{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-002651","form_type":"8-K","ticker":"FNWB","cik":"0001556727","company_name":"First Northwest Bancorp","filed_at":"2024-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.596761+00:00","generated_at":"2026-06-06T13:27:24.159394+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"First Northwest Bancorp enters sale-leaseback of 6 branches for $14.7M, expects ~$7.5M pre-tax gain","bullets":["Sale-leaseback of up to six branch properties for $14.67M; estimated pre-tax gain of ~$7.5M.","Annual rent of ~$1.35M; initial 15-year term with one 15-year renewal under triple-net leases.","Closing targeted late Q1/early Q2 2024; Mountainseed may terminate for any reason.","Company may sell securities portfolio in loss position to offset some of the gain.","All six properties are operating branches in Clallam/Jefferson Counties, Washington."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-002651","json":"https://secwatch.observer/filing/0001437749-24-002651.json","markdown":"https://secwatch.observer/filing/0001437749-24-002651.md","text":"https://secwatch.observer/filing/0001437749-24-002651.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1556727/000143774924002651/0001437749-24-002651-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1556727/000143774924002651/fnwb20240129_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T13:27:24.159394+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"18a3df0631b44676897e5eef98459a35b0aab96a","claim":"First Northwest Bancorp entered into Sale Agreement with Mountainseed Real Estate Services, LLC valued at $14.67 million (effective 2024-01-30).","evidence_excerpt":"On January 30, 2024, First Fed Bank (the “Bank”), a wholly-owned subsidiary of First Northwest Bancorp (the “Company”), entered into an agreement for the purchase and sale of real property (the “Sale Agreement”) with Mountainseed Real Estate Services, LLC, a Georgia limited liability company (“Mountainseed”), providing for the Bank’s sale to Mountainseed of up to six properties (the “Properties”) for an aggregate cash purchase price of $14.67 million, assuming all of the Properties are sold.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1556727/000143774924002651/0001437749-24-002651-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Mountainseed Real Estate Services, LLC"},{"label":"Value","value":"$14.67 million"},{"label":"Effective","value":"2024-01-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}