secwatch.observer — SEC 8-K summary
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Issuer:     First Northwest Bancorp (FNWB)
CIK:        0001556727
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0001437749-24-002150
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 posts Q4 2023 net loss of $5.5M; dividend maintained at $0.07
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556727/000143774924002150/0001437749-24-002150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556727/000143774924002150/fnwb20231128_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-002150

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