NORTHRIM BANCORP INC 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS (a)-(b) Not applicable (c) The Company repurchased 27,887 shares of its common stock during the three-month period ending March 31, 2023. Total Number of Shares (or Units) Purchased Average Price Paid per Shares (or Unit) Total Number of Shares (or Units) Purchased as Part of the Publicly Announced Plans or Programs Maximum Number (1) (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs Period (a) (b) (c) (d) Month No. 1 January 1, 2022 - January 31, 2023 — $— — 285,000 Month No. 2 February 1, 2022 - February 28, 2023 — $— — 285,000 Month No. 3 March 1, 2022 - March 31, 2023 27,887 $47.60 27,887 257,113 Total 27,887 $47.60 27,887 257,113 (1) On January 27, 2023, the Company publicly announced that its Board of Directors had authorized the repurchase of up to an additional 285,000 shares of common stock. In the first quarter of 2023, the Company repurchased 27,887 shares, bringing the total shares remaining available and authorized for repurchase to 257,113. ITEM 6. EXHIBITS 31.1 Certification of Chief Executive Officer required by Rule 13a-14(a) or Rule 15d-14(a) 31.2 Certification of Chief Financial Officer required by Rule 13a-14(a) or Rule 15d-14(a) 32.1 Certification of Chief Executive Officer required by Rule 13a-14(b) or Rule 15d-14(b) and Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350 32.2 Certification of Chief Financial Officer required by Rule 13a-14(b) or Rule 15d-14(b) and Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350 53 101.INS Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document 101.SCH Inline XBRL Taxonomy Extension Schema Document 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document 101.LAB Inline XBRL Taxonomy Extension Labels Linkbase Document 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document 104 The cover page for the Company's Quarterly Report on 10-Q for the quarter ended March 31, 2023 - formatted in Inline XBRL (included in Exhibit 101) 54 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. NORTHRIM BANCORP, INC. May 5, 2023 By /s/ Joseph M. Schierhorn Joseph M. Schierhorn Chairman, President, Chief Executive Officer and Chief Operating Officer (Principal Executive Officer) May 5, 2023 By /s/ Jed W. Ballard Jed W. Ballard Executive Vice President, Chief Financial Officer (Principal Financial and Accounting Officer) 55