Velarion · Company Intelligence
CompBrief
Fiscal year 2025

Michael Huston — FY2025 total compensation $1,491,789

Michael Huston is Chairman, President, Chief Executive Officer and Chief Operating Officer of the Company. Chairman, President, and Chief Executive Officer of the Bank of Northrim Bancorp Inc (NRIM). The company reported total compensation of $1,491,789 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$572,039
Bonus$0
Stock awards$358,133
Option awards$0
Non-equity incentive plan$386,126
Pension and non-qualified deferred compensation$36,791
All other compensation$138,700
Total$1,491,789

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Northrim Bancorp Inc filed April 14, 2026, accession 0001163370-26-000012.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025Chairman, President, Chief Executive Officer and Chief Operating Officer of the Company. Chairman, President, and Chief Executive Officer of the Bank$572,039$0$358,133$0$386,126$36,791$138,700$1,491,789
FY2024President, Chief Executive Officer and Chief Operating Officer of the Company. President and Chief Executive Officer of the Bank$482,742$0$176,475$0$304,127$409$92,207$1,055,960
FY2023President, Chief Executive Officer and Chief Operating Officer of the Company. President and Chief Executive Officer of the Bank$356,468$0$138,652$0$119,773$23$80,672$695,588

Totals as disclosed in each year's own compensation disclosure for Northrim Bancorp Inc.

03

Peer context

Peer-group chief executive median$1,345,480
Difference from that median$146,309
Percentile within the disclosed peer group62nd
Peers with a disclosed figure13

Medians and percentiles are computed across the peer group Northrim Bancorp Inc discloses in its own compensation disclosure.

04

The other named executive officers of Northrim Bancorp Inc

Named executive officerRoleFY2025 total
Michael Huston this pageChairman, President, Chief Executive Officer and Chief Operating Officer of the Company. Chairman, President, and Chief Executive Officer of the Bank$1,491,789
Jed BallardExecutive Vice President, Chief Financial Officer of the Company and the Bank$904,344
Amber ZinsExecutive Vice President, Chief Operating Officer of the Bank$738,628
Jason CriquiExecutive Vice President, Chief Banking Officer of the Bank$627,886
Mark EdwardsExecutive Vice President, Chief Credit Officer of the Bank$592,820

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Northrim Bancorp Inc compensation brief.

05

The company page

Michael Huston's compensation sits inside Northrim Bancorp Inc's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Northrim Bancorp Inc (NRIM) compensation brief