---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-011126"
form_type: "8-K"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:47:42.535184+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Northwest Bancorp Q1 net income $3.5M ($0.39 EPS); declares $0.07 dividend

## Summary
- Net income of $3.5M vs $2.8M in Q1 2022; operating revenue $18.6M.
- Loan growth of $31.9M (2%) YTD; deposit growth of $30.0M, retail up 2%.
- Quarterly cash dividend of $0.07 per share payable May 26, 2023.
- Asset quality stable; net charge-off ratio 0.25%, nonperforming assets 0.12% of assets.

## SEC filing metadata
- accession: 0001437749-23-011126
- form_type: 8-K
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556727/000143774923011126/0001437749-23-011126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000143774923011126/fnwb20230227_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-011126
- JSON: https://secwatch.observer/filing/0001437749-23-011126.json
- Plain text: https://secwatch.observer/filing/0001437749-23-011126.txt

## Key facts
- Earnings Releases
  First Northwest Bancorp reported the quarter ended March 31, 2023 results: revenue $ 18.6, net income 3.5, EPS $ 0.39.
  - Period: the quarter ended March 31, 2023
  - Revenue: $ 18.6
  - Net income: 3.5
  - EPS: $ 0.39
  - Result: reported results
  source text: on May 12, 2023 . FINANCIAL HIGHLIGHTS 1Q 23 4Q 22 1Q 22 x 1Q 23 Highlights FINANCIAL RESULTS (in millions) ● Deposit growth year-to-date of $30.0 million Operating revenue (1) $ 18.6 $ 22.3 $ 17.9 – Retail growth $29.3 million, or 2.0% Noninterest expense 14.9 15.1 14.8 – Brokered growth $654,000, or 0.5% Pre-provision net income 16.3 18.9 15.5 Net income 3.5
  evidence_url: https://www.sec.gov/Archives/edgar/data/1556727/000143774923011126/0001437749-23-011126-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.