both December 31, 2023 and 2022, the balance of the accrued liability for this plan was included in "Other liabilities" and totaled $1.8 million. In November of 2011, the Bank implemented a Profit Sharing Plan. All employees of the Bank employed on the last day of the calendar year are eligible and will participate in the Profit Sharing Plan. The aggregate amount to be paid to employees under the Profit Sharing Plan is determined using Company-wide performance goals that are established by the Compensation Committee of the Board of Directors. If the performance goals are met for the year, profit sharing for the period is calculated based on a formula that is also approved by the Compensation Committee each year. The Compensation Committee has complete discretion to designate an employee as ineligible for profit sharing, or to adjust the amount of profit share payments by individual employee or in aggregate. Profit share expense was $2.5 million, $3.8 million, and $4.2 million for 2023, 2022, and 2021, respectively. At December 31, 2023 and 2022, the Company had accrued $1.6 million and $1.4 million, respectively, related to employee's paid time off benefit. The balance of the accrued liability for this plan was included in "Other liabilities"

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Employee benefit plans: The Company is self-insured for medical, dental, and vision plan benefits provided to employees. The Company has obtained stop-loss insurance to limit total medical claims in any one year to $200,000 per covered individual. The Company has established a liability for outstanding incurred but unreported claims. While management uses what it believes are pertinent factors in estimating the liability, it is subject to change due to claim experience, type of claims, and rising medical costs. Legal proceedings: The Company from time to time may be involved with disputes, claims, and litigation related to the conduct of its banking business. In the opinion of management, the resolution of these matters will not have a material effect on the Company’s financial position, results of operations, or cash flows. Financial Instruments with Off-Balance Sheet Risk: In the ordinary course of business, the Company enters into various types of transactions that involve financial instruments with off-balance sheet risk. These instruments include commitments to extend credit and standby letters of credit and are not reflected in the accompanying balance sheets. These transactions may involve to varying degrees credit and interest rate risk in excess of the amount, if any, recognized in the balance sheets. Certain commitments are collateralized. We apply the same credit standards to these commitments as in all of our lending activities and include these commitments in our lending risk evaluations. Management does not anticipate any loss as a result of these commitments. The Company’s off-balance sheet credit risk exposure is the contractual amount of commitments to extend credit and standby letters of credit. The Company applies the same credit standards to these contracts as it uses in its lending process. The following table presents the off-balance sheet commitments as of December 31, 2023 and December 31, 2022: (In Thousands) 2023 2022 Off-balance sheet commitments: Commitments to extend credit $445,879 $464,972 Commitments to originate loans held for sale $22,926 $29,065 Standby letters of credit $26,794 $3,679 Commitments to extend credit are agreements to lend to customers. These commitments have specified interest rates and generally have fixed expiration dates but may be terminated by the Company if certain conditions of the contract are violated. Our exposure to credit loss under commitments to extend credit is represented by the amount of these commitments. Although currently subject to draw down, many of the commitments do not necessarily represent future cash requirements. Collateral held relating to these commitments varies, but generally includes real estate, inventory, accounts receivable, and equipment. Mortgage loans sold to investors may be sold with servicing rights released, for which the Company makes only standard legal representations and warranties as to meeting certain underwriting and collateral documentation standards. In the past two years, the Company has had to repurchase eighteen loans due to deficiencies in underwriting or loan documentation and has not realized significant losses related to these loans. Management believes that any liabilities that may result from such recourse provisions are not significant. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Credit risk arises in these transactions from the possibility that a customer may not be able to repay the Company upon default of performance. Collateral held for standby letters of credit is based on an individual evaluation of each customer’s creditworthiness. Total unfunded commitments were $495.6 million and $497.7 million at December 31, 2023 and 2022, respectively. The Company does not expect that all of these commitments are likely to be fully drawn upon at any one time. The Company has an ACL related to these commitments and letters of credit that is recorded in "Other liabilities" on the Consolidated Balance Sheets. The ACL for unfunded commitments was $2.4 million and $2.0 million as of December 31, 2023 and 2022, respectively. Capital Expenditures and Commitments: At December 31, 2023, the Company has $625,000 capital commitments related to new branch construction. There were no other material changes outside of the ordinary course of business to any of our material contractual obligations during 2023. Contingencies: At December 31, 2022, the Company held a government guarantee related to the OREO property that was sold in December 2022, however, the value of this guarantee was not included in the Company's financial statements in 2022 due to uncertainty as to the total amount that will be received from the guarantee. The Company received $929,000 related to this government guarantee in 2023, which was recorded in other operating expense upon receipt. The Company received an additional $392,000 in January 2024. No further proceeds are expected.

Derivatives

Derivatives	12 Months Ended
	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives Interest rate swaps related to community banking activities The Company enters into commercial loan interest rate swaps with commercial banking customers which are offset with a corresponding swap agreement with a third party financial institution (“counterparty”). The Company has agreements with its counterparties that contain provisions that provide that if the Company fails to maintain its status as a "well-capitalized" institution, then the counterparty could terminate the derivative positions and the Company would be required to settle its obligations under the agreements. These agreements also require that the Company and the counterparty collateralize any fair value shortfalls that exceed $250,000 with eligible collateral, which includes cash and securities backed with the full faith and credit of the federal government. Similarly, the Company could be required to settle its obligations under the agreement if specific regulatory events occur, such as if the Company were issued a prompt corrective action directive or a cease and desist order, or if certain regulatory ratios fall below specified levels. The Company pledged $566,000 and $553,000 in available for sale securities to collateralize fair value shortfalls on interest rate swap agreements as of December 31, 2023 and 2022, respectively. The Company had interest rate swaps related to commercial loans with an aggregate notional amount of $218.0 million and $226.2 million at December 31, 2023 and 2022, respectively. At December 31, 2023, the notional amount of interest rate swaps is made up of 20 variable to fixed rate swaps to commercial loan customers totaling $109.0 million, and 20 fixed to variable rate swap with a counterparty totaling $109.0 million. Changes in fair value from these 40 interest rate swaps offset each other in both 2023 and 2022. The Company recognized $61,000, $157,000, and $452,000 in fee income related to interest rate swaps in 2023 and 2022, and 2021, respectively. Interest rate swap income is recorded in other operating income on the Consolidated Statements of Income. None of these interest rate swaps are designated as hedging instruments. The Company has an interest rate swap to hedge the variability in cash flows arising out of its junior subordinated debentures, which is floating rate debt, by swapping the cash flows with an interest rate swap which receives floating and pays fixed. The Company has designated this interest rate swap as a hedging instrument. The interest rate swap effectively fixes the Company's interest payments on the $10.0 million of junior subordinated debentures held under Trust 2 at 3.72% through its maturity date. The floating rate that the dealer pays was equal to the three month LIBOR plus 1.37% through September 15, 2023. The floating rate that the dealer pays is now equal to the three month CME SOFR plus tenor spread adjustment 0.26% plus 1.37%, which reprices quarterly on the payment date. This rate was 7.02% as of December 31, 2023. The Company pledged $130,000 in cash to collateralize initial margin and fair value exposure of our counterparty on this interest rate swap as of December 31, 2023 and 2022, respectively. Changes in the fair value of this interest rate swap are reported in other comprehensive income. The unrealized gain on this interest rate swap was $1.4 million and the unrealized loss on this interest rate swap was $1.5 million as of December 31, 2023 and 2022, respectively. Interest rate swaps related to home mortgage lending activities The Company also uses derivatives to hedge the risk of changes in the fair values of interest rate lock commitments. The Company enters into commitments to originate residential mortgage loans at specific rates; the value of these commitments are detailed in the table below as "interest rate lock commitments". The Company also hedges the interest rate risk associated with its residential mortgage loan commitments, which are referred to as "retail interest rate contracts" in the table below. Market risk with respect to commitments to originate loans arises from changes in the value of contractual positions due to changes in interest rates. At December 31, 2023 and 2022, RML had commitments to originate mortgage loans held for sale totaling $22.9 million and $29.1 million, respectively. Changes in the value of RML's interest rate derivatives are recorded in mortgage banking income on the Consolidated Statements of Income. None of these home mortgage lending derivatives are designated as hedging instruments. The following table presents the fair value of derivatives not designated as hedging instruments as of the dates noted: (In Thousands) Asset Derivatives December 31, 2023 December 31, 2022 Balance Sheet Location Fair Value Fair Value Interest rate swaps Other assets $10,470 $12,725 Interest rate lock commitments Other assets 342 440 Retail interest rate contracts Other assets — — Total $10,812 $13,165 (In Thousands) Liability Derivatives December 31, 2023 December 31, 2022 Balance Sheet Location Fair Value Fair Value Interest rate swaps Other liabilities $10,470 $12,725 Retail interest rate contracts Other liabilities 13 3 Total $10,483 $12,728 The following table presents the net gains (losses) of derivatives not designated as hedging instruments as of the dates noted: (In Thousands) Income Statement Location December 31, 2023 December 31, 2022 Retail interest rate contracts Mortgage banking income $161 $4,335 Interest rate lock commitments Mortgage banking income (92) (866) Total $69 $3,469 Our derivative transactions with counterparties under International Swaps and Derivatives Association master agreements include “right of set-off” provisions. “Right of set-off” provisions are legally enforceable rights to offset recognized amounts and there may be an intention to settle such amounts on a net basis. We do not offset such financial instruments for financial reporting purposes. The following table summarizes the derivatives that have a right of offset as of December 31, 2023 and 2022: December 31, 2023 Gross amounts not offset in the Statement of Financial Position (In Thousands) Gross amounts of recognized assets and liabilities Gross amounts offset in the Statement of Financial Position Net amounts of assets and liabilities presented in the Statement of Financial Position Financial Instruments Collateral Posted Net Amount Asset Derivatives Interest rate swaps $10,470 $— $10,470 $— $— $10,470 Liability Derivatives Interest rate swaps $10,470 $— $10,470 $— $10,470 $— Retail interest rate contracts 13 — 13 — — 13 December 31, 2022 Gross amounts not offset in the Statement of Financial Position (In Thousands) Gross amounts of recognized assets and liabilities Gross amounts offset in the Statement of Financial Position Net amounts of assets and liabilities presented in the Statement of Financial Position Financial Instruments Collateral Posted Net Amount Asset Derivatives Interest rate swaps $12,725 $— $12,725 $— $— $12,725 Retail interest rate contracts — — — — — — Liability Derivatives Interest rate swaps $12,725 $— $12,725 $— $12,725 $—

Common Stock

Common Stock	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Common Stock	Common Stock Quarterly cash dividends were paid aggregating to $13.6 million, $10.6 million, and $9.4 million, or $2.40 per share, $1.82 per share, and $1.50 per share, in 2023, 2022, and 2021, respectively. On January 26, 2024, the Company announced that its Board of Directors declared a $0.61 per share cash dividend payable on March 15, 2024, to shareholders of record on March 7, 2024. Federal and State regulations place certain limitations on the payment of dividends by the Company.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company adopted the 2023 Stock Incentive Plan (“2023 Plan”) following shareholder approval of the 2023 Plan at the 2023 Annual Meeting. Subsequent to the adoption of the 2023 Plan, no additional grants may be issued under the prior plans. The 2023 Plan provides for grants of up to 325,000 shares, which includes any shares subject to stock awards under the Company's previous stock incentive plans. Stock Options: Under the 2020 Stock Incentive Plan and previous plans, certain key employees have been granted the option to purchase set amounts of common stock at the market price on the day the option was granted. Optionees, at their own discretion, may pay cash to cover the cost of exercise, may cover the cost of exercise through the exchange at the then fair value of already owned shares of the Company’s stock, or they may cover the cost of exercise through net settlement of a portion of the stock options exercised in satisfaction of the exercise price and applicable tax withholding requirements. The two latter options are referred to as cashless stock option exercises. Options are granted for a 10-year period and vest on a pro-rata basis over the initial three years from the grant date. The Company measures the fair value of each stock option at the date of grant using the Black-Scholes option pricing model using assumptions noted in the following table. Expected volatility is based on the historical volatility of the price of the Company’s common stock. The Company uses historical data to estimate option exercise and stock option forfeiture rates within the valuation model. The expected term of options granted is determined based on historical experience with similar options and represents the period of time that options granted are expected to be outstanding. The expected dividend yield is based on dividend trends and the market value of the Company’s common stock at the time of grant. The risk-free rate for periods within the expected life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. The following assumptions were used to determine the fair value of stock options as of the grant date to determine compensation expense for the years ended December 31, 2023, 2022, and 2021: Stock Options: 2023 2022 2021 Grant date fair value NA NA $10.27 Expected life of options NA NA 8 years Risk-free interest rate NA NA 1.33 % Dividend yield rate NA NA 3.86 % Price volatility NA NA 36.46 % The following table summarizes stock option activity during 2023: Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life, in Years Outstanding at January 1, 2023 120,195 $34.21 Granted — — Forfeited — — Exercised (15,585) 28.54 Outstanding at December 31, 2023 104,610 $35.06 5.05 At December 31, 2023, 2022, and 2021, there were 100,830, 106,714, and 107,553 options exercisable, with weighted average exercise prices of $34.80, $33.78, and $32.63, respectively. The aggregate intrinsic value of the stock options is the total pretax intrinsic value (i.e., the difference between the Company’s closing stock price on December 31, 2023 and the exercise price, times the number of shares) that would have been received by the option holders had all the option holders exercised their options on December 31, 2023. This amount changes based on the fair value of the Company’s stock. The total intrinsic value of options outstanding and exercisable as of December 31, 2023, 2022, and 2021 was $2.3 million, $2.2 million, and $1.2 million, respectively. The total intrinsic value of options exercised for the years ended December 31, 2023, 2022, and 2021 was $355,000, $307,000, and $969,000, respectively. As noted above, the Company allows stock options to be exercised through cash or cashless transactions. In each of 2023, 2022, and 2021 the Company received no cash for cash stock option exercises. In 2023, 2022, and 2021 the Company net settled $445,000, $475,000, and $1.4 million respectively, for cashless stock option exercises. The Company withheld $534,000, $559,000, and $1.7 million to pay for stock option exercises or income taxes that resulted from the exercise of stock options in 2023, 2022, and 2021, respectively. For the years ended December 31, 2023, 2022 and 2021, the Company recognized $74,000, $108,000, and $173,000, respectively, in stock option compensation expense. As of December 31, 2023, there was approximately $36,000 of total unrecognized compensation expense related to non-vested options, which is expected to be recognized over the weighted-average vesting period of 0.9 years. Restricted Stock Units: Under the 2023 Plan, the Company grants restricted stock units to certain key employees periodically. Recipients of restricted stock units do not pay any cash consideration to the Company for the shares and receive all dividends with respect to such shares when the shares vest. Restricted stock units cliff vest at the end of a three-year time period. The following table summarizes restricted stock unit activity during 2023: Number of Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Life, in Years Outstanding at January 1, 2023 38,502 $34.12 Granted 25,280 45.43 Dividend equivalents awarded 2,826 — Vested (21,677) 28.26 Forfeited (1,903) 37.53 Outstanding at December 31, 2023 43,028 $41.32 1.98 The total intrinsic value of restricted stock units vested for the years ended December 31, 2023, 2022, and 2021 was $1.1 million, $1.1 million, and $1.3 million, respectively. For the years ended December 31, 2023, 2022 and 2021, the Company recognized $751,000, $634,000, and $900,000, respectively, in restricted stock unit compensation expense. As of December 31, 2023, there was approximately $955,000 of total unrecognized compensation expense related to non-vested options, which is expected to be recognized over the weighted-average vesting period of 2.0 years. Performance Stock Units: Under the 2023 Plan and previous plans, the Company grants performance stock units to certain key employees periodically. Recipients of performance stock units do not pay any cash consideration to the Company for the shares and receive all dividends with respect to such shares when the shares vest. Performance stock units cliff vest at the end of a three-year time period if the performance criteria are met. The following table summarizes performance stock unit activity during 2023: Number of Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Life, in Years Outstanding at January 1, 2023 — $— Granted 9,453 45.43 Dividend equivalents awarded 393 — Vested — — Forfeited — — Outstanding at December 31, 2023 9,846 $43.62 2.23 The Company recognized $111,000 for the year ended December 31, 2023 in performance stock unit compensation expense and zero for the years ended December 31, 2022 and 2021. As of December 31, 2023, there was approximately $318,000 of total unrecognized compensation expense related to non-vested options, which is expected to be recognized over the weighted-average vesting period of 2.2 years.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2023
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Regulatory Matters	Regulatory Matters The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum requirements can initiate certain mandatory, and possibly discretionary, actions by regulators that, if undertaken, could have a direct material effect on a company's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of the Company’s and the Bank’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory practices. The Company’s and the Bank’s capital amounts and classification are also subject to qualitative judgment by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Company and Bank to maintain minimum amounts and ratios (set forth in the following table) of total capital, Tier 1 capital, and common equity Tier 1 to risk-weighted assets, and of Tier 1 capital to average assets (as defined in the regulations). The tables below illustrate the capital requirements for the Company and the Bank and the actual capital ratios for each entity that exceed these requirements. The dividends that the Bank pays to the Company are limited to the extent necessary for the Bank to meet the regulatory requirements of a “well-capitalized” bank. The capital ratios for the Company exceed those for the Bank primarily because the $10 million trust preferred securities offerings that the Company completed in the fourth quarter of 2005 are included in the Company’s capital for regulatory purposes although they are accounted for as a liability in its financial statements. The trust preferred securities are not included in the Bank's capital ratios. Northrim BanCorp, Inc. Actual Adequately-Capitalized Well-Capitalized (In Thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2023: Common equity tier 1 capital (to risk-weighted assets) $235,378 10.98 % $96,466 ≥ 4.5 % NA NA Total Capital (to risk-weighted assets) $264,775 12.35 % $171,514 ≥ 8 % NA NA Tier I Capital (to risk-weighted assets) $245,087 11.43 % $128,655 ≥ 6 % NA NA Tier I Capital (to average assets) $245,087 8.72 % $112,425 ≥ 4 % NA NA As of December 31, 2022: Common equity tier 1 capital (to risk-weighted assets) $231,920 12.29 % $84,918 ≥ 4.5 % NA NA Total Capital (to risk-weighted assets) $257,425 13.64 % $150,982 ≥ 8 % NA NA Tier I Capital (to risk-weighted assets) $241,617 12.81 % $113,170 ≥ 6 % NA NA Tier I Capital (to average assets) $241,617 9.01 % $107,266 ≥ 4 % NA NA Northrim Bank Actual Adequately-Capitalized Well-Capitalized (In Thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2023: Common equity tier 1 capital (to risk-weighted assets) $210,179 9.89 % $95,633 ≥ 4.5 % $138,136 ≥ 6.5 % Total Capital (to risk-weighted assets) $229,772 10.81 % $170,044 ≥ 8 % $212,555 ≥ 10 % Tier I Capital (to risk-weighted assets) $210,084 9.88 % $127,581 ≥ 6 % $170,109 ≥ 8 % Tier I Capital (to average assets) $210,084 7.51 % $111,896 ≥ 4 % $139,870 ≥ 5 % As of December 31, 2022: Common equity tier 1 capital (to risk-weighted assets) $198,034 10.59 % $84,150 ≥ 4.5 % $121,551 ≥ 6.5 % Total Capital (to risk-weighted assets) $213,745 11.42 % $149,734 ≥ 8 % $187,167 ≥ 10 % Tier I Capital (to risk-weighted assets) $197,937 10.58 % $112,252 ≥ 6 % $149,669 ≥ 8 % Tier I Capital (to average assets) $197,937 7.42 % $106,705 ≥ 4 % $133,381 ≥ 5 % As of the most recent notification from its regulatory agencies, the Bank was categorized as "well-capitalized" under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the Bank’s regulatory capital category. Management believes, as of December 31, 2023, that the Company and Bank meets all capital adequacy requirements to which they are subject.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Components of the provision for income taxes are as follows: (In Thousands) Current Tax Expense (Benefit) Deferred Expense (Benefit) Total Expense 2023: Federal $1,120 $388 $1,508 State 944 192 1,136 Amortization of investment in low income housing tax credit partnerships 3,570 — 3,570 Total $5,634 $580 $6,214 2022: Federal $1,412 $1,412 $2,824 State 860 698 1,558 Amortization of investment in low income housing tax credit partnerships 3,371 — 3,371 Total $5,643 $2,110 $7,753 2021: Federal $5,090 ($869) $4,221 State 3,182 (429) 2,753 Amortization of investment in low income housing tax credit partnerships 3,502 — 3,502 Total $11,774 ($1,298) $10,476 The actual expense for 2023, 2022, and 2021, differs from the “expected” tax expense (computed by applying the U.S. Federal Statutory Tax Rate of 21% for the years ended December 31, 2023, 2022 and 2021) as follows: (In Thousands) 2023 2022 2021 Computed “expected” income tax expense $6,638 $8,084 $10,079 State income taxes, net 897 1,231 2,175 Tax-exempt interest on investment securities and loans (459) (358) (238) Amortization of investment in low income housing tax credit partnerships, net 3,192 3,191 3,163 Low income housing tax credits (3,627) (3,725) (3,694) Other (427) (670) (1,009) Total $6,214 $7,753 $10,476 The components of the net deferred tax asset are as follows: (In Thousands) 2023 2022 2021 Deferred Tax Asset: Allowance for loan losses $5,347 $4,263 $3,126 Loan fees, net of costs 649 778 1,956 Interest income, nonaccrual loans 356 370 482 Deferred compensation 1,674 1,822 1,344 Equity compensation 466 404 406 Operating lease liabilities 2,585 2,805 3,117 Accrued liabilities 941 1,286 1,826 Unrealized loss on available for sale investment securities 7,057 11,976 1,270 Unrealized loss on marketable equity securities 176 178 — Other 280 285 837 Total Deferred Tax Asset $19,531 $24,167 $14,364 Deferred Tax Liability: Intangible amortization ($2,746) ($1,886) ($1,453) Mortgage servicing rights (6,065) (5,789) (4,172) Depreciation and amortization (1,463) (1,261) (1,515) Operating lease right-of-use assets (2,585) (2,806) (3,128) Unrealized gain on available for sale investment securities (139) (11) (189) Unrealized gain on marketable equity securities (50) (18) (159) Other (719) (1,029) (470) Total Deferred Tax Liability ($13,767) ($12,800) ($11,086) Net Deferred Tax Asset $5,764 $11,367 $3,278 A valuation allowance is provided when it is more likely than not that some portion of the deferred tax asset will not be realized. The primary source of recovery of the deferred tax asset will be future taxable income. Management believes it is more likely than not that the results of future operations will generate sufficient taxable income to realize the deferred tax asset. The deferred tax asset is included in "Other assets" in the Consolidated Balance Sheets. As of December 31, 2023, the Company had no unrecognized tax benefits. The tax years subject to examination by federal taxing authorities are the years ending December 31, 2023, 2022, 2021, and 2020. The tax years subject to examination by the State of Alaska are the years ending December 31, 2023, 2022, 2021, 2020, 2019 and 2018.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Assets and Liabilities Measured at Fair Value on a Recurring Basis Investment securities available for sale and marketable equity securities: Fair values are based on quoted market prices, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments. Servicing rights: MSR and CSR are measured at fair value on a recurring basis. These assets are classified as Level 3 as quoted prices are not available. In order to determine the fair value of MSR and CSR, the present value of net expected future cash flows is estimated. Assumptions used include market discount rates, anticipated prepayment speeds, escrow calculations, delinquency rates, and ancillary fee income net of servicing costs. The model assumptions are also compared to publicly filed information from several large MSR holders, as available. Derivative instruments: The fair value of the interest rate lock commitments are estimated using quoted or published market prices for similar instruments, adjusted for factors such as pull-through rate assumptions based on historical information, where appropriate. The pull-through rate assumptions are considered Level 3 valuation inputs and are significant to the interest rate lock commitment valuation; as such, the interest rate lock commitment derivatives are classified as Level 3. Interest rate contracts are valued in a model, which uses as its basis a discounted cash flow technique incorporating credit valuation adjustments to reflect nonperformance risk in the measurement of fair value. Although the Company has determined that the majority of inputs used to value its interest rate derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and its counterparties. However, as of December 31, 2023, the Company has assessed the significance of the impact of these adjustments on the overall valuation of its interest rate positions and has determined that they are not significant to the overall valuation of its interest rate derivatives. As a result, the Company has classified its interest rate derivative valuations in Level 2 of the fair value hierarchy. Commitments to extend credit and standby letters of credit : The fair value of commitments is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair value of letters of credit is based on fees currently charged for similar agreements or on the estimated cost to terminate them or otherwise settle the obligation with the counterparties at the reporting date. Assets Subject to Nonrecurring Adjustment to Fair Value: The Company is also required to measure certain assets such as equity method investments, goodwill, intangible assets, loans held for sale, impaired loans, and OREO at fair value on a nonrecurring basis in accordance with GAAP. Any nonrecurring adjustments to fair value usually result from the writedown of individual assets. The Company uses either in-house evaluations or external appraisals to estimate the fair value of OREO and loans individually evaluated for credit losses as of each reporting date. In-house appraisals are considered Level 3 inputs and external appraisals are considered Level 2 inputs. The Company’s determination of which method to use is based upon several factors. The Company takes into account compliance with legal and regulatory guidelines, the amount of the loan, the size of the assets, the location and type of property to be valued and how critical the timing of completion of the analysis is to the assessment of value. Those factors are balanced with the level of internal expertise, internal experience and market information available, versus external expertise available such as qualified appraisers, brokers, auctioneers and equipment specialists. The Company uses external sources to estimate fair value for projects that are not fully constructed as of the date of valuation. These projects are generally valued as if complete, with an appropriate allowance for cost of completion, including contingencies developed from external sources such as vendors, engineers and contractors. The Company believes that recording other real estate owned that is not fully constructed based on as if complete values is more appropriate than recording other real estate owned that is not fully constructed using as is values. We concluded that as-is-complete values are appropriate for these types of projects based on the accounting guidance for capitalization of project costs and subsequent measurement of the value of real estate. GAAP specifically states that estimates and cost allocations must be reviewed at the end of each reporting period and reallocated based on revised estimates. The Company adjusts the carrying value of other real estate owned in accordance with this guidance for increases in estimated cost to complete that exceed the fair value of the real estate at the end of each reporting period. Limitations Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Estimated fair values as of the periods indicated are as follows: December 31, 2023 December 31, 2022 (In Thousands) Carrying Amount Fair Value Carrying Amount Fair Value Financial assets: Level 1 inputs: Cash, due from banks and deposits in other banks $118,530 $118,530 $259,350 $259,350 Investment securities available for sale 310,896 310,896 356,837 356,837 Marketable equity securities 13,153 13,153 10,740 10,740 Level 2 inputs: Investment securities available for sale 327,040 327,040 320,192 320,192 Investment in Federal Home Loan Bank Stock 2,980 2,980 3,816 3,816 Loans held for sale 31,974 31,974 27,538 27,538 Accrued interest receivable 11,958 11,958 9,937 9,937 Interest rate swaps 11,836 11,836 14,179 14,179 Level 3 inputs: Investment securities held to maturity 36,750 33,413 36,750 32,639 Loans 1,789,497 1,686,362 1,501,785 1,408,350 Purchased receivables, net 36,842 36,842 19,994 19,994 Interest rate lock commitments 342 342 440 440 Mortgage servicing rights 19,564 19,564 18,635 18,635 Commercial servicing rights 2,200 2,200 2,129 2,129 Financial liabilities: Level 2 inputs: Deposits $2,485,055 2,482,937 $2,387,211 $2,383,975 Borrowings 13,675 11,872 14,095 12,382 Accrued interest payable 202 202 54 54 Interest rate swaps 10,470 10,470 12,725 12,725 Retail interest rate contracts 13 13 3 3 Level 3 inputs: Junior subordinated debentures 10,310 12,030 10,310 11,266 The following table sets forth the balances as of the periods indicated of assets measured at fair value on a recurring basis: (In Thousands) Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) December 31, 2023 Assets: Available for sale securities U.S. Treasury and government sponsored entities $564,125 $300,274 $263,851 $— Municipal securities 816 — 816 — Corporate bonds 13,624 10,622 3,002 — Collateralized loan obligations 59,371 — 59,371 — Total available for sale securities $637,936 $310,896 $327,040 $— Marketable equity securities $13,153 $13,153 $— $— Total marketable equity securities $13,153 $13,153 $— $— Interest rate swaps $11,836 $— $11,836 $— Interest rate lock commitments 342 — — 342 Mortgage servicing rights 19,564 — — 19,564 Commercial servicing rights 2,200 — — 2,200 Total other assets $33,942 $— $11,836 $22,106 Liabilities: Interest rate swaps $10,470 $— $10,470 $— Retail interest rate contracts 13 — 13 — Total other liabilities $10,483 $— $10,483 $— December 31, 2022 Assets: Available for sale securities U.S. Treasury and government sponsored entities $595,161 $333,193 $261,968 $— Municipal securities 795 — 795 — Corporate bonds 23,644 23,644 — — Collateralized loan obligations 57,429 — 57,429 — Total available for sale securities $677,029 $356,837 $320,192 $— Marketable equity securities $10,740 $10,740 $— $— Total marketable equity securities $10,740 $10,740 $— $— Interest rate swaps $14,178 $— $14,178 $— Interest rate lock commitments 440 — — 440 Mortgage servicing rights 18,635 — — 18,635 Commercial servicing rights 2,129 — — 2,129 Total other assets $35,382 $— $14,178 $21,204 Liabilities: Interest rate swaps $12,725 $— $12,725 $— Total other liabilities $12,728 $— $12,728 $— The following table provides a reconciliation of the assets and liabilities measured at fair value using significant unobservable inputs (Level 3) on a recurring basis during the years ended December 31, 2023 and 2022: (In Thousands) Beginning balance Change included in earnings Purchases and issuances Sales and settlements Ending balance December 31, 2023 Interest rate lock commitments $440 ($989) $7,447 ($6,556) $342 Mortgage servicing rights 18,635 (2,687) 3,616 — 19,564 Commercial servicing rights 2,129 (62) 133 — 2,200 Total $21,204 ($3,738) $11,196 ($6,556) $22,106 December 31, 2022 Interest rate lock commitments $1,387 ($1,515) $12,140 ($11,572) $440 Mortgage servicing rights 13,724 288 4,623 — 18,635 Commercial servicing rights 1,084 809 236 — 2,129 Total $16,195 ($418) $16,999 ($11,572) $21,204 As of and for the years ending December 31, 2023 and 2022, except for certain assets as shown in the following table, no impairment or valuation adjustment was recognized for assets recognized at fair value on a nonrecurring basis. For loans individually measured for credit losses, the Company classifies fair value measurements using observable inputs, such as external appraisals, as Level 2 valuations in the fair value hierarchy, and unobservable inputs, such as in-house evaluations, as Level 3 valuations in the fair value hierarchy. (In Thousands) Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) December 31, 2023 Loans individually measured for credit losses $— $— $— $— Other real estate owned — — — — Total $— $— $— $— December 31, 2022 Loans individually measured for credit losses $— $— $— $— Other real estate owned — — — — Total $— $— $— $— The following table presents the (gains) losses resulting from nonrecurring fair value adjustments for the periods ended December 31, 2023, 2022 and 2021, respectively: (In Thousands) 2023 2022 2021 Loans individually measured for credit losses $— $— ($13) Other real estate owned 123 — — Total (income) loss from nonrecurring measurements $123 $— ($13) Assets and Liabilities Measured at Fair Value Using Significant Unobservable Inputs (Level 3) The following table provides a description of the valuation technique, unobservable input, and qualitative information about the unobservable inputs for the Company’s assets and liabilities classified as Level 3 and measured at fair value on a recurring and nonrecurring basis at December 31, 2023 and 2022: Financial Instrument Valuation Technique - Recurring Basis Unobservable Input Weighted Average or Rate Range December 31, 2023 Interest rate lock commitment External pricing model Pull through rate 89.84 % Mortgage servicing rights Discounted cash flow Constant prepayment rate 6.13% - 25.33% Discount rate 9.50% - 11.00% Commercial servicing rights Discounted cash flow Constant prepayment rate 3.99% - 18.90% Discount rate 9.50 % December 31, 2022 Interest rate lock commitment External pricing model Pull through rate 93.18 % Mortgage servicing rights Discounted cash flow Constant prepayment rate 6.62% - 7.43% Discount rate 11.25% Commercial servicing rights Discounted cash flow Constant prepayment rate 4.19% - 22.87% Discount rate 12.00 %

