{"schema_version":"secwatch.filing_event.v1","accession":"0000939057-24-000091","form_type":"8-K","ticker":null,"cik":"0001401564","company_name":"First Financial Northwest, Inc.","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.250604+00:00","generated_at":"2026-06-03T04:15:13.510644+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"FFNW posts Q1 net loss of $1.1M on pension annuity and merger costs","bullets":["Net loss of $1.1M ($0.12 diluted loss) vs net income of $1.2M in Q4 2023 and $2.1M in Q1 2023.","Recognized $1.2M pretax expense for single premium group annuity to settle frozen defined benefit plan.","Incurred $767K pretax expenses related to pending asset sale to Global Federal Credit Union.","Net interest margin improved slightly to 2.55% from 2.54% linked quarter; loan yield rose to 5.88%.","Credit quality strong with $201K nonaccrual loans (0.02% of loans); $175K recapture of provision for credit losses."],"urls":{"canonical":"https://secwatch.observer/filing/0000939057-24-000091","json":"https://secwatch.observer/filing/0000939057-24-000091.json","markdown":"https://secwatch.observer/filing/0000939057-24-000091.md","text":"https://secwatch.observer/filing/0000939057-24-000091.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1401564/000093905724000091/0000939057-24-000091-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1401564/000093905724000091/ffnw8k43024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:15:13.510644+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1c7618854db265b966ac294a00ef6d4cf5a3f38e","claim":"First Financial Northwest, Inc. reported the quarter ended March 31, 2023 results: net income net income of $2.1 million, or $0.23 per diluted share.","evidence_excerpt":"First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today reported a net loss of $1.1 million, or $0.12 per diluted share, for the quarter ended March 31, 2024, compared to net income of $1.2 million, or $0.13 per diluted share, for the quarter ended December 31, 2023, and net income of $2.1 million, or $0.23 per diluted share, for the quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401564/000093905724000091/0000939057-24-000091-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"net income of $2.1 million, or $0.23 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"2c10791d8b7e0ed5a3fc0d2df5bf727d6c04428c","claim":"First Financial Northwest, Inc. reported the quarter ended December 31, 2023 results: net income net income of $1.2 million, or $0.13 per diluted share.","evidence_excerpt":"First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today reported a net loss of $1.1 million, or $0.12 per diluted share, for the quarter ended March 31, 2024, compared to net income of $1.2 million, or $0.13 per diluted share, for the quarter ended December 31, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401564/000093905724000091/0000939057-24-000091-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Net income","value":"net income of $1.2 million, or $0.13 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a4a8ae04839b0e49495793c0e3b2bb3ed0e8765e","claim":"First Financial Northwest, Inc. reported the quarter ended March 31, 2024 results: net income a net loss of $1.1 million, or $0.12 per diluted share.","evidence_excerpt":"First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today reported a net loss of $1.1 million, or $0.12 per diluted share, for the quarter ended March 31, 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401564/000093905724000091/0000939057-24-000091-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Net income","value":"a net loss of $1.1 million, or $0.12 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}