First Northwest BanCorp (OQ:FNWB)

Business Focus: Banks

Apr 08, 2024 03:57 pm ET

First Fed Fortifies Executive Organization

First Fed Bank has announced two new executive roles to foster a sharpened focus on digital and strategic initiatives. David Edelstein has been hired as Chief Innovation Officer, and will lead digital banking, technology, data, and fintech...

Mar 27, 2024 11:00 am ET

Sean Brennan Appointed to First Fed Board

First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB), announced today that Sean Brennan has been appointed to the Board of Directors. "Sean is a respected, results-oriented leader with over 35 years of financial industry...

Jan 25, 2024 07:00 am ET

First Northwest Bancorp Reports Fourth Quarter 2023 Results of Operations

Matthew P. Deines, President and CEO, comments on financial results:"2023 was the most challenging year for many banks since the great recession," said Matthew P. Deines, President and CEO. "That was certainly the case for First Northwest Bancorp...

Dec 11, 2023 11:00 am ET

Sherilyn Anderson Elected as First Fed Board Vice Chair

First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB) (“Company”), today announced that Sherilyn Anderson has been elected as to Board Vice Chair. Anderson has served as a Board Member since 2020. "Sherilyn is a seasoned financial...

Oct 26, 2023 07:00 am ET

First Northwest Bancorp Reports Third Quarter 2023 Earnings

Matthew P. Deines, President and CEO, comments on financial results: "The Company continues to manage through this historic interest rate environment by remaining focused on deepening existing...

Oct 02, 2023 11:00 am ET

Geri Bullard Promoted to COO of First Fed

First Fed Bank has announced the promotion of Geri Bullard to Chief Operating Officer leading the deposit operations, loan operations, and reporting teams. Bullard has over 20 years of leadership experience in financial services. In addition to her...

Jul 27, 2023 10:10 am ET

First Northwest Bancorp Reports Second Quarter 2023 Earnings

Matthew P. Deines, President and CEO, comments on financial results:"We grew deposits this quarter and are cautiously optimistic that funding costs have begun to stabilize," said Matthew P. Deines, President and CEO of First Northwest Bancorp....

Apr 26, 2023 07:00 am ET

First Northwest Bancorp Reports First Quarter 2023 Earnings

Matthew P. Deines, President and CEO, comments on financial results: "First Fed generated solid first quarter results despite the well-publicized challenges in the banking industry," said Matthew P. Deines, President and CEO of First Northwest...

Jan 26, 2023 07:00 am ET

First Northwest Bancorp Reports Fourth Quarter 2022 Earnings

First Northwest Bancorp (Nasdaq: FNWB) Q4 2022 Net IncomeQ4 2022 Diluted Earnings Per ShareYTD Loan GrowthQ4 2022 Net Interest MarginBook Value per Share$6.1 million$0.6613.1%3.96%$16.31 $16.13*,excluding goodwill andintangibles CEO Commentary...

Jan 25, 2023 10:00 am ET

Lynn Terwoerds Appointed to First Fed Board

First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB), announced today that Lynn Terwoerds has been appointed to the Board of Directors. "Lynn is a trusted leader and strategist with extensive experience in cybersecurity for Fortune...

Oct 28, 2022 11:00 am ET

First Fed Sets Date for Centennial Celebration

First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB), has scheduled its Centennial Celebration for September 3, 2023. The free community event will take place in its hometown of Port Angeles in the area around Field Arts & Events...

Oct 26, 2022 07:00 am ET

First Northwest Bancorp Reports Third Quarter 2022 Net Income of $4.3 Million

First Northwest Bancorp (Nasdaq: FNWB) Q3 2022 Net IncomeQ3 2022 DilutedEarnings Per ShareYTD Loan GrowthQ3 2022Net Interest MarginBook Value per Share$4.3 million$0.4712.4%3.88%$15.69 $15.50*,excluding goodwill andintangibles CEO Commentary...

