---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-020861"
form_type: "8-K"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:27:59.747031+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Northwest Bancorp Q2 net income $1.8M ($0.20 EPS), down from $3.5M in Q1

## Summary
- Net income $1.8M, diluted EPS $0.20, vs Q1 $3.5M ($0.39) and Q2 2022 $2.5M ($0.27).
- Net interest margin declined to 3.25% from 3.46% in Q1 and 3.77% a year ago.
- Efficiency ratio worsened to 86.01% from 79.78% in Q1.
- Total loans grew $90.6M YTD to $1.638B; total deposits grew $88.9M to $1.653B.
- Declared quarterly cash dividend $0.07 per share, payable Aug 25, record Aug 11.

## SEC filing metadata
- accession: 0001437749-23-020861
- form_type: 8-K
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556727/000143774923020861/0001437749-23-020861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000143774923020861/fnwb20230525_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-020861
- JSON: https://secwatch.observer/filing/0001437749-23-020861.json
- Plain text: https://secwatch.observer/filing/0001437749-23-020861.txt

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