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Segment Information	Segment Information The Company's operations are managed along two operating segments: Community Banking and Home Mortgage Lending. The Community Banking segment's principal business focus is the offering of loan and deposit products to business and consumer customers in its primary market areas. As of December 31, 2023, the Community Banking segment operated 19 branches throughout Alaska. The Home Mortgage Lending segment's principal business focus is the origination and sale of mortgage loans for 1-4 family residential properties. Summarized financial information for the Company's reportable segments and the reconciliation to the consolidated financial results is shown in the following tables: December 31, 2023 (In Thousands) Community Banking Home Mortgage Lending Consolidated Interest income $122,258 $9,693 $131,951 Interest expense 26,300 2,395 28,695 Net interest income 95,958 7,298 103,256 Provision for credit losses 3,842 — 3,842 Other operating income 13,612 12,763 26,375 Other operating expense 70,684 23,497 94,181 Income (loss) before provision for income taxes 35,044 (3,436) 31,608 Provision for income taxes 7,157 (943) 6,214 Net income (loss) $27,887 ($2,493) $25,394 Total assets $2,539,791 $267,706 $2,807,497 Loans held for sale $— $31,974 $31,974 December 31, 2022 (In Thousands) Community Banking Home Mortgage Lending Consolidated Interest income $98,078 $2,250 $100,328 Interest expense 5,156 57 5,213 Net interest income 92,922 2,193 95,115 Provision for credit losses 1,846 — 1,846 Other operating income 12,505 21,572 34,077 Other operating expense 63,902 24,950 88,852 Income (loss) before provision for income taxes 39,679 (1,185) 38,494 Provision for income taxes 8,041 (288) 7,753 Net income (loss) $31,638 ($897) $30,741 Total assets $2,543,086 $131,232 $2,674,318 Loans held for sale $— $27,538 $27,538 December 31, 2021 (In Thousands) Community Banking Home Mortgage Lending Consolidated Interest income $81,703 $2,903 $84,606 Interest expense 3,623 156 3,779 Net interest income 78,080 2,747 80,827 Benefit for credit losses (4,099) — (4,099) Other operating income 10,119 42,144 52,263 Other operating expense 58,647 30,549 89,196 Income before provision for income taxes 33,651 14,342 47,993 Provision for income taxes 6,468 4,008 10,476 Net income $27,183 $10,334 $37,517 Total assets $2,596,190 $128,529 $2,724,719 Loans held for sale $— $73,650 $73,650

Parent Company Information

Parent Company Information	12 Months Ended
	Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract]
Parent Company Information	Parent Company Information Balance Sheets at December 31, 2023 2022 (In Thousands) Assets Cash and cash equivalents $19,055 $30,883 Marketable equity securities 13,153 10,740 Investment in Northrim Bank 208,435 184,148 Investment in NISC 1,167 1,245 Investment in NST2 310 310 Taxes receivable, net 1,212 463 Other assets 2,152 1,435 Total Assets $245,484 $229,224 Liabilities Junior subordinated debentures $10,310 $10,310 Other liabilities 456 285 Total Liabilities 10,766 10,595 Shareholders' Equity Common stock 5,513 5,701 Additional paid-in capital 9,605 17,784 Retained earnings 236,037 224,225 Accumulated other comprehensive (loss) income (16,437) (29,081) Total Shareholders' Equity 234,718 218,629 Total Liabilities and Shareholders' Equity $245,484 $229,224 Statements of Income for Years Ended: 2023 2022 2021 (In Thousands) Income Interest income $1,258 $698 $551 Equity in undistributed earnings from Northrim Bank 26,871 32,853 38,625 Equity in undistributed earnings from NISC (22) 120 66 Gain on sale of marketable equity securities, net — — 67 Unrealized gain (loss) on marketable equity securities 120 (1,119) (101) Other income — — 151 Total Income $28,227 $32,552 $39,359 Expense Interest expense 400 389 382 Administrative and other expenses 3,357 2,830 2,754 Total Expense 3,757 3,219 3,136 Income Before Benefit from Income Taxes 24,470 29,333 36,223 Benefit from income taxes (924) (1,408) (1,294) Net Income $25,394 $30,741 $37,517 Statements of Cash Flows for Years Ended: 2023 2022 2021 (In Thousands) Operating Activities: Net income $25,394 $30,741 $37,517 Adjustments to Reconcile Net Income to Net Cash: Gain on sale of securities, net — — (67) Equity in undistributed earnings from subsidiaries (26,892) (32,732) (38,691) Change in fair value marketable equity securities (120) 1,119 101 Stock-based compensation 937 742 1,073 Changes in other assets and liabilities (1,380) (1,268) (2,167) Net Cash Used from Operating Activities (2,061) (1,398) (2,234) Investing Activities: Purchases of marketable equity securities (2,297) (3,934) (493) Proceeds from sales/calls/maturities of marketable equity securities — 488 1,016 Investment in Northrim Bank, NISC & NST2 14,628 24,323 31,894 Net Cash Provided by Investing Activities 12,331 20,877 32,417 Financing Activities: Dividends paid to shareholders (13,609) (10,571) (9,388) Proceeds from issuance of common stock 555 586 1,543 Repurchase of common stock (9,044) (14,157) (11,534) Net Cash Used from Financing Activities (22,098) (24,142) (19,379) Net change in Cash and Cash Equivalents (11,828) (4,663) 10,804 Cash and Cash Equivalents at beginning of year 30,883 35,546 24,742 Cash and Cash Equivalents at end of year $19,055 $30,883 $35,546

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Pay vs Performance Disclosure
Net income	$ 25,394	$ 30,741	$ 37,517

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Standards Update and Change in Accounting Principle [Abstract]
Use of Estimates	The Company prepares its consolidated financial statements in conformity with accounting principles generally accepted in the United States and prevailing practices within the banking industry. The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of income, gains, expenses, and losses during the reporting periods. Actual results could differ from those estimates. Significant estimates include the allowance for credit losses (“ACL”), valuation of goodwill and other intangibles, and valuation of mortgage servicing rights (“MSRs”).
Consolidation	The Company consolidates affiliates in which we have a controlling interest. The accompanying consolidated financial statements include the accounts of the Company, the Bank, RML, and NISC.  Significant intercompany balances have been eliminated in consolidation. As of December 31, 2023, the Company had one wholly-owned business trust subsidiary, Northrim Statutory Trust 2 (“Trust 2”), that was formed to issue trust preferred securities and related common securities of Trust 2. The Company has not consolidated the accounts of Trust 2 in its consolidated financial statements in accordance with U.S. GAAP. As a result, the junior subordinated debentures issued by the Company to Trust 2 are reflected on the Company’s consolidated balance sheet as junior subordinated debentures.
Variable Interest Entities	The Company has determined that PWA and Homestate are not variable interest entities and therefore, the Company does not consolidate the balance sheets and income statements of PWA or Homestate into its financial statements. The Company owns a 22% interest in PWA and owned a 30% interest in Homestate prior to its dissolution in 2023, and these investments are accounted for as equity method investments. Results of PWA and Homestate are included in “Other income” in our Consolidated Statements of Income. Investments in low income housing tax credit companies are presented on a one-line basis in the caption “Other assets” in our Consolidated Balance Sheets.
Operating Segments	Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”), or decision making group, in deciding how to allocate resources and in assessing performance. The Company uses the "management approach" in determining reportable operating segments. The management approach considers the internal organization and reporting used the by the Company's CODM for making operating decisions and assessing performance as the source for determining the Company's reportable segments. Management, including the CODM, review operating results by the revenue of different services. For the year ended December 31, 2023 and 2022, the Company has two operating business lines; Community Banking and Home Mortgage Lending.
Reclassifications	Certain reclassifications have been made to prior year amounts to maintain consistency with the current year with no impact on net income or total shareholders’ equity.
Subsequent Events	The Company has evaluated events and transactions subsequent to December 31, 2023 for potential recognition or disclosure.
Cash and Cash Equivalents	For purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from banks, interest-bearing deposits with other banks, federal funds sold, and securities with original maturities of less than 90 days at acquisition.
Marketable Securities	Marketable equity securities are stated at fair value. Changes in fair value are included in "Unrealized gain (loss) on marketable equity securities" in our Consolidated Statements of Income.Non-marketable equity securities are accounted for under the equity method of accounting and are included in other assets in our Consolidated Balance Sheets. The Company performs an impairment analysis on its non-marketable equity securities when events or circumstances indicate impairment potentially exists.
Investment Securities	Debt securities are classified as available for sale if the Company intends and has the ability to hold those securities for an indefinite period of time, but not necessarily to maturity. Any decision to sell a debt security classified as available for sale would be based on various factors, including significant movements in interest rates, changes in the maturity mix of assets and liabilities, liquidity needs, regulatory capital considerations, and other similar factors. Premiums and discounts are amortized over the life of the related investment security as an adjustment to yield using the effective interest method. Dividend and interest income are recognized when earned. Securities available for sale are stated at fair value. Realized gains or losses, determined on the basis of the cost of specific securities sold, are included in earnings. Unrealized holding gains or losses are included in other comprehensive income as a separate component of shareholders' equity, net of tax. Held to maturity securities are stated at cost, adjusted for amortization of premium and accretion of discount on a level-yield basis. The Company has the ability and intent to hold these securities to maturity.
Allowance for Credit Losses	For available for sale debt securities in an unrealized loss position, the Company evaluates the securities to determine whether the decline in the fair value below the amortized cost basis (impairment) is due to credit-related factors or noncredit-related factors. Any impairment that is not credit related is recognized in other comprehensive income, net of applicable taxes. Credit-related impairment is recognized as an ACL on the balance sheet, limited to the amount by which the amortized cost basis exceeds the fair value, with a corresponding adjustment to earnings. The ACL may be reversed if conditions change. However, if the Company intends to sell an impaired available for sale debt security or more likely than not will be required to sell such a security before recovering its amortized cost basis, the entire impairment amount must be recognized in earnings with a corresponding adjustment to the security’s amortized cost basis. Because the security’s amortized cost basis is adjusted to fair value, there would be no ACL. In evaluating available for sale debt securities in unrealized loss positions for impairment and the criteria regarding its intent or requirement to sell such securities, the Company considers the extent to which fair value is less than amortized cost, whether the securities are issued by the federal government or its agencies, whether downgrades by bond rating agencies have occurred, and the results of reviews of the issuers’ financial condition, among other factors. Changes in the ACL are recorded as provision for (or reversal of) credit loss expense. Losses are charged against the ACL when management believes the uncollectability of an available for sale debt security is confirmed or when either of the criteria regarding intent or requirement to sell is met. The ACL on held to maturity securities is estimated on a collective basis by major security type. At December 31, 2023, the Company’s held to maturity securities consisted of investments in corporate bonds. Expected credit losses for these securities are estimated using a discounted cash flow (“DCF”) methodology which considers historical credit loss information that is adjusted for current conditions and reasonable and supportable forecasts. Accrued interest receivable is excluded from the estimate of credit losses. The Company estimates the ACL on loans based on the underlying assets’ amortized cost basis, which is the amount at which the loan is originated or acquired, adjusted for applicable accretion or amortization of premium, discount, and net deferred fees or costs, collection of cash, and charge-offs. In the event that collection of principal becomes uncertain, the Company has policies in place to reverse accrued interest in a timely manner. Therefore, the Company has made a policy election to exclude accrued interest from the measurement of ACL. Expected credit losses are reflected in the ACL through a provision for or (reversal) of credit loss expense. When the Company deems all or a portion of a financial asset to be uncollectible the appropriate amount is written off and the ACL is reduced by the same amount. The Company applies judgment to determine when a financial asset is deemed uncollectible; however, generally speaking, an asset will be considered uncollectible when management believes that collection of principal is unlikely. Subsequent recoveries, if any, are credited to the ACL when received. The Company measures expected credit losses of financial assets on a collective (pool) basis, when the financial assets share similar risk characteristics. Depending on the nature and size of the pool of financial assets with similar risk characteristics, the Company uses either a DCF method or a weighted average remaining life method to estimate expected credit losses quantitatively. The weighted average remaining life method uses exposure at default, along with the expected credit losses adjusted for prepayments to calculate the required allowance. The Company utilizes peer historical loss data to estimate credit losses under the weighted average remaining life method. Under the DCF method, the Company utilizes complex models to obtain reasonable and supportable forecasts to calculate two predictive metrics, the probability of default (“PD”) and loss given default (“LGD”). Under the DCF method the combination of adjustments for the credit expectations PD and LGD, and timing expectations (prepayment, curtailment, and time to recovery), produces an expected cash flow stream at the instrument level. Instrument effective yield is calculated, net of the impacts of prepayment assumptions, and the instrument expected cash flows are then discounted at that effective yield to produce an instrument-level net present value of expected cash flows (“NPV”). An ACL is established for the difference between the instrument’s NPV and amortized cost basis. In addition to the quantitative portion of the ACL derived using either the DCF or weighted average remaining life method, the Company also considers the effects of the qualitative factors in its calculation of expected losses in the loan portfolio. The qualitative factor methodology is based on quantitative metrics, but also includes a high degree of subjectivity and changes in any of the metrics could have a significant impact on our calculation of the allowance. Loans that do not share risk characteristics with other loans in the portfolio are individually evaluated for expected credit losses and are not included in the collective evaluation. Loans are identified for individual evaluation during regular credit reviews of the portfolio. A loan is generally identified for individual evaluation when management determines that we will probably not be able to collect all amounts due according to the loan contract, including scheduled interest payments. When we identify a loan for individual evaluation, we measure expected credit losses using DCF, except when the sole remaining source of the repayment for the loan is the liquidation of the collateral. In these cases, we use the current fair value of the collateral, less selling costs, instead of DCF. The analysis of collateral dependent loans includes external appraisals or in-house evaluations on loans secured by real property, management’s assessment of the current market, recent payment history and an evaluation of other sources of repayment. The Company’s determination of which method to use is based upon several factors. The Company takes into account compliance with legal and regulatory guidelines, the amount of the loan, the estimated value of the collateral, the location and type of collateral to be valued, and how critical the timing of completion of the analysis is to the assessment of value. Those factors are balanced with the level of internal expertise, internal experience, and market information available, versus external expertise available such as qualified appraisers, brokers, auctioneers, and equipment specialists. The Company uses external appraisals to estimate fair value for projects that are not fully constructed as of the date of valuation. These projects are generally valued as if complete, with an appropriate allowance for cost of completion, including contingencies developed from external sources such as vendors, engineers, and contractors. If we determine that the value of an individually evaluated loan is less than the recorded investment in the loan, we either recognize an ACL specific to that loan, or charge-off the deficit balance on collateral dependent loans if it is determined that such amount represents a confirmed loss. Subsequent changes in the expected credit losses for loans evaluated individually are included within the provision for credit losses in the same manner in which the expected credit loss initially was recognized or as a reduction in the provision that would otherwise be reported. The Company’s estimate of the ACL reflects losses expected over the remaining contractual life of the assets. The contractual term does not consider extensions, renewals or modifications. Loans guaranteed by the U.S. government, including Paycheck Protection Program (“PPP”) loans The Company actively participated in assisting its customers with applications for loans through the program. Loans funded through the PPP program are fully guaranteed by the U.S. government subject to certain representations and warranties. This guarantee exists at the inception of the loans and throughout the lives of the loans and was not entered into separately and apart from the loans. ASC 326 requires credit enhancements that mitigate credit losses, such as the U.S. government guarantee on PPP loans, to be considered in estimating credit losses. The guarantee is considered “embedded” and, therefore, is considered when estimating credit loss on the PPP loans and other loans guaranteed by the U.S. government. Given that the loans are fully guaranteed by the U.S. government and absent any specific loss information on any of our guaranteed loans, the Company does not carry an ACL on its PPP and other loans guaranteed by the U.S. government. Loan Commitments and Allowance for Credit Losses on Off-Balance Sheet Credit Exposures: The Company enters into various types of transactions that involve financial instruments with off-balance sheet risk, including commitments to extend credit and standby letters of credit issued to meet customer financing needs. We apply the same credit standards to these commitments as in all of our lending activities and include these commitments in our lending risk evaluations. The Company’s exposure to credit loss in the event of nonperformance by the other party to commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. Such financial instruments are recorded when they are funded. The Company records an ACL on off-balance sheet credit exposures, unless the commitments to extend credit are unconditionally cancellable, through a charge to provision for credit loss expense in the Company’s consolidated statements of income. The ACL on off-balance sheet credit exposures is estimated by loan segment at each balance sheet date under the current expected credit loss model using the same methodologies as portfolio loans, taking into consideration the likelihood that funding will occur, and is included in other liabilities on the Company’s consolidated balance sheets. Purchased Receivables and related Allowance for Credit Losses:
Federal Home Loan Bank Stock	The Company’s investment in Federal Home Loan Bank of Des Moines (“FHLB”) stock is carried at par value because the shares can only be redeemed with the FHLB at par. The Company is required to maintain a minimum level of investment in FHLB stock based on the Company’s total Bank assets and outstanding advances. FHLB stock is carried at cost and is subject to recoverability testing at least annually.
Loans held for sale	The Company designates loans held for sale as either carried at fair value or the lower of cost or fair value at loan level at origination. Loans held for sale include residential mortgage loans that have been originated for sale in the secondary market. Related gains or losses on the sale of these loans are recognized in mortgage banking income.
Loans	Loans are carried at their principal amount outstanding, net of charge-offs, unamortized fees, and direct loan origination costs. Loan origination fees received in excess of direct origination costs are deferred and accreted to interest income using the interest method in accordance with Accounting Standards Codification (“ASC”) 310 over the life of the loan. Loan balances are charged-off to the ACL when management believes that collection of principal is unlikely. Interest income on loans is accrued and recognized on the principal amount outstanding except for loans in a nonaccrual status. All classes of loans are placed on nonaccrual when management believes doubt exists as to the collectability of the interest or principal. Cash payments received on nonaccrual loans are directly applied to the principal balance. Generally, a loan may be returned to accrual status when the delinquent principal and interest is brought current in accordance with the terms of the loan agreement and certain ongoing performance criteria have been met. Loans are reported as past due when installment payments, interest payments, or maturity payments are past due based on contractual terms. The Company classifies fair value measurements on loans as level 3 valuations in the fair value hierarchy because of their use of unobservable inputs.
Acquired Loans	Loans purchased that are of poor credit quality and with more than an insignificant evidence of credit deterioration since their origination or issuance are purchased credit deteriorated (“PCD”) loans. PCD assets are recorded at their purchase price plus an ACL estimated at the time of acquisition. Under this approach, there is no provision for credit losses recognized at acquisition; rather, there is a gross-up of the purchase price of the financial asset for the estimate of expected credit losses and a corresponding ACL recorded. Changes in estimates of expected credit losses after acquisition are recognized as provision for credit losses in subsequent periods. In general, interest income recognition for PCD financial assets is consistent with interest income recognition for the similar non-PCD financial asset.
Other Real Estate Owned	Other Real Estate Owned (“OREO”) represents properties acquired through foreclosure or its equivalent. Prior to foreclosure, the carrying value is adjusted to the fair value, less cost to sell, of the real estate to be acquired by an adjustment to the ACL for loans. Management’s evaluation of fair value is based on appraisals or discounted cash flows of anticipated sales. After foreclosure, any subsequent reduction in the carrying value is charged against earnings. Operating expenses associated with OREO are charged to earnings in the period they are incurred. Operating expenses associated with OREO are recorded net of rental income and gain on sales associated with OREO.
Premises and Equipment	Premises and equipment, including leasehold improvements, are stated at cost, less accumulated depreciation and amortization. Depreciation and amortization expense for financial reporting purposes is computed using the straight-line method based upon the shorter of the lease term or the estimated useful lives of the assets that vary according to the asset type and include; furniture and equipment ranging between three two
Operating Leases	The Company leases branch locations, corporate office space, and equipment under non-cancelable leases. Leases with an initial term of 12 months or less are not recorded on the balance sheet. The leases contain various provisions for increases in rental rates, based either on changes in the published Consumer Price Index or a predetermined escalation schedule. Substantially all of the leases provide the Company with one or more options to renew, with renewal terms that can extend the lease term from one
Goodwill and Other Intangible Assets	Intangible assets are comprised of goodwill and other intangibles acquired in business combinations. Goodwill and intangible assets with indefinite useful lives are not amortized. Intangible assets with definite useful lives are amortized to their estimated residual values over their respective useful lives, and are also reviewed for impairment. Amortization of intangible assets is included in other operating expense in the Consolidated Statements of Income. The Company performs a goodwill impairment analysis at each reporting unit on an annual basis. Additionally, the Company performs a goodwill impairment evaluation on an interim basis when events or circumstances indicate impairment potentially exists.
Low Income Housing Tax Credit Partnerships	The Company earns a return on its investments in these partnerships in the form of tax credits and deductions that flow through to it as a limited partner. The Company amortizes these investments in tax expense over the period during which tax benefits are received.
Servicing Rights	Mortgage servicing rights (“MSRs”) and commercial servicing rights (“CSRs”) associated with loans originated and sold, where servicing is retained, are measured at fair value and changes in fair value are reported through earnings. Changes in the fair value of servicing rights occur primarily due to the collection/realization of expected cash flows, as well as changes in valuation inputs and assumptions. Under the fair value method, servicing rights are carried on the balance sheet at fair value and the changes in fair value for MSRs are reported in earnings in mortgage banking income and the changes in fair value for CSRs are reported in commercial serving revenue in other operating income in the period in which the change occurs. Fair value measurements are determined using a discounted cash flow model. In order to determine the fair value of servicing rights, the present value of net expected future cash flows is estimated. Assumptions used include market discount rates, anticipated prepayment speeds, escrow calculations, delinquency rates, and ancillary fee income net of servicing costs.
Other Assets	Other assets include purchased software and prepaid expenses. Purchased software is carried at amortized cost and is amortized using the straight-line method over its estimated useful life or the term of the agreement. Also included in other assets is the net deferred tax asset, bank owned life insurance carried at cash surrender value, net of premium charges, accrued interest receivable, taxes receivable, and rate lock derivatives.
Derivatives	The Company records all derivatives on the Consolidated Balance Sheets at fair value. The accounting for change in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate the derivative in a hedging relationship and apply hedge accounting, and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Interest rate swaps that are designated as a cash flow hedge and satisfy the hedge accounting requirements involve the receipt of variable amounts from a counter-party in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. For derivatives which are designed as cash flow hedges and satisfy hedge accounting requirements, the effective portion of changes in the fair value of the derivative is recorded in accumulated other comprehensive income (loss). The fair value of the Company's derivatives is determined using DCF analysis using observable market based inputs. The Company considers all free-standing derivatives not designated in a hedging relationship as economic hedges and recognizes these derivatives as either assets or liabilities in the balance sheet. These assets and liabilities are measured at fair value, and changes in fair value are recorded in earnings. By
Transfers or sales of financial assets	For transfers of entire financial assets or a participating interest in an entire financial asset recorded as sales, we recognize and initially measure at fair value all assets obtained and liabilities incurred. We record a gain or loss in other operating income for the difference between the carrying amount and the fair value of the assets sold. Fair values are based on quoted market prices, quoted market prices for similar assets, or if market prices are not available, then the fair value is estimated using discounted cash flow analysis with assumptions for credit losses, prepayments and discount rates that are corroborated by and verified against market observable data, where possible.
Revenue Recognition	The majority of the Company's revenues come from interest income on loans and investment securities, as well as other non-interest income including mortgage banking income, bankcard fees, purchased receivable income, and service charges on deposits. The Company recognizes income in accordance with the applicable accounting guidance for these revenue sources. The Company's revenues that are within the scope of ASC Topic 606 (“Topic 606”) are presented within other operating income and include bankcard fees, service charges on deposits, and other non-interest income including merchant services fees, commissions from sales of mutual funds and other investments, safety deposit box rental fees, bank check and other check fees, and other miscellaneous revenue streams. Bankcard fees are primarily comprised of debit card income and ATM fees. Debit card income is primarily comprised of interchange fees earned whenever the Company’s debit cards are processed through card payment networks such as Visa or MasterCard. ATM fees are primarily generated when a Company cardholder uses a non-Company ATM or a non-Company cardholder uses a Company ATM. The Company’s performance obligation for bankcard fees are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payments are typically received immediately or in the following month. Service charges on deposit accounts consist of general service fees for monthly account maintenance, activity- or transaction-based fees, and account analysis fees (i.e., net fees earned on analyzed business and public checking accounts), and other deposit account related fees and consist of transaction-based revenue, time-based revenue (service period), item-based revenue or some other individual attribute-based revenue. Revenue is recognized when our performance obligation is completed which is generally monthly for account maintenance services or when a transaction has been completed. Payments for service charges on deposit accounts are primarily received immediately or in the following month through a direct charge to customers’ accounts. Other operating income consists of other recurring revenue streams such as merchant services income, commissions from sales of mutual funds and other investments, safety deposit box rental fees, bank check and other check fees, unrealized gains and losses on marketable securities, and other miscellaneous revenue streams. Merchant services income mainly represents fees charged to merchants to process their debit and credit card transactions, in addition to account management fees. The Company’s performance obligation for merchant services income is largely satisfied, and related revenue recognized, when the transactions have been completed. Payment is typically received immediately or in the following month. The Company earns commissions from the sale of mutual funds as periodic service fees (i.e., trailers) from Elliott Cove Capital Management typically based on a percentage of net asset value. Trailer revenue is recorded over time, quarterly, as net asset value is determined. The Company also earns commission income from the sale of annuity products. The Company acts as an intermediary between the Company's customer and Elliott Cove Investment Advisors for these transactions, and commissions from annuity product sales are recorded when the Company’s performance obligation is satisfied, which is generally upon the issuance of the annuity policy. The Company does not earn trailer fees on annuity sales. Payment for commissions from sales of mutual funds and other investments and annuity sales is typically received in the following quarter. Other service charges include revenue from safety deposit box rental fees, processing wire transfers, bank check and other check fees, and other services. The Company’s performance obligations for these other revenue streams are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payments are typically received immediately or in the following month. Revenue within the contracts with customers guidance is recognized when obligations under the terms of a contract with customers are satisfied. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. When the amount of consideration is variable, the Company will only recognize revenue to the extent that it is probable that the cumulative amount recognized will not be subject to a significant reversal in the future. Substantially all of the Company's contracts with customers have expected durations of one year or less and payments are typically due when or as the services are rendered or shortly thereafter. When third parties are involved in providing services to customers, the Company recognizes revenue on a gross basis when it has control over those services being provided to the customer; otherwise, revenue is recognized for the net amount of any fee or commission.
Advertising	Advertising, promotion, and marketing costs are expensed as incurred.
Stock Incentive Plans	The Company has stock-based employee compensation plans as more fully discussed in Note 21, Stock-Based Compensation to the Company's Consolidated Financial Statements included in Part II. Item 8 of this report. Compensation cost is recognized for stock options, restricted stock units, and performance stock units issued to employees based on the fair value of these awards at the date of grant. A Black Scholes model is utilized to estimate the fair value of stock options. The market price for the Company's common stock at the date of grant issued is the fair value of restricted and performance stock awards. The Company recognizes compensation expense over the vesting period of each award. The Company's recognizes forfeitures as they occur.
Income Taxes	The Company uses the asset and liability method of accounting for income taxes. Under the asset and liability method, deferred income taxes are recognized for the future consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred taxes of a change in tax rates is recognized in income in the period that includes the enactment date. Our policy is to recognize interest and penalties on unrecognized tax benefits in “Other operating expense" in the Consolidated Statements of Income.
Earnings Per Share	Earnings per share is calculated using the weighted average number of shares and dilutive common stock equivalents outstanding during the period. Stock options and restricted stock units, as described in Note 21 of the notes to the Company's Consolidated Financial Statements included in Part II. Item 8 of this report, are considered to be common stock equivalents. Potentially dilutive shares are excluded from the computation of earnings per share if their effect is anti-dilutive.
Comprehensive Income	Comprehensive income consists of net income, net unrealized gains (losses) on securities available for sale after the tax effect, and net unrealized gains (losses) on derivative and hedging activities after the tax effect.
Concentrations	Substantially all of the Company’s business is derived from the Anchorage, Matanuska-Susitna Valley, Fairbanks, Kenai Peninsula, Kodiak, Nome, and Southeast areas of Alaska. As such, the Company’s growth and operations depend upon the economic conditions of Alaska and these specific markets. These areas rely primarily upon the natural resources industries, particularly oil production, as well as tourism, government and U.S. military spending for their economic success. A significant majority of the unrestricted revenues of the Alaska state government are currently funded through various taxes and royalties on the oil industry. The Company’s business is and will remain sensitive to economic factors that relate to these industries and local and regional business conditions. As a result, local or regional economic downturns, or downturns that disproportionately affect one or more of the key industries in regions served by the Company, may have a more pronounced effect upon its business than they might on an institution that is less geographically concentrated. The extent of the future impact of these events on economic and business conditions cannot be predicted; however, prolonged or acute fluctuations could have a material and adverse impact upon the Company’s results of operation and financial condition.
Fair Value Measurements	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for an asset or liability in an orderly transaction between market participants at the measurement date. GAAP established a fair value hierarchy that prioritizes the use of inputs used in valuation methodologies. In accordance with GAAP, the Company groups its assets and liabilities measured at fair value into the following three levels: • Level 1 : Valuation is based upon quoted prices for identical instruments traded in active markets. A quoted market price in an active market provides the most reliable evidence of fair value and is used to measure fair value whenever available. A contractually binding sales price also provides reliable evidence of fair value. • Level 2 : Valuation is based upon quoted market prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. • Level 3
Recent Accounting Pronouncements	Accounting pronouncements implemented in 2023 In March 2022, the Financial Accounting Standards Board (“FASB”) issued ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures (“ASU 2022-02”). The amendments in ASU 2022-02 eliminate the accounting guidance for troubled debt restructurings (“TDRs”) by creditors while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Specifically, rather than applying the recognition and measurement guidance for TDRs which includes an assessment of whether the creditor has granted a concession, an entity must evaluate whether the modification represents a new loan or a continuation of an existing loan. The amendments enhance existing disclosure requirements and introduce new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. Additionally, for public business entities, ASU 2022-02 requires that an entity disclose current-period gross writeoffs by year of origination for financing receivables and net investments in leases within the scope of Subtopic 326-20, Financial Instruments-Credit Losses-Measured at Amortized Cost in the vintage disclosures required by paragraph 326-20-50-6. The Company adopted ASU 2022-02 on January 1, 2023. The Company elected to adopt the updated guidance on TDR recognition and measurement prospectively; therefore the guidance is applied to modifications occurring after the date of adoption. The amendments on TDR disclosures and vintage disclosures must be adopted prospectively. The adoption of ASU 2022-02 did not have a material impact on the Company's consolidated financial position or results of operations. Accounting pronouncements to be implemented in future periods In March 2023, the FASB issued ASU 2023-02, Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (“ASU 2023-02”). Under current GAAP, an entity can only elect to apply the proportional amortization method to investments in low income housing tax credit (“LIHTC”) structures. The amendments in ASU 2023-02 allow entities to elect to account for equity investments made primarily for the purpose of receiving income tax credits using the proportional amortization method, regardless of the tax credit program through which the investment earns income tax credits, if certain conditions are met. ASU 2023-02 provides amendments to paragraph ASC 323-740-25-1, which sets forth the conditions needed to apply the proportional amortization method. The amendments make certain limited changes to those conditions to clarify their application to a broader group of tax credit investment programs. However, the conditions in substance remain consistent with current GAAP. The amendments in this ASU 2023-02 also eliminate certain LIHTC-specific guidance to align the accounting more closely for LIHTCs with the accounting for other equity investments in tax credit structures and require that the delayed equity contribution guidance in paragraph ASC 323-740-25-3 applies only to tax equity investments accounted for using the proportional amortization method. ASU 2023-02 is effective for the Company for fiscal years beginning after December 15, 2023 and must be applied on either a modified retrospective or a retrospective basis. The Company does not have any equity investments made primarily for the purpose of receiving income tax credits except for LIHTC structures, which it accounts for using the proportional amortization method. The Company does not believe that the adoption of ASU 2023-02 will have a material impact on the Company's consolidated financial statements. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures (“ASU 2023-07”). Under current GAAP, public entities are required to report a measure of segment profit or loss. The amendments in ASU 2023-07 do not change or remove this requirement, nor does it change how an entity identifies is operating segments. The amendments in ASU 2023-07 improve reportable segment disclosure requirement, primarily through enhanced disclosures about significant segment expenses. ASU 2023-07 is effective for the Company for fiscal years beginning after December 15, 2023 and must be applied on a retrospective basis. The Company does not believe that the adoption of ASU 2023-07 will have a material impact on the Company's consolidated financial statements. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740) - Improvements to Income Tax Disclosures (“ASU 2023-09”). The amendments in ASU 2023-09 improve transparency of income tax disclosures related to rate reconciliation and income taxes paid disclosures by requiring consistent categories and greater disaggregation of information in rate reconciliation, and by requiring disclosure of income taxes paid disaggregated by jurisdiction. The amendments in ASU 2023-09 allow investors to better assess, in their capital allocation decisions, how an entity's worldwide operations and related tax risks and tax planning and operations opportunities affect its income tax rate and prospects for future cash flow. ASU 2023-09 is effective for the Company for fiscal years beginning after December 15, 2024 and may be applied on a prospective or retrospective basis. The Company does not believe that the adoption of ASU 2023-09 will have a material impact on the Company's consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2023
Accounting Standards Update and Change in Accounting Principle [Abstract]
Calculation of Earnings Per Share	Information used to calculate earnings per share was as follows: (In Thousands) 2023 2022 2021 Net income $25,394 $30,741 $37,517 Basic weighted average common shares outstanding 5,601 5,765 6,181 Dilutive effect of potential common shares from awards granted under equity incentive program 60 64 68 Total 5,661 5,829 6,249 Earnings per common share Basic $4.53 $5.33 $6.07 Diluted $4.49 $5.27 $6.00