Oct 17, 2022 11:00 am ET

Ana Liza Grandner Joins First Fed as Chief Payments Officer

First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB), today announced that Ana Liza Grandner has joined the leadership team as Senior Vice President and Chief Payments Officer. "Ana Liza is a recognized leader in fintech banking,...

Sep 22, 2022 03:41 pm ET

First Fed Announces Workforce Reduction

First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), today announced it has reduced its workforce by approximately 5% through position elimination and attrition. The bank is implementing organizational restructuring to optimize operating...

Aug 09, 2022 01:31 pm ET

FNWB Partners with Torpago, Spend Management Fintech

First Northwest Bancorp (FNWB) announced a strategic fintech partnership with Torpago, a rapidly growing corporate card and spend management platform. “When evaluating corporate card providers, Torpago impressed us with the ease-of-use and...

Jul 27, 2022 07:00 am ET

First Northwest Bancorp Reports Second Quarter 2022 Financial Results

First Northwest Bancorp (Nasdaq: FNWB) Q2 2022 Net IncomeQ2 2022 Diluted Earnings Per ShareYTD Loan GrowthQ2 2022 Net Interest MarginBook Value per Share$2.5 million$0.278.0%3.77%$16.60 $16.40*, excluding goodwill and intangibles CEO Commentary...

Jul 07, 2022 10:00 am ET

First Fed Invests in Strategic Partnership with Meriwether Group

First Northwest Bancorp (FNWB), parent company of First Fed Bank, announced a strategic investment in Meriwether Group, a firm providing accelerator, financial, and family office services. “The First Fed and Meriwether partnership positions us to...

Jun 09, 2022 08:21 pm ET

Cindy Hill-Finnie Promoted to First Fed Board Chair

First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB) (“Company”), today announced that Cindy Hill-Finnie has been promoted from Vice Chair to Board Chair. Hill-Finnie is the first woman to hold this leadership role on the Board of...

Jun 07, 2022 05:46 pm ET

PSBJ Recognizes First Fed for Workplace Culture and Growth

First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), has been recognized as a Top 100 Best Workplace in Washington by Puget Sound Business Journal (PSBJ). Additionally, First Fed's growth was acknowledged on PSBJ lists for Middle Market...

May 02, 2022 09:30 am ET

First Fed Gives $2M to Field Hall to Support Economic Development in Downtown Port Angeles

First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), pledged $2 million to Field Arts & Events Hall to support economic development and businesses in downtown Port Angeles. “We are proud to give $2 million to Field Hall, which will...

Apr 29, 2022 07:30 am ET

First Northwest Bancorp First Quarter 2022 Financial Results

First Northwest Bancorp (Nasdaq: FNWB) Q1 2022 Net IncomeQ1 2022 Diluted Earnings Per ShareQ1 2022 Net Interest MarginBook Value per Share$2.8 million$0.303.53%$17.77 $17.561, excluding goodwill and intangibles CEO Commentary "We made good...

Apr 13, 2022 02:41 pm ET

Christopher “Chris” Neros Joins First Fed as Executive Vice President and Chief Lending Officer

First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB) (“Company”), today announced that Christopher “Chris” Neros has joined the executive team as Executive Vice President and Chief Lending Officer. "Chris is a well-respected leader...

Apr 13, 2022 09:04 am ET

Meriwether Group Capital Launched to Support Pacific Northwest Entrepreneurs

Newly-formed Meriwether Group Capital (MWGC) launched this month to make commercial loans available to businesses that fall outside the criteria required by traditional lenders. The MWGC Hero Fund focuses on small to mid-sized companies that meet the fund’s revenue qualifications and financial needs. The new lender operates in partnership with Meriwe

Mar 07, 2022 11:00 am ET

First Fed Gives $1M to Northwest Maritime Center to Expand Access

First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), pledged $1 million to Northwest Maritime Center (NWMC) to expand access to maritime education. The funding will be spread evenly across 10 years. “The maritime industry is vital to our...

