Northrim Bancorp Inc 8-K, filed Jan 30, 2023
Northrim Bancorp Inc (NRIM)
8-K
2023-01-30
For: 2023-01-26
View Original
Added on
April 11, 2026
About this 8-K
Northrim Bancorp Inc filed this 8-K on January 30, 2023, reporting on events of January 26, 2023.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of Earliest Event Reported): | January 30, 2023 | ( | ) | ||||||||||||||
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(Exact name of registrant as specified in its charter)
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| ___________________________________ (Address of principal executive offices) | ___________ (Zip Code) | |||||||||||||
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Not Applicable
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Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act: None
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.126-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On January 26, 2023, the Board of Directors of Northrim BanCorp, Inc. (the “Company”) and its wholly owned subsidiary, Northrim Bank (the “Bank”), increased the number of directors of the Company and the Bank from twelve to thirteen. At the same meetings, the Board of Directors of the Company and the Bank appointed Marilyn F. Romano to serve on their respective boards, until the 2023 Annual Shareholders’ Meeting or until a successor has been elected and qualified.
The Board of Directors did not appoint Ms. Romano pursuant to any arrangements or understandings between Ms. Romano and the Company or the Bank and any other person.
Ms. Romano’s appointment to the Board of Directors of the Company and the Bank was disclosed publicly on January 30, 2023. A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(a) Financial statements – not applicable
(b) Proforma financial information – not applicable
(c) Shell company transactions – not applicable
| (d) Exhibit No. | Description | |||||||
| 99.1 | Press Release dated January 30, 2023, announcing the appointment of Marilyn F. Romano to the Board of Directors | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Northrim BanCorp, Inc. | ||||||||||||||
| January 30, 2023 | By: | /s/ Jed W. Ballard | ||||||||||||
| Name: Jed W. Ballard | ||||||||||||||
| Title: EVP, Chief Financial Officer | ||||||||||||||
Exhibit Index
| Exhibit No. | Description | |||||||
Exhibit 99.1
| Contact: | Joe Schierhorn, President, CEO, and COO | ||||
| (907) 261-3308 | |||||
| Jed Ballard, Chief Financial Officer | |||||
| (907) 261-3539 | |||||
| NEWS RELEASE | ||||||||||||||
Northrim BanCorp, Inc. Appoints Marilyn F. Romano to its Board of Directors
ANCHORAGE, Alaska - January 30, 2023 - Northrim BanCorp, Inc. (NASDAQ:NRIM) announced that Marilyn F. Romano has been appointed to the Board of Directors.
“We are pleased to have Marilyn join our Board,” said Joe Schierhorn, President and CEO. “Marilyn’s expertise spans a wide range of areas including strategic external relations, corporate giving, sales and marketing, communications and government affairs. Her knowledge and experience will be a notable addition to our Board of Directors.”
Romano is currently the Regional Vice President in Alaska for Alaska Airlines, where she maintains close relations with the over 1,900 employees in the state and the communities served by the airline. Prior to joining Alaska Airlines in 2011, Romano led the Fairbanks Daily News-Miner as Vice President/Publisher.
Romano has been involved with many organizations throughout Alaska, and currently serves as a board member on the Rasmuson Foundation, the Governor’s Aviation Advisory Board, the Waterfall Foundation, and the Alaska Airlines Foundation. In 2020, Romano was recognized as a Woman of Achievement by the Alaska YWCA. She has also been inducted into the ATHENA Society, honoring female leaders, awarded the Golden Heart Award from the University of Fairbanks and received a Top Forty Under 40 award.
Romano received an Executive MBA from the University of Washington, Michael G. Foster School of Business.
About Northrim BanCorp
Northrim BanCorp, Inc. is the parent company of Northrim Bank, an Alaska-based community bank with 18 branches in Anchorage, the Matanuska Valley, Soldotna, Juneau, Fairbanks, Ketchikan, Sitka, and Nome, and a loan production office in Kodiak, serving 90% of Alaska’s population; and an asset based lending division in Washington; and a wholly-owned mortgage brokerage company, Residential Mortgage Holding Company, LLC. The Bank differentiates itself with its detailed knowledge of Alaska’s economy and its “Customer First Service” philosophy. Pacific Wealth Advisors, LLC is an affiliated company of Northrim BanCorp.
www.northrim.com
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Note Transmitted on GlobeNewswire on January 30, 2023, at 12:15 pm Alaska Standard Time.