Interest Bearing Deposits in _2

Interest Bearing Deposits in Other Banks (Tables)	12 Months Ended
	Dec. 31, 2023
Interest Bearing Deposits In Other Banks [Abstract]
Interest Bearing Deposits in Other Banks	Balances at December 31 for the respective years are as follows: (In Thousands) 2023 2022 Interest bearing deposits at Federal Reserve Bank $90,922 $231,186 Interest bearing deposits at FHLB 21 287 Other interest bearing deposits at other institutions 130 130 Total $91,073 $231,603

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Gross Realized and Unrealized Gains (Losses) on Marketable Equity Securities	The gross realized and unrealized gains (losses) recognized on marketable equity securities in other operating income in the Company's Consolidated Statements of Income for the periods indicated were as follows: (In Thousands) 2023 2022 2021 Unrealized gain (loss) on marketable equity securities $120 ($1,119) ($101) Gain on sale of marketable equity securities, net — — 67 Total $120 ($1,119) ($34)
Summary of Available-For-Sale Securities	The following table summarizes the amortized cost, estimated fair value, and ACL of debt securities and the corresponding amounts of gross unrealized gains and losses of available for sale securities recognized in accumulated other comprehensive income (loss) and unrecognized gains and losses of held to maturity securities at the periods indicated: (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Fair Value December 31, 2023 Securities available for sale U.S. Treasury and government sponsored entities $587,639 $451 ($23,965) $— $564,125 Municipal securities 820 — (4) — 816 Corporate bonds 14,014 28 (418) — 13,624 Collateralized loan obligations 59,795 12 (436) — 59,371 Total securities available for sale $662,268 $491 ($24,823) $— $637,936 December 31, 2022 Securities available for sale U.S. Treasury and government sponsored entities $634,582 $1 ($39,422) $— $595,161 Municipal securities 820 — (25) — 795 Corporate bonds 24,281 37 (674) — 23,644 Collateralized loan obligations 59,434 — (2,005) — 57,429 Total securities available for sale $719,117 $38 ($42,126) $— $677,029 (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2023 Securities held to maturity Corporate bonds $36,750 $— ($3,337) $33,413 Allowance for credit losses — — — — Total securities held to maturity, net of ACL $36,750 $— ($3,337) $33,413 December 31, 2022 Securities held to maturity Corporate bonds $36,750 $— ($4,111) $32,639 Allowance for credit losses — — — — Total securities held to maturity, net of ACL $36,750 $— ($4,111) $32,639
Summary of Held-To-Maturity Securities	(In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2023 Securities held to maturity Corporate bonds $36,750 $— ($3,337) $33,413 Allowance for credit losses — — — — Total securities held to maturity, net of ACL $36,750 $— ($3,337) $33,413 December 31, 2022 Securities held to maturity Corporate bonds $36,750 $— ($4,111) $32,639 Allowance for credit losses — — — — Total securities held to maturity, net of ACL $36,750 $— ($4,111) $32,639
Schedule of Gross Unrealized Losses on Investment Securities	Gross unrealized losses on investment securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2023 and 2022, were as follows: Less Than 12 Months More Than 12 Months Total (In Thousands) Fair Unrealized Losses Fair Unrealized Losses Fair Unrealized Losses 2023 Securities Available for Sale U.S. Treasury and government sponsored entities $9,997 ($3) $528,574 ($23,962) $538,571 ($23,965) Corporate bonds — — 6,599 (418) 6,599 (418) Municipal securities — — 816 (4) 816 (4) Collateralized loan obligations 3,909 (91) 43,149 (345) 47,058 (436) Total $13,906 ($94) $579,138 ($24,729) $593,044 ($24,823) 2022 Securities Available for Sale U.S. Treasury and government sponsored entities $282,319 ($8,876) $302,840 ($30,546) $585,159 ($39,422) Municipal securities 795 (25) — — 795 (25) Corporate bonds 13,216 (43) 4,394 (631) 17,610 (674) Collateralized loan obligations 22,309 (632) 35,120 (1,373) 57,429 (2,005) Total $318,639 ($9,576) $342,354 ($32,550) $660,993 ($42,126)
Schedule of Amortized Cost and Fair Value by Contractual Maturity	The amortized cost and fair values of available for sale and held to maturity debt securities at December 31, 2023, are distributed by contractual maturity as shown below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. (In Thousands) Amortized Cost Fair Value Weighted Average Yield U.S. Treasury and government sponsored entities Within 1 year $163,987 $160,054 1.14 % 1-5 years 423,652 404,071 2.05 % Total $587,639 $564,125 1.79 % Corporate bonds Within 1 year $2,000 $1,997 3.59 % 1-5 years 22,014 21,264 4.95 % 5-10 years 26,750 23,776 5.01 % Total $50,764 $47,037 4.93 % Collateralized loan obligations 5-10 years $34,301 $34,102 6.83 % Over 10 years 25,494 25,269 7.07 % Total $59,795 $59,371 6.94 % Municipal securities Within 1 year $820 $816 2.12 % Total $820 $816 2.12 %
Schedule of Proceeds, Gains, and Losses for Investment Securities	The proceeds and resulting gains and losses, computed using specific identification, from sales of investment securities for the years ending December 31, 2023, 2022, and 2021, respectively, are as follows: (In Thousands) Proceeds Gross Gains Gross Losses 2023 Available for sale securities $— $— $— 2022 Available for sale securities $— $— $— 2021 Available for sale securities $— $— $—
Summary of Interest Income on Investment Securities	A summary of interest income for the years ending December 31, 2023, 2022, and 2021 on available for investment securities is as follows: (In Thousands) 2023 2022 2021 U.S. Treasury and government sponsored entities $11,074 $7,030 $2,203 Other 4,741 2,631 1,118 Total taxable interest income $15,815 $9,661 $3,321 Municipal securities $18 $18 $18 Total tax-exempt interest income $18 $18 $18 Total $15,833 $9,679 $3,339

