ANCHORAGE, Alaska (AP) — ANCHORAGE, Alaska (AP) — Northrim BanCorp Inc. (NRIM) on Wednesday reported net income of $13.7 million in its first quarter.

The Anchorage, Alaska-based bank said it had earnings of 61 cents per share.

The holding company for Northrim Bank posted revenue of $59.8 million in the period. Its revenue net of interest expense was $49.5 million, beating Street forecasts.

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