As of March 31, Northrim has produced more than 5,000 PPP loans. This total of $580 million accounts for approximately 30 percent of all PPP loans made in Alaska.
“Having a location in this area of town allows us to meet the diverse needs of the neighborhood and our customers,” says Northrim Chairman, President, and CEO Joe Schierhorn.
This year, the bank no only continued its traditional contributions but also saw the need to help those who were impacted by the COVID-19 pandemic.
Northrim Bank opened in 1990 with $8 million in capital and 21 employees; today the bank has more than $2.1 billion in assets and more than 325 employees.
Northrim Bank Chairman, President and CEO Joe Schierhorn announced the hiring of Todd K. Greimann, SVP- Regional Market Manager for Southeast Alaska, Mike Dye, VP- Lending Branch Manager in Soldotna, and Gary Finch, VP- Commercial Loan Officer V in Wasilla. The Bank has also promoted Jason Criqui, SVP- Commercial Loan Manager, Adam Baxter, VPCommercial Loan Officer V and Kelly McCormack, VP- Commercial Loan Officer V.