NORTHRIM BANCORP INC [NRIM] - Northrim Bancorp / PBCO merger

Northrim Bancorp has agreed to acquire 100% of PBCO's common stock in an all-stock transaction valued at approximately $167.3 million, with PBCO shareholders receiving 1.160 shares of Northrim common stock for each share of PBCO common stock, equating to $32.36 per share based on Northrim's closing price on July 21, 2026.

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