---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-032398"
form_type: "8-K"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:13:28.807458+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# First Northwest Bancorp Q3 net loss $2.0M; restates Q2, cites material weakness; FDIC order terminated

## Summary
- Net loss $2.0M ($0.23 ps) vs net income $2.5M ($0.28) in Q3 2023; revenue $15.8M vs $17.9M.
- Provision for credit losses $3.1M in Q3 vs $0.4M a year ago; YTD total provision $12.8M.
- Restated Q2 2024 10-Q for $8.7M provision; identified material weakness in loan internal controls.
- FDIC consent order terminated less than one year after issuance; CEO praises staff and board.
- Nonperforming assets to total assets 1.35% vs 0.11% a year ago; Water Station equipment lender litigation ongoing.

## SEC filing metadata
- accession: 0001437749-24-032398
- form_type: 8-K
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556727/000143774924032398/0001437749-24-032398-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000143774924032398/fnwb20240826_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-032398
- JSON: https://secwatch.observer/filing/0001437749-24-032398.json
- Plain text: https://secwatch.observer/filing/0001437749-24-032398.txt

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