{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-013774","form_type":"8-K","ticker":"FNWB","cik":"0001556727","company_name":"First Northwest Bancorp","filed_at":"2026-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.460965+00:00","generated_at":"2026-05-15T01:54:23.094246+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FNWB Q1 2026 net income $6,000 ($0.00 EPS); near-zero profit despite NIM expansion","bullets":["Q1 2026 net income of $6,000 ($0.00 EPS) vs Q4 2025 net income $382,000 ($0.04 EPS); Q1 2025 net loss $9.0M.","Net interest margin expanded for sixth consecutive quarter to 3.03% vs 3.00% in Q4 2025; cost of deposits fell to 2.04%.","Customer deposits rose $24.9M to $1.54B; brokered deposits decreased $22.4M to $64.1M.","Bank continues to defend legal proceedings; updates on Socotra REIT matter and motion to dismiss counterclaims.","CEO expects transformation-driven improvement in second half of 2026 and stronger performance in 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-013774","json":"https://secwatch.observer/filing/0001437749-26-013774.json","markdown":"https://secwatch.observer/filing/0001437749-26-013774.md","text":"https://secwatch.observer/filing/0001437749-26-013774.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1556727/000143774926013774/0001437749-26-013774-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1556727/000143774926013774/fnwb20260407_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:54:23.094246+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5c212996afd261d6d75d121f723b9e7b8d3a99a7","claim":"First Northwest Bancorp reported the quarter ended March 31, 2026 results: net income net income of $6,000, EPS $0.00.","evidence_excerpt":"First Northwest Bancorp (Nasdaq: FNWB) (\"First Northwest\" or the \"Company\"), the holding company for First Fed Bank (\"First Fed\" or the \"Bank\"), today reported net income of $6,000 for the first quarter of 2026 , compared to net income of $382,000 for the fourth quarter of 2025 and a net loss of $9.0 million for the first quarter of 2025 . Basic and diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1556727/000143774926013774/0001437749-26-013774-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Net income","value":"net income of $6,000"},{"label":"EPS","value":"$0.00"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}