Jan 26, 2022 07:30 am ET

First Northwest Bancorp Announces Record Earnings in the Fourth Quarter Of 2021

First Northwest Bancorp (Nasdaq: FNWB) Q4 2021 Net IncomeQ4 2021 DilutedEarnings Per ShareYTD Loan GrowthQ4 2021Net Interest MarginBook Value per Share$5.1 million$0.5618%3.58%$19.10$18.891, excludinggoodwill and intangibles CEO...

Jan 12, 2022 07:10 pm ET

Fintech Partnership between FNWB and Splash Financial

First Northwest Bancorp (FNWB) announced a new fintech partnership with Splash Financial, a leading digital lending platform that helps borrowers easily shop and compare financial products. Through its subsidiary, First Fed Bank, FNWB will work...

Nov 19, 2021 02:49 pm ET

First Fed Bank Releases SASB Report

First Northwest Bancorp (NASDAQ: FNWB), releases first report following framework set by Sustainable Accounting Standards Board (SASB). The SASB Fact Sheet communicates the environmental, social, and governance (ESG) initiatives, actions, and...

Nov 05, 2021 03:49 pm ET

First Federal Savings and Loan Association of Port Angeles Legally Changes Name to First Fed Bank

First Northwest Bancorp (NASDAQ: FNWB), the holding company for First Fed, confirms that its subsidiary has completed a legal name change from First Federal Savings and Loan Association of Port Angeles to First Fed Bank as of October 31, 2021. “As...

Oct 27, 2021 07:30 am ET

First Northwest Bancorp Announces Record Earnings in the Third Quarter of 2021

First Northwest Bancorp (Nasdaq: FNWB) Net IncomeDiluted Earnings Per ShareYTD Loan GrowthNet Interest MarginBook Value per Share$4.2 Million$0.4518%3.58%$18.65$18.481, excluding goodwill and intangibles CEO Commentary “First Fed achieved strong...

Jul 28, 2021 04:00 pm ET

First Northwest Bancorp Earns $3.0 Million, or $0.32 Per Diluted Share, in Second Quarter 2021; Highlighted by Strong Deposit and Loan Growth; Declares Quarterly Cash Dividend of $0.06 Per Share

First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or "First Fed"), today reported net income of $3.0 million, or $0.32 per diluted share, for the second...

Jul 28, 2021 11:00 am ET

First Northwest Bancorp Appoints Gabriel Galanda to its Board of Directors

First Northwest Bancorp (“Company”) (NASDAQ: FNWB), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Fed”), today announced that David Blake will be retiring from the Board of Directors effective...

Jul 26, 2021 12:15 pm ET

First Northwest Bancorp Completes Purchase of Bellevue Branch

First Northwest Bancorp (NASDAQ: FNWB) (the “Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“First Fed”), has completed the acquisition of a Bellevue, Washington branch from Sterling Bank and Trust of...

Apr 28, 2021 04:00 pm ET

First Northwest Bancorp Earns $3.1 Million, or $0.34 Per Diluted Share, in First Quarter 2021; Highlighted by Net Interest Margin Expansion and Strong Asset Quality; Declares Quarterly Cash Dividend o

First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or "First Fed"), today reported that net income increased 257.6% to $3.1 million, or $0.34 per diluted...

Mar 25, 2021 05:00 pm ET

First Northwest Bancorp Completes Private Placement of $40.0 Million of Subordinated Notes

First Northwest Bancorp (the “Company”) (NASDAQ: FNWB), parent company of First Federal Savings and Loan Association of Port Angeles (the “Bank”), today announced the completion of its private placement with registration rights of $40.0 million in...

Mar 22, 2021 09:30 am ET

First Northwest Bancorp Announces Purchase of Bellevue, WA Branch

First Northwest Bancorp (NASDAQ: FNWB) (the “Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“First Fed”), today announced that First Fed has entered into an agreement with Sterling Bank and Trust of...

