Northrim Bank vs Mt Mckinley Bank
Side-by-side bank health comparison using FDIC financial data
Northrim Bank and Mt Mckinley Bank are meaningfully apart on the BankHealth rubric: Northrim Bank grades B, Mt Mckinley Bank grades D. Size-wise, Northrim Bank holds $2.8B in assets versus $637M at Mt Mckinley Bank.
Northrim Bank comes out ahead on the composite score. For depositors comparing banks, the spread is large enough to be informative — though for amounts below FDIC insurance limits, both banks are operationally similar from a safety-of-deposits perspective.
Verdict
Northrim Bank has a stronger Bank Health Score of 79/100 (B) compared to Mt Mckinley Bank at 48/100 (D), a difference of 31 points. Northrim Bank holds a Tier 1 capital ratio of 10.28% and an NPL ratio of 0.24%.
| Metric | Northrim Bank | Mt Mckinley Bank |
|---|---|---|
| Health Score Composite score (0-100) based on capital, loan quality, liquidity, and profitability | 79/100 (B)* | 48/100 (D) |
| Tier 1 Capital Ratio Core equity capital as % of risk-weighted assets (8%+ is well-capitalized) | 10.3%* | 0.0% |
| NPL Ratio Nonperforming loans as % of total loans (lower is better) | 0.2%* | 2.0% |
| Liquidity Ratio Cash and liquid assets vs obligations | 24.1% | 53.4%* |
| Return on Assets Profitability metric (above 1% is strong) | 1.7%* | 0.6% |
| Total Assets | $2.8B | $637M |
| Total Deposits | $2.5B | $535M |
| Location | Anchorage, Alaska | Fairbanks, Alaska |
Northrim Bank has a stronger Bank Health Score of 79/100 (B) compared to Mt Mckinley Bank at 48/100 (D), a difference of 31 points. Northrim Bank holds a Tier 1 capital ratio of 10.28% and an NPL ratio of 0.24%.