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Northrim BanCorp Exchange Offer for $60M Subord Notes

Announced
Financial ServicesAlaskaOther

Deal Overview

Northrim BanCorp, Inc. filed Amendment No. 1 to its Form S-4 registration statement with the U.S. Securities and Exchange Commission on March 9, 2026. The filing relates to an offer to exchange $60,000,000 aggregate principal amount of 6.875% fixed-to-floating rate subordinated notes.

The prospectus states the registration statement is subject to completion and that securities will not be sold until the SEC registration becomes effective. The document also includes standard S-4/A procedural language about delaying effectiveness and updating the registration statement as needed.

Key Details

Target
Northrim BanCorp
Deal Size
$50M – $100M
Reported Value
$60,000,000 aggregate principal amount

Source

Read full article on sec.gov

via SEC EDGAR S-4/A · March 9, 2026

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