secwatch.observer — SEC 8-K summary
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Issuer:     First Northwest Bancorp (FNWB)
CIK:        0001556727
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001437749-26-002355
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Northwest Bancorp Q4 2025 net income $382k, EPS $0.04; no dividend declared
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- Net income $382k ($0.04 per share) vs net loss $2.8M (-$0.32) in Q4 2024; net interest margin improved to 3.00% from 2.73%.
- No dividend declared for current quarter; Board will evaluate future decisions based on capital strategy.
- First Fed to close Bellevue branch on April 30, 2026, reducing annual expenses by ~$900k; reflects shift to digital banking.
- Provision for credit losses on loans $466k in Q4 vs recapture $620k in Q3; brokered deposits down 17.1% to $86.5M.
- Bank continues defense in Socotra REIT and 3|5|2 Capital litigation; received insurance reimbursement in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556727/000143774926002355/0001437749-26-002355-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556727/000143774926002355/fnwb20251205_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-002355

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