Jan 28, 2021 09:00 am ET

First Northwest Bancorp Earns Record $3.8 Million, or $0.41 Per Diluted Share, in Fourth Quarter 2020 and a Record $10.3 Million, or $1.10 Per Diluted Share, for the Year; Results Highlight Net Intere

First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or "First Federal"), today reported net income increased 72.0% to $3.8 million, or $0.41 per diluted...

Jan 04, 2021 09:00 am ET

Jennifer Bolton Joins First Northwest Bancorp as SVP, SR. Director - Digital Marketing

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“First Federal”), today announced that Jennifer Bolton has joined First Federal’s management team as Senior Vice...

Oct 28, 2020 09:00 am ET

First Northwest Bancorp Earns $3.7 Million, or $0.40 Per Diluted Share, in Third Quarter 2020; Net Interest Margin Expansion and Improved Efficiency Ratio Generate Record Earnings; Announces Share Rep

First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or "First Federal"), today reported an increase in net income of 86.0% to $3.7 million, or $0.40 per...

Sep 22, 2020 12:08 pm ET

First Federal Voted Best Bank for the 25th Consecutive Year in the Peninsula Daily News ‘Best of the Peninsula’ Poll

First Northwest Bancorp (NASDAQ: FNWB), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Federal”), today announced that First Federal Bank was recently voted Best Bank in Clallam County in the...

Aug 17, 2020 09:00 am ET

First Federal Community Foundation Receives Corporate Citizenship Award from Puget Sound Business Journal

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Federal”), and First Federal Community Foundation, were recently recognized by the Puget Sound...

Jul 30, 2020 09:00 am ET

First Northwest Bancorp Earns $2.0 Million, or $0.21 Per Diluted Share, in Second Quarter 2020

First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or "First Federal"), today reported net income of $2.0 million, or $0.21 per diluted share, for the...

Jul 01, 2020 05:37 pm ET

First Northwest Bancorp Appoints Sherilyn G. Anderson to its Board of Directors

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Federal”), today announced the appointment of Sherilyn G. Anderson to the Board of Directors...

Jun 24, 2020 02:59 pm ET

First Northwest Bancorp Announces Board Member David T. Flodstrom’s Retirement

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Federal”), today announced the retirement of board member David Flodstrom, effective September...

May 20, 2020 11:00 am ET

Andy Pohlman Joins First Federal as SVP and Regional Marketing President

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Federal”), today announced that Andy Pohlman will join First Federal’s management team as...

Apr 29, 2020 04:00 pm ET

First Northwest Bancorp Earns $873,000, or $0.09 Per Diluted Share, in First Quarter 2020; Declares Quarterly Cash Dividend of $0.05 per Share; Announces COVID-19 Response

First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or "First Federal"), today reported net income of $873,000, or $0.09 per diluted share, for the first...

Apr 29, 2020 09:00 am ET

First Northwest Bancorp Promotes Geri Bullard to Chief Financial Officer

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Federal”), today announced the promotion of Geri Bullard to Executive Vice President and Chief...

Apr 27, 2020 09:00 am ET

Jonathan R. Sparling Joins First Federal as Senior Director of Commercial Lending

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Federal”), today announced that Jonathan R. Sparling joined First Federal’s management team as...

Apr 10, 2020 11:00 am ET

Randy Riffle Joins First Federal as Chief Lending Officer

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Federal”), today announced that Randy Riffle joined First Federal’s management team as...

Mar 16, 2020 06:55 pm ET

First Northwest Bancorp Announces Management Change

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Federal”), today announced that Regina Wood is resigning as Chief Financial Officer effective...

Mar 02, 2020 12:00 pm ET

First Northwest Bancorp Promotes Derek Brown to Executive Vice President/Chief Human Resources & Marketing Officer

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Federal”), recently promoted Derek Brown to Executive Vice President/Chief Human Resources &...

Feb 25, 2020 09:00 am ET

First Northwest Bancorp Announces New Key Management Hires

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or “First Federal”), recently hired a number of key personnel as part of its business plan to expand its...

