NPAs were $9.1 million at December 31, 2012, compared to $10.7 million in the preceding quarter and $12.5 million a year ago. Nonperforming loans declined to $4.5 million at December 31, 2012, as compared to $4.9 million at September 30, 2012, and $7.4 million a year ago. Other real estate owned (OREO) was $4.5 million at year end 2012, compared to $5.8 million in the preceding quarter and $5.2 million at the end of 2011.Loans measured for impairment totaled $13.1 million at December 31, 2012, compared to $13.1 million at the end of September 30, 2012, and $9.5 million in the fourth quarter a year ago.
Northrim BanCorp Profits Increased 14% To $12.9 Million, Or $1.97 Per Diluted Share, In 2012
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