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Recent Updates — FNWB

July 29, 2026View Source ↗

First Northwest Bancorp reported net income of $308,000 for the second quarter ended June 30, 2026, compared to a loss in the prior year period and minimal earnings in Q1 2026. Basic and diluted EPS were $0.03. The company recorded a $337,000 recapture of provision for credit losses. Total assets decreased 0.4% to $2.12 billion, while net loans receivable fell 1.0% to $1.60 billion. Customer deposits rose 0.7% to $1.55 billion, driven by a reduction in brokered deposits which declined 8.6% to $58.6 million. FHLB advances decreased $15.0 million to $265.0 million. The total risk-based capital ratio remained stable at 13.4%. First Northwest Bancorp operates as a financial holding company engaged in banking and investment activities through its subsidiary, First Fed Bank.