PUBLIC NOTICE OF INTENT OF THE DEPARTMENT OF COMMERCE, COMMUNITY, AND ECONOMIC DEVELOPMENT TO APPROVE THE MERGER OF PEOPLES BANK OF COMMERCE INTO NORTHRIM BANK

An application of merger has been filed for the merger of People’s Bank of Commerce, Medford, Oregon with and into Northrim Bank, Anchorage, Alaska.

Notice is hereby given that the Department of Commerce, Community and Economic Development; Division of Banking and Securities, intends to approve the application and issue a Certificate of Merger pursuant to AS 06.01.030(e) and AS 06.05.

Notice is given that any person interested may present written statements or arguments relevant to this application by mailing them to the Department of Commerce, Community and Economic Development; Division of Banking and Securities, 550 W. 7th Ave., STE 1850, Anchorage, AK 99501, before December 16, 2026, after which the department may approve or disapprove the application without further notice.

/s/ Tracy Reno, Director Date: November 12, 2026.