Loans and Allowance for Credi_2

Loans and Allowance for Credit Losses (Tables)	12 Months Ended
	Dec. 31, 2023
Receivables [Abstract]
Amortized Cost and Unpaid Principal Balance of Loans by Loan Segment	The following table presents amortized cost and unpaid principal balance of loans for the periods indicated: December 31, 2023 December 31, 2022 (In Thousands) Amortized Cost Unpaid Principal Difference Amortized Cost Unpaid Principal Difference Commercial & industrial loans $411,387 $413,293 ($1,906) $358,128 $359,900 ($1,772) Commercial real estate: Owner occupied properties 366,741 368,357 (1,616) 349,973 351,580 (1,607) Non-owner occupied and multifamily properties 515,528 519,115 (3,587) 482,270 486,021 (3,751) Residential real estate: 1-4 family residential properties secured by first liens 203,738 203,534 204 73,381 73,674 (293) 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 33,996 33,783 213 20,259 20,103 156 1-4 family residential construction loans 30,976 31,239 (263) 44,000 44,314 (314) Other construction, land development and raw land loans 148,373 149,788 (1,415) 99,182 100,075 (893) Obligations of states and political subdivisions in the US 30,407 30,409 (2) 32,539 32,540 (1) Agricultural production, including commercial fishing 41,007 41,237 (230) 34,099 34,263 (164) Consumer loans 6,241 6,180 61 4,335 4,293 42 Other loans 1,103 1,118 (15) 3,619 3,632 (13) Total 1,789,497 1,798,053 (8,556) 1,501,785 1,510,395 (8,610) Allowance for credit losses (17,270) (13,838) $1,772,227 $1,798,053 ($8,556) $1,487,947 $1,510,395 ($8,610)
Allowance For Credit Losses	The activity in the ACL related to loans held for investment for the periods indicated is as follows: Beginning Balance Credit Loss Expense (Benefit) Charge-offs Recoveries Ending Balance (In Thousands) 2023 Commercial & industrial loans $2,914 $415 ($337) $446 $3,438 Commercial real estate: Owner occupied properties 3,094 (227) — — 2,867 Non-owner occupied and multifamily properties 3,615 (321) — — 3,294 Residential real estate: 1-4 family residential properties secured by first liens 1,413 2,129 (72) — 3,470 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 389 139 — 23 551 1-4 family residential construction loans 312 (121) — — 191 Other construction, land development and raw land loans 1,803 1,324 — — 3,127 Obligations of states and political subdivisions in the US 79 1 — — 80 Agricultural production, including commercial fishing 145 23 — — 168 Consumer loans 68 35 (26) 4 81 Other loans 6 (3) — — 3 Total $13,838 $3,394 ($435) $473 $17,270 Beginning Balance Credit Loss Expense (Benefit) Charge-offs Recoveries Ending Balance (In Thousands) 2022 Commercial & industrial loans $3,027 ($1,124) ($506) $1,517 $2,914 Commercial real estate: Owner occupied properties 3,176 (137) — 55 3,094 Non-owner occupied and multifamily properties 2,930 685 — — 3,615 Residential real estate: 1-4 family residential properties secured by first liens 439 969 — 5 1,413 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 215 134 — 40 389 1-4 family residential construction loans 120 192 — — 312 Other construction, land development and raw land loans 1,635 168 — — 1,803 Obligations of states and political subdivisions in the US 32 47 — — 79 Agricultural production, including commercial fishing 91 39 — 15 145 Consumer loans 67 — (3) 4 68 Other loans 7 (1) — — 6 Total $11,739 $972 ($509) $1,636 $13,838
Portfolio of Risk-rated Loans by Grade and by Year of Origination	The following tables present the Company's portfolio of risk-rated loans by grade and by year of origination. Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal of loan constitutes a current period origination. Generally, current period renewals of credit are re-underwritten at the point of renewal and considered current period originations for purposes of the table below. December 31, 2023 2023 2022 2021 2020 2019 Prior Total (In Thousands) Commercial & industrial loans Pass $97,377 $123,874 $58,708 $24,177 $13,990 $44,674 $362,800 Classified 3,319 18,790 16,964 7,032 56 2,426 48,587 Total commercial & industrial loans $100,696 $142,664 $75,672 $31,209 $14,046 $47,100 $411,387 Commercial real estate: Owner occupied properties Pass $40,745 $70,925 $69,316 $82,339 $28,588 $71,930 $363,843 Classified — — — 1,115 1,783 2,898 Total commercial real estate owner occupied properties $40,745 $70,925 $69,316 $83,454 $28,588 $73,713 $366,741 Non-owner occupied and multifamily properties Pass $59,990 $96,532 $83,277 $67,037 $56,192 $143,619 $506,647 Classified — — — — — 8,881 8,881 Total commercial real estate non-owner occupied and multifamily properties $59,990 $96,532 $83,277 $67,037 $56,192 $152,500 $515,528 Residential real estate: 1-4 family residential properties secured by first liens Pass $139,829 $47,775 $4,119 $4,070 $2,240 $5,388 $203,421 Classified 224 — — — 93 317 Total residential real estate 1-4 family residential properties secured by first liens $140,053 $47,775 $4,119 $4,070 $2,240 $5,481 $203,738 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens Pass $16,145 $5,417 $3,331 $1,906 $2,277 $4,581 $33,657 Classified — — — — — 339 339 Total residential real estate 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens $16,145 $5,417 $3,331 $1,906 $2,277 $4,920 $33,996 1-4 family residential construction loans Pass $16,845 $4,469 $— $— $— $9,553 $30,867 Classified — — — — — 109 109 Total residential real estate 1-4 family residential construction loans $16,845 $4,469 $— $— $— $9,662 $30,976 Other construction, land development and raw land loans Pass $42,615 $58,714 $32,780 $1,982 $1,454 $7,896 $145,441 Classified — 1,175 — — — 1,757 2,932 Total other construction, land development and raw land loans $42,615 $59,889 $32,780 $1,982 $1,454 $9,653 $148,373 Obligations of states and political subdivisions in the US Pass $— $30,317 $— $— $— $90 $30,407 Classified — — — — — — — Total obligations of states and political subdivisions in the US $— $30,317 $— $— $— $90 $30,407 Agricultural production, including commercial fishing Pass $8,643 $9,649 $17,061 $3,465 $524 $1,665 $41,007 Classified — — — — — — — Total agricultural production, including commercial fishing $8,643 $9,649 $17,061 $3,465 $524 $1,665 $41,007 Consumer loans Pass $3,396 $983 $209 $368 $258 $1,026 $6,240 Classified 1 — — — — — 1 Total consumer loans $3,397 $983 $209 $368 $258 $1,026 $6,241 Other loans Pass $160 $77 $135 $592 $138 $1 $1,103 Classified — — — — — — — Total other loans $160 $77 $135 $592 $138 $1 $1,103 Total loans Pass $425,745 $448,732 $268,936 $185,936 $105,661 $290,423 $1,725,433 Classified 3,544 19,965 16,964 8,147 56 15,388 64,064 Total loans $429,289 $468,697 $285,900 $194,083 $105,717 $305,811 $1,789,497 Total pass loans $425,745 $448,732 $268,936 $185,936 $105,661 $290,423 $1,725,433 Government guarantees (2,792) (8,409) (19,305) (2,295) (12,133) (7,696) (52,630) Total pass loans, net of government guarantees $422,953 $440,323 $249,631 $183,641 $93,528 $282,727 $1,672,803 Total classified loans $3,544 $19,965 $16,964 $8,147 $56 $15,388 $64,064 Government guarantees — (16,805) (15,268) (7,043) — (11,311) (50,427) Total classified loans, net government guarantees $3,544 $3,160 $1,696 $1,104 $56 $4,077 $13,637 December 31, 2022 2022 2021 2020 2019 2018 Prior Total (In Thousands) Commercial & industrial loans Pass $157,555 $86,543 $37,147 $17,881 $9,844 $40,571 $349,541 Classified 137 4,879 397 91 2,737 346 8,587 Total commercial & industrial loans $157,692 $91,422 $37,544 $17,972 $12,581 $40,917 $358,128 Commercial real estate: Owner occupied properties Pass $66,955 $70,777 $90,496 $32,564 $13,233 $69,701 $343,726 Classified — — 1,261 — 165 4,821 6,247 Total commercial real estate owner occupied properties $66,955 $70,777 $91,757 $32,564 $13,398 $74,522 $349,973 Non-owner occupied and multifamily properties Pass $94,412 $82,352 $71,407 $58,033 $16,905 $149,223 $472,332 Classified — — — 274 3 9,661 9,938 Total commercial real estate non-owner occupied and multifamily properties $94,412 $82,352 $71,407 $58,307 $16,908 $158,884 $482,270 Residential real estate: 1-4 family residential properties secured by first liens Pass $52,117 $5,088 $6,001 $2,535 $462 $6,968 $73,171 Classified — — — — 79 131 210 Total residential real estate 1-4 family residential properties secured by first liens $52,117 $5,088 $6,001 $2,535 $541 $7,099 $73,381 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens Pass $6,992 $3,376 $2,041 $2,763 $2,781 $2,060 $20,013 Classified — — — — 239 7 246 Total residential real estate 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens $6,992 $3,376 $2,041 $2,763 $3,020 $2,067 $20,259 1-4 family residential construction loans Pass $26,860 $3,897 $61 $— $— $13,073 $43,891 Classified — — — — — 109 109 Total residential real estate 1-4 family residential construction loans $26,860 $3,897 $61 $— $— $13,182 $44,000 Other construction, land development and raw land loans Pass $38,673 $42,448 $5,740 $1,713 $3,675 $5,112 $97,361 Classified — — — — 369 1,452 1,821 Total other construction, land development and raw land loans $38,673 $42,448 $5,740 $1,713 $4,044 $6,564 $99,182 Obligations of states and political subdivisions in the US Pass $32,319 $— $— $— $219 $1 $32,539 Classified — — — — — — — Total obligations of states and political subdivisions in the US $32,319 $— $— $— $219 $1 $32,539 Agricultural production, including commercial fishing Pass $9,748 $17,692 $3,740 $604 $879 $1,436 $34,099 Classified — — — — — — — Total agricultural production, including commercial fishing $9,748 $17,692 $3,740 $604 $879 $1,436 $34,099 Consumer loans Pass $1,513 $363 $481 $345 $235 $1,391 $4,328 Classified — — — — — 7 7 Total consumer loans $1,513 $363 $481 $345 $235 $1,398 $4,335 Other loans Pass $1,291 $330 $1,547 $384 $— $67 $3,619 Classified — — — — — — — Total other loans $1,291 $330 $1,547 $384 $— $67 $3,619 Total loans Pass $488,435 $312,866 $218,661 $116,822 $48,233 $289,603 $1,474,620 Classified 137 4,879 1,658 365 3,592 16,534 27,165 Total loans $488,572 $317,745 $220,319 $117,187 $51,825 $306,137 $1,501,785 Total pass loans $488,435 $312,866 $218,661 $116,822 $48,233 $289,603 $1,474,620 Government guarantees (25,172) (36,531) (9,751) (12,885) (2,964) (5,314) (92,617) Total pass loans, net of government guarantees $463,263 $276,335 $208,910 $103,937 $45,269 $284,289 $1,382,003 Total classified loans $137 $4,879 $1,658 $365 $3,592 $16,534 $27,165 Government guarantees — (4,396) (1,135) — — (9,293) (14,824) Total classified loans, net government guarantees $137 $483 $523 $365 $3,592 $7,241 $12,341
Aging of Contractually Past Due Loans	The following tables present an aging of contractually past due loans as of the periods indicated: (In Thousands) 30-59 Days 60-89 Days Greater Than Total Past Current Total Greater Than 90 Days Past Due Still Accruing December 31, 2023 Commercial & industrial loans $326 $148 $1,253 $1,727 $409,660 $411,387 $— Commercial real estate: Owner occupied properties — — 260 260 366,481 366,741 — Non-owner occupied and multifamily properties — — — — 515,528 515,528 — Residential real estate: 1-4 family residential properties secured by first liens 458 — 224 682 203,056 203,738 — 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 53 — 155 208 33,788 33,996 — 1-4 family residential construction loans — — 109 109 30,867 30,976 — Other construction, land development and raw land loans — — 1,545 1,545 146,828 148,373 — Obligations of states and political subdivisions in the US — — — — 30,407 30,407 — Agricultural production, including commercial fishing — — — — 41,007 41,007 — Consumer loans 18 1 — 19 6,222 6,241 — Other loans — — — — 1,103 1,103 — Total $855 $149 $3,546 $4,550 $1,784,947 $1,789,497 $— December 31, 2022 Commercial & industrial loans $37 $521 $56 $614 $357,514 $358,128 $— Commercial real estate: Owner occupied properties — — 798 798 349,175 349,973 — Non-owner occupied and multifamily properties — — 274 274 481,996 482,270 — Residential real estate: 1-4 family residential properties secured by first liens 60 79 72 211 73,170 73,381 — 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 112 — 127 239 20,020 20,259 — 1-4 family residential construction loans — — 109 109 43,891 44,000 — Other construction, land development and raw land loans — — 1,545 1,545 97,637 99,182 — Obligations of states and political subdivisions in the US — — — — 32,539 32,539 — Agricultural production, including commercial fishing — — — — 34,099 34,099 — Consumer loans 6 80 — 86 4,249 4,335 — Other loans — — — — 3,619 3,619 — Total $215 $680 $2,981 $3,876 $1,497,909 $1,501,785 $—
Loans on Nonaccrual Status	The following table presents loans on nonaccrual status and loans on nonaccrual status for which there was no related ACL: December 31, 2023 December 31, 2022 (In Thousands) Nonaccrual Nonaccrual With No ACL Nonaccrual Nonaccrual With No ACL Commercial & industrial loans $3,655 $3,651 $3,294 $3,287 Commercial real estate: Owner occupied properties 271 260 1,457 1,457 Non-owner occupied and multifamily properties — — 274 274 Residential real estate: 1-4 family residential properties secured by first liens 270 224 151 144 1-4 family residential properties secured by junior liens 219 176 246 198 1-4 family residential construction loans 109 109 109 109 Other construction, land development and raw land loans 1,545 1,545 1,545 1,545 Total nonaccrual loans 6,069 5,965 7,076 7,014 Government guarantees on nonaccrual loans (1,067) (1,067) (646) (646) Net nonaccrual loans $5,002 $4,898 $6,430 $6,368
Loan Modifications	The percentage of the amortized cost basis of loans that were modified to borrowers experiencing financial difficulty as compared to the amortized cost basis of each class of financing receivable is also presented below: December 31, 2023 Term Modification Payment Modification Term and payment modifications Total Modifications Percentage of Class of Financing Receivable (In Thousands) Commercial & industrial loans $956 $1,985 $— $2,941 0.71 % Commercial real estate: Owner occupied properties — — 260 260 0.07 % Residential real estate: 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 115 — — 115 0.34 % 1-4 family residential construction loans 109 — — 109 0.35 % Other construction, land development and raw land loans 968 — 577 1,545 1.04 % Total $2,148 $1,985 $837 $4,970 0.28 % The following table presents the financial effect of the loan modifications presented above to borrowers experiencing financial difficulty for the year ended December 31, 2023: December 31, 2023 Principal Forgiveness Weighted-Average Interest Rate Reduction Weighted-Average Term Extension (months) (In Thousands) Commercial & industrial loans $— — % 20 Commercial real estate: Owner occupied properties — — % 5 Residential real estate: 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens — — % 5 1-4 family residential construction loans — — % 5 Other construction, land development and raw land loans — — % 5 December 31, 2023 30-59 Days Past Due 60-89 Days Past Due Greater Than 89 Days Past Due Total Past Due (In Thousands) Commercial & industrial loans $— $— $956 $956 Commercial real estate: Owner occupied properties — — 260 260 Residential real estate: 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens — — 115 115 1-4 family residential construction loans — — 109 109 Other construction, land development and raw land loans — — 1,545 1,545 Total $— $— $2,985 $2,985 The following table presents the amortized cost basis of loans that had a payment default during 2023 and were modified in the twelve months prior to that default to borrowers experiencing financial difficulty: December 31, 2023 Term modification Term and payment modification (In Thousands) Commercial & industrial loans $956 $— Commercial real estate: Owner occupied properties — 260 Residential real estate: 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens 115 — 1-4 family residential construction loans 109 — Other construction, land development and raw land loans 968 577 Total $2,148 $837
Analysis Of Loan Transactions	An analysis of the loan transactions for the years indicated follows: (In Thousands) 2023 2022 2021 Balance, beginning of the year $1,996 $191 $217 Loans made 521 1,886 — Repayments 122 81 26 Balance, end of year $2,395 $1,996 $191

Purchased Receivables (Tables)

Purchased Receivables (Tables)	12 Months Ended
	Dec. 31, 2023
Purchased Receivables [Abstract]
Summary of Components of Net Purchased Receivables	The following table summarizes the components of net purchased receivables at December 31, for the years indicated: (In Thousands) 2023 2022 Purchased receivables $36,842 $19,994 Allowance for credit losses - purchased receivables — — Total $36,842 $19,994
Changes in the ACL on Purchased Receivables	The following table sets forth information regarding changes in the ACL on purchased receivables for the periods indicated: (In Thousands) 2023 2022 2021 Balance at beginning of year $— $— $73 Impact of adopting ASC 326 — — (73) Charge-offs — — — Recoveries — — — Charge-offs net of recoveries — — — Benefit for purchased receivables — — — Balance at end of year $— $— $—

Servicing Rights (Tables)

Servicing Rights (Tables)	12 Months Ended
	Dec. 31, 2023
Transfers and Servicing [Abstract]
Schedule of Servicing Asset at Fair Value	The following table details the activity in the Company's MSR for the year indicated: (In Thousands) 2023 2022 2021 Balance, beginning of period $18,635 $13,724 $11,218 Additions for new MSR capitalized 3,616 4,623 6,088 Changes in fair value: Due to changes in model inputs of assumptions (1) (922) 1,615 (1,181) Other (2) (1,765) (1,327) (2,401) Carrying value, December 31 $19,564 $18,635 $13,724 (1) Principally reflects changes in discount rates and prepayment speed assumptions, which are primarily affected by changes in interest rates. (2) Represents changes due to collection/realization of expected cash flows over time. The following table details information related to our serviced mortgage loan portfolio as of the dates indicated: (In Thousands) December 31, 2023 December 31, 2022 Balance of mortgage loans serviced for others $1,044,516 $898,840 Weighted average rate of note 4.03 % 3.47 % MSR as a percentage of serviced loans 1.87 % 2.07 %
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets	The following table outlines the weighted average key assumptions used in measuring the fair value of MSRs and the sensitivity of the current fair value of MSRs to immediate adverse changes in those assumptions as of the dates indicated. See Note 24 for additional information on key assumptions for MSRs. (In Thousands) December 31, 2023 December 31, 2022 Fair value of MSRs $19,564 $18,635 Expected weighted-average life (in years) 10.23 9.46 Key assumptions: Constant prepayment rate 1 8.48 % 6.64 % Impact on fair value from 10% adverse change ($1,754) ($518) Impact on fair value from 25% adverse change ($2,552) ($1,233) Discount rate 10.98 % 11.25 % Impact on fair value from 100 basis point increase ($811) ($635) Impact on fair value from 200 basis point increase ($1,560) ($1,224) Cost to service assumptions ($ per loan) $82 $91 Impact on fair value from 10% adverse change ($160) ($153) Impact on fair value from 25% adverse change ($401) ($382) 1 Prepayment speeds are influenced by mortgage interest rates as well as our estimation of drivers of borrower behavior.

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	12 Months Ended
	Dec. 31, 2023
Real Estate [Abstract]
Net Operating (Income) Expense Related To Other Real Estate Owned	The following table details net operating (income) expense related to OREO for the years indicated: Years Ended December 31, (In Thousands) 2023 2022 2021 OREO (income) expense, net rental income and gains on sale: OREO operating expense $16 $634 $777 Impairment on OREO 123 — — Rental income on OREO (4) (548) (524) (Gains)/ losses on sale of OREO (929) 414 (685) Total ($794) $500 ($432)

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Premises and Equipment	The following summarizes the components of premises and equipment at December 31 for the years indicated: (In Thousands) Useful Life 2023 2022 Land $5,376 $5,376 Furniture and equipment 3-7 years 19,088 15,778 Tenant improvements 2-15 years 11,300 10,409 Buildings 39 years 41,054 39,333 Total Premises and Equipment 76,818 70,896 Accumulated depreciation and amortization (36,125) (33,075) Total Premises and Equipment, Net $40,693 $37,821

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2023
Leases [Abstract]
Additional Information about Operating Leases	The following table presents additional information about the Company's operating leases: (In Thousands) 2023 2022 Lease Cost Operating lease cost (1) $2,818 $2,737 Short term lease cost (1) 143 37 Total lease cost $2,961 $2,774 Other information Operating leases - operating cash flows $2,628 $2,545 Weighted average lease term - operating leases, in years 10.41 10.52 Weighted average discount rate - operating leases 3.55 % 3.30 % (1) Expenses are classified within occupancy expense on the Consolidated Statements of Income.
Undiscounted Cash Flows for Operating Lease Liabilities	The table below reconciles the remaining undiscounted cash flows for the next five years for each twelve-month period presented and the total of the subsequent remaining years to the operating lease liabilities recorded on the balance sheet: (In Thousands) Operating Leases 2024 $2,637 2025 2,285 2026 1,130 2027 731 2028 543 Thereafter 3,876 Total minimum lease payments $11,202 Less: amount of lease payment representing interest (2,110) Present value of future minimum lease payments $9,092

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	A summary of goodwill and intangible assets at December 31, 2023 and 2022, is as follows: (In Thousands) 2023 2022 Intangible assets: Goodwill $15,017 $15,017 Core deposit intangible — 17 Trade name intangible 950 950 Total $15,967 $15,984

Other Assets (Tables)

Other Assets (Tables)	12 Months Ended
	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets	A summary of other assets as of December 31, 2023 and 2022, is as follows: (In Thousands) 2023 2022 Other assets: Investment in Low Income Housing Partnerships $27,992 $17,289 Interest rate swaps not designated as hedging instruments, at fair value 10,470 12,725 Deferred taxes, net 5,764 11,367 Accrued interest receivable 11,958 9,937 Bank owned life insurance, net 3,837 4,345 Prepaid expenses 2,627 2,358 Commercial servicing rights, at fair value 2,200 2,129 Equity method investments 1,260 1,925 Taxes receivable 1,726 1,749 Software 740 1,741 Interest rate lock commitments 342 440 Other assets 2,873 2,841 Total $71,789 $68,846
Other Commitments	The following table shows the Company's commitments to invest in various LIHTC partnerships. The Company earns a return on its investments in the form of tax credits and deductions that flow through to it as a limited partner in these partnerships. The Company recognized amortization expense of $3.6 million, $3.4 million, and $3.5 million in 2023, 2022, and 2021, respectively. The Company expects to fund its remaining $14.0 million in commitments on these investments through 2038. (In Thousands) Date of original commitment Years over which tax benefits are earned Original commitment amount Less: life to date contributions Remaining commitment amount USA 57 December 2006 15 3,000 (3,000) — WNC December 2012 16 2,500 (2,500) — R4 - Coronado March 2013 17 10,729 (10,654) 75 R4 - MVV May 2014 17 8,528 (8,388) 140 R4 - PJ33 June 2016 17 6,835 (6,677) 158 R4 - Coronado II July 2019 17 7,302 (7,047) 255 R4 - Duke Apartments November 2019 17 3,985 (3,768) 217 R4 - Aspen House July 2023 17 8,534 (632) 7,902 R4 - Old Mat II July 2023 17 5,739 (525) 5,214 Total $57,152 ($43,191) $13,961

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2023
Deposits [Abstract]
Schedule of Deposit Maturity	At December 31, 2023, the scheduled maturities of certificates of deposit are as follows: (In Thousands) 2024 $268,526 2025 56,842 2026 3,633 2027 139 2028 354 Thereafter 1,757 Total $331,251

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2023
Debt Disclosure [Abstract]
Future Principal Payments Required On The Company's Borrowings	The future principal payments that are required on the Company’s borrowings as of December 31, 2023, are as follows: (In Thousands) 2023 $431 2024 441 2025 453 2026 462 2027 474 Thereafter 11,414 Total $13,675

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table shows changes in accumulated other comprehensive income (loss) by component for the years ended December 31, 2023, 2022, and 2021: (In Thousands) Unrealized gains (losses) on securities available for sale Unrealized gains (losses) on derivatives and hedging Total Balance at December 31, 2020 $1,259 ($1,241) $18 Other comprehensive income (loss), net of tax expense of $1,360 (3,982) 558 (3,424) Balance at December 31, 2021 ($2,723) ($683) ($3,406) Other comprehensive income (loss), net of tax benefit of $(10,199) (27,399) 1,724 (25,675) Balance at December 31, 2022 ($30,122) $1,041 ($29,081) Other comprehensive income (loss), net of tax expense of $(5,023) 12,707 (63) 12,644 Balance at December 31, 2023 ($17,415) $978 ($16,437)

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Standby Letters of Credit and Other Letters of Credit	The Company applies the same credit standards to these contracts as it uses in its lending process. The following table presents the off-balance sheet commitments as of December 31, 2023 and December 31, 2022: (In Thousands) 2023 2022 Off-balance sheet commitments: Commitments to extend credit $445,879 $464,972 Commitments to originate loans held for sale $22,926 $29,065 Standby letters of credit $26,794 $3,679

Derivatives (Tables)

Derivatives (Tables)	12 Months Ended
	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents the fair value of derivatives not designated as hedging instruments as of the dates noted: (In Thousands) Asset Derivatives December 31, 2023 December 31, 2022 Balance Sheet Location Fair Value Fair Value Interest rate swaps Other assets $10,470 $12,725 Interest rate lock commitments Other assets 342 440 Retail interest rate contracts Other assets — — Total $10,812 $13,165 (In Thousands) Liability Derivatives December 31, 2023 December 31, 2022 Balance Sheet Location Fair Value Fair Value Interest rate swaps Other liabilities $10,470 $12,725 Retail interest rate contracts Other liabilities 13 3 Total $10,483 $12,728
Derivative Instruments, Gain (Loss)	The following table presents the net gains (losses) of derivatives not designated as hedging instruments as of the dates noted: (In Thousands) Income Statement Location December 31, 2023 December 31, 2022 Retail interest rate contracts Mortgage banking income $161 $4,335 Interest rate lock commitments Mortgage banking income (92) (866) Total $69 $3,469
Offsetting Assets	The following table summarizes the derivatives that have a right of offset as of December 31, 2023 and 2022: December 31, 2023 Gross amounts not offset in the Statement of Financial Position (In Thousands) Gross amounts of recognized assets and liabilities Gross amounts offset in the Statement of Financial Position Net amounts of assets and liabilities presented in the Statement of Financial Position Financial Instruments Collateral Posted Net Amount Asset Derivatives Interest rate swaps $10,470 $— $10,470 $— $— $10,470 Liability Derivatives Interest rate swaps $10,470 $— $10,470 $— $10,470 $— Retail interest rate contracts 13 — 13 — — 13 December 31, 2022 Gross amounts not offset in the Statement of Financial Position (In Thousands) Gross amounts of recognized assets and liabilities Gross amounts offset in the Statement of Financial Position Net amounts of assets and liabilities presented in the Statement of Financial Position Financial Instruments Collateral Posted Net Amount Asset Derivatives Interest rate swaps $12,725 $— $12,725 $— $— $12,725 Retail interest rate contracts — — — — — — Liability Derivatives Interest rate swaps $12,725 $— $12,725 $— $12,725 $—
Offsetting Liabilities	The following table summarizes the derivatives that have a right of offset as of December 31, 2023 and 2022: December 31, 2023 Gross amounts not offset in the Statement of Financial Position (In Thousands) Gross amounts of recognized assets and liabilities Gross amounts offset in the Statement of Financial Position Net amounts of assets and liabilities presented in the Statement of Financial Position Financial Instruments Collateral Posted Net Amount Asset Derivatives Interest rate swaps $10,470 $— $10,470 $— $— $10,470 Liability Derivatives Interest rate swaps $10,470 $— $10,470 $— $10,470 $— Retail interest rate contracts 13 — 13 — — 13 December 31, 2022 Gross amounts not offset in the Statement of Financial Position (In Thousands) Gross amounts of recognized assets and liabilities Gross amounts offset in the Statement of Financial Position Net amounts of assets and liabilities presented in the Statement of Financial Position Financial Instruments Collateral Posted Net Amount Asset Derivatives Interest rate swaps $12,725 $— $12,725 $— $— $12,725 Retail interest rate contracts — — — — — — Liability Derivatives Interest rate swaps $12,725 $— $12,725 $— $12,725 $—

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Assumptions Used To Determine Fair Value of Stock Options	The following assumptions were used to determine the fair value of stock options as of the grant date to determine compensation expense for the years ended December 31, 2023, 2022, and 2021: Stock Options: 2023 2022 2021 Grant date fair value NA NA $10.27 Expected life of options NA NA 8 years Risk-free interest rate NA NA 1.33 % Dividend yield rate NA NA 3.86 % Price volatility NA NA 36.46 %
Stock Options Activity	The following table summarizes stock option activity during 2023: Number of Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Life, in Years Outstanding at January 1, 2023 120,195 $34.21 Granted — — Forfeited — — Exercised (15,585) 28.54 Outstanding at December 31, 2023 104,610 $35.06 5.05
Restricted Stock Unit Activity	The following table summarizes restricted stock unit activity during 2023: Number of Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Life, in Years Outstanding at January 1, 2023 38,502 $34.12 Granted 25,280 45.43 Dividend equivalents awarded 2,826 — Vested (21,677) 28.26 Forfeited (1,903) 37.53 Outstanding at December 31, 2023 43,028 $41.32 1.98
Performance Stock Units Activity	The following table summarizes performance stock unit activity during 2023: Number of Shares Weighted Average Grant Date Fair Value Weighted Average Remaining Contractual Life, in Years Outstanding at January 1, 2023 — $— Granted 9,453 45.43 Dividend equivalents awarded 393 — Vested — — Forfeited — — Outstanding at December 31, 2023 9,846 $43.62 2.23

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2023
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Capital Requirements And Actual Capital Ratios	The tables below illustrate the capital requirements for the Company and the Bank and the actual capital ratios for each entity that exceed these requirements. The dividends that the Bank pays to the Company are limited to the extent necessary for the Bank to meet the regulatory requirements of a “well-capitalized” bank. The capital ratios for the Company exceed those for the Bank primarily because the $10 million trust preferred securities offerings that the Company completed in the fourth quarter of 2005 are included in the Company’s capital for regulatory purposes although they are accounted for as a liability in its financial statements. The trust preferred securities are not included in the Bank's capital ratios. Northrim BanCorp, Inc. Actual Adequately-Capitalized Well-Capitalized (In Thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2023: Common equity tier 1 capital (to risk-weighted assets) $235,378 10.98 % $96,466 ≥ 4.5 % NA NA Total Capital (to risk-weighted assets) $264,775 12.35 % $171,514 ≥ 8 % NA NA Tier I Capital (to risk-weighted assets) $245,087 11.43 % $128,655 ≥ 6 % NA NA Tier I Capital (to average assets) $245,087 8.72 % $112,425 ≥ 4 % NA NA As of December 31, 2022: Common equity tier 1 capital (to risk-weighted assets) $231,920 12.29 % $84,918 ≥ 4.5 % NA NA Total Capital (to risk-weighted assets) $257,425 13.64 % $150,982 ≥ 8 % NA NA Tier I Capital (to risk-weighted assets) $241,617 12.81 % $113,170 ≥ 6 % NA NA Tier I Capital (to average assets) $241,617 9.01 % $107,266 ≥ 4 % NA NA Northrim Bank Actual Adequately-Capitalized Well-Capitalized (In Thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2023: Common equity tier 1 capital (to risk-weighted assets) $210,179 9.89 % $95,633 ≥ 4.5 % $138,136 ≥ 6.5 % Total Capital (to risk-weighted assets) $229,772 10.81 % $170,044 ≥ 8 % $212,555 ≥ 10 % Tier I Capital (to risk-weighted assets) $210,084 9.88 % $127,581 ≥ 6 % $170,109 ≥ 8 % Tier I Capital (to average assets) $210,084 7.51 % $111,896 ≥ 4 % $139,870 ≥ 5 % As of December 31, 2022: Common equity tier 1 capital (to risk-weighted assets) $198,034 10.59 % $84,150 ≥ 4.5 % $121,551 ≥ 6.5 % Total Capital (to risk-weighted assets) $213,745 11.42 % $149,734 ≥ 8 % $187,167 ≥ 10 % Tier I Capital (to risk-weighted assets) $197,937 10.58 % $112,252 ≥ 6 % $149,669 ≥ 8 % Tier I Capital (to average assets) $197,937 7.42 % $106,705 ≥ 4 % $133,381 ≥ 5 %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Components of The Provision For Income Taxes	Components of the provision for income taxes are as follows: (In Thousands) Current Tax Expense (Benefit) Deferred Expense (Benefit) Total Expense 2023: Federal $1,120 $388 $1,508 State 944 192 1,136 Amortization of investment in low income housing tax credit partnerships 3,570 — 3,570 Total $5,634 $580 $6,214 2022: Federal $1,412 $1,412 $2,824 State 860 698 1,558 Amortization of investment in low income housing tax credit partnerships 3,371 — 3,371 Total $5,643 $2,110 $7,753 2021: Federal $5,090 ($869) $4,221 State 3,182 (429) 2,753 Amortization of investment in low income housing tax credit partnerships 3,502 — 3,502 Total $11,774 ($1,298) $10,476
Reconciliation of Actual to Expected Tax Expense	The actual expense for 2023, 2022, and 2021, differs from the “expected” tax expense (computed by applying the U.S. Federal Statutory Tax Rate of 21% for the years ended December 31, 2023, 2022 and 2021) as follows: (In Thousands) 2023 2022 2021 Computed “expected” income tax expense $6,638 $8,084 $10,079 State income taxes, net 897 1,231 2,175 Tax-exempt interest on investment securities and loans (459) (358) (238) Amortization of investment in low income housing tax credit partnerships, net 3,192 3,191 3,163 Low income housing tax credits (3,627) (3,725) (3,694) Other (427) (670) (1,009) Total $6,214 $7,753 $10,476
Components of Net Deferred Tax Asset	The components of the net deferred tax asset are as follows: (In Thousands) 2023 2022 2021 Deferred Tax Asset: Allowance for loan losses $5,347 $4,263 $3,126 Loan fees, net of costs 649 778 1,956 Interest income, nonaccrual loans 356 370 482 Deferred compensation 1,674 1,822 1,344 Equity compensation 466 404 406 Operating lease liabilities 2,585 2,805 3,117 Accrued liabilities 941 1,286 1,826 Unrealized loss on available for sale investment securities 7,057 11,976 1,270 Unrealized loss on marketable equity securities 176 178 — Other 280 285 837 Total Deferred Tax Asset $19,531 $24,167 $14,364 Deferred Tax Liability: Intangible amortization ($2,746) ($1,886) ($1,453) Mortgage servicing rights (6,065) (5,789) (4,172) Depreciation and amortization (1,463) (1,261) (1,515) Operating lease right-of-use assets (2,585) (2,806) (3,128) Unrealized gain on available for sale investment securities (139) (11) (189) Unrealized gain on marketable equity securities (50) (18) (159) Other (719) (1,029) (470) Total Deferred Tax Liability ($13,767) ($12,800) ($11,086) Net Deferred Tax Asset $5,764 $11,367 $3,278

