---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-012906"
form_type: "8-K"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T06:59:55.729084+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Northwest Bancorp Q1 net income $1.5M ($0.17 EPS) vs net loss $2.8M in Q4

## Summary
- Net income $1.5M ($0.17 per share) in Q1 2025 compared to net loss $2.8M ($0.32 per share) in Q4 2024.
- Adjusted pre-tax pre-provision net revenue (PPNR) of $1.5M, up from $1.4M in Q4 2024 and $1.2M in Q1 2024.
- Declared quarterly dividend of $0.07 per share, payable May 23, 2025 to shareholders of record May 9, 2025.
- Provision for credit losses $1.6M including $1.4M charge-offs on commercial and consumer loans; nonperforming loans down 14% QoQ.
- Reduced borrowings by $28.9M; brokered deposits down $45M while core customer deposits grew $23.0M.

## SEC filing metadata
- accession: 0001437749-25-012906
- form_type: 8-K
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556727/000143774925012906/0001437749-25-012906-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000143774925012906/fnwb20250409_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-012906
- JSON: https://secwatch.observer/filing/0001437749-25-012906.json
- Plain text: https://secwatch.observer/filing/0001437749-25-012906.txt

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