---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-031763"
form_type: "8-K"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2025-10-27T23:59:59+00:00"
generated_at: "2026-05-17T02:10:17.946363+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Northwest Q3 net income $802K ($0.09 EPS), down from $3.7M in Q2

## Summary
- Net interest margin improved to 2.91% from 2.83% QoQ; cost of deposits fell to 2.20%.
- Advances decreased $84.5M (27.3%) to $225M, boosting margin.
- Bank recorded $620K recapture of provision for credit losses on loans.
- Board elected not to declare a dividend for Q3; higher legal and executive compensation expenses.
- Total risk-based capital ratio improved to 13.7% from 13.1% in prior quarter.

## SEC filing metadata
- accession: 0001437749-25-031763
- form_type: 8-K
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2025-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556727/000143774925031763/0001437749-25-031763-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000143774925031763/fnwb20250827_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-031763
- JSON: https://secwatch.observer/filing/0001437749-25-031763.json
- Plain text: https://secwatch.observer/filing/0001437749-25-031763.txt

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