secwatch.observer — SEC 8-K summary
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Issuer:     First Northwest Bancorp (FNWB)
CIK:        0001556727
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001437749-25-012906
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556727/000143774925012906/0001437749-25-012906-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556727/000143774925012906/fnwb20250409_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-012906

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