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Estimated Fair Values	Estimated fair values as of the periods indicated are as follows: December 31, 2023 December 31, 2022 (In Thousands) Carrying Amount Fair Value Carrying Amount Fair Value Financial assets: Level 1 inputs: Cash, due from banks and deposits in other banks $118,530 $118,530 $259,350 $259,350 Investment securities available for sale 310,896 310,896 356,837 356,837 Marketable equity securities 13,153 13,153 10,740 10,740 Level 2 inputs: Investment securities available for sale 327,040 327,040 320,192 320,192 Investment in Federal Home Loan Bank Stock 2,980 2,980 3,816 3,816 Loans held for sale 31,974 31,974 27,538 27,538 Accrued interest receivable 11,958 11,958 9,937 9,937 Interest rate swaps 11,836 11,836 14,179 14,179 Level 3 inputs: Investment securities held to maturity 36,750 33,413 36,750 32,639 Loans 1,789,497 1,686,362 1,501,785 1,408,350 Purchased receivables, net 36,842 36,842 19,994 19,994 Interest rate lock commitments 342 342 440 440 Mortgage servicing rights 19,564 19,564 18,635 18,635 Commercial servicing rights 2,200 2,200 2,129 2,129 Financial liabilities: Level 2 inputs: Deposits $2,485,055 2,482,937 $2,387,211 $2,383,975 Borrowings 13,675 11,872 14,095 12,382 Accrued interest payable 202 202 54 54 Interest rate swaps 10,470 10,470 12,725 12,725 Retail interest rate contracts 13 13 3 3 Level 3 inputs: Junior subordinated debentures 10,310 12,030 10,310 11,266
Schedule of Assets And Liabilities Measured At Fair Value On A Recurring Basis	The following table sets forth the balances as of the periods indicated of assets measured at fair value on a recurring basis: (In Thousands) Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) December 31, 2023 Assets: Available for sale securities U.S. Treasury and government sponsored entities $564,125 $300,274 $263,851 $— Municipal securities 816 — 816 — Corporate bonds 13,624 10,622 3,002 — Collateralized loan obligations 59,371 — 59,371 — Total available for sale securities $637,936 $310,896 $327,040 $— Marketable equity securities $13,153 $13,153 $— $— Total marketable equity securities $13,153 $13,153 $— $— Interest rate swaps $11,836 $— $11,836 $— Interest rate lock commitments 342 — — 342 Mortgage servicing rights 19,564 — — 19,564 Commercial servicing rights 2,200 — — 2,200 Total other assets $33,942 $— $11,836 $22,106 Liabilities: Interest rate swaps $10,470 $— $10,470 $— Retail interest rate contracts 13 — 13 — Total other liabilities $10,483 $— $10,483 $— December 31, 2022 Assets: Available for sale securities U.S. Treasury and government sponsored entities $595,161 $333,193 $261,968 $— Municipal securities 795 — 795 — Corporate bonds 23,644 23,644 — — Collateralized loan obligations 57,429 — 57,429 — Total available for sale securities $677,029 $356,837 $320,192 $— Marketable equity securities $10,740 $10,740 $— $— Total marketable equity securities $10,740 $10,740 $— $— Interest rate swaps $14,178 $— $14,178 $— Interest rate lock commitments 440 — — 440 Mortgage servicing rights 18,635 — — 18,635 Commercial servicing rights 2,129 — — 2,129 Total other assets $35,382 $— $14,178 $21,204 Liabilities: Interest rate swaps $12,725 $— $12,725 $— Total other liabilities $12,728 $— $12,728 $—
Fair Value, Assets Measured on Recurring Basis using Significant Unobservable Inputs	The following table provides a reconciliation of the assets and liabilities measured at fair value using significant unobservable inputs (Level 3) on a recurring basis during the years ended December 31, 2023 and 2022: (In Thousands) Beginning balance Change included in earnings Purchases and issuances Sales and settlements Ending balance December 31, 2023 Interest rate lock commitments $440 ($989) $7,447 ($6,556) $342 Mortgage servicing rights 18,635 (2,687) 3,616 — 19,564 Commercial servicing rights 2,129 (62) 133 — 2,200 Total $21,204 ($3,738) $11,196 ($6,556) $22,106 December 31, 2022 Interest rate lock commitments $1,387 ($1,515) $12,140 ($11,572) $440 Mortgage servicing rights 13,724 288 4,623 — 18,635 Commercial servicing rights 1,084 809 236 — 2,129 Total $16,195 ($418) $16,999 ($11,572) $21,204
Fair Value, Assets Measured on Nonrecurring Basis	As of and for the years ending December 31, 2023 and 2022, except for certain assets as shown in the following table, no impairment or valuation adjustment was recognized for assets recognized at fair value on a nonrecurring basis. For loans individually measured for credit losses, the Company classifies fair value measurements using observable inputs, such as external appraisals, as Level 2 valuations in the fair value hierarchy, and unobservable inputs, such as in-house evaluations, as Level 3 valuations in the fair value hierarchy. (In Thousands) Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) December 31, 2023 Loans individually measured for credit losses $— $— $— $— Other real estate owned — — — — Total $— $— $— $— December 31, 2022 Loans individually measured for credit losses $— $— $— $— Other real estate owned — — — — Total $— $— $— $— The following table presents the (gains) losses resulting from nonrecurring fair value adjustments for the periods ended December 31, 2023, 2022 and 2021, respectively: (In Thousands) 2023 2022 2021 Loans individually measured for credit losses $— $— ($13) Other real estate owned 123 — — Total (income) loss from nonrecurring measurements $123 $— ($13)
Schedule of Valuation Assumptions	The following table provides a description of the valuation technique, unobservable input, and qualitative information about the unobservable inputs for the Company’s assets and liabilities classified as Level 3 and measured at fair value on a recurring and nonrecurring basis at December 31, 2023 and 2022: Financial Instrument Valuation Technique - Recurring Basis Unobservable Input Weighted Average or Rate Range December 31, 2023 Interest rate lock commitment External pricing model Pull through rate 89.84 % Mortgage servicing rights Discounted cash flow Constant prepayment rate 6.13% - 25.33% Discount rate 9.50% - 11.00% Commercial servicing rights Discounted cash flow Constant prepayment rate 3.99% - 18.90% Discount rate 9.50 % December 31, 2022 Interest rate lock commitment External pricing model Pull through rate 93.18 % Mortgage servicing rights Discounted cash flow Constant prepayment rate 6.62% - 7.43% Discount rate 11.25% Commercial servicing rights Discounted cash flow Constant prepayment rate 4.19% - 22.87% Discount rate 12.00 %

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2023
Segment Reporting [Abstract]
Schedule of Segment Information	Summarized financial information for the Company's reportable segments and the reconciliation to the consolidated financial results is shown in the following tables: December 31, 2023 (In Thousands) Community Banking Home Mortgage Lending Consolidated Interest income $122,258 $9,693 $131,951 Interest expense 26,300 2,395 28,695 Net interest income 95,958 7,298 103,256 Provision for credit losses 3,842 — 3,842 Other operating income 13,612 12,763 26,375 Other operating expense 70,684 23,497 94,181 Income (loss) before provision for income taxes 35,044 (3,436) 31,608 Provision for income taxes 7,157 (943) 6,214 Net income (loss) $27,887 ($2,493) $25,394 Total assets $2,539,791 $267,706 $2,807,497 Loans held for sale $— $31,974 $31,974 December 31, 2022 (In Thousands) Community Banking Home Mortgage Lending Consolidated Interest income $98,078 $2,250 $100,328 Interest expense 5,156 57 5,213 Net interest income 92,922 2,193 95,115 Provision for credit losses 1,846 — 1,846 Other operating income 12,505 21,572 34,077 Other operating expense 63,902 24,950 88,852 Income (loss) before provision for income taxes 39,679 (1,185) 38,494 Provision for income taxes 8,041 (288) 7,753 Net income (loss) $31,638 ($897) $30,741 Total assets $2,543,086 $131,232 $2,674,318 Loans held for sale $— $27,538 $27,538 December 31, 2021 (In Thousands) Community Banking Home Mortgage Lending Consolidated Interest income $81,703 $2,903 $84,606 Interest expense 3,623 156 3,779 Net interest income 78,080 2,747 80,827 Benefit for credit losses (4,099) — (4,099) Other operating income 10,119 42,144 52,263 Other operating expense 58,647 30,549 89,196 Income before provision for income taxes 33,651 14,342 47,993 Provision for income taxes 6,468 4,008 10,476 Net income $27,183 $10,334 $37,517 Total assets $2,596,190 $128,529 $2,724,719 Loans held for sale $— $73,650 $73,650

Parent Company Information (Tab

Parent Company Information (Tables)	12 Months Ended
	Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract]
Balance Sheets	Balance Sheets at December 31, 2023 2022 (In Thousands) Assets Cash and cash equivalents $19,055 $30,883 Marketable equity securities 13,153 10,740 Investment in Northrim Bank 208,435 184,148 Investment in NISC 1,167 1,245 Investment in NST2 310 310 Taxes receivable, net 1,212 463 Other assets 2,152 1,435 Total Assets $245,484 $229,224 Liabilities Junior subordinated debentures $10,310 $10,310 Other liabilities 456 285 Total Liabilities 10,766 10,595 Shareholders' Equity Common stock 5,513 5,701 Additional paid-in capital 9,605 17,784 Retained earnings 236,037 224,225 Accumulated other comprehensive (loss) income (16,437) (29,081) Total Shareholders' Equity 234,718 218,629 Total Liabilities and Shareholders' Equity $245,484 $229,224
Statements of Income	Statements of Income for Years Ended: 2023 2022 2021 (In Thousands) Income Interest income $1,258 $698 $551 Equity in undistributed earnings from Northrim Bank 26,871 32,853 38,625 Equity in undistributed earnings from NISC (22) 120 66 Gain on sale of marketable equity securities, net — — 67 Unrealized gain (loss) on marketable equity securities 120 (1,119) (101) Other income — — 151 Total Income $28,227 $32,552 $39,359 Expense Interest expense 400 389 382 Administrative and other expenses 3,357 2,830 2,754 Total Expense 3,757 3,219 3,136 Income Before Benefit from Income Taxes 24,470 29,333 36,223 Benefit from income taxes (924) (1,408) (1,294) Net Income $25,394 $30,741 $37,517
Statements of Cash Flows	Statements of Cash Flows for Years Ended: 2023 2022 2021 (In Thousands) Operating Activities: Net income $25,394 $30,741 $37,517 Adjustments to Reconcile Net Income to Net Cash: Gain on sale of securities, net — — (67) Equity in undistributed earnings from subsidiaries (26,892) (32,732) (38,691) Change in fair value marketable equity securities (120) 1,119 101 Stock-based compensation 937 742 1,073 Changes in other assets and liabilities (1,380) (1,268) (2,167) Net Cash Used from Operating Activities (2,061) (1,398) (2,234) Investing Activities: Purchases of marketable equity securities (2,297) (3,934) (493) Proceeds from sales/calls/maturities of marketable equity securities — 488 1,016 Investment in Northrim Bank, NISC & NST2 14,628 24,323 31,894 Net Cash Provided by Investing Activities 12,331 20,877 32,417 Financing Activities: Dividends paid to shareholders (13,609) (10,571) (9,388) Proceeds from issuance of common stock 555 586 1,543 Repurchase of common stock (9,044) (14,157) (11,534) Net Cash Used from Financing Activities (22,098) (24,142) (19,379) Net change in Cash and Cash Equivalents (11,828) (4,663) 10,804 Cash and Cash Equivalents at beginning of year 30,883 35,546 24,742 Cash and Cash Equivalents at end of year $19,055 $30,883 $35,546

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) segment trust large_borrower shares	Dec. 31, 2022 USD ($) shares	Dec. 31, 2021 USD ($)
Accounting Policy [Line Items]
Number of wholly-owned trusts | trust	1
Number of operating business lines | segment	2
Maturity period of securities at acquisition	90 days
Advertising, promotion and marketing expenses	$ 2,929	$ 2,747	$ 2,741
Anti-dilutive shares (in shares) | shares	0	0
Commercial and construction loans	$ 590,700	$ 501,300
Large borrowing relationships | large_borrower	50
Unfunded commitments to large borrowers	$ 261,200
Customer Concentration Risk | Financing Receivable | 32 Large Borrowing Relationships
Accounting Policy [Line Items]
Concentration risk, percent	39%
Buildings
Accounting Policy [Line Items]
Useful Life	39 years
Minimum
Accounting Policy [Line Items]
Renewal terms	1 year
Minimum | Furniture and equipment
Accounting Policy [Line Items]
Useful Life	3 years
Minimum | Leasehold improvements
Accounting Policy [Line Items]
Useful Life	2 years
Maximum
Accounting Policy [Line Items]
Renewal terms	10 years
Maximum | Furniture and equipment
Accounting Policy [Line Items]
Useful Life	7 years
Maximum | Leasehold improvements
Accounting Policy [Line Items]
Useful Life	15 years
Pacific Wealth Advisors Llc
Accounting Policy [Line Items]
Equity interest percentage (as a percent)	22%
HomeState Mortgage LLC
Accounting Policy [Line Items]
Equity interest percentage (as a percent)	30%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Calculation Of Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounting Standards Update and Change in Accounting Principle [Abstract]
Net income	$ 25,394	$ 30,741	$ 37,517
Basic weighted average common shares outstanding (in shares)	5,601,471	5,765,088	6,180,801
Dilutive effect of potential common shares from awards granted under equity incentive program (in shares)	60,000	64,000	68,000
Total (in shares)	5,661,460	5,829,412	6,249,313
Earnings per common share
Basic (in USD per share)	$ 4.53	$ 5.33	$ 6.07
Diluted (in USD per share)	$ 4.49	$ 5.27	$ 6

Cash and Due from Banks (Detail

Cash and Due from Banks (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Cash and Due from Banks [Abstract]
Required balance	$ 300,000	$ 300,000
Compensating balance, initial margin on interest rate swap	100,000	100,000
Compensating balance, fair value exposure on interest rate swap	$ 30,000	$ 30,000

Interest Bearing Deposits in _3

Interest Bearing Deposits in Other Banks (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Interest Bearing Deposits In Other Banks [Abstract]
Maximum maturity period	1 year
Interest bearing deposits at Federal Reserve Bank	$ 90,922	$ 231,186
Interest bearing deposits at FHLB	21	287
Other interest bearing deposits at other institutions	130	130
Total	$ 91,073	$ 231,603

Investment Securities - Narrati

Investment Securities - Narrative (Details) $ in Thousands	Dec. 31, 2023 USD ($) security	Dec. 31, 2022 USD ($) security
Investments, Debt and Equity Securities [Abstract]
Marketable equity securities | $	$ 13,153	$ 10,740
Number of available-for-sale securities in an unrealized loss position without an ACL for less than twelve months	2	38
Number of available-for-sale securities in an unrealized loss position without an ACL for more than twelve months	72	47
Number of held to maturity securities in unrealized loss position without an allowance for credit losses	0	3
Number of held to maturity securities in unrealized loss positions for more than twelve months	5	2
Securities pledged for deposits and borrowings | $	$ 180,100	$ 59,300

Investment Securities - Gross R

Investment Securities - Gross Realized and Unrealized Gains (Losses) on Marketable Equity Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Unrealized gain (loss) on marketable equity securities	$ 120	$ (1,119)	$ (101)
Gain on sale of marketable equity securities, net	0	0	67
Total	$ 120	$ (1,119)	$ (34)

Investment Securities - Summary

Investment Securities - Summary of Debt Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 662,268	$ 719,117
Gross Unrealized Gains	491	38
Gross Unrealized Losses	(24,823)	(42,126)
Allowance for Credit Losses	0	0
Fair Value	637,936	677,029
Schedule of Held-to-maturity Securities [Line Items]
Allowance for credit losses	0	0
Total securities held to maturity, net of ACL	36,750	36,750
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(3,337)	(4,111)
Debt Securities, Held-to-Maturity, Fair Value	33,413	32,639
U.S. Treasury and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	587,639	634,582
Gross Unrealized Gains	451	1
Gross Unrealized Losses	(23,965)	(39,422)
Allowance for Credit Losses	0	0
Fair Value	564,125	595,161
Municipal securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	820	820
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(4)	(25)
Allowance for Credit Losses	0	0
Fair Value	816	795
Corporate bonds
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	14,014	24,281
Gross Unrealized Gains	28	37
Gross Unrealized Losses	(418)	(674)
Allowance for Credit Losses	0	0
Fair Value	13,624	23,644
Schedule of Held-to-maturity Securities [Line Items]
Corporate bonds	36,750	36,750
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(3,337)	(4,111)
Debt Securities, Held-to-Maturity, Fair Value	33,413	32,639
Collateralized loan obligations
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	59,795	59,434
Gross Unrealized Gains	12	0
Gross Unrealized Losses	(436)	(2,005)
Allowance for Credit Losses	0	0
Fair Value	$ 59,371	$ 57,429

Investment Securities - Schedul

Investment Securities - Schedule of Gross Unrealized Losses on Investment Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	$ 13,906	$ 318,639
Less than 12 months, unrealized losses	(94)	(9,576)
More than 12 months, fair value	579,138	342,354
More than 12 months, unrealized losses	(24,729)	(32,550)
Total, fair value	593,044	660,993
Total, unrealized losses	(24,823)	(42,126)
U.S. Treasury and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	9,997	282,319
Less than 12 months, unrealized losses	(3)	(8,876)
More than 12 months, fair value	528,574	302,840
More than 12 months, unrealized losses	(23,962)	(30,546)
Total, fair value	538,571	585,159
Total, unrealized losses	(23,965)	(39,422)
Corporate bonds
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	0	13,216
Less than 12 months, unrealized losses	0	(43)
More than 12 months, fair value	6,599	4,394
More than 12 months, unrealized losses	(418)	(631)
Total, fair value	6,599	17,610
Total, unrealized losses	(418)	(674)
Municipal securities
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	0	795
Less than 12 months, unrealized losses	0	(25)
More than 12 months, fair value	816	0
More than 12 months, unrealized losses	(4)	0
Total, fair value	816	795
Total, unrealized losses	(4)	(25)
Collateralized loan obligations
Debt Securities, Available-for-sale [Line Items]
Less than 12 months, fair value	3,909	22,309
Less than 12 months, unrealized losses	(91)	(632)
More than 12 months, fair value	43,149	35,120
More than 12 months, unrealized losses	(345)	(1,373)
Total, fair value	47,058	57,429
Total, unrealized losses	$ (436)	$ (2,005)

Investment Securities - Sched_2

Investment Securities - Schedule of Amortized Cost and Fair Value by Contractual Maturity of Debt Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Amortized Cost
Amortized Cost	$ 662,268	$ 719,117
Fair Value
Fair Value	637,936	677,029
U.S. Treasury and government sponsored entities
Amortized Cost
Within 1 year	163,987
1-5 years	423,652
Amortized Cost	587,639	634,582
Fair Value
Within 1 year	160,054
1-5 years	404,071
Fair Value	$ 564,125	595,161
Weighted Average Yield
Within 1 year	1.14%
1-5 years	2.05%
Weighted Average Yield	1.79%
Corporate bonds
Amortized Cost
Within 1 year	$ 2,000
1-5 years	22,014
5-10 years	26,750
Amortized Cost	14,014	24,281
Amortized Cost	50,764
Fair Value
Within 1 year	1,997
1-5 years	21,264
5-10 years	23,776
Fair Value	13,624	23,644
Fair Value	$ 47,037
Weighted Average Yield
Within 1 year	3.59%
1-5 years	4.95%
5-10 years	5.01%
Weighted Average Yield	4.93%
Collateralized loan obligations
Amortized Cost
5-10 years	$ 34,301
Over 10 years	25,494
Amortized Cost	59,795	59,434
Fair Value
5-10 years	34,102
Over 10 years	25,269
Fair Value	$ 59,371	57,429
Weighted Average Yield
5-10 years	6.83%
Over 10 years	7.07%
Weighted Average Yield	6.94%
Municipal securities
Amortized Cost
Within 1 year	$ 820
Amortized Cost	820	820
Fair Value
Within 1 year	816
Fair Value	$ 816	$ 795
Weighted Average Yield
Within 1 year	2.12%
Weighted Average Yield	2.12%

Investment Securities - Sched_3

Investment Securities - Schedule Of Proceeds, Gains, And Losses for Investment Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]
Proceeds	$ 0	$ 0	$ 0
Gross Gains	0	0	0
Gross Losses	$ 0	$ 0	$ 0

Investment Securities - Summa_2

Investment Securities - Summary of Interest Income On Investment Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Total taxable interest income	$ 15,815	$ 9,661	$ 3,321
Total tax-exempt interest income	18	18	18
Total	15,833	9,679	3,339
U.S. Treasury and government sponsored entities
Debt Securities, Available-for-sale [Line Items]
Total taxable interest income	11,074	7,030	2,203
Other
Debt Securities, Available-for-sale [Line Items]
Total taxable interest income	4,741	2,631	1,118
Municipal securities
Debt Securities, Available-for-sale [Line Items]
Total tax-exempt interest income	$ 18	$ 18	$ 18

Loans and Allowance for Credi_3

Loans and Allowance for Credit Losses - Amortized Cost and Unpaid Principal of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, amortized cost	$ 1,789,497	$ 1,501,785
Allowance for credit losses, loans	(17,270)	(13,838)	$ (11,739)
Unpaid Principal	1,798,053	1,510,395
Difference	(8,556)	(8,610)
Term Modification
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, modified after twelve months	2,148
Term and payment modifications
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, modified after twelve months	837
Commercial & industrial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, amortized cost	411,387	358,128
Allowance for credit losses, loans	(3,438)	(2,914)	(3,027)
Unpaid Principal	413,293	359,900
Difference	(1,906)	(1,772)
Commercial & industrial loans | Term Modification
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, modified after twelve months	956
Commercial & industrial loans | Term and payment modifications
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, modified after twelve months	0
Commercial real estate | Owner occupied properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, amortized cost	366,741	349,973
Allowance for credit losses, loans	(2,867)	(3,094)	(3,176)
Unpaid Principal	368,357	351,580
Difference	(1,616)	(1,607)
Commercial real estate | Owner occupied properties | Term Modification
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, modified after twelve months	0
Commercial real estate | Owner occupied properties | Term and payment modifications
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, modified after twelve months	260
Commercial real estate | Non-owner occupied and multifamily properties
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, amortized cost	515,528	482,270
Allowance for credit losses, loans	(3,294)	(3,615)	(2,930)
Unpaid Principal	519,115	486,021
Difference	(3,587)	(3,751)
Residential real estate | 1-4 family residential properties secured by first liens
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, amortized cost	203,738	73,381
Allowance for credit losses, loans	(3,470)	(1,413)	(439)
Unpaid Principal	203,534	73,674
Difference	204	(293)
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, amortized cost	33,996	20,259
Allowance for credit losses, loans	(551)	(389)	(215)
Unpaid Principal	33,783	20,103
Difference	213	156
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Term Modification
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, modified after twelve months	115
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Term and payment modifications
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, modified after twelve months	0
Residential real estate | 1-4 family residential construction loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, amortized cost	30,976	44,000
Allowance for credit losses, loans	(191)	(312)	(120)
Unpaid Principal	31,239	44,314
Difference	(263)	(314)
Residential real estate | 1-4 family residential construction loans | Term Modification
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, modified after twelve months	109
Residential real estate | 1-4 family residential construction loans | Term and payment modifications
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, modified after twelve months	0
Other construction, land development and raw land loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, amortized cost	148,373	99,182
Allowance for credit losses, loans	(3,127)	(1,803)	(1,635)
Unpaid Principal	149,788	100,075
Difference	(1,415)	(893)
Other construction, land development and raw land loans | Term Modification
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, modified after twelve months	968
Other construction, land development and raw land loans | Term and payment modifications
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, modified after twelve months	577
Obligations of states and political subdivisions in the US
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, amortized cost	30,407	32,539
Allowance for credit losses, loans	(80)	(79)	(32)
Unpaid Principal	30,409	32,540
Difference	(2)	(1)
Agricultural production, including commercial fishing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, amortized cost	41,007	34,099
Allowance for credit losses, loans	(168)	(145)	(91)
Unpaid Principal	41,237	34,263
Difference	(230)	(164)
Consumer loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, amortized cost	6,241	4,335
Allowance for credit losses, loans	(81)	(68)	(67)
Unpaid Principal	6,180	4,293
Difference	61	42
Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans, amortized cost	1,103	3,619
Allowance for credit losses, loans	(3)	(6)	$ (7)
Unpaid Principal	1,118	3,632
Difference	$ (15)	$ (13)

Loans and Allowance for Credi_4

Loans and Allowance for Credit Losses - Narrative (Details)	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, unamortized loan fee	$ 8,600,000	$ 8,600,000
Accrued interest on loans	$ 7,400,000	$ 5,500,000
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
PPP loans	$ 1,772,227,000	$ 1,487,947,000
Loans secured by real estate (as a percent)	72%
Loans unsecured (as a percent)	4%
Loans secured for general commercial uses (as a percent)	24%
Allowance for credit losses	$ 17,270,000	$ 13,838,000	$ 11,739,000
Percentage of portfolio loans (as a percent)	0.0097	0.0092
Percentage of portfolio loans, net of government guarantees (as a percent)	0.0102	0.0099
Nonaccrual loans	$ 6,069,000	$ 7,076,000
Interest income which would have been earned on nonaccrual loans	499,000	434,000	744,000
Interest on nonaccrual loans reversed through interest income	8,000	10,000
Interest earned on nonaccrual loans	656,000	2,200,000	1,600,000
Unfunded loan commitments	120,000	110,000
Loans	1,789,497,000	1,501,785,000
Modified outstanding commitments	0
Asset Pledged as Collateral without Right
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0	44,300,000
Net of government guarantees
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	5,002,000	6,430,000
Commercial & industrial loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses	3,438,000	2,914,000	$ 3,027,000
Nonaccrual loans	3,655,000	3,294,000
Loans	411,387,000	358,128,000
Commercial & industrial loans | PPP Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
PPP loans	$ 2,800,000	$ 7,100,000

