Every 8-K that First Northwest Bancorp (FNWB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow FNWB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FNWB filings page.
First Northwest Bancorp (FNWB) reported that its subsidiary First Fed Bank entered into a Settlement Agreement & Mutual Release with Socotra REIT I, LLC on September 15, 2026, resolving litigation related to a commercial loan transaction.
Under the agreement, First Fed Bank will make a $1.3 million cash payment within 30 days in exchange for a full release of claims and dismissal of the lawsuit with prejudice. The company states that the settlement avoids estimated costs, uncertainties, and distraction of continued litigation and that it represents a compromise of disputed claims without any admission of liability or wrongdoing by the bank, the company, or any other party.
First Northwest Bancorp reported net income of $308,000 for the second quarter of 2026, up from $6,000 in the first quarter but down sharply from $3.7 million in the second quarter of 2025. Basic and diluted earnings per share were $0.03, versus $0.00 in the prior quarter and $0.42 a year earlier.
Core banking trends were mixed: the net interest margin was 2.95%, down from 3.03% in the first quarter but above 2.83% a year ago, while the efficiency ratio was 101.3%, indicating noninterest expense exceeded net revenue. Total assets were $2.12 billion, down 0.4% sequentially and 3.2% year over year.
Credit quality and funding showed incremental improvement. The allowance for credit losses on loans was $16.3 million, or 1.01% of total loans, with a $337,000 recapture of provision in the quarter and annualized net charge-offs of 0.04% of average loans. Nonperforming assets were $22.3 million, or 1.05% of total assets. Customer deposits rose $11.3 million during the quarter, brokered deposits and FHLB advances declined, and the bank’s total risk-based capital ratio was 13.4%, with Common Equity Tier 1 at 12.4%, keeping the bank in the well-capitalized category.
First Northwest Bancorp held its 2026 annual meeting, where shareholders approved an Amended and Restated 2020 Equity Incentive Plan. The plan increases shares available for issuance from 520,000 to 820,000 and will terminate 10 years after its effective date unless ended earlier by the board.
The amended plan modernizes definitions and administrative provisions, gives more flexibility in handling awards upon a change in control, and raises the annual compensation limit for non-employee directors from $150,000 to $175,000. Shareholders also elected all director nominees, approved executive pay on an advisory basis, and ratified Baker Tilly US, LLP as independent auditor for 2026.
A proposal to amend and restate the Articles of Incorporation to remove supermajority provisions received 67.37% of outstanding shares in favor, below the required 80%, so it did not pass.
First Northwest Bancorp furnished an investor slide presentation under a Regulation FD disclosure. The presentation reviews the company’s financial results and trends through the quarter and three months ended March 31, 2026.
The slides are included as Exhibit 99.1 to this Form 8-K and are furnished, not filed, meaning they are not subject to certain Exchange Act liabilities or automatically incorporated into other Securities Act or Exchange Act filings.
First Northwest Bancorp reported essentially break-even results for the first quarter of 2026, with net income of $6,000 and basic and diluted earnings per share of $0.00. This compares to net income of $382,000 in the fourth quarter of 2025 and a net loss of $9.0 million a year earlier.
Core banking trends were more favorable than headline earnings. Net interest margin improved for the sixth consecutive quarter to 3.03%, helped by a lower cost of funds and a drop in deposit costs to 2.04%. Customer deposits rose to $1.54 billion, while higher-cost brokered deposits fell sharply.
Credit quality and capital remained solid. The allowance for credit losses on loans was $16.8 million, or 1.03% of total loans, with a small $13,000 recapture of provision. Nonperforming assets were $23.1 million, or 1.08% of total assets, and the bank’s total risk-based capital ratio was 13.5%, keeping it in the well‑capitalized category.
First Northwest Bancorp filed a current report describing an investor slide presentation released on February 4, 2026. The presentation reviews the company’s financial results and trends through the quarter and full year ended December 31, 2025, and is furnished as Exhibit 99.1, not filed for Exchange Act liability purposes.
First Northwest Bancorp filed a current report to furnish its earnings release for the quarter and year ended December 31, 2025. The earnings release is provided as Exhibit 99.1 and is incorporated by reference.
The report classifies this information under Item 2.02, indicating it is furnished rather than filed for Exchange Act liability purposes.
First Northwest Bancorp announced that Geraldine L. Bullard, Executive Vice President and Chief Operating Officer of its subsidiary First Fed Bank, will resign effective February 4, 2026 to pursue other opportunities. She has been a key leader since joining on January 30, 2020, including serving as Interim Chief Executive Officer and Chief Financial Officer during her tenure.
The company states that her decision to resign is not due to any disagreement regarding operations, policies, or practices, and there are no special arrangements, understandings, compensatory, or severance agreements connected to her departure. The company expressed appreciation for her dedicated service and leadership at First Fed.
First Northwest Bancorp furnished an investor presentation under Item 7.01 (Regulation FD). The slide deck reviews financial results and trends through the quarter and nine months ended September 30, 2025. The presentation is included as Exhibit 99.1 and is incorporated by reference only if specifically referenced in future filings.
The information, including Exhibit 99.1, is being furnished, not filed, and is therefore not subject to Section 18 liabilities of the Exchange Act. The company’s common stock trades on Nasdaq under the symbol FNWB.
First Northwest Bancorp furnished an 8-K announcing it issued an earnings release for the quarter ended September 30, 2025. The release is provided as Exhibit 99.1 and incorporated by reference. The company notes this information is furnished under Item 2.02 and is not deemed “filed” for purposes of Section 18 of the Exchange Act. FNWB’s common stock trades on Nasdaq.
Form 8-K – Director Appointment
On 23 Jul 2025, First Northwest Bancorp ("FNWB") and subsidiary First Fed Bank elected Diane C. Davis to their Boards effective immediately. Her term runs until the 2026 Annual Meeting, when she is expected to stand for re-election.
- The Board determined Ms. Davis meets NASDAQ/SEC independence standards.
- Committee assignments: Nominating & Corporate Governance Committees (Company and Bank) and First Fed Board Loan Committee.
- No related-party transactions or family relationships were reported.
- 2025 director cash compensation: $36,530 annual retainer plus $2,800 for each standing committee; paid monthly; no meeting fees.
- Equity grant: common stock valued at $50,000 (priced 6 Sep 2025) vesting in three equal annual tranches beginning 7 Sep 2026.
The filing is limited to governance matters; it contains no financial results, guidance, or strategic transaction disclosures.