Changed Risks for NORTHRIM BANCORP INC (NRIM)

Here are risks that changed year over year. risks from the recent filings of NORTHRIM BANCORP INC. Our algorithms work hard to highlight risks unique to this company.

Natural disasters and adverse weather could negatively affect real estate property values and Bank operations

Our business is highly reliant on third party vendor

Certain hedging strategies that we use to mange interest rate risk may be ineffective to offset any adverse changes in the fair value of these assets due to changes in interest rates and market liquidity

There can be no assurance that the Company will continue to declare cash dividends or repurchase stock

Our information systems or those of our third party vendors may be subject to an interruption or breach in security, including as a result of cyber attacks