Acquiring Company
Northrim BanCorp
Acquired Company
PBCO Financial Corporation
AnchorageMedfordFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceFintechLendingBankingDescription
Northrim BanCorp, Inc. has signed a definitive agreement to acquire 100% of PBCO Financial Corporation in an all-stock transaction. Each PBCO shareholder will receive 1.160 shares of Northrim common stock for each share held. The deal, valued at approximately $167.3 million, is expected to enhance the combined asset base to over $4 billion. This merger will enable both banks to expand their services and capabilities for their customers.
Quick answer
Northrim BanCorp is acquiring PBCO Financial Corporation, announced July 23, 2026. Northrim BanCorp is based in Anchorage, Alaska, United States.
- How much did Northrim BanCorp pay for PBCO Financial Corporation?
- The deal value was not disclosed.
- What does Northrim BanCorp do?
- Northrim BanCorp, Inc. is a bank holding company for Northrim Bank, providing commercial banking products and services to businesses and professional individuals through its Community Banking, Home Mortgage Lending, and..
- Where are Northrim BanCorp and PBCO Financial Corporation based?
- Northrim BanCorp is based in Anchorage, Alaska, United States. PBCO Financial Corporation is based in Medford, Oregon, United States.
- Who are the decision-makers at Northrim BanCorp?
- Fundz holds 4 contacts at Northrim BanCorp. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Northrim BanCorp, and when
When Northrim BanCorp changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Northrim BanCorp raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Northrim BanCorp, from your own LinkedIn network
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Related People
Frequently asked
Who acquired PBCO Financial Corporation?
PBCO Financial Corporation was acquired by Northrim BanCorp, based in Anchorage. The deal was reported on July 23, 2026. Northrim BanCorp, Inc. Northrim BanCorp is publicly traded (NRIM) and operates in Financial Services.
When did Northrim BanCorp acquire PBCO Financial Corporation?
Northrim BanCorp's acquisition of PBCO Financial Corporation was reported on July 23, 2026. Northrim BanCorp, Inc. has signed a definitive agreement to acquire 100% of PBCO Financial Corporation in an all-stock transaction. Each PBCO shareholder will receive 1.160 shares of Northrim common stock for each share held. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PBCO Financial Corporation do?
PBCO Financial Corporation is the holding company of People’s Bank of Commerce. The bank has been serving the community for many years, focusing on personalized banking solutions and strong customer relationships. It is privately held, operating in Financial Services, and is based in Medford.
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