“I can’t tell if I like it, so that’s been hard.” JoJo, a real estate agent from Dallas, did find a house that she likes in her hometown, but her man, who is a California native, insisted on bringing his own bed during the move saying that he likes his bed so much. To this, JoJo countered, “I like my bed.” To test if they are ready to be a married couple, the two played “Fiance My Name”. To play the game, one of them answers questions about the other. They were able to get the answers right on each other’s childhood friends and favorite sports teams. However, they still need to work on knowing each other’s favorite songs and grandparents’ names. Jordan’s Alleged Infidelity and Estranged Brother During the “After the Final Rose Special”, JoJo was asked on the spot about Jordan’s rumored infidelity. Jordan denied the accusations and said that they were not even worth addressing. The Bachelorette’s host, Chris Harrison, then pressed Jordan about his relationship with his estranged brother, Green Bay Packers quarterback Aaron Rodgers, which has been a constant issue throughout the whole season of the show. Even as JoJo revealed that she had not met Aaron yet, Jordan said that his brother will be getting an invitation to their wedding.
For the original version including any supplementary images or video, visit The Bachelorette: JoJo Fletcher and Jordan Rodgers on Jimmy Kimmel Live! for the First Time as a Couple
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See page 20 of this release for reconciliations of these measures to GAAP financial measures. Year-to-date 2016 net income attributable to the Company totaled $7.7 million, or $1.11 per diluted share, compared to $8.3 million, or $1.20 per diluted share, in the first half of 2015. Total revenues, which include net interest income plus total other operating income, increased 11% in the second quarter of 2016 from the previous quarter and 1% from the second quarter a year ago. Second quarter 2016 revenues were $25.9 million, compared to $23.3 million in the preceding quarter and $25.8 million in the second quarter a year ago. Net interest income was down 1% in the second quarter of 2016 compared to both the first quarter of 2016 and the second quarter a year ago, primarily as a result of a decrease in average loan balances from the first quarter of 2016, and a decrease in the yield on portfolio loans compared to the second quarter of 2015. Other operating income increased 30% to $11.9 million in the second quarter of 2016 compared to the previous quarter and accounted for 46% of total revenues in the current quarter. In the preceding quarter, other operating income was $9.1 million and 39% of total revenues, and was $11.6 million and 45%, respectively, in the second quarter a year ago. NIM decreased slightly to 4.21% in the second quarter of 2016 compared to 4.23% in the first quarter of 2016 and 4.37% in the second quarter a year ago, while tax equivalent NIM* also declined compared to those periods, but still remained above peer average1 at 4.27% in the second quarter of 2016. The decrease in both NIM and tax equivalent NIM* in the current quarter compared to the year ago quarter is primarily the result of the increase in lower-yielding securities in the mix of interest earning assets. 1As of March 31, 2016, the SNL US Bank Index tracked 331 banks with averages for the following ratios: NIM (tax equivalent) 2.77%, return on average assets 0.88%, and return on average equity 7.67% Northrim paid a quarterly cash dividend of $0.19 per share in June 2016, up from the $0.18 per share dividend paid in June 2015. The dividend provides an annual yield of approximately 2.7% at current market share prices. Book value per share increased to $26.75 at the end of the second quarter of 2016 compared to $26.23 at the end of the previous quarter and $24.96 at the end of the second quarter of 2015. Tangible book value* increased to $23.30 per share at June 30, 2016, compared to $22.78 per share at March 31, 2016, and $21.47 per share a year ago, mainly as a result of a steady contribution from earnings less cash dividends paid. Northrim remains well-capitalized with Tier 1 Capital to Risk Adjusted Assets of 13.85% at June 30, 2016, compared to 13.66% at March 31, 2016, and 12.67% a year ago.
For the original version including any supplementary images or video, visit Northrim BanCorp Earns $4.4 Million, or $0.63 per Diluted Share in 2Q16