secwatch.observer — SEC 8-K summary
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Issuer:     First Northwest Bancorp (FNWB)
CIK:        0001556727
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001437749-22-024826
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Northwest Bancorp Q3 net income $4.3M vs $2.5M Q2; NIM expands to 3.88%
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- Net income $4.3M, diluted EPS $0.47; up from $2.5M ($0.27) in Q2 2022.
- Net interest margin improved to 3.88% from 3.77% Q2; net interest income rose 5.5% sequentially.
- Gross loans $1.53B, up 4.1% QoQ; total assets $2.09B, up 2.9% from Q2.
- Quarterly cash dividend of $0.07 per share declared, payable Nov 25 to holders of record Nov 10.
- CEO cited ~5% headcount reduction and lower Quin Ventures costs to drive efficiency ratio improvement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556727/000143774922024826/0001437749-22-024826-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556727/000143774922024826/fnwb20220818_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-024826

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer