secwatch.observer — SEC 8-K summary
======================================

Issuer:     First Northwest Bancorp (FNWB)
CIK:        0001556727
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001437749-23-020861
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556727/000143774923020861/0001437749-23-020861-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556727/000143774923020861/fnwb20230525_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-020861

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