Feb 05, 2020 03:00 pm ET

First Northwest Bancorp Increases Quarterly Cash Dividend by 25% to $0.05 Per Share

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles, today announced that its Board of Directors increased its regular quarterly cash dividend by 25% to $0.05 per...

Jan 27, 2020 06:10 pm ET

First Northwest Bancorp Earns $2.2 Million, or $0.23 Per Diluted Share, in 4Q19 and a Record $9.0 Million, or $0.91 Per Diluted Share, for the Year

First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or "First Federal"), today reported net income of $2.2 million, or $0.23 per diluted share, for the...

Jan 14, 2020 09:00 am ET

Jay Johnston and David Sharon Join First Northwest Bancorp as Commercial Relationship Managers

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“First Federal”), today announced that Jay Johnston and David Sharon joined First Federal’s management team as...

Oct 28, 2019 08:00 am ET

First Northwest Bancorp Reports Third Quarter 2019 Financial Results

First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank” or "First Federal"), announced its operating results for the quarter ended September 30, 2019. The Company reported net income of $2.5 million for the quarter ended September 30, 2019, or $0.25 per diluted share, compared to net income of $2.1 million, or $0.21 per diluted share, for the quarter ended June 30, 2019, and net income of $1.9 million, or $0.19 per diluted share, for the quarter ended September 30, 2018. The Company reported net incom

Aug 01, 2019 05:59 pm ET

First Northwest Bancorp Announces Executive Management Transition

First Northwest Bancorp (Nasdaq: FNWB) (“Company”), today announced that its President and CEO, Larry Hueth, will be leaving the Company at the end of the year to allow him to pursue other interests. Regarding his decision to step down, Mr. Hueth said, “I have achieved what I set out to accomplish as CEO and President and have determined that it is a good time to prioritize other areas of my life.”

Jul 26, 2019 03:00 pm ET

First Northwest Bancorp Reports Second Quarter 2019 Financial Results

First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced its operating results for the quarter ended June 30, 2019. The Company reported net income of $2.1 million for the quarter ended June 30, 2019, or $0.21 per diluted share, compared to net income of $2.2 million, or $0.22 per diluted share, for the quarter ended March 31, 2019, and net income of $1.5 million, or $0.15 per diluted share, for the quarter ended June 30, 2018. The Company reported net income of $4.3 million for the six mon

Apr 25, 2019 08:00 am ET

First Northwest Bancorp Reports First Quarter 2019 Financial Results

First Northwest Bancorp (Nasdaq: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced its operating results for the quarter ended March 31, 2019. The Company reported net income of $2.2 million for the quarter ended March 31, 2019, or $0.22 per diluted share, compared to net income of $2.1 million, or $0.21 per diluted share, for the quarter ended December 31, 2018, and net income of $1.5 million, or $0.14 per diluted share, for the quarter ended March 31, 2018. Net inco

Feb 01, 2019 08:00 am ET

First Northwest Bancorp Reports Results of Operations for the Quarter and Year Ended December 31, 2018

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced its operating results for the quarter and year ended December 31, 2018. The Company reported net income of $2.1 million, or $0.21 earnings per basic and diluted share, for the quarter ended December 31, 2018, compared to net income of $1.9 million, or $0.19 earnings per basic and diluted share, for the quarter ended September 30, 2018, an increase of $204,000. The current quarter's net

Oct 30, 2018 05:41 pm ET

First Northwest Bancorp Announces Initial Quarterly Cash Dividend of $0.03 Per Share

First Northwest Bancorp (NASDAQ: FNWB) (“Company”) is pleased to announce that its Board of Directors (“Board”) has approved the initiation of quarterly cash dividends to its shareholders and declared the first cash dividend in the company's history.

