Item 8.01 Other Events.

On January 28, 2022, Northrim BanCorp, Inc. (the "Company") announced by press release that the Board of Directors approved and authorized for repurchase up to an additional 300,000 shares of its common stock, or approximately 5% of the currently issued and outstanding shares.

A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(a) Financial statements - not applicable (b) Proforma financial information - not applicable (c) Shell company transactions - not applicable


              (d) Exhibit No.      Description

              99.1                 Press Release dated January 28, 2022

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