Northrim BanCorp Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Northrim BanCorp, Inc. on September 7, 2006. The report discloses a corporate governance event involving the election of a new director to the boards of Northrim BanCorp, Inc. and its wholly-owned subsidiary, Northrim Bank.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a personnel change and does not contain financial performance data.
Material Changes
Effective September 7, 2006, the Board of Directors elected David G. Wight as a director. He will serve until the 2007 Annual Shareholders' Meeting or until a successor is elected and qualified. No other material changes to operations or financial status were reported in this document.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, or discussion of risks and contingencies. It notes that Mr. Wight has not yet been appointed to any committees and has no related transactions or relationships with the Company or the Bank at this time.
Key Facts for Investors
- David G. Wight was elected to the Board of Directors of Northrim BanCorp, Inc. and Northrim Bank effective September 7, 2006.
- Mr. Wight's term continues until the 2007 Annual Shareholders' Meeting.
- Mr. Wight currently holds no committee assignments and has no disclosed related party transactions.
- This filing does not include financial results or forward-looking statements.