secwatch.observer — SEC 8-K summary
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Issuer:     First Northwest Bancorp (FNWB)
CIK:        0001556727
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001437749-24-013179
Event type: earnings
Sentiment:  positive
Materiality: 0.40
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556727/000143774924013179/0001437749-24-013179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556727/000143774924013179/fnwb20240327_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-013179

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