latest news releases from the newsroom
Northrim BanCorp, Inc.
Northrim BanCorp Earns $2.1 Million, or $0.34 Per Share in 1Q08
ANCHORAGE, Alaska, April 23, 2008 (PRIME NEWSWIRE) -- Northrim BanCorp, Inc. (Nasdaq:NRIM) today reported deposit growth contributed to the net interest margin in the first quarter of 2008, helping to offset higher provisions for loan losses and declining asset quality. In the first quarter of 2008, net income totaled $2.1 million or $0.34 per diluted share, compared to $2.7 million, or $0.42 per diluted share, in the first quarter of 2007. All per share results reflect the payment of a 5% stock dividend in October 2007 and the ongoing share repurchase program.
Banner Corporation Declares $0.20 Quarterly Cash Dividend
WALLA WALLA, Wash., April 23, 2008 (PRIME NEWSWIRE) -- Banner Corporation (Nasdaq:BANR), the parent company of Banner Bank and Islanders Bank, today announced its Board of Directors declared a regular quarterly cash dividend of $0.20 per share, the same as in the previous quarter. The dividend will be paid July 10, 2008, to shareholders of record on June 30, 2008.