---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-030713"
form_type: "8-K"
ticker: "FNWB"
cik: "0001556727"
company_name: "First Northwest Bancorp"
filed_at: "2026-09-18T13:30:16+00:00"
generated_at: "2026-09-18T13:31:07.612020+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# First Northwest Bancorp settles Socotra lawsuit for $1.3M

## Summary
- Bank agreed to pay $1.3M cash within 30 days of settlement dated Sept 15, 2026.
- Socotra REIT I, LLC claimed misrepresentation, fraud, conversion, and Consumer Protection Act violations.
- Settlement includes full release and dismissal of complaint with prejudice; no admission of liability.
- Company cites avoiding costs, uncertainties, and distraction of continued litigation.

## SEC filing metadata
- accession: 0001437749-26-030713
- form_type: 8-K
- ticker: FNWB
- cik: 0001556727
- company_name: First Northwest Bancorp
- filed_at: 2026-09-18T13:30:16+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1556727/000143774926030713/0001437749-26-030713-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1556727/000143774926030713/fnwb20260915_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-030713
- JSON: https://secwatch.observer/filing/0001437749-26-030713.json
- Plain text: https://secwatch.observer/filing/0001437749-26-030713.txt

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