Loans and Allowance for Credi_5

Loans and Allowance for Credit Losses - Activity in ACL Related to Loans Held for Investment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning Balance	$ 13,838	$ 11,739
Credit Loss Expense (Benefit)	3,394	972
Charge-offs	(435)	(509)
Recoveries	473	1,636
Ending Balance	17,270	13,838
Commercial & industrial loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning Balance	2,914	3,027
Credit Loss Expense (Benefit)	415	(1,124)
Charge-offs	(337)	(506)
Recoveries	446	1,517
Ending Balance	3,438	2,914
Commercial real estate | Owner occupied properties
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning Balance	3,094	3,176
Credit Loss Expense (Benefit)	(227)	(137)
Charge-offs	0	0
Recoveries	0	55
Ending Balance	2,867	3,094
Commercial real estate | Non-owner occupied and multifamily properties
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning Balance	3,615	2,930
Credit Loss Expense (Benefit)	(321)	685
Charge-offs	0	0
Recoveries	0	0
Ending Balance	3,294	3,615
Residential real estate | 1-4 family residential properties secured by first liens
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning Balance	1,413	439
Credit Loss Expense (Benefit)	2,129	969
Charge-offs	(72)	0
Recoveries	0	5
Ending Balance	3,470	1,413
Residential real estate | 1-4 family residential construction loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning Balance	312	120
Credit Loss Expense (Benefit)	(121)	192
Charge-offs	0	0
Recoveries	0	0
Ending Balance	191	312
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning Balance	389	215
Credit Loss Expense (Benefit)	139	134
Charge-offs	0	0
Recoveries	23	40
Ending Balance	551	389
Other construction, land development and raw land loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning Balance	1,803	1,635
Credit Loss Expense (Benefit)	1,324	168
Charge-offs	0	0
Recoveries	0	0
Ending Balance	3,127	1,803
Obligations of states and political subdivisions in the US
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning Balance	79	32
Credit Loss Expense (Benefit)	1	47
Charge-offs	0	0
Recoveries	0	0
Ending Balance	80	79
Agricultural production, including commercial fishing
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning Balance	145	91
Credit Loss Expense (Benefit)	23	39
Charge-offs	0	0
Recoveries	0	15
Ending Balance	168	145
Consumer loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning Balance	68	67
Credit Loss Expense (Benefit)	35	0
Charge-offs	(26)	(3)
Recoveries	4	4
Ending Balance	81	68
Other loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Beginning Balance	6	7
Credit Loss Expense (Benefit)	(3)	(1)
Charge-offs	0	0
Recoveries	0	0
Ending Balance	$ 3	$ 6

Loans and Allowance for Credi_6

Loans and Allowance for Credit Losses - Portfolio of Risk-rated Loans by Grade and by Year of Origination (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	$ 429,289	$ 488,572
2022/2021	468,697	317,745
2021/2020	285,900	220,319
2020/2019	194,083	117,187
2019/2018	105,717	51,825
Prior	305,811	306,137
Loans, total	1,789,497	1,501,785
Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	425,745	488,435
2022/2021	448,732	312,866
2021/2020	268,936	218,661
2020/2019	185,936	116,822
2019/2018	105,661	48,233
Prior	290,423	289,603
Loans, total	1,725,433	1,474,620
Pass | Government guarantees
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	2,792	25,172
2022/2021	8,409	36,531
2021/2020	19,305	9,751
2020/2019	2,295	12,885
2019/2018	12,133	2,964
Prior	7,696	5,314
Loans, total	52,630	92,617
Pass | Net of government guarantees
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	422,953	463,263
2022/2021	440,323	276,335
2021/2020	249,631	208,910
2020/2019	183,641	103,937
2019/2018	93,528	45,269
Prior	282,727	284,289
Loans, total	1,672,803	1,382,003
Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	3,544	137
2022/2021	19,965	4,879
2021/2020	16,964	1,658
2020/2019	8,147	365
2019/2018	56	3,592
Prior	15,388	16,534
Loans, total	64,064	27,165
Classified | Government guarantees
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	0	0
2022/2021	16,805	4,396
2021/2020	15,268	1,135
2020/2019	7,043	0
2019/2018	0	0
Prior	11,311	9,293
Loans, total	50,427	14,824
Classified | Net of government guarantees
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	3,544	137
2022/2021	3,160	483
2021/2020	1,696	523
2020/2019	1,104	365
2019/2018	56	3,592
Prior	4,077	7,241
Loans, total	13,637	12,341
Commercial & industrial loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	100,696	157,692
2022/2021	142,664	91,422
2021/2020	75,672	37,544
2020/2019	31,209	17,972
2019/2018	14,046	12,581
Prior	47,100	40,917
Loans, total	411,387	358,128
Commercial & industrial loans | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	97,377	157,555
2022/2021	123,874	86,543
2021/2020	58,708	37,147
2020/2019	24,177	17,881
2019/2018	13,990	9,844
Prior	44,674	40,571
Loans, total	362,800	349,541
Commercial & industrial loans | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	3,319	137
2022/2021	18,790	4,879
2021/2020	16,964	397
2020/2019	7,032	91
2019/2018	56	2,737
Prior	2,426	346
Loans, total	48,587	8,587
Commercial real estate | Owner occupied properties
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	40,745	66,955
2022/2021	70,925	70,777
2021/2020	69,316	91,757
2020/2019	83,454	32,564
2019/2018	28,588	13,398
Prior	73,713	74,522
Loans, total	366,741	349,973
Commercial real estate | Owner occupied properties | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	40,745	66,955
2022/2021	70,925	70,777
2021/2020	69,316	90,496
2020/2019	82,339	32,564
2019/2018	28,588	13,233
Prior	71,930	69,701
Loans, total	363,843	343,726
Commercial real estate | Owner occupied properties | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	0	0
2022/2021	0	0
2021/2020	0	1,261
2020/2019	1,115	0
2019/2018		165
Prior	1,783	4,821
Loans, total	2,898	6,247
Commercial real estate | Non-owner occupied and multifamily properties
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	59,990	94,412
2022/2021	96,532	82,352
2021/2020	83,277	71,407
2020/2019	67,037	58,307
2019/2018	56,192	16,908
Prior	152,500	158,884
Loans, total	515,528	482,270
Commercial real estate | Non-owner occupied and multifamily properties | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	59,990	94,412
2022/2021	96,532	82,352
2021/2020	83,277	71,407
2020/2019	67,037	58,033
2019/2018	56,192	16,905
Prior	143,619	149,223
Loans, total	506,647	472,332
Commercial real estate | Non-owner occupied and multifamily properties | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	0	0
2022/2021	0	0
2021/2020	0	0
2020/2019	0	274
2019/2018	0	3
Prior	8,881	9,661
Loans, total	8,881	9,938
Residential real estate | 1-4 family residential properties secured by first liens
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	140,053	52,117
2022/2021	47,775	5,088
2021/2020	4,119	6,001
2020/2019	4,070	2,535
2019/2018	2,240	541
Prior	5,481	7,099
Loans, total	203,738	73,381
Residential real estate | 1-4 family residential properties secured by first liens | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	139,829	52,117
2022/2021	47,775	5,088
2021/2020	4,119	6,001
2020/2019	4,070	2,535
2019/2018	2,240	462
Prior	5,388	6,968
Loans, total	203,421	73,171
Residential real estate | 1-4 family residential properties secured by first liens | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	224	0
2022/2021		0
2021/2020	0	0
2020/2019	0	0
2019/2018	0	79
Prior	93	131
Loans, total	317	210
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	16,145	6,992
2022/2021	5,417	3,376
2021/2020	3,331	2,041
2020/2019	1,906	2,763
2019/2018	2,277	3,020
Prior	4,920	2,067
Loans, total	33,996	20,259
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	16,145	6,992
2022/2021	5,417	3,376
2021/2020	3,331	2,041
2020/2019	1,906	2,763
2019/2018	2,277	2,781
Prior	4,581	2,060
Loans, total	33,657	20,013
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	0	0
2022/2021	0	0
2021/2020	0	0
2020/2019	0	0
2019/2018	0	239
Prior	339	7
Loans, total	339	246
Residential real estate | 1-4 family residential construction loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	16,845	26,860
2022/2021	4,469	3,897
2021/2020	0	61
2020/2019	0	0
2019/2018	0	0
Prior	9,662	13,182
Loans, total	30,976	44,000
Residential real estate | 1-4 family residential construction loans | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	16,845	26,860
2022/2021	4,469	3,897
2021/2020	0	61
2020/2019	0	0
2019/2018	0	0
Prior	9,553	13,073
Loans, total	30,867	43,891
Residential real estate | 1-4 family residential construction loans | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	0	0
2022/2021	0	0
2021/2020	0	0
2020/2019	0	0
2019/2018	0	0
Prior	109	109
Loans, total	109	109
Other construction, land development and raw land loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	42,615	38,673
2022/2021	59,889	42,448
2021/2020	32,780	5,740
2020/2019	1,982	1,713
2019/2018	1,454	4,044
Prior	9,653	6,564
Loans, total	148,373	99,182
Other construction, land development and raw land loans | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	42,615	38,673
2022/2021	58,714	42,448
2021/2020	32,780	5,740
2020/2019	1,982	1,713
2019/2018	1,454	3,675
Prior	7,896	5,112
Loans, total	145,441	97,361
Other construction, land development and raw land loans | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	0	0
2022/2021	1,175	0
2021/2020	0	0
2020/2019	0	0
2019/2018	0	369
Prior	1,757	1,452
Loans, total	2,932	1,821
Obligations of states and political subdivisions in the US
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	0	32,319
2022/2021	30,317	0
2021/2020	0	0
2020/2019	0	0
2019/2018	0	219
Prior	90	1
Loans, total	30,407	32,539
Obligations of states and political subdivisions in the US | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	0	32,319
2022/2021	30,317	0
2021/2020	0	0
2020/2019	0	0
2019/2018	0	219
Prior	90	1
Loans, total	30,407	32,539
Obligations of states and political subdivisions in the US | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	0	0
2022/2021	0	0
2021/2020	0	0
2020/2019	0	0
2019/2018	0	0
Prior	0	0
Loans, total	0	0
Agricultural production, including commercial fishing
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	8,643	9,748
2022/2021	9,649	17,692
2021/2020	17,061	3,740
2020/2019	3,465	604
2019/2018	524	879
Prior	1,665	1,436
Loans, total	41,007	34,099
Agricultural production, including commercial fishing | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	8,643	9,748
2022/2021	9,649	17,692
2021/2020	17,061	3,740
2020/2019	3,465	604
2019/2018	524	879
Prior	1,665	1,436
Loans, total	41,007	34,099
Agricultural production, including commercial fishing | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	0	0
2022/2021	0	0
2021/2020	0	0
2020/2019	0	0
2019/2018	0	0
Prior	0	0
Loans, total	0	0
Consumer loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	3,397	1,513
2022/2021	983	363
2021/2020	209	481
2020/2019	368	345
2019/2018	258	235
Prior	1,026	1,398
Loans, total	6,241	4,335
Consumer loans | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	3,396	1,513
2022/2021	983	363
2021/2020	209	481
2020/2019	368	345
2019/2018	258	235
Prior	1,026	1,391
Loans, total	6,240	4,328
Consumer loans | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	1	0
2022/2021	0	0
2021/2020	0	0
2020/2019	0	0
2019/2018	0	0
Prior	0	7
Loans, total	1	7
Other loans
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	160	1,291
2022/2021	77	330
2021/2020	135	1,547
2020/2019	592	384
2019/2018	138	0
Prior	1	67
Loans, total	1,103	3,619
Other loans | Pass
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	160	1,291
2022/2021	77	330
2021/2020	135	1,547
2020/2019	592	384
2019/2018	138	0
Prior	1	67
Loans, total	1,103	3,619
Other loans | Classified
Financing Receivable, Credit Quality Indicator [Line Items]
2023/2022	0	0
2022/2021	0	0
2021/2020	0	0
2020/2019	0	0
2019/2018	0	0
Prior	0	0
Loans, total	$ 0	$ 0

Loans and Allowance for Credi_7

Loans and Allowance for Credit Losses - Aging of Contractually Past Due Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Past Due [Line Items]
Loans	$ 1,789,497	$ 1,501,785
Greater Than 90 Days Past Due Still Accruing	0	0
Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	4,550	3,876
30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	855	215
60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	149	680
Greater Than 90 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	3,546	2,981
Current
Financing Receivable, Past Due [Line Items]
Loans	1,784,947	1,497,909
Commercial & industrial loans
Financing Receivable, Past Due [Line Items]
Loans	411,387	358,128
Greater Than 90 Days Past Due Still Accruing	0	0
Commercial & industrial loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	1,727	614
Commercial & industrial loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	326	37
Commercial & industrial loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	148	521
Commercial & industrial loans | Greater Than 90 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	1,253	56
Commercial & industrial loans | Current
Financing Receivable, Past Due [Line Items]
Loans	409,660	357,514
Commercial real estate | Owner occupied properties
Financing Receivable, Past Due [Line Items]
Loans	366,741	349,973
Greater Than 90 Days Past Due Still Accruing	0	0
Commercial real estate | Owner occupied properties | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	260	798
Commercial real estate | Owner occupied properties | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Commercial real estate | Owner occupied properties | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Commercial real estate | Owner occupied properties | Greater Than 90 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	260	798
Commercial real estate | Owner occupied properties | Current
Financing Receivable, Past Due [Line Items]
Loans	366,481	349,175
Commercial real estate | Non-owner occupied and multifamily properties
Financing Receivable, Past Due [Line Items]
Loans	515,528	482,270
Greater Than 90 Days Past Due Still Accruing	0	0
Commercial real estate | Non-owner occupied and multifamily properties | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	274
Commercial real estate | Non-owner occupied and multifamily properties | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Commercial real estate | Non-owner occupied and multifamily properties | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Commercial real estate | Non-owner occupied and multifamily properties | Greater Than 90 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	274
Commercial real estate | Non-owner occupied and multifamily properties | Current
Financing Receivable, Past Due [Line Items]
Loans	515,528	481,996
Residential real estate | 1-4 family residential properties secured by first liens
Financing Receivable, Past Due [Line Items]
Loans	203,738	73,381
Greater Than 90 Days Past Due Still Accruing	0	0
Residential real estate | 1-4 family residential properties secured by first liens | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	682	211
Residential real estate | 1-4 family residential properties secured by first liens | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	458	60
Residential real estate | 1-4 family residential properties secured by first liens | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	79
Residential real estate | 1-4 family residential properties secured by first liens | Greater Than 90 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	224	72
Residential real estate | 1-4 family residential properties secured by first liens | Current
Financing Receivable, Past Due [Line Items]
Loans	203,056	73,170
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens
Financing Receivable, Past Due [Line Items]
Loans	33,996	20,259
Greater Than 90 Days Past Due Still Accruing	0	0
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	208	239
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	53	112
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Greater Than 90 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	155	127
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Current
Financing Receivable, Past Due [Line Items]
Loans	33,788	20,020
Residential real estate | 1-4 family residential construction loans
Financing Receivable, Past Due [Line Items]
Loans	30,976	44,000
Greater Than 90 Days Past Due Still Accruing	0	0
Residential real estate | 1-4 family residential construction loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	109	109
Residential real estate | 1-4 family residential construction loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Residential real estate | 1-4 family residential construction loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Residential real estate | 1-4 family residential construction loans | Greater Than 90 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	109	109
Residential real estate | 1-4 family residential construction loans | Current
Financing Receivable, Past Due [Line Items]
Loans	30,867	43,891
Other construction, land development and raw land loans
Financing Receivable, Past Due [Line Items]
Loans	148,373	99,182
Greater Than 90 Days Past Due Still Accruing	0	0
Other construction, land development and raw land loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	1,545	1,545
Other construction, land development and raw land loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Other construction, land development and raw land loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Other construction, land development and raw land loans | Greater Than 90 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	1,545	1,545
Other construction, land development and raw land loans | Current
Financing Receivable, Past Due [Line Items]
Loans	146,828	97,637
Obligations of states and political subdivisions in the US
Financing Receivable, Past Due [Line Items]
Loans	30,407	32,539
Greater Than 90 Days Past Due Still Accruing	0	0
Obligations of states and political subdivisions in the US | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Obligations of states and political subdivisions in the US | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Obligations of states and political subdivisions in the US | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Obligations of states and political subdivisions in the US | Greater Than 90 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Obligations of states and political subdivisions in the US | Current
Financing Receivable, Past Due [Line Items]
Loans	30,407	32,539
Agricultural production, including commercial fishing
Financing Receivable, Past Due [Line Items]
Loans	41,007	34,099
Greater Than 90 Days Past Due Still Accruing	0	0
Agricultural production, including commercial fishing | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Agricultural production, including commercial fishing | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Agricultural production, including commercial fishing | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Agricultural production, including commercial fishing | Greater Than 90 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Agricultural production, including commercial fishing | Current
Financing Receivable, Past Due [Line Items]
Loans	41,007	34,099
Consumer loans
Financing Receivable, Past Due [Line Items]
Loans	6,241	4,335
Greater Than 90 Days Past Due Still Accruing	0	0
Consumer loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	19	86
Consumer loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	18	6
Consumer loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	1	80
Consumer loans | Greater Than 90 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Consumer loans | Current
Financing Receivable, Past Due [Line Items]
Loans	6,222	4,249
Other loans
Financing Receivable, Past Due [Line Items]
Loans	1,103	3,619
Greater Than 90 Days Past Due Still Accruing	0	0
Other loans | Total Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Other loans | 30-59 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Other loans | 60-89 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Other loans | Greater Than 90 Days Past Due
Financing Receivable, Past Due [Line Items]
Loans	0	0
Other loans | Current
Financing Receivable, Past Due [Line Items]
Loans	$ 1,103	$ 3,619

Loans and Allowance for Credi_8

Loans and Allowance for Credit Losses - Loans on Nonaccrual Status (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual	$ 6,069	$ 7,076
Nonaccrual With No ACL	5,965	7,014
Government guarantees
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual	1,067	646
Nonaccrual With No ACL	1,067	646
Net of government guarantees
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual	5,002	6,430
Nonaccrual With No ACL	4,898	6,368
Commercial & industrial loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual	3,655	3,294
Nonaccrual With No ACL	3,651	3,287
Commercial real estate | Owner occupied properties
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual	271	1,457
Nonaccrual With No ACL	260	1,457
Commercial real estate | Non-owner occupied and multifamily properties
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual	0	274
Nonaccrual With No ACL	0	274
Residential real estate | 1-4 family residential properties secured by first liens
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual	270	151
Nonaccrual With No ACL	224	144
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual	219	246
Nonaccrual With No ACL	176	198
Residential real estate | 1-4 family residential construction loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual	109	109
Nonaccrual With No ACL	109	109
Other construction, land development and raw land loans
Financing Receivable, Nonaccrual [Line Items]
Nonaccrual	1,545	1,545
Nonaccrual With No ACL	$ 1,545	$ 1,545

Loans and Allowance for Credi_9

Loans and Allowance for Credit Losses - Modifications (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 4,970
Percentage of class of financing receivables (as a percent)	0.28%
Term Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 2,148
Payment Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	1,985
Term and payment modifications
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	837
Commercial & industrial loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 2,941
Percentage of class of financing receivables (as a percent)	0.71%
Weighted-Average Interest Rate Reduction (as a percent)	0%
Weighted Average Term Extension (in months)	20 months
Commercial & industrial loans | Term Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 956
Commercial & industrial loans | Payment Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	1,985
Commercial & industrial loans | Term and payment modifications
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	0
Commercial & industrial loans | Principal Forgiveness
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	0
Commercial real estate | Owner occupied properties
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 260
Percentage of class of financing receivables (as a percent)	0.07%
Weighted-Average Interest Rate Reduction (as a percent)	0%
Weighted Average Term Extension (in months)	5 months
Commercial real estate | Owner occupied properties | Term Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 0
Commercial real estate | Owner occupied properties | Payment Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	0
Commercial real estate | Owner occupied properties | Term and payment modifications
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	260
Commercial real estate | Owner occupied properties | Principal Forgiveness
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	0
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 115
Percentage of class of financing receivables (as a percent)	0.34%
Weighted-Average Interest Rate Reduction (as a percent)	0%
Weighted Average Term Extension (in months)	5 months
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Term Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 115
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Payment Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	0
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Term and payment modifications
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	0
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Principal Forgiveness
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	0
Residential real estate | 1-4 family residential construction loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 109
Percentage of class of financing receivables (as a percent)	0.35%
Weighted-Average Interest Rate Reduction (as a percent)	0%
Weighted Average Term Extension (in months)	5 months
Residential real estate | 1-4 family residential construction loans | Term Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 109
Residential real estate | 1-4 family residential construction loans | Payment Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	0
Residential real estate | 1-4 family residential construction loans | Term and payment modifications
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	0
Residential real estate | 1-4 family residential construction loans | Principal Forgiveness
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	0
Other construction, land development and raw land loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 1,545
Percentage of class of financing receivables (as a percent)	1.04%
Weighted-Average Interest Rate Reduction (as a percent)	0%
Weighted Average Term Extension (in months)	5 months
Other construction, land development and raw land loans | Term Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 968
Other construction, land development and raw land loans | Payment Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	0
Other construction, land development and raw land loans | Term and payment modifications
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	577
Other construction, land development and raw land loans | Principal Forgiveness
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total modifications	$ 0

Loans and Allowance for Cred_10

Loans and Allowance for Credit Losses - Payment Performance Past Due (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	$ 2,985	$ 5,100
30-59 Days Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	0
60-89 Days Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	0
Greater Than 89 Days Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	2,985
Commercial & industrial loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	956
Commercial & industrial loans | 30-59 Days Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	0
Commercial & industrial loans | 60-89 Days Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	0
Commercial & industrial loans | Greater Than 89 Days Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	956
Commercial real estate | Owner occupied properties
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	260
Commercial real estate | 30-59 Days Past Due | Owner occupied properties
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	0
Commercial real estate | 60-89 Days Past Due | Owner occupied properties
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	0
Commercial real estate | Greater Than 89 Days Past Due | Owner occupied properties
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	260
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	115
Residential real estate | 1-4 family residential construction loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	109
Residential real estate | 30-59 Days Past Due | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	0
Residential real estate | 30-59 Days Past Due | 1-4 family residential construction loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	0
Residential real estate | 60-89 Days Past Due | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	0
Residential real estate | 60-89 Days Past Due | 1-4 family residential construction loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	0
Residential real estate | Greater Than 89 Days Past Due | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	115
Residential real estate | Greater Than 89 Days Past Due | 1-4 family residential construction loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	109
Other construction, land development and raw land loans
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	1,545
Other construction, land development and raw land loans | 30-59 Days Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	0
Other construction, land development and raw land loans | 60-89 Days Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	0
Other construction, land development and raw land loans | Greater Than 89 Days Past Due
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivable, modified	$ 1,545

Loans and Allowance for Cred_11

Loans and Allowance for Credit Losses - Amortized Cost Basis of Loans (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Term Modification
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivables, modified after twelve months	$ 2,148
Term and payment modifications
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivables, modified after twelve months	837
Commercial & industrial loans | Term Modification
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivables, modified after twelve months	956
Commercial & industrial loans | Term and payment modifications
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivables, modified after twelve months	0
Commercial real estate | Owner occupied properties | Term Modification
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivables, modified after twelve months	0
Commercial real estate | Owner occupied properties | Term and payment modifications
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivables, modified after twelve months	260
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Term Modification
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivables, modified after twelve months	115
Residential real estate | 1-4 family residential properties secured by junior liens and revolving secured by 1-4 family first liens | Term and payment modifications
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivables, modified after twelve months	0
Residential real estate | 1-4 family residential construction loans | Term Modification
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivables, modified after twelve months	109
Residential real estate | 1-4 family residential construction loans | Term and payment modifications
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivables, modified after twelve months	0
Other construction, land development and raw land loans | Term Modification
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivables, modified after twelve months	968
Other construction, land development and raw land loans | Term and payment modifications
Financing Receivable, Allowance for Credit Loss [Line Items]
Financing receivables, modified after twelve months	$ 577

Loans and Allowance for Cred_12

Loans and Allowance for Credit Losses - Loans to Related Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Loans and Leases Receivable, Related Parties [Roll Forward]
Balance, beginning of the year	$ 1,996	$ 191	$ 217
Loans made	521	1,886	0
Repayments	122	81	26
Balance, end of year	$ 2,395	$ 1,996	$ 191

Purchased Receivables - Narrati

Purchased Receivables - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) purchased_receivable	Dec. 31, 2022 USD ($) purchased_receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Maturity of purchased receivables (less than)	1 year
Number of purchased receivables past due | purchased_receivable	0	0
Number of non-performing purchased receivable | purchased_receivable	1	0
Purchased receivables, net	$ 36,842	$ 19,994
Purchased Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchased receivables, net	36,842	$ 19,994
Purchased Receivable | Nonperforming Financial Instruments
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchased receivables, net	$ 808

Purchased Receivables - Summary

Purchased Receivables - Summary Of Components Of Net Purchased Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 36,842	$ 19,994
Purchased Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Purchased receivables	36,842	19,994
Allowance for credit losses - purchased receivables	0	0	$ 0	$ (73)
Total	36,842	$ 19,994
Purchased Receivable | Nonperforming Financial Instruments
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 808

Purchased Receivables - Summa_2

Purchased Receivables - Summary of ACL on Purchased Receivables (Details) - Purchased Receivable - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of year	$ 0	$ 0	$ 73
Charge-offs	0	0	0
Recoveries	0	0	0
Charge-offs net of recoveries	0	0	0
Benefit for purchased receivables	0	0	0
Balance at end of year	$ 0	$ 0	0
Cumulative effect, period of adoption, adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of year			$ (73)

Servicing Rights - Mortgage Ser

Servicing Rights - Mortgage Servicing Assets (Details) - Mortgage servicing rights - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Servicing Asset at Fair Value, Amount [Roll Forward]
Balance, beginning of period	$ 18,635	$ 13,724	$ 11,218
Additions for new MSR capitalized	3,616	4,623	6,088
Changes in fair value:
Due to changes in model inputs of assumptions	(922)	1,615	(1,181)
Other	(1,765)	(1,327)	(2,401)
Carrying value, December 31	$ 19,564	$ 18,635	$ 13,724

