06/21/2007 | Press release | Archived content
ANCHORAGE, Ala., June 21, 2007 (PRIME NEWSWIRE) -- Northrim BanCorp, Inc.'s (Nasdaq:NRIM) Board of Directors announced a quarterly cash dividend of $0.15 per share. This dividend, Northrim's 50th consecutive quarterly distribution, will be paid on July 27, 2007 to shareholders of record as of the close of business on July 16, 2007.
"Cash dividends are one way to reward our shareholders for their continuing confidence in our business," said Marc Langland, Northrim President and CEO.
Northrim BanCorp, Inc. is the parent company of Northrim Bank, a full-service commercial bank that provides a full range of personal and business banking services through locations in Anchorage, Eagle River, Wasilla, and Fairbanks, Alaska, and an asset-based lending division in Washington. The bank differentiates itself with a "Customer First Service" philosophy. Affiliated companies include Elliott Cove Capital Management, LLC; Residential Mortgage; and Northrim Benefits Group, LLC.
The Northrim BanCorp, Inc. logo is available at https://http://www.primenewswire.com/newsroom/prs/?pkgid=3818
CONTACT: Northrim BanCorp, Inc.Joe Schierhorn, CFO (907) 261-3308