---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-016128"
form_type: "8-K/A"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-21T23:35:54.876159+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Northwest Bancorp reports Q1 net loss $9.0M, $1.03 loss per share, $7.8M provision, $5.8M legal reserve

## Summary
- Net loss of $9.0M ($1.03 per share) vs net income of $396K ($0.04) in Q1 2024.
- Recorded $7.8M provision for credit losses, primarily due to $7.7M charge-offs on two commercial real estate loans.
- Recorded a $5.8M legal reserve in other expense related to a legal matter (see quarterly report).
- Core customer deposits grew $23.0M; brokered deposits decreased $45.0M.
- Quarterly dividend of $0.07 per share, payable May 23, 2025.

## SEC filing metadata
- accession: 0001437749-25-016128
- form_type: 8-K/A
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556727/000143774925016128/0001437749-25-016128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000143774925016128/fnwb20250506_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-016128
- JSON: https://secwatch.observer/filing/0001437749-25-016128.json
- Plain text: https://secwatch.observer/filing/0001437749-25-016128.txt

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