Servicing Rights - Narrative (D

Servicing Rights - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Commercial servicing rights
Servicing Assets at Fair Value [Line Items]
Mortgage servicing rights, at fair value	$ 2,200	$ 2,129
Commercial loans serviced by third party	$ 282,200	$ 285,300
Prepayment speed, assumption	11.76%	10.19%
Used to estimate fair value, assumption	9.50%	12%
Other Noninterest Income
Servicing Assets at Fair Value [Line Items]
Mortgage servicing fees	$ 3,800	$ 3,300	$ 2,900

Servicing Rights - Key Assumpti

Servicing Rights - Key Assumptions and the Sensitivity of the Fair Value (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Servicing Assets at Fair Value [Line Items]
Balance of mortgage loans serviced for others	$ 1,044,516,000	$ 898,840,000
Weighted average rate of note	4.03%	3.47%
MSR as a percentage of serviced loans	1.87%	2.07%
Mortgage servicing rights
Servicing Assets at Fair Value [Line Items]
Mortgage servicing rights, at fair value	$ 19,564,000	$ 18,635,000	$ 13,724,000	$ 11,218,000
Expected weighted-average life (in years)	10 years 2 months 23 days	9 years 5 months 15 days
Key assumptions:
Constant prepayment rate (percent)	8.48%	6.64%
Constant prepayment rate, impact on fair value from 10% adverse change	$ (1,754,000)	$ (518,000)
Constant prepayment rate, impact on fair value from 25% adverse change	$ (2,552,000)	$ (1,233,000)
Discount rate (percent)	10.98%	11.25%
Discount rate, impact on fair value from 100 basis point increase	$ (811,000)	$ (635,000)
Discount rate, impact on fair value from 200 basis point increase	(1,560,000)	(1,224,000)
Cost to service assumptions ($ per loan)	82	91
Cost to service assumptions, impact on fair value from 10% adverse change	(160,000)	(153,000)
Cost to service assumptions, impact on fair value from 25% adverse change	$ (401,000)	$ (382,000)

Other Real Estate Owned (Detail

Other Real Estate Owned (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other Real Estate Owned Expense [Line Items]
OREO	$ 0	$ 0
OREO (income) expense, net of rental income and gains on sale	(794,000)	500,000	$ (432,000)
OREO operating expense
Other Real Estate Owned Expense [Line Items]
OREO (income) expense, net of rental income and gains on sale	16,000	634,000	777,000
Impairment on OREO
Other Real Estate Owned Expense [Line Items]
OREO (income) expense, net of rental income and gains on sale	123,000	0	0
Rental income on OREO
Other Real Estate Owned Expense [Line Items]
OREO (income) expense, net of rental income and gains on sale	(4,000)	(548,000)	(524,000)
(Gains)/ losses on sale of OREO
Other Real Estate Owned Expense [Line Items]
OREO (income) expense, net of rental income and gains on sale	$ (929,000)	$ 414,000	$ (685,000)

Premises and Equipment - Schedu

Premises and Equipment - Schedule of Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Total Premises and Equipment	$ 76,818	$ 70,896
Accumulated depreciation and amortization	(36,125)	(33,075)
Total Premises and Equipment, Net	40,693	37,821
Land
Property, Plant and Equipment [Line Items]
Total Premises and Equipment	5,376	5,376
Furniture and equipment
Property, Plant and Equipment [Line Items]
Total Premises and Equipment	19,088	15,778
Tenant improvements
Property, Plant and Equipment [Line Items]
Total Premises and Equipment	$ 11,300	10,409
Buildings
Property, Plant and Equipment [Line Items]
Useful Life	39 years
Total Premises and Equipment	$ 41,054	$ 39,333
Minimum | Furniture and equipment
Property, Plant and Equipment [Line Items]
Useful Life	3 years
Minimum | Tenant improvements
Property, Plant and Equipment [Line Items]
Useful Life	2 years
Maximum | Furniture and equipment
Property, Plant and Equipment [Line Items]
Useful Life	7 years
Maximum | Tenant improvements
Property, Plant and Equipment [Line Items]
Useful Life	15 years

Premises and Equipment - Narrat

Premises and Equipment - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Depreciation	$ 3.3	$ 3.1	$ 3.3

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease ROU assets	$ 9,092	$ 9,868
Operating lease liabilities	$ 9,092	$ 9,865

Leases - Summary of Additional

Leases - Summary of Additional Lease Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Lease Cost
Operating lease cost	$ 2,818	$ 2,737
Short term lease cost	143	37
Total lease cost	2,961	2,774
Other information
Operating leases - operating cash flows	$ 2,628	$ 2,545
Weighted average lease term - operating leases, in years	10 years 4 months 28 days	10 years 6 months 7 days
Weighted average discount rate - operating leases (as a percent)	3.55%	3.30%

Leases - Maturity of Lease Liab

Leases - Maturity of Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
2024	$ 2,637
2025	2,285
2026	1,130
2027	731
2028	543
Thereafter	3,876
Total minimum lease payments	11,202
Less: amount of lease payment representing interest	(2,110)
Present value of future minimum lease payments	$ 9,092	$ 9,865

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Goodwill and Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 15,017	$ 15,017
Core deposit intangible	0	17
Trade name intangible	950	950
Intangible assets total	$ 15,967	$ 15,984

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible asset amortization expense	$ 17	$ 25	$ 37
Accumulated amortization for intangible assets	$ 6,100	$ 6,000

Other Assets - Schedule of Othe

Other Assets - Schedule of Other Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Investment in Low Income Housing Partnerships	$ 27,992	$ 17,289
Deferred taxes, net	5,764	11,367	$ 3,278
Accrued interest receivable	11,958	9,937
Bank owned life insurance, net	3,837	4,345
Prepaid expenses	2,627	2,358
Equity method investments	1,260	1,925
Taxes receivable	1,726	1,749
Software	740	1,741
Other assets	2,873	2,841
Total	71,789	68,846
Commercial servicing rights
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Commercial servicing rights, at fair value	2,200	2,129
Interest rate swaps
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative asset	10,470	12,725
Interest rate lock commitments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative asset	$ 342	$ 440

Other Assets - Narrative (Detai

Other Assets - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Commitments to invest, amortization expense	$ 3,600	$ 3,400	$ 3,500
Remaining commitment to invest in low income housing partnership	$ 13,961

Other Assets - Schedule of Inve

Other Assets - Schedule of Investing Commitment (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Other Commitments [Line Items]
Original commitment amount	$ 57,152
Less: life to date contributions	(43,191)
Remaining commitment amount	$ 13,961
USA 57
Other Commitments [Line Items]
Years over which tax benefits are earned	15 years
Original commitment amount	$ 3,000
Less: life to date contributions	(3,000)
Remaining commitment amount	$ 0
WNC
Other Commitments [Line Items]
Years over which tax benefits are earned	16 years
Original commitment amount	$ 2,500
Less: life to date contributions	(2,500)
Remaining commitment amount	$ 0
R4 - Coronado
Other Commitments [Line Items]
Years over which tax benefits are earned	17 years
Original commitment amount	$ 10,729
Less: life to date contributions	(10,654)
Remaining commitment amount	$ 75
R4 - MVV
Other Commitments [Line Items]
Years over which tax benefits are earned	17 years
Original commitment amount	$ 8,528
Less: life to date contributions	(8,388)
Remaining commitment amount	$ 140
R4 - PJ33
Other Commitments [Line Items]
Years over which tax benefits are earned	17 years
Original commitment amount	$ 6,835
Less: life to date contributions	(6,677)
Remaining commitment amount	$ 158
R4 - Coronado II
Other Commitments [Line Items]
Years over which tax benefits are earned	17 years
Original commitment amount	$ 7,302
Less: life to date contributions	(7,047)
Remaining commitment amount	$ 255
R4 - Duke Apartments
Other Commitments [Line Items]
Years over which tax benefits are earned	17 years
Original commitment amount	$ 3,985
Less: life to date contributions	(3,768)
Remaining commitment amount	$ 217
R4 - Aspen House
Other Commitments [Line Items]
Years over which tax benefits are earned	17 years
Original commitment amount	$ 8,534
Less: life to date contributions	(632)
Remaining commitment amount	$ 7,902
R4 - Old Mat II
Other Commitments [Line Items]
Years over which tax benefits are earned	17 years
Original commitment amount	$ 5,739
Less: life to date contributions	(525)
Remaining commitment amount	$ 5,214

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities Of Certificates Of Deposit (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Deposits [Abstract]
2024	$ 268,526
2025	56,842
2026	3,633
2027	139
2028	354
Thereafter	1,757
Total	$ 331,251

Deposits - Narrative (Details)

Deposits - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deposits [Line Items]
Certificates of deposits	$ 331,251
Deposits held for related parties	3,500	$ 3,800
Deposits reclassified as loans receivables	259	1,300
IntraFi Network
Deposits [Line Items]
Certificates of deposits	48,100	30,200
Demand deposit accounts	$ 333,100	$ 209,000

Borrowings - Narrative (Details

Borrowings - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Ratio of line of credit to eligible assets	45%
Alaska limit on borrowing, percent of total assets	35%	35%
Alaska limit on borrowing, total assets	$ 975,900,000	$ 929,300,000
Line of credit	$ 347,400,000
Ratio of line of credit to total assets	12%
Ratio of eligible assets to borrowing capacity	45%
Additional borrowing capacity	$ 1,250,000,000
Long-term FHLB advances	$ 13,700,000	14,100,000
Amortization period of FHLB advance	30 years
FHLB discount window advances outstanding	$ 0	0
BTFP advances, discount window	0
Interest paid (less than)	28,547,000	5,190,000	$ 3,813,000
Securities sold under repurchase agreements	0	0
Interest expense on deposits, borrowings and junior subordinated debentures	$ 28,695,000	$ 5,213,000	$ 3,779,000
Weighted average interest rate	4.24%	2.92%	2.90%
Minimum
Debt Instrument [Line Items]
Term of FHLB advances	18 years
Fixed rate of FHLB advance	1.23%
Maximum
Debt Instrument [Line Items]
Term of FHLB advances	20 years
Fixed rate of FHLB advance	3.25%
Note Agreement With Federal Reserve Bank
Debt Instrument [Line Items]
Loans pledged as collateral	$ 60,000,000
Interest paid (less than)	1,000	$ 1,000
Discount Window
Debt Instrument [Line Items]
Loans pledged as collateral	58,300,000
FHLB and Secured Debt
Debt Instrument [Line Items]
Interest expense on deposits, borrowings and junior subordinated debentures	1,800,000	$ 339,000	$ 320,000
Federal Reserve Bank's Bank Term Funding Program ("BTFP")
Debt Instrument [Line Items]
Loans pledged as collateral	$ 20,000,000

Borrowings - Future Principal P

Borrowings - Future Principal Payments Required On The Company's Borrowings (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Debt Disclosure [Abstract]
2023	$ 431
2024	441
2025	453
2026	462
2027	474
Thereafter	11,414
Total	$ 13,675

Junior Subordinated Debentures

Junior Subordinated Debentures (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2005
Subordinated Borrowing [Line Items]
Investment in unconsolidated trust	$ 71,789	$ 68,846
Junior subordinated debentures	10,310	10,310
Interest expense on deposits, borrowings and junior subordinated debentures	$ 28,695	$ 5,213	$ 3,779
Northrim Statutory Trust 2
Subordinated Borrowing [Line Items]
Investment in unconsolidated trust				$ 10,000
Junior subordinated debentures				$ 10,300
SOFR period	90 days
LIBOR period	90 days
Liquidation preference per capital security (in USD per share)	$ 1,000
Interest rate (as a percent)	7.02%	6.14%
Interest expense on deposits, borrowings and junior subordinated debentures	$ 693	$ 326	$ 160
Northrim Statutory Trust 2 | London Interbank Offered Rate (LIBOR)
Subordinated Borrowing [Line Items]
Basis plus LIBOR	1.37%
Northrim Statutory Trust 2 | Secured Overnight Financing Rate (SOFR)
Subordinated Borrowing [Line Items]
Basis plus LIBOR	1.37%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance, value	$ 218,629	$ 237,817	$ 221,575
Other comprehensive income (loss), net of tax	12,644	(25,675)	(3,424)
Ending balance, value	234,718	218,629	237,817
Other comprehensive income (loss), tax (expense) benefit	(5,023)	(10,199)	1,360
Total
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance, value	(29,081)	(3,406)	18
Other comprehensive income (loss), net of tax	12,644	(25,675)	(3,424)
Ending balance, value	(16,437)	(29,081)	(3,406)
Unrealized gains (losses) on securities available for sale
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance, value	(30,122)	(2,723)	1,259
Other comprehensive income (loss), net of tax	12,707	(27,399)	(3,982)
Ending balance, value	(17,415)	(30,122)	(2,723)
Unrealized gains (losses) on derivatives and hedging
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Beginning balance, value	1,041	(683)	(1,241)
Other comprehensive income (loss), net of tax	(63)	1,724	558
Ending balance, value	$ 978	$ 1,041	$ (683)

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Accrued liability for plan	$ 1,800,000	$ 1,800,000
Increase (decrease) in non-qualified deferred compensation plan	(10,000)	(51,000)	$ 173,000
Accrued employee benefits	1,600,000	1,400,000
401(k) Plan
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Mandatory 401(k) match	$ 1
Maximum annual employer 401(k) contribution	5.50%
Defined contribution plan cost	$ 2,000,000	2,100,000	1,800,000
Profit Sharing Plan
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Defined contribution plan cost	2,500,000	3,800,000	4,200,000
Supplemental Employee Retirement Plan
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Contributions to supplemental plan	350,000	264,000	281,000
Accrued liability for plan	2,400,000	2,100,000
RML
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Contributions to supplemental plan	333,000	516,000	$ 959,000
Accrued liability for plan	$ 1,900,000	$ 3,100,000
Vesting period	10 years
RML | 401(k) Plan
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Mandatory 401(k) match	$ 1
Maximum annual employer 401(k) contribution	3%

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details)	1 Months Ended	12 Months Ended
	Jan. 31, 2024 USD ($)	Dec. 31, 2023 USD ($) loan	Dec. 31, 2022 USD ($)
Long-term Purchase Commitment [Line Items]
Limit on stop-loss insurance		1 year
Stop-loss insurance limit per covered individual per year		$ 200,000
Loans repurchased in 2 year interval | loan		18
Total unfunded commitments		$ 495,600,000	$ 497,700,000
ACL for unfunded commitments		2,400,000	$ 2,000,000
Proceeds received from government guarantee		929,000
Subsequent Event
Long-term Purchase Commitment [Line Items]
Proceeds received from government guarantee	$ 392,000
Capital commitments
Long-term Purchase Commitment [Line Items]
Purchase commitments		$ 625,000

Commitments and Contingencies_2

Commitments and Contingencies - Off-Balance Sheet Commitments (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments to extend credit	$ 445,879	$ 464,972
Commitments to originate loans held for sale	22,926	29,065
Standby letters of credit	$ 26,794	$ 3,679

Derivatives - Narrative (Detail

Derivatives - Narrative (Details)	4 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2023 USD ($) swap	Sep. 15, 2023	Dec. 31, 2023 USD ($) swap	Dec. 31, 2022 USD ($) swap	Dec. 31, 2021 USD ($)
Derivatives, Fair Value [Line Items]
Threshold for collateral requirements			$ 250,000
Collateral posted	$ 566,000		566,000	$ 553,000
Derivative notional amount	$ 218,000,000		$ 218,000,000	$ 226,200,000
Number of instruments | swap	40		40	40
Interest rate swap income			$ 61,000	$ 157,000	$ 452,000
Commitments to originate loans held for sale	$ 22,926,000		22,926,000	29,065,000
RML
Derivatives, Fair Value [Line Items]
Commitments to originate loans held for sale	$ 22,900,000		$ 22,900,000	29,100,000
Secured Overnight Financing Rate (SOFR)
Derivatives, Fair Value [Line Items]
Tenor spread adjustment (as a percent)	0.0026		0.0026
Subordinated Debt
Derivatives, Fair Value [Line Items]
Junior subordinated debenture	$ 10,000,000		$ 10,000,000
Effective interest rate on junior subordinated debenture	3.72%		3.72%
Debt instrument, interest rate during period			7.02%
Subordinated Debt | Secured Overnight Financing Rate (SOFR)
Derivatives, Fair Value [Line Items]
Debt instrument, basis spread on variable rate	1.37%
Subordinated Debt | London Interbank Offered Rate (LIBOR)
Derivatives, Fair Value [Line Items]
Debt instrument, basis spread on variable rate		1.37%
Variable to Fixed
Derivatives, Fair Value [Line Items]
Derivative notional amount	$ 109,000,000		$ 109,000,000
Number of instruments | swap	20		20
Fixed to Variable
Derivatives, Fair Value [Line Items]
Derivative notional amount	$ 109,000,000		$ 109,000,000
Number of instruments | swap	20		20
Interest rate swaps | Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Cash pledged to collateralize fair value exposure on interest rate swap	$ 130,000		$ 130,000	130,000
Unrealized gain (loss) on interest rate swap	$ 1,400,000		$ 1,400,000	$ (1,500,000)

Derivatives - Schedule of Deriv

Derivatives - Schedule of Derivative Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Interest rate swaps
Derivatives, Fair Value [Line Items]
Derivative assets	$ 11,836	$ 14,178
Derivative liabilities	10,470	12,725
Interest rate lock commitments
Derivatives, Fair Value [Line Items]
Derivative assets	342	440
Retail interest rate contracts
Derivatives, Fair Value [Line Items]
Derivative liabilities	13
Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative assets	10,812	13,165
Derivative liabilities	10,483	12,728
Not Designated as Hedging Instrument | Interest rate swaps
Derivatives, Fair Value [Line Items]
Derivative assets	10,470	12,725
Derivative liabilities	10,470	12,725
Not Designated as Hedging Instrument | Interest rate swaps | Other assets
Derivatives, Fair Value [Line Items]
Derivative assets	10,470	12,725
Not Designated as Hedging Instrument | Interest rate swaps | Other liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities	10,470	12,725
Not Designated as Hedging Instrument | Interest rate lock commitments | Other assets
Derivatives, Fair Value [Line Items]
Derivative assets	342	440
Not Designated as Hedging Instrument | Retail interest rate contracts
Derivatives, Fair Value [Line Items]
Derivative assets		0
Derivative liabilities	13
Not Designated as Hedging Instrument | Retail interest rate contracts | Other assets
Derivatives, Fair Value [Line Items]
Derivative assets	0	0
Not Designated as Hedging Instrument | Retail interest rate contracts | Other liabilities
Derivatives, Fair Value [Line Items]
Derivative liabilities	$ 13	$ 3

Derivatives - Schedule of Der_2

Derivatives - Schedule of Derivative Instrument Gain (Loss) (Details) - Not Designated as Hedging Instrument - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Derivative [Line Items]
Gain (loss) on derivative not designated as hedging	$ 69	$ 3,469
Retail interest rate contracts | Mortgage banking income
Derivative [Line Items]
Gain (loss) on derivative not designated as hedging	161	4,335
Interest rate lock commitments | Mortgage banking income
Derivative [Line Items]
Gain (loss) on derivative not designated as hedging	$ (92)	$ (866)

Derivatives - Schedule of Offse

Derivatives - Schedule of Offsetting Asset Derivatives (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Not Designated as Hedging Instrument
Offsetting Assets [Line Items]
Gross amounts of recognized assets and liabilities	$ 10,812	$ 13,165
Interest rate swaps
Offsetting Assets [Line Items]
Gross amounts of recognized assets and liabilities	11,836	14,178
Net amounts of assets and liabilities presented in the Statement of Financial Position	10,470	12,725
Interest rate swaps | Not Designated as Hedging Instrument
Offsetting Assets [Line Items]
Gross amounts of recognized assets and liabilities	10,470	12,725
Gross amounts offset in the Statement of Financial Position	0	0
Net amounts of assets and liabilities presented in the Statement of Financial Position	10,470	12,725
Financial Instruments	0	0
Collateral Posted	0	0
Net Amount	$ 10,470	12,725
Retail interest rate contracts | Not Designated as Hedging Instrument
Offsetting Assets [Line Items]
Gross amounts of recognized assets and liabilities		0
Gross amounts offset in the Statement of Financial Position		0
Net amounts of assets and liabilities presented in the Statement of Financial Position		0
Financial Instruments		0
Collateral Posted		0
Net Amount		$ 0

Derivatives - Schedules of Offs

Derivatives - Schedules of Offsetting Liability Derivatives (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Interest rate swaps
Offsetting Liabilities [Line Items]
Gross amounts of recognized assets and liabilities	$ 10,470	$ 12,725
Retail interest rate contracts
Offsetting Liabilities [Line Items]
Gross amounts of recognized assets and liabilities	13
Not Designated as Hedging Instrument
Offsetting Liabilities [Line Items]
Gross amounts of recognized assets and liabilities	10,483	12,728
Not Designated as Hedging Instrument | Interest rate swaps
Offsetting Liabilities [Line Items]
Gross amounts of recognized assets and liabilities	10,470	12,725
Gross amounts offset in the Statement of Financial Position	0	0
Financial Instruments	10,470	12,725
Gross amounts not offset in the Statement of Financial Position, Financial Instruments	0	0
Collateral Posted	10,470	12,725
Net Amount	0	$ 0
Not Designated as Hedging Instrument | Retail interest rate contracts
Offsetting Liabilities [Line Items]
Gross amounts of recognized assets and liabilities	13
Gross amounts offset in the Statement of Financial Position	0
Financial Instruments	13
Gross amounts not offset in the Statement of Financial Position, Financial Instruments	0
Gross amounts not offset in the Statement of Financial Position, Collateral Posted	0
Net Amount	$ 13

Common Stock (Details)

Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
	Jan. 26, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Subsidiary, Sale of Stock [Line Items]
Dividends paid to shareholders		$ 13,609	$ 10,571	$ 9,388
Cash dividends paid (in USD per share)		$ 2.40	$ 1.82	$ 1.50
Subsequent Event
Subsidiary, Sale of Stock [Line Items]
Cash dividends declared (in USD per share)	$ 0.61

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercisable (in shares)	100,830	106,714	107,553
Options exercisable, weighted average exercise price (in USD per share)	$ 34.80	$ 33.78	$ 32.63
Total intrinsic value of stock options outstanding	$ 2,300,000	$ 2,200,000	$ 1,200,000
Total intrinsic value of stock options exercisable	2,300,000	2,200,000	1,200,000
Total intrinsic value of stock options exercised	355,000	307,000	969,000
Stock-based compensation expense	$ 937,000	742,000	1,073,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation options contractual term	10 years
Stock incentive plan vesting period, years	3 years
Amount withheld for stock option exercises and related income taxes	$ 534,000	559,000	1,700,000
Stock-based compensation expense	74,000	108,000	173,000
Unrecognized compensation expense	$ 36,000
Weighted-average period for recognition of expense	10 months 24 days
Cash Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from exercise of stock options	$ 0	0	0
Cashless Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Proceeds from exercise of stock options	$ 445,000	475,000	1,400,000
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock incentive plan vesting period, years	3 years
Stock-based compensation expense	$ 751,000	634,000	900,000
Unrecognized compensation expense	$ 955,000
Weighted-average period for recognition of expense	2 years
Intrinsic value of restricted stock units vested	$ 1,100,000	1,100,000	1,300,000
Performance Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock incentive plan vesting period, years	3 years
Stock-based compensation expense	$ 111,000	$ 0	$ 0
Unrecognized compensation expense	$ 318,000
Weighted-average period for recognition of expense	2 years 2 months 12 days
Prior Stock Option Plans
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of authorized stock for stock incentive plan (in shares)	0
2023 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of authorized stock for stock incentive plan (in shares)	325,000

Stock-Based Compensation - Assu

Stock-Based Compensation - Assumptions Used To Determine Fair Value of Stock Options (Details)	12 Months Ended
	Dec. 31, 2021 $ / shares
Share-Based Payment Arrangement [Abstract]
Grant date fair value (in USD per share)	$ 10.27
Expected life of options	8 years
Risk-free interest rate	1.33%
Dividend yield rate	3.86%
Price volatility	36.46%

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Options Activity (Details)	12 Months Ended
	Dec. 31, 2023 $ / shares shares
Number of Shares
Outstanding at beginning of period (in shares) | shares	120,195
Granted (in shares) | shares	0
Forfeited (in shares) | shares	0
Exercised (in shares) | shares	(15,585)
Outstanding at end of period (in shares) | shares	104,610
Weighted Average Exercise Price
Outstanding at beginning of period (in USD per share) | $ / shares	$ 34.21
Granted (in USD per share) | $ / shares	0
Forfeited (in USD per share) | $ / shares	0
Exercised (in USD per share) | $ / shares	28.54
Outstanding at end of period (in USD per share) | $ / shares	$ 35.06
Weighted average remaining contractual life, Outstanding at end of period	5 years 18 days

Stock-Based Compensation - Rest

Stock-Based Compensation - Restricted Stock Unit Activity (Details)	12 Months Ended
	Dec. 31, 2023 $ / shares shares
Restricted Stock Units
Number of Shares
Outstanding at beginning of period (in shares) | shares	38,502
Granted (in shares) | shares	25,280
Dividend equivalents awarded (in shares) | shares	2,826
Vested (in shares) | shares	(21,677)
Forfeited (in shares) | shares	(1,903)
Outstanding at end of period (in shares) | shares	43,028
Weighted Average Grant Date Fair Value
Outstanding at beginning of period (in USD per share) | $ / shares	$ 34.12
Granted (in USD per share) | $ / shares	45.43
Dividend equivalents awarded (in USD per share) | $ / shares	0
Vested (in USD per share) | $ / shares	28.26
Forfeited (in USD per share) | $ / shares	37.53
Outstanding at end of period (in USD per share) | $ / shares	$ 41.32
Weighted average remaining contractual life, Outstanding at end of period	1 year 11 months 23 days
Performance Stock Units
Number of Shares
Outstanding at beginning of period (in shares) | shares	0
Granted (in shares) | shares	9,453
Dividend equivalents awarded (in shares) | shares	393
Vested (in shares) | shares	0
Forfeited (in shares) | shares	0
Outstanding at end of period (in shares) | shares	9,846
Weighted Average Grant Date Fair Value
Outstanding at beginning of period (in USD per share) | $ / shares	$ 0
Granted (in USD per share) | $ / shares	45.43
Dividend equivalents awarded (in USD per share) | $ / shares	0
Vested (in USD per share) | $ / shares	0
Forfeited (in USD per share) | $ / shares	0
Outstanding at end of period (in USD per share) | $ / shares	$ 43.62
Weighted average remaining contractual life, Outstanding at end of period	2 years 2 months 23 days

