SC 13G 1 northrimbancorp.txt NORTHRIM BANCORP INC. Securities and Exchange Commission Washington, D. C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No. 0) Northrim Bancorp Inc. Common Stock CUSIP Number 666762109 Date of Event Which Requires Filing of this Statement: December 31, 2001 CUSIP No. 666762109 1) Name of reporting person: Legg Mason, Inc. Tax Identification No.: 52-1200960 2) Check the appropriate box if a member of a group: a) n/a b) n/a 3) SEC use only 4) Place of organization: Maryland Number of shares beneficially owned by each reporting person with: 5) Sole voting power: - 0 - 6) Shared voting power: 385,807 7) Sole dispositive power: - 0 - 8) Shared dispositive power: 385,807 9) Aggregate amount beneficially owned by each reporting person: 385,807 10) Check if the aggregate amount in row (9) excludes certain shares: n/a 11) Percent of class represented by amount in row (9): 6.32% 12) Type of reporting person: HC, CO ___________________________________________________________________ Item 1a) Name of issuer: Northrim Bancorp Inc. Item 1b) Address of issuer's principal executive offices: P. O. Box 241489 Anchorage, Alaska 99524-1489 Item 2a) Name of person filing: Legg Mason, Inc. Item 2b) Address of principal business office: 100 Light Street Baltimore, MD 21202 Item 2c) Citizenship: Maryland Corporation Item 2d) Title of class of securities: Common Stock Item 2e) CUSIP number: 666762109 Item 3) If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a : (a) [ ] Broker or dealer under Section 15 of the Act. (b) [ ] Bank as defined in Section 3(a) (6) of the Act. (c) [ ] Insurance Company as defined in Section 3(a) (6) of the Act. (d) [ ] Investment Company registered under Section 8 of the Investment Company Act. (e) [ ] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940. (f) [ ] Employee Benefit Plan, Pension Fund which is subject to ERISA of 1974 or Endowment Fund; see 240.13d-1(b)(ii)(F). (g) [ X] Parent holding company, in accordance with 240.13d-1(b)(ii)(G). (h) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(H). Item 4) Ownership: (a) Amount beneficially owned: 385,807 (b) Percent of Class: 6.32% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: - 0 - (ii) shared power to vote or to direct the vote: 385,807 (iii) sole power to dispose or to direct the disposition of: - 0 - (iv) shared power to dispose or to direct the disposition of: 385,807 Item 5) Ownership of Five Percent or less of a class: n/a Item 6) Ownership of more than Five Percent on behalf of another person: Various accounts managed by the investment advisory subsidiaries described in Item 7 have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of shares of Northrim Bancorp Inc. Accounts managed by Gray, Seifert & Co., Inc., in the aggregate, have the right to receive or the power to direct the receipt of dividends from,or the proceeds from the sale of, 327,899 shares, or 5.37%, of the total shares outstanding of Northrim Bancorp Inc. No individual account holds more than 5% of the shares outstanding. Item 7) Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company: Gray, Seifert & Co., Inc., investment adviser Brandywine Asset Management, LLC, investment adviser Item 8) Identification and classification of members of the group: n/a Item 9) Notice of dissolution of group: n/a Item 10) Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature ----------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. --------------------------- Date - March 4, 2002 ______________________________________________________________ Timothy C. Scheve, Sr. Ex. Vice President, Legg Mason, Inc. Joint Filing Agreement --------------------------- Each party signing below agrees that this statement is submitted as a joint filing on behalf of all of the undersigned. Legg Mason, Inc. By__________________________________________ Timothy C. Scheve, Sr. Ex. Vice President Gray, Seifert & Co., Inc. By __________________________________________ Christopher J. Elliman, President