secwatch.observer — SEC 8-K summary
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Issuer:     First Northwest Bancorp (FNWB)
CIK:        0001556727
Form:       8-K
Filed at:   2026-09-18T13:30:16+00:00
Accession:  0001437749-26-030713
Event type: litigation
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

First Northwest Bancorp settles Socotra lawsuit for $1.3M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556727/000143774926030713/0001437749-26-030713-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556727/000143774926030713/fnwb20260915_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-030713

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