Oct 25, 2018 08:00 am ET

First Northwest Bancorp Reports Results of Operations for the Quarter Ended September 30, 2018

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced its operating results for the quarter and nine months ended September 30, 2018. The Company reported net income of $1.9 million for the quarter ended September 30, 2018, or $0.19 per basic and diluted share, compared to net income of $1.5 million, or $0.15 per basic and diluted share, for the quarter ended June 30, 2018, and net income of $1.8 million, or $0.17 per basic and diluted share, for

Oct 01, 2018 05:13 pm ET

First Northwest Bancorp Announces New Chief Operating Officer

First Northwest Bancorp (NASDAQ: FNWB) (the "Company"), the holding company of First Federal Savings and Loan Association of Port Angeles (the “Bank,” and collectively with the Company, “First Northwest”), announced today that Christopher J. Riffle has been named Executive Vice President and Chief Operating Officer of First Northwest. Mr. Riffle has been serving as interim Chief Operating Officer since the resignation of Mr. Jeffrey S. Davis, which was effective on August 28, 2018. Mr. Riffle will continue to serve as First Northwest’s General C

Jul 27, 2018 10:40 am ET

Company Profile for First Northwest Bancorp

First Northwest Bancorp, a Washington corporation, is the bank holding company for First Federal Savings and Loan Association of Port Angeles. First Federal is a Washington-chartered, community-based savings bank, primarily serving Western Washington State, with thirteen banking locations, eight located within Clallam and Jefferson counties, two in Kitsap County, two in Whatcom County, and a home lending center in King County.

Jul 26, 2018 08:00 am ET

First Northwest Bancorp Reports Results of Operations for the Quarter Ended June 30, 2018

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced its operating results for the quarter ended June 30, 2018. The Company reported net income of $1.5 million for the quarter ended June 30, 2018, or $0.15 per basic and diluted share. The current quarter's net income increased $411,000 compared to net income of $1.1 million for the quarter ended June 30, 2017, mainly due to an increase in net interest income and noninterest income, partially off

Jul 20, 2018 05:46 pm ET

First Northwest Bancorp Welcomes New Chief Credit Officer

First Northwest Bancorp (NASDAQ: FNWB) (“Company”), the holding company of First Federal Savings and Loan Association of Port Angeles (“Bank”), announced today that Terry A. Anderson will become the Bank’s Executive Vice President and Chief Credit Officer. It is anticipated that Mr. Anderson’s employment will start in September 2018.

Apr 26, 2018 04:30 pm ET

First Northwest Bancorp Reports Results of Operations for the Quarter Ended March 31, 2018

PORT ANGELES, Wash., April 26, 2018 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced its operating results for the quarter ended March 31, 2018....

Feb 01, 2018 04:05 pm ET

First Northwest Bancorp Reports Results of Operations for the Quarter and Transition Period Ended December 31, 2017

PORT ANGELES, Wash., Feb. 01, 2018 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced its operating results for the quarter and six month...

Oct 26, 2017 06:00 pm ET

First Northwest Bancorp Reports Results of Operations for the Quarter Ended September 30, 2017

PORT ANGELES, Wash., Oct. 26, 2017 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced its operating results for the quarter ended September 30, 2017. The Company reported net income of $1.8 million, or $0.17 earnings per basic and diluted share, for the quarter ended September 30, 2017, compared to net income of $1.1 million, or $0.10 earnings per basic and diluted share, for the quarter ended June 30, 2017, an increase of $658,000, or 59.0%. The current quarter's net in...

Sep 29, 2017 04:05 pm ET

First Northwest Bancorp Announces Adoption of a Stock Repurchase Plan

PORT ANGELES, Wash., Sept. 29, 2017 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles, today announced that its Board of Directors authorized the repurchase of up to 10% of the Company’s common stock, or approximately 1,166,659 shares. The Company will purchase the shares from time to time in the open market or through privately negotiated transactions depending on market conditions, the capital requirements of the Company, and available cash that can be allocated to the stock repurchase ...

Jul 31, 2017 04:00 pm ET

First Northwest Bancorp Announces Change in Fiscal Year

PORT ANGELES, Wash., July 31, 2017 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced that the Board of Directors approved the change to calendar-year financial reporting, effective January 1, 2018. Historically, the Company has operated on a June 30 fiscal year-end and will file an annual report on Form 10-K with the Securities and Exchange Commission for the fiscal year ended June 30, 2017. To accommodate the change, the Company will have an abbreviated fiscal year fro...

