secwatch.observer — SEC 8-K summary
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Issuer:     First Northwest Bancorp (FNWB)
CIK:        0001556727
Form:       8-K
Filed at:   2025-07-24T23:59:59+00:00
Accession:  0001437749-25-023378
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Northwest Bancorp reports Q2 net income $3.7M vs prior Q loss $9.0M; no dividend declared
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- Net income of $3.7M ($0.42 EPS) vs net loss of $9.0M ($1.03 loss/share) in Q1 2025 and net loss of $2.2M ($0.25 loss/share) in Q2 2024.
- Net interest margin expanded to 2.83% from 2.76% in preceding quarter; efficiency ratio improved to 78.0% from 113.5%.
- Recorded a $296K recapture of provision for credit losses on loans; prior Q had $7.8M provision, Q2 2024 had $8.7M provision.
- Board elected not to declare a quarterly dividend as part of prudent capital management; prior quarter also had no dividend.
- Company continues to dispute allegations in legal proceedings disclosed in June 13, 2025 8-K and intends to vigorously defend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556727/000143774925023378/0001437749-25-023378-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556727/000143774925023378/fnwb20250520_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-023378

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