Regulatory Matters - Narrative

Regulatory Matters - Narrative (Details) $ in Millions	3 Months Ended
	Dec. 31, 2005 USD ($)
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Proceeds from (repurchase of) trust preferred securities	$ 10

Regulatory Matters - Summary of

Regulatory Matters - Summary of Capital Requirements (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Northrim Bank
Common equity tier 1 capital (to risk-weighted assets)
Common equity tier 1 capital (to risk-weighted assets), actual amount		$ 210,179	$ 198,034
Common equity tier 1 capital (to risk-weighted assets), actual ratio		9.89%	10.59%
Common equity tier 1 capital (to risk-weighted assets), adequately-capitalized amount		$ 95,633	$ 84,150
Common equity tier 1 capital (to risk-weighted assets), adequately-capitalized ratio		4.50%	4.50%
Common equity tier 1 capital (to risk-weighted assets), well-capitalized amount		$ 138,136	$ 121,551
Common equity tier 1 capital (to risk-weighted assets), well-capitalized ratio		6.50%	6.50%
Total Capital (to risk-weighted assets)
Total Capital (to risk-weighted assets), actual amount		$ 229,772	$ 213,745
Total Capital (to risk-weighted assets), actual ratio		0.1081	0.1142
Total Capital (to risk-weighted assets), adequately-capitalized amount		$ 170,044	$ 149,734
Total Capital (to risk-weighted assets), adequately-capitalized ratio		0.08	0.08
Total Capital (to risk-weighted assets), well-capitalized amount		$ 212,555	$ 187,167
Total Capital (to risk-weighted assets), well-capitalized ratio		0.10	0.10
Tier I Capital (to risk-weighted assets)
Tier 1 Capital (to risk-weighted assets), actual amount		$ 210,084	$ 197,937
Tier 1 Capital (to risk-weighted assets), actual ratio		0.0988	0.1058
Tier 1 Capital (to risk-weighted assets), adequately-capitalized amount		$ 127,581	$ 112,252
Tier 1 capital (to risk-weighted assets), adequately capitalized ratio		0.06	0.06
Tier 1 Capital (to risk-weighted assets), well-capitalized amount		$ 170,109	$ 149,669
Tier 1 Capital (to risk-weighted assets), well-capitalized ratio		0.08	0.08
Tier I Capital (to average assets)
Tier I Capital (to average assets), actual amount		$ 210,084	$ 197,937
Tier I Capital (to average assets), actual ratio		0.0751	0.0742
Tier I Capital (to average assets), adequately-capitalized amount		$ 111,896	$ 106,705
Tier 1 capital (to average assets), adequately-capitalized ratio		0.04	0.04
Tier I Capital (to average assets), well-capitalized amount		$ 139,870	$ 133,381
Tier I Capital (to average assets), well-capitalized ratio		0.05	0.05
Northrim Bancorp, Inc.
Common equity tier 1 capital (to risk-weighted assets)
Common equity tier 1 capital (to risk-weighted assets), actual amount	$ 235,378	$ 231,920
Common equity tier 1 capital (to risk-weighted assets), actual ratio	10.98%	12.29%
Common equity tier 1 capital (to risk-weighted assets), adequately-capitalized amount	$ 96,466	$ 84,918
Common equity tier 1 capital (to risk-weighted assets), adequately-capitalized ratio	4.50%	4.50%
Total Capital (to risk-weighted assets)
Total Capital (to risk-weighted assets), actual amount	$ 264,775	$ 257,425
Total Capital (to risk-weighted assets), actual ratio	0.1235	0.1364
Total Capital (to risk-weighted assets), adequately-capitalized amount	$ 171,514	$ 150,982
Total Capital (to risk-weighted assets), adequately-capitalized ratio	0.08	0.08
Tier I Capital (to risk-weighted assets)
Tier 1 Capital (to risk-weighted assets), actual amount	$ 245,087	$ 241,617
Tier 1 Capital (to risk-weighted assets), actual ratio	0.1143	0.1281
Tier 1 Capital (to risk-weighted assets), adequately-capitalized amount	$ 128,655	$ 113,170
Tier 1 capital (to risk-weighted assets), adequately capitalized ratio	0.06	0.06
Tier I Capital (to average assets)
Tier I Capital (to average assets), actual amount	$ 245,087	$ 241,617
Tier I Capital (to average assets), actual ratio	0.0872	0.0901
Tier I Capital (to average assets), adequately-capitalized amount	$ 112,425	$ 107,266
Tier 1 capital (to average assets), adequately-capitalized ratio	0.04	0.04

Income Taxes - Components Of Th

Income Taxes - Components Of The Provision For Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current Tax Expense (Benefit)
Federal	$ 1,120	$ 1,412	$ 5,090
State	944	860	3,182
Amortization of investment in low income housing tax credit partnerships	3,570	3,371	3,502
Total	5,634	5,643	11,774
Deferred Expense (Benefit)
Federal	388	1,412	(869)
State	192	698	(429)
Amortization of investment in low income housing tax credit partnerships	0	0	0
Total	580	2,110	(1,298)
Total Expense
Federal	1,508	2,824	4,221
State	1,136	1,558	2,753
Amortization of investment in low income housing tax credit partnerships	3,570	3,371	3,502
Total	$ 6,214	$ 7,753	$ 10,476

Income Taxes - Reconciliation O

Income Taxes - Reconciliation Of Actual To Expected Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Computed “expected” income tax expense	$ 6,638	$ 8,084	$ 10,079
State income taxes, net	897	1,231	2,175
Tax-exempt interest on investment securities and loans	(459)	(358)	(238)
Amortization of investment in low income housing tax credit partnerships, net	3,192	3,191	3,163
Low income housing tax credits	(3,627)	(3,725)	(3,694)
Other	(427)	(670)	(1,009)
Total	$ 6,214	$ 7,753	$ 10,476

Income Taxes - Components Of _2

Income Taxes - Components Of The Net Deferred Tax Asset (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Deferred Tax Asset:
Allowance for loan losses	$ 5,347	$ 4,263	$ 3,126
Loan fees, net of costs	649	778	1,956
Interest income, nonaccrual loans	356	370	482
Deferred compensation	1,674	1,822	1,344
Equity compensation	466	404	406
Operating lease liabilities	2,585	2,805	3,117
Accrued liabilities	941	1,286	1,826
Unrealized loss on available for sale investment securities	7,057	11,976	1,270
Unrealized loss on marketable equity securities	176	178	0
Other	280	285	837
Total Deferred Tax Asset	19,531	24,167	14,364
Deferred Tax Liability:
Intangible amortization	(2,746)	(1,886)	(1,453)
Mortgage servicing rights	(6,065)	(5,789)	(4,172)
Depreciation and amortization	(1,463)	(1,261)	(1,515)
Operating lease right-of-use assets	(2,585)	(2,806)	(3,128)
Unrealized gain on available for sale investment securities	(139)	(11)	(189)
Unrealized gain on marketable equity securities	(50)	(18)	(159)
Other	(719)	(1,029)	(470)
Total Deferred Tax Liability	(13,767)	(12,800)	(11,086)
Net Deferred Tax Asset	$ 5,764	$ 11,367	$ 3,278

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	Dec. 31, 2023 USD ($)
Income Tax Disclosure [Abstract]
Unrecognized tax benefits	$ 0

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Estimated Fair Values (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financial assets:
Investment securities available for sale	$ 637,936	$ 677,029
Marketable equity securities	13,153	10,740
Investment securities held to maturity	33,413	32,639
Mortgage servicing rights
Financial assets:
Servicing rights	19,564	18,635	$ 13,724	$ 11,218
Commercial servicing rights
Financial assets:
Servicing rights	2,200	2,129
Interest rate swaps
Financial assets:
Derivative assets	11,836	14,178
Financial liabilities:
Derivative liabilities	10,470	12,725
Interest rate lock commitments
Financial assets:
Derivative assets	342	440
Retail interest rate contracts
Financial liabilities:
Derivative liabilities	13
Level 1 inputs
Financial assets:
Investment securities available for sale	310,896	356,837
Marketable equity securities	13,153	10,740
Level 1 inputs | Mortgage servicing rights
Financial assets:
Servicing rights	0	0
Level 1 inputs | Commercial servicing rights
Financial assets:
Servicing rights	0	0
Level 1 inputs | Interest rate swaps
Financial assets:
Derivative assets	0	0
Financial liabilities:
Derivative liabilities	0	0
Level 1 inputs | Interest rate lock commitments
Financial assets:
Derivative assets	0	0
Level 1 inputs | Retail interest rate contracts
Financial liabilities:
Derivative liabilities	0
Level 1 inputs | Carrying Amount
Financial assets:
Cash, due from banks and deposits in other banks	118,530	259,350
Investment securities available for sale	310,896	356,837
Marketable equity securities	13,153	10,740
Level 1 inputs | Fair  Value
Financial assets:
Cash, due from banks and deposits in other banks	118,530	259,350
Investment securities available for sale	310,896	356,837
Marketable equity securities	13,153	10,740
Level 2 inputs
Financial assets:
Investment securities available for sale	327,040	320,192
Marketable equity securities	0	0
Level 2 inputs | Mortgage servicing rights
Financial assets:
Servicing rights	0	0
Level 2 inputs | Commercial servicing rights
Financial assets:
Servicing rights	0	0
Level 2 inputs | Interest rate swaps
Financial assets:
Derivative assets	11,836	14,178
Financial liabilities:
Derivative liabilities	10,470	12,725
Level 2 inputs | Interest rate lock commitments
Financial assets:
Derivative assets	0	0
Level 2 inputs | Retail interest rate contracts
Financial liabilities:
Derivative liabilities	13
Level 2 inputs | Carrying Amount
Financial assets:
Investment securities available for sale	327,040	320,192
Investment in Federal Home Loan Bank Stock	2,980	3,816
Loans held for sale	31,974	27,538
Accrued interest receivable	11,958	9,937
Financial liabilities:
Deposits	2,485,055	2,387,211
Borrowings	13,675	14,095
Accrued interest payable	202	54
Level 2 inputs | Carrying Amount | Interest rate swaps
Financial assets:
Derivative assets	11,836	14,179
Financial liabilities:
Derivative liabilities	10,470	12,725
Level 2 inputs | Carrying Amount | Retail interest rate contracts
Financial liabilities:
Derivative liabilities	13	3
Level 2 inputs | Fair  Value
Financial assets:
Investment securities available for sale	327,040	320,192
Investment in Federal Home Loan Bank Stock	2,980	3,816
Loans held for sale	31,974	27,538
Accrued interest receivable	11,958	9,937
Financial liabilities:
Deposits	2,482,937	2,383,975
Borrowings	11,872	12,382
Accrued interest payable	202	54
Level 2 inputs | Fair  Value | Interest rate swaps
Financial assets:
Derivative assets	11,836	14,179
Financial liabilities:
Derivative liabilities	10,470	12,725
Level 2 inputs | Fair  Value | Retail interest rate contracts
Financial liabilities:
Derivative liabilities	13	3
Level 3 inputs
Financial assets:
Investment securities available for sale	0	0
Marketable equity securities	0	0
Level 3 inputs | Mortgage servicing rights
Financial assets:
Servicing rights	19,564	18,635
Level 3 inputs | Commercial servicing rights
Financial assets:
Servicing rights	2,200	2,129
Level 3 inputs | Interest rate swaps
Financial assets:
Derivative assets	0	0
Financial liabilities:
Derivative liabilities	0	0
Level 3 inputs | Interest rate lock commitments
Financial assets:
Derivative assets	342	440
Level 3 inputs | Retail interest rate contracts
Financial liabilities:
Derivative liabilities	0
Level 3 inputs | Carrying Amount
Financial assets:
Investment securities held to maturity	36,750	36,750
Loans	1,789,497	1,501,785
Purchased receivables, net	36,842	19,994
Financial liabilities:
Junior subordinated debentures	10,310	10,310
Level 3 inputs | Carrying Amount | Mortgage servicing rights
Financial assets:
Servicing rights	19,564	18,635
Level 3 inputs | Carrying Amount | Commercial servicing rights
Financial assets:
Servicing rights	2,200	2,129
Level 3 inputs | Carrying Amount | Interest rate lock commitments
Financial assets:
Derivative assets	342	440
Level 3 inputs | Fair  Value
Financial assets:
Investment securities held to maturity	33,413	32,639
Loans	1,686,362	1,408,350
Purchased receivables, net	36,842	19,994
Financial liabilities:
Junior subordinated debentures	12,030	11,266
Level 3 inputs | Fair  Value | Mortgage servicing rights
Financial assets:
Servicing rights	19,564	18,635
Level 3 inputs | Fair  Value | Commercial servicing rights
Financial assets:
Servicing rights	2,200	2,129
Level 3 inputs | Fair  Value | Interest rate lock commitments
Financial assets:
Derivative assets	$ 342	$ 440

Fair Value Measurements - Sch_2

Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 637,936	$ 677,029
Marketable equity securities	13,153	10,740
Total other assets	33,942	35,382
Total other liabilities	10,483	12,728
U.S. Treasury and government sponsored entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	564,125	595,161
Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	816	795
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	13,624	23,644
Collateralized loan obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	59,371	57,429
Marketable equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity securities	13,153	10,740
Mortgage servicing rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights	19,564	18,635	$ 13,724	$ 11,218
Commercial servicing rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights	2,200	2,129
Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	11,836	14,178
Derivative liabilities	10,470	12,725
Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	342	440
Retail interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	13
Level 1 inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	310,896	356,837
Marketable equity securities	13,153	10,740
Total other assets	0	0
Total other liabilities	0	0
Level 1 inputs | U.S. Treasury and government sponsored entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	300,274	333,193
Level 1 inputs | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Level 1 inputs | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	10,622	23,644
Level 1 inputs | Collateralized loan obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Level 1 inputs | Marketable equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity securities	13,153	10,740
Level 1 inputs | Mortgage servicing rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights	0	0
Level 1 inputs | Commercial servicing rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights	0	0
Level 1 inputs | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Derivative liabilities	0	0
Level 1 inputs | Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Level 1 inputs | Retail interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	0
Level 2 inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	327,040	320,192
Marketable equity securities	0	0
Total other assets	11,836	14,178
Total other liabilities	10,483	12,728
Level 2 inputs | U.S. Treasury and government sponsored entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	263,851	261,968
Level 2 inputs | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	816	795
Level 2 inputs | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	3,002	0
Level 2 inputs | Collateralized loan obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	59,371	57,429
Level 2 inputs | Marketable equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity securities	0	0
Level 2 inputs | Mortgage servicing rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights	0	0
Level 2 inputs | Commercial servicing rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights	0	0
Level 2 inputs | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	11,836	14,178
Derivative liabilities	10,470	12,725
Level 2 inputs | Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Level 2 inputs | Retail interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	13
Level 3 inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Marketable equity securities	0	0
Total other assets	22,106	21,204
Total other liabilities	0	0
Level 3 inputs | U.S. Treasury and government sponsored entities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Level 3 inputs | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Level 3 inputs | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Level 3 inputs | Collateralized loan obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Level 3 inputs | Marketable equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable equity securities	0	0
Level 3 inputs | Mortgage servicing rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights	19,564	18,635
Level 3 inputs | Commercial servicing rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights	2,200	2,129
Level 3 inputs | Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Derivative liabilities	0	0
Level 3 inputs | Interest rate lock commitments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	342	$ 440
Level 3 inputs | Retail interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	$ 0

Fair Value Measurements - Recon

Fair Value Measurements - Reconciliation of Assets with Unobservable Inputs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 21,204	$ 16,195
Change included in earnings	(3,738)	(418)
Purchases and issuances	11,196	16,999
Sales and settlements	(6,556)	(11,572)
Ending balance	$ 22,106	$ 21,204
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Mortgage banking income, Commercial servicing revenue	Mortgage banking income, Commercial servicing revenue
Mortgage servicing rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	$ 18,635	$ 13,724
Change included in earnings	(2,687)	288
Purchases and issuances	3,616	4,623
Sales and settlements	0	0
Ending balance	19,564	18,635
Commercial servicing rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	2,129	1,084
Change included in earnings	(62)	809
Purchases and issuances	133	236
Sales and settlements	0	0
Ending balance	2,200	2,129
Interest rate lock commitments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	440	1,387
Change included in earnings	(989)	(1,515)
Purchases and issuances	7,447	12,140
Sales and settlements	(6,556)	(11,572)
Ending balance	$ 342	$ 440

Fair Value Measurements - Sch_3

Fair Value Measurements - Schedule of Assets Measured on a Nonrecurring Basis (Details) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans individually measured for credit losses	$ 0	$ 0
Other real estate owned	0	0
Total fair value assets	0	0
Level 1 inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans individually measured for credit losses	0	0
Other real estate owned	0	0
Total fair value assets	0	0
Level 2 inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans individually measured for credit losses	0	0
Other real estate owned	0	0
Total fair value assets	0	0
Level 3 inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans individually measured for credit losses	0	0
Other real estate owned	0	0
Total fair value assets	$ 0	$ 0

Fair Value Measurements - (Inco

Fair Value Measurements - (Income) Losses from Nonrecurring Fair Value Adjustments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total (income) loss from nonrecurring measurements	$ 123	$ 0	$ (13)
Loans individually measured for credit losses
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total (income) loss from nonrecurring measurements	0	0	(13)
Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total (income) loss from nonrecurring measurements	$ 123	$ 0	$ 0

Fair Value Measurements - Sch_4

Fair Value Measurements - Schedule of Valuation Assumptions (Details) - Fair Value, Recurring	Dec. 31, 2023	Dec. 31, 2022
Pull through rate | Income approach | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate lock commitment, measurement input	0.8984	0.9318
Constant prepayment rate | Discounted cash flow | Mortgage servicing rights | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights, measurement input	0.0613	0.0662
Constant prepayment rate | Discounted cash flow | Mortgage servicing rights | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights, measurement input	0.2533	0.0743
Constant prepayment rate | Discounted cash flow | Commercial servicing rights | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights, measurement input	0.0399	0.0419
Constant prepayment rate | Discounted cash flow | Commercial servicing rights | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights, measurement input	0.1890	0.2287
Discount rate | Discounted cash flow | Mortgage servicing rights | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights, measurement input	0.0950	0.1125
Discount rate | Discounted cash flow | Mortgage servicing rights | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights, measurement input	0.1100
Discount rate | Discounted cash flow | Commercial servicing rights | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights, measurement input	0.0950	0.1200

Segment Information - Narrative

Segment Information - Narrative (Details)	12 Months Ended
	Dec. 31, 2023 segment bank
Segment Reporting Information [Line Items]
Number of operating segments | segment	2
Community Banking
Segment Reporting Information [Line Items]
Number of branches | bank	19

Segment Information - Schedule

Segment Information - Schedule of Segment Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Interest income	$ 131,951	$ 100,328	$ 84,606
Interest expense	28,695	5,213	3,779
Net Interest Income	103,256	95,115	80,827
Provision (benefit) for credit losses	3,842	1,846	(4,099)
Total Other Operating Income	26,375	34,077	52,263
Other operating expense	94,181	88,852	89,196
Income Before Provision for Income Taxes	31,608	38,494	47,993
Provision for income taxes	6,214	7,753	10,476
Net Income	25,394	30,741	37,517
Total assets	2,807,497	2,674,318	2,724,719
Loans held for sale	31,974	27,538	73,650
Community Banking
Segment Reporting Information [Line Items]
Interest income	122,258	98,078	81,703
Interest expense	26,300	5,156	3,623
Net Interest Income	95,958	92,922	78,080
Provision (benefit) for credit losses	3,842	1,846	(4,099)
Total Other Operating Income	13,612	12,505	10,119
Other operating expense	70,684	63,902	58,647
Income Before Provision for Income Taxes	35,044	39,679	33,651
Provision for income taxes	7,157	8,041	6,468
Net Income	27,887	31,638	27,183
Total assets	2,539,791	2,543,086	2,596,190
Loans held for sale	0	0	0
Home Mortgage Lending
Segment Reporting Information [Line Items]
Interest income	9,693	2,250	2,903
Interest expense	2,395	57	156
Net Interest Income	7,298	2,193	2,747
Provision (benefit) for credit losses	0	0	0
Total Other Operating Income	12,763	21,572	42,144
Other operating expense	23,497	24,950	30,549
Income Before Provision for Income Taxes	(3,436)	(1,185)	14,342
Provision for income taxes	(943)	(288)	4,008
Net Income	(2,493)	(897)	10,334
Total assets	267,706	131,232	128,529
Loans held for sale	$ 31,974	$ 27,538	$ 73,650

Parent Company Information - Ba

Parent Company Information - Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
ASSETS
Marketable equity securities	$ 13,153	$ 10,740
Taxes receivable	1,726	1,749
Other assets	71,789	68,846
Total assets	2,807,497	2,674,318	$ 2,724,719
LIABILITIES
Junior subordinated debentures	10,310	10,310
Other liabilities	54,647	34,208
Total liabilities	2,572,779	2,455,689
SHAREHOLDERS' EQUITY
Common stock	5,513	5,701
Additional paid-in capital	9,605	17,784
Retained earnings	236,037	224,225
Accumulated other comprehensive (loss) income	(16,437)	(29,081)
Total shareholders' equity	234,718	218,629	$ 237,817	$ 221,575
Total liabilities and shareholders' equity	2,807,497	2,674,318
Northrim Bancorp, Inc.
ASSETS
Cash and cash equivalents	19,055	30,883
Marketable equity securities	13,153	10,740
Taxes receivable	1,212	463
Other assets	2,152	1,435
Total assets	245,484	229,224
LIABILITIES
Junior subordinated debentures	10,310	10,310
Other liabilities	456	285
Total liabilities	10,766	10,595
SHAREHOLDERS' EQUITY
Common stock	5,513	5,701
Additional paid-in capital	9,605	17,784
Retained earnings	236,037	224,225
Accumulated other comprehensive (loss) income	(16,437)	(29,081)
Total shareholders' equity	234,718	218,629
Total liabilities and shareholders' equity	245,484	229,224
Northrim Bancorp, Inc. | Northrim Bank
ASSETS
Investment in subsidiary	208,435	184,148
Northrim Bancorp, Inc. | Northrim Investment Services Company
ASSETS
Investment in subsidiary	1,167	1,245
Northrim Bancorp, Inc. | Northrim Statutory Trust 2
ASSETS
Investment in subsidiary	$ 310	$ 310

Parent Company Information - St

Parent Company Information - Statements Of Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income
Interest income	$ 131,951	$ 100,328	$ 84,606
Gain on sale of marketable equity securities, net	0	0	67
Unrealized gain (loss) on marketable equity securities	120	(1,119)	(101)
Other income	26,375	34,077	52,263
Expense
Interest expense	28,695	5,213	3,779
Income Before Provision for Income Taxes	31,608	38,494	47,993
Benefit from income taxes	6,214	7,753	10,476
Net income	25,394	30,741	37,517
Northrim Bancorp, Inc.
Income
Interest income	1,258	698	551
Gain on sale of marketable equity securities, net	0	0	67
Unrealized gain (loss) on marketable equity securities	120	(1,119)	(101)
Other income	0	0	151
Total Income	28,227	32,552	39,359
Expense
Interest expense	400	389	382
Administrative and other expenses	3,357	2,830	2,754
Total Expense	3,757	3,219	3,136
Income Before Provision for Income Taxes	24,470	29,333	36,223
Benefit from income taxes	(924)	(1,408)	(1,294)
Net income	25,394	30,741	37,517
Northrim Bancorp, Inc. | Northrim Bank
Income
Equity in undistributed earnings from subsidiaries	26,871	32,853	38,625
Northrim Bancorp, Inc. | Northrim Investment Services Company
Income
Equity in undistributed earnings from subsidiaries	$ (22)	$ 120	$ 66

Parent Company Information - _2

Parent Company Information - Statements Of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating Activities:
Net income	$ 25,394	$ 30,741	$ 37,517
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Gain on sale of securities, net	0	0	(67)
Unrealized (gain) loss on marketable equity securities	(120)	1,119	101
Stock-based compensation	937	742	1,073
Net Cash Provided by Operating Activities	38,925	78,123	111,989
Investing Activities:
Purchases of marketable equity securities	(2,297)	(3,934)	(493)
Proceeds from sales/calls/maturities of marketable equity securities	0	488	1,084
Net Cash (Used) by Investing Activities	(255,071)	(405,625)	(159,089)
Financing Activities:
Dividends paid to shareholders	(13,609)	(10,571)	(9,388)
Proceeds from the issuance of common stock	555	586	1,543
Repurchase of common stock	(9,044)	(14,157)	(11,534)
Net Cash Provided (Used) by Financing Activities	75,326	(58,975)	576,962
Net Change in Cash and Cash Equivalents	(140,820)	(386,477)	529,862
Cash and Cash Equivalents at Beginning of Year	259,350	645,827	115,965
Cash and Cash Equivalents at End of Year	118,530	259,350	645,827
Northrim Bancorp, Inc.
Operating Activities:
Net income	25,394	30,741	37,517
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Gain on sale of securities, net	0	0	(67)
Equity in undistributed earnings from subsidiaries	(26,892)	(32,732)	(38,691)
Unrealized (gain) loss on marketable equity securities	(120)	1,119	101
Stock-based compensation	937	742	1,073
Changes in other assets and liabilities	(1,380)	(1,268)	(2,167)
Net Cash Provided by Operating Activities	(2,061)	(1,398)	(2,234)
Investing Activities:
Purchases of marketable equity securities	(2,297)	(3,934)	(493)
Proceeds from sales/calls/maturities of marketable equity securities	0	488	1,016
Investment in Northrim Bank, NISC & NST2	14,628	24,323	31,894
Net Cash (Used) by Investing Activities	12,331	20,877	32,417
Financing Activities:
Dividends paid to shareholders	(13,609)	(10,571)	(9,388)
Proceeds from the issuance of common stock	555	586	1,543
Repurchase of common stock	(9,044)	(14,157)	(11,534)
Net Cash Provided (Used) by Financing Activities	(22,098)	(24,142)	(19,379)
Net Change in Cash and Cash Equivalents	(11,828)	(4,663)	10,804
Cash and Cash Equivalents at Beginning of Year	30,883	35,546	24,742
Cash and Cash Equivalents at End of Year	$ 19,055	$ 30,883	$ 35,546

Uncategorized Items - nrim-2023

Label	Element	Value
Accounting Standards Update [Extensible Enumeration]	us-gaap_AccountingStandardsUpdateExtensibleList	Accounting Standards Update 2016-13 [Member]