Northrim BanCorp Inc Salary

Northrim BanCorp Inc Salary

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As of August 2026, the average annual salary for employees at Northrim BanCorp Inc in the United States is $114,773. This translates to an approximate hourly wage of $55. Salaries at Northrim BanCorp Inc typically range from $100,561 to $130,255 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Northrim BanCorp Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Northrim BanCorp Inc. Based on our data, the highest paying job is the Executive Vice President & Chief Financial Officer, with an annual salary of $463,195. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Northrim BanCorp Inc

Ready for your next career move? Explore current job openings at Northrim BanCorp Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Northrim BanCorp Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Northrim BanCorp Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Hampton Roads Bankshares Inc $99,489
-13.3%
Hampton Roads Bankshares Inc focuses strategically on recruiting and training entry-level apprentices.
MUFG Bank NV $103,877
-9.5%
MUFG Bank NV likely leverages performance bonuses over the high base salary shown here.
KMC Holding Co $98,729
-14.0%
KMC Holding Co may offer non-monetary perks in lieu of competitive base salaries.
Financial Planners $115,828
+0.9%
Confirms Financial Planners is a direct competitor vying for the exact same talent pool.
Financial Services Industry $121,514
+5.9%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Northrim BanCorp Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Northrim BanCorp Inc. Click a company name to learn more.

Employee Reviews: Working at Northrim BanCorp Inc

Considering a career at Northrim BanCorp Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Despite having employees, the organization maintains agility, embracing cutting-edge technology and modern financial solutions. A fine place to begin a career. Recognition programs ensure outstanding work is noticed and rewarded, from spot bonuses to annual awards. Meetings are regular and productive, though they can feel repetitive. Transparency, collaboration, and accountability are prioritized.
Commented in February 26, 2025
36
2
Interaction with leadership is rare. Communication is formal, with limited opportunities for employee feedback to influence change. Work is steady with routine tasks. From operations to compliance, people collaborate openly and share information freely. You don’t feel like just another cog in the system here.
Commented in November 25, 2024
13
3
Benefits include competitive salaries, healthcare, and retirement plans. Colleagues share knowledge freely, creating a culture of transparency and teamwork. I enjoy showing up to work knowing I’ll grow. What stands out is how the organization maintains its core values while adapting to industry evolution. This transparency builds trust at all levels. The leadership team genuinely supports professi...
Commented in October 30, 2024
25
1
Communication is formal and usually through official channels. Work is structured and relatively stress-free. I genuinely enjoy my work and feel appreciated for the results I help deliver.
Commented in February 01, 2024
47
3

Northrim BanCorp Inc Overview

Website
www.northrim.com
Founded In
1990
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
3111 C St Anchorage Alaska AK 99503
Revenue
$50 Million - $200 Million
Phone Number
+1 9075620062
Social Media
About Northrim BanCorp Inc
Northrim BanCorp, Inc. operates as bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals primarily in Alaska. The company operates in two segments, Community Banking and Home Mortgage Lending. It offers various deposit products, including noninterest-bearing checking accounts and interest-bearing time deposits, chec

What Benefits Does Northrim BanCorp Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Northrim BanCorp Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Northrim BanCorp Inc?
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What Is the Cost of Living Near Anchorage?

Understanding the cost of living near Anchorage is key to truly evaluating a salary offer or your current compensation at Northrim BanCorp Inc.
Anchorage's Cost of Living Index is approximately 117.6 (17.6% more expensive than US average; 7.1% less than AK average). Primary drivers are significantly more expensive groceries, utilities, and housing. When planning your budget based on a salary from Northrim BanCorp Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Northrim BanCorp Inc salary. Location choices impact this heavily.
Utilities (Basic) $200 - $350 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 - $80 (People Mover Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $550 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,910 - $4,680+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Northrim BanCorp Inc

1. What is the typical salary range (low to high) for most roles at Northrim BanCorp Inc?

The typical annual salary range for most roles at Northrim BanCorp Inc is approximately from $100,561 to $130,255. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Northrim BanCorp Inc pay compared to Hampton Roads Bankshares Inc?

The average annual salary at Northrim BanCorp Inc is $114,773, or an hourly wage of $55, in comparison to Hampton Roads Bankshares Inc which pays $99,489 per year or $48 per hour.

3. Do salaries differ significantly between departments at Northrim BanCorp Inc?

Yes, salaries often differ between departments at Northrim BanCorp Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Northrim BanCorp Inc?

Experience level is a significant factor in determining salary at Northrim BanCorp Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Northrim BanCorp Inc in Anchorage is fair given the local cost of living?

To determine if a salary offer from Northrim BanCorp Inc in Anchorage is fair, first compare the gross salary to our data for similar roles at Northrim BanCorp Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Anchorage" to understand its purchasing power.

6. What are the key factors that influence salary levels at Northrim BanCorp Inc?

Several key factors influence salary levels at Northrim BanCorp Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Northrim BanCorp Inc likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.

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