Welcome to our dedicated page for First Northwest SEC filings (Ticker: FNWB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for First Northwest Bancorp (NASDAQ: FNWB), the financial holding company for First Fed Bank. Through these regulatory documents, investors can review how the company reports its banking activities, capital position, and risk profile as a savings institution operating in the finance and insurance sector.
First Northwest Bancorp’s SEC filings include current reports on Form 8-K that disclose material events such as quarterly earnings releases, slide presentations on financial trends, leadership transitions, director appointments, and the resolution of legal matters. For example, recent 8-K filings have furnished earnings releases for specific quarters, described a settlement agreement related to an adversary proceeding involving certain borrowers, and detailed changes in executive and board roles.
In addition to 8-Ks, investors typically look to annual reports on Form 10-K and quarterly reports on Form 10-Q for comprehensive discussions of loan portfolio composition, allowance for credit losses on loans (ACLL), nonperforming and classified loans, capital ratios at First Fed, and risk management practices. These filings also describe the company’s business model, including its focus on first lien one- to four-family mortgage loans, commercial and multi-family real estate loans, construction and land loans, commercial business loans, and consumer loans.
Stock Titan enhances these filings with AI-powered summaries that highlight key points, explain technical terms, and help users quickly understand the implications of lengthy documents. Real-time updates from the SEC’s EDGAR system ensure that new filings, such as earnings-related 8-Ks or disclosures about legal settlements and governance changes, appear promptly. Users can also review information related to equity awards and director compensation where disclosed, as well as track how management discusses capital management decisions, dividend declarations, and non-GAAP measures like adjusted pre-tax, pre-provision net revenue (PPNR).
By combining official FNWB filings with AI-generated insights, this page helps investors, researchers, and other stakeholders interpret the company’s regulatory disclosures and monitor developments in its community banking and financial holding company activities over time.
First Northwest Bancorp is soliciting shareholder votes for its 2026 Annual Meeting to be held in person at 4:00 p.m. (Pacific Time) on May 19, 2026. The proxy materials request approval of five proposals: election of nine directors; approval of amended articles to remove certain 80% supermajority provisions and permit director removal with or without cause; approval of an Amended and Restated 2020 Equity Incentive Plan that would increase the share reserve from 520,000 to 820,000 shares (a proposed increase of 300,000 shares); an advisory (non-binding) vote on executive compensation; and ratification of Baker Tilly US, LLP as independent auditors.
The Board recommends a vote FOR each proposal. Voting instructions and proxy delivery options are provided in the materials; the Articles amendment will be effective upon filing if approved and requires an 80% affirmative vote at the meeting to adopt.
First Northwest Bancorp presents its 2025 annual report, highlighting a loan portfolio of $1.63 billion at December 31, 2025, led by real estate loans at 69.4%, consumer loans at 22.6%, and commercial business loans at 8.0%.
Nonaccrual loans fell to $22.6 million, or 1.4% of total loans, while nonperforming assets were $24.0 million, or 1.1% of total assets. The allowance for credit losses on loans was $17.0 million, equal to 1.04% of loans. The bank operates 17 locations across Washington and continues to expand in the Puget Sound region, with one King County branch scheduled to close on April 30, 2026.
First Northwest Bancorp EVP and Chief Innovation Officer David Benjamin Edelstein received a grant of 4,698 shares of common stock as restricted stock at $9.18 per share. The award was made under the company’s 2020 Equity Incentive Plan, with one-third vesting annually beginning on March 7, 2027.
On the same date, 393 shares of common stock were returned to the issuer at $9.18 per share in a disposition to the company. After these transactions, Edelstein directly holds 15,059 shares of First Northwest Bancorp common stock, including several prior unvested restricted stock awards with scheduled vesting beginning in 2026 and 2027.
Henderson Kyle David reported acquisition or exercise transactions in this Form 4 filing.
First Northwest Bancorp EVP and Chief Credit Officer Kyle David Henderson received a grant of 4,153 shares of restricted Common Stock at $9.18 per share under the 2020 Equity Incentive Plan. One-third of this award will vest annually beginning on March 7, 2027. Following this grant, Henderson holds 20,259 shares in total, including prior unvested restricted stock awards with vesting dates in 2026 and 2027.
Mahaney Allison Rebecca reported acquisition or exercise transactions in this Form 4 filing.
First Northwest Bancorp’s Chief Legal Officer Allison Rebecca Mahaney reported an equity award of 871 shares of common stock, valued at $9.18 per share. The award is restricted stock granted under the company’s 2020 Equity Incentive Plan and is structured as compensation rather than an open-market purchase.
One-third of this award will vest annually beginning on March 7, 2027. After the grant, Mahaney directly holds a total of 6,053 common shares. Footnotes explain that her holdings include 5,000 unvested restricted shares vesting in thirds starting November 7, 2026, and the 871 new unvested restricted shares vesting in thirds starting March 7, 2027. Overall, this filing reflects a routine executive equity grant that modestly increases her ownership stake.
Nomura Phyllis Rose reported acquisition or exercise transactions in this Form 4 filing.
First Northwest Bancorp EVP and Chief Financial Officer Phyllis Rose Nomura received a grant of 3,115 shares of common stock at $9.18 per share as a restricted stock award under the company’s 2020 Equity Incentive Plan.
One-third of this award will vest annually beginning on March 7, 2027. After the grant, she holds 12,607 shares of common stock directly, including 3,333 unvested shares vesting in part on January 7, 2027; 5,000 unvested shares vesting annually beginning May 7, 2026; and this new 3,115-share award vesting annually beginning March 7, 2027.
First Northwest Bancorp director Lynn Terwoerds received an equity award of common stock. On March 7, 2026, Terwoerds acquired 2,533 shares of restricted common stock at $9.18 per share as a grant under the company’s 2020 Equity Incentive Plan.
The award will vest in full on March 7, 2027. Following this grant, Terwoerds now directly holds 13,594 shares of common stock, including the 2,533 unvested restricted shares scheduled to vest in 2027.
Galanda Gabriel Steven reported acquisition or exercise transactions in this Form 4 filing.
First Northwest Bancorp director Gabriel Steven Galanda received an equity award of company stock. On March 7, 2026, he was granted 2,533 shares of common stock at a reference price of $9.18 per share under the 2020 Equity Incentive Plan as restricted stock.
The award will vest in full on March 7, 2027, meaning the shares become fully owned at that time. After this grant, Galanda directly holds 12,566 shares of First Northwest Bancorp common stock, including the 2,533 unvested restricted shares under the 2020 Plan.
Finnie Cindy H. reported acquisition or exercise transactions in this Form 4 filing.
First Northwest Bancorp director Cindy H. Finnie received an equity award of 2,533 shares of common stock on March 7, 2026. The award was granted at $9.18 per share as restricted stock under the company’s 2020 Equity Incentive Plan and will vest in full on March 7, 2027.
After this grant, Finnie directly holds 41,881 common shares, including 6,715 shares in her IRA and the 2,533 unvested restricted shares scheduled to vest in 2027.
Davis Diane C. reported acquisition or exercise transactions in this Form 4 filing.
First Northwest Bancorp director Diane C. Davis received an equity award of company stock. She was granted 2,533 shares of common stock as a restricted stock award valued at $9.18 per share under the 2020 Equity Incentive Plan. This new grant will vest in full on March 7, 2027.
After this award, she holds 9,575 shares of common stock directly. This total includes 7,042 unvested restricted shares, one-third of which will vest annually beginning on September 7, 2026, and the 2,533 unvested restricted shares that vest on March 7, 2027.