Jun 29, 2017 04:05 pm ET

First Northwest Bancorp Announces the Retirement of Director Lloyd Eisenman

PORT ANGELES, Wash., June 29, 2017 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced that Lloyd J. Eisenman will retire from the Company’s and the Bank’s Boards of Directors at the completion of his current term. Stephen Oliver, Chairman of the Company’s and the Bank’s Boards of Directors, stated, “Lloyd Eisenman has been a dedicated member of our board, having served for 32 years with sincerity and integrity. Since joining the Bank’s Board in 1985, Mr. Eisenman has ser...

Jan 25, 2017 04:05 pm ET

First Northwest Bancorp Reports Results of Operations for the Second Fiscal Quarter of 2017

PORT ANGELES, Wash., Jan. 25, 2017 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced its operating results for the second fiscal quarter ended December 31, 2016. The Company reported net income of $1.2 million, or $0.11 per basic and diluted share, for the quarter ended December 31, 2016, an increase of $537,000, or 82.5%, compared to net income of $651,000, or $0.06 per basic and diluted share, for the prior quarter ended September 30, 2016, mainly due to an increase...

Oct 25, 2016 04:05 pm ET

First Northwest Bancorp Reports Results of Operations for the First Fiscal Quarter of 2017

PORT ANGELES, Wash., Oct. 25, 2016 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced its operating results for the first fiscal quarter ended September 30, 2016. The Company reported net income of $651,000, or $0.06 per basic and diluted share, for the quarter ended September 30, 2016, a decrease of $503,000, or 43.6%, compared to net income of $1.2 million, or $0.10 per basic and diluted share, for the prior quarter ended June 30, 2016, mainly due to an increase in c...

Sep 27, 2016 08:07 pm ET

First Northwest Bancorp Announces Adoption of a Stock Repurchase Plan

PORT ANGELES, Wash., Sept. 27, 2016 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), today announced that its Board of Directors authorized the repurchase of up to 10% of the Company’s common stock, or approximately 1,300,756 shares. The Company will purchase the shares from time to time in the open market or through privately negotiated transactions over a one-year period depending on market conditions, the capital requirements of the Company, and available cash that can b...

Aug 02, 2016 04:05 pm ET

First Northwest Bancorp Reports Results of Operations for the Fourth Quarter and Fiscal Year Ended June 30, 2016

PORT ANGELES, Wash., Aug. 02, 2016 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced its operating results for the fourth quarter and fiscal year ended June 30, 2016. On January 29, 2015, the Company completed its stock offering in connection with the Bank's conversion from the mutual to stock form of organization ("Conversion"). Accordingly, the results prior to that time relate solely to the operations of the Bank. The Company reported net income of $1.2 million, or...

Jun 30, 2016 01:22 pm ET

First Northwest Bancorp Added to Membership of Russell 3000® Index

PORT ANGELES, Wash., June 30, 2016 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) today announced that it has been added as a member of the broad-market Russell 3000® Index, effective after the U.S. market opened on June 27, 2016, as part of the 2016 Russell indexes reconstitution....

Apr 27, 2016 04:15 pm ET

First Northwest Bancorp Reports Results of Operations for the Third Fiscal Quarter of 2016

PORT ANGELES, Wash., April 27, 2016 (GLOBE NEWSWIRE) -- First Northwest Bancorp (NASDAQ:FNWB) (“Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“Bank”), announced its operating results for the third fiscal quarter ended March 31, 2016. On January 29, 2015, the Company completed its stock offering in connection with the Bank's conversion from the mutual to stock form of organization ("Conversion"). Accordingly, the results prior to that time relate solely to the operations of the Bank. The Company reported net income of $897,000, or $0.07 per...

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First Northwest BanCorp (OQ:FNWB)

Business Focus: Banks