---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-013179"
form_type: "8-K"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:55:35.477431+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# First Northwest Bancorp posts Q1 net income of $0.4M, declares $0.07 dividend and new buyback plan

## Summary
- Net income $0.4M ($0.04 diluted EPS) vs Q4 loss of $5.5M; YoY net income was $3.5M.
- Total revenue net of interest expense $16.1M, down from $18.6M YoY; net interest margin 2.76% vs 3.46%.
- Board declared $0.07 quarterly dividend, payable May 24, 2024 to holders of record May 10, 2024.
- Board approved new stock buyback plan for up to 10% of outstanding shares; prior plan repurchased over 25% of IPO shares.

## SEC filing metadata
- accession: 0001437749-24-013179
- form_type: 8-K
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556727/000143774924013179/0001437749-24-013179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000143774924013179/fnwb20240327_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-013179
- JSON: https://secwatch.observer/filing/0001437749-24-013179.json
- Plain text: https://secwatch.observer/filing/0001437749-24-013179.txt

## Key facts
- Earnings Releases
  First Northwest Bancorp reported quarter ended March 31, 2024 results: net income $0.4 million, EPS $0.04 per share.
  - Period: quarter ended March 31, 2024
  - Net income: $0.4 million
  - EPS: $0.04 per share
  - Result: reported results
  source text: First Northwest Bancorp Reports First Quarter 2024 Financial Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1556727/000143774924013179/0001437749-24-013179-index.htm

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