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Liberty Northwest Bancorp, Inc. reported earnings of $15 thousand for the first quarter of 2024, compared to $1 thousand in the previous quarter and $9 thousand a year ago. Total assets were $186.8 million, with zero nonperforming assets. Net interest income was $1.05 million with a net interest margin of 2.42%. Total deposits increased to $140.5 million. Tangible book value per share rose to $7.74. The company's net interest margin contracted, but improvement is anticipated. Non-interest income was $73 thousand, and noninterest expense decreased by 4%. Capital ratios exceed regulatory requirements.
