secwatch.observer — SEC 8-K summary
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Issuer:     First Northwest Bancorp (FNWB)
CIK:        0001556727
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0001437749-25-002098
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Northwest Bancorp Q4 net loss $2.8M, EPS -$0.32 on $3.8M credit provision
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- Net loss of $2.8M in Q4 2024 vs. loss of $2.0M in Q3 2024 and $5.5M in Q4 2023.
- Basic and diluted EPS of -$0.32; adjusted pre-tax PPNR of $1.2M.
- Provision for credit losses on loans was $3.8M, driven by charge-offs of six commercial business loans.
- Board declared $0.07 per share quarterly dividend, payable Feb 28, 2025 to holders of record Feb 14.
- Highlights: FDIC consent order terminated, BOLI reinvested into higher-yielding policies, hedge added $1.1M interest income in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556727/000143774925002098/0001437749-25-002098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556727/000143774925002098/fnwb20241224_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-002098

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