---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-002150"
form_type: "8-K"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:18:50.112209+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Northwest Bancorp posts Q4 2023 net loss of $5.5M; dividend maintained at $0.07

## Summary
- Net loss of $5.5M ($0.62 per diluted share) vs net income of $2.5M in Q3 2023 and $6.1M in Q4 2022.
- Total revenue net of interest expense fell to $11.3M from $22.3M in Q4 2022; bond portfolio restructure cited.
- Nonperforming assets to total assets jumped to 0.85% from 0.11% in Q3 2023.
- Tangible book value per share rose to $16.83 from $16.03 in Q3 2023 and $16.13 in Q4 2022.
- Quarterly dividend of $0.07 per share declared, payable Feb 23, 2024 to holders of record Feb 9.

## SEC filing metadata
- accession: 0001437749-24-002150
- form_type: 8-K
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2024-01-25T23:59:59+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/1556727/000143774924002150/0001437749-24-002150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000143774924002150/fnwb20231128_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-002150
- JSON: https://secwatch.observer/filing/0001437749-24-002150.json
- Plain text: https://secwatch.observer/filing/0001437749-24-002150.txt

## Key facts
- Earnings Releases
  First Northwest Bancorp reported the quarter ended December 31, 2023 results: net income $(5.5) million, EPS $(0.62) per diluted share.
  - Period: the quarter ended December 31, 2023
  - Net income: $(5.5) million
  - EPS: $(0.62) per diluted share
  - Result: reported results
  source text: On January 25, 2024, First Northwest Bancorp issued an earnings release for the quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1556727/000143774924002150/0001437749-24-002150-index.htm

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