Northrim Bancorp Inc (NRIM) Files Form 4 Insider Buying : David J Mccambridge Buys 850 Shares

Northrim Bancorp Inc (NRIM): David J Mccambridge , director of Northrim Bancorp Inc purchased 850 shares on Jun 8, 2016. The Insider buying transaction was reported by the company on Jun 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $26.78 per share for a total value of $22,763.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 9, 2016, David J Mccambridge (director) purchased 850 shares at $26.78 per share price.On Jun 6, 2016, John C Swalling (director) purchased 800 shares at $26.17 per share price.Also, On Jun 2, 2016, Latosha M Frye (EVP, CFO) purchased 34 shares at $26.69 per share price.On Jun 1, 2016, Mark G Copeland (director) purchased 744 shares at $26.69 per share price.

Northrim BanCorp: On Thursday, Jun 9, 2016 heightened volatility was witnessed in Northrim BanCorp which led to swings in the share price. The shares opened for trading at $26.28 and hit $26.95 on the upside , eventually ending the session at $26.72, with a gain of 1.71% or 0.45 points. The heightened volatility saw the trading volume jump to 24,233 shares. The 52-week high of the share price is $29.75 and the company has a market cap of $184 M . The 52-week low of the share price is at $21.6.

Northrim BanCorp Money Flow Index Chart

On May 27, 2016, Northrim BanCorp announced a cash dividend of $0.1900. The company’s management has announced Jun 14, 2016 as the ex-dividend date and fixed the record date on Jun 16, 2016. The payable date has been fixed on Jun 24, 2016.

Northrim BanCorp Inc. is a bank holding company. The Company operates in two 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. The Community Banking segment operates approximately 14 branches throughout Alaska. The Home Mortgage Lending segment’s principal business focus is the origination and sale of mortgage loans for one-to-four family residential properties. The Company has four wholly owned subsidiaries: Northrim Bank (the Bank) Northrim Investment Services Company (NISC) Northrim Capital Trust I (NCTI) and Northrim Statutory Trust 2 (NST2). The Bank has two wholly owned subsidiaries: Northrim Capital Investments Co. (NCIC) and Northrim Building LLC (NBL).

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