FNWB on Nasdaq

First Northwest Bancorp

First Northwest, a Washington corporation, is a bank holding company and a financial holding company.4 From its latest annual report

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Last updated Oct 19, 2026.

Overview

Compare with ECB Bancorp, Inc. /MD/, Rhinebeck Bancorp, Inc. or GREENE COUNTY BANCORP INC, or pick any stock.

  • TickerFNWB on Nasdaq2
  • IndustrySavings Institutions, Not Federally Chartered2
  • HeadquartersPort Angeles, United States2
  • Incorporated inWA3
  • Business address105 West 8Th Street, Port Angeles, Wa 983623
  • Filer categoryAccelerated filer, Smaller reporting company3
  • Legal formProfit Corporation2
  • LEI549300YDR3VSTKB9DQ652
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O ALLISON MAHANEY, 98362-6031 Port Angeles, United States2
  • Registered withCorporations Division (Office of the Secretary of State), 603 229 8342

First Northwest, a Washington corporation, is a bank holding company and a financial holding company. First Northwest is engaged in banking activities through its wholly owned subsidiary, First Fed, as well as certain non-banking financial activities. Non-banking investments include several limited partnership investments. The Company's business activities are generally focused on passive investment activities and oversight of the activities of First Fed.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2020

5875.0%Net margin5
-23.1%Revenue growth, 20206
5.5%Return on equity5
0.59×Debt to equity6
$11.4MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2020

  • Interest37¢$7.7M
  • Income tax14¢$3.0M
  • Profit49¢$10.3M

Out of $176.0K in revenue.65

Where each dollar of operating cash went, fiscal 2020

  • Capital spending14¢$1.8M
  • Dividends paid16¢$2.2M
  • Share buybacks56¢$7.4M
  • Kept or used elsewhere14¢$1.8M

Out of $13.3M of cash from operations.5

Financial statements

Revenue6$176.0K in 2020−23% since 2019
0$100.0K$200.0K$300.0K2019: $229.0K$229.0K20192020: $176.0K$176.0K2020−23%
Net income65$10.3M in 2020+15% since 2019
0$5.0M$10.0M$15.0M2019: $9.0M$9.0M20192020: $10.3M$10.3M2020+15%

Every line of the income statement as filed: the last 2 fiscal years, latest first.9

Period ending2025-12-312024-12-31
Interest and fees on loans receivable$90.3M$93.8M
Interest on investment securities$13.5M$15.0M
Interest-bearing deposits and other$2.0M$2.3M
FHLB dividends$1.2M$1.2M
Total interest income$107.0M$112.3M
Deposits$37.0M$42.4M
Borrowings$12.7M$13.6M
Total interest expense$49.7M$56.0M
Net interest income$57.3M$56.3M
Provision for credit losses on loans$7.3M$16.7M
Recapture of provision for credit losses on unfunded commitments-$5.0K-$218.0K
Provision for credit losses$7.3M$16.5M
Net interest income after provision for credit losses$50.0M$39.8M
Loan and deposit fees$4.4M$4.3M
Sold loan servicing fees and servicing rights mark-to-market$429.0K$188.0K
Net gain on sale of loans$112.0K$312.0K
Net loss on sale of investment securities$0-$2.1M
Net gain on sale of premises and equipment$0$7.9M
Increase in BOLI cash surrender value, net$1.9M$1.2M
Income from BOLI death benefit, net$1.1M$1.5M
Other income (loss)$3.8M-$694.0K
Total noninterest income$11.6M$12.6M
Compensation and benefits$28.8M$32.7M
Data processing$7.9M$8.1M
Occupancy and equipment$6.1M$6.2M
Supplies, postage, and telephone$1.3M$1.3M
Regulatory assessments and state taxes$2.2M$2.0M
Advertising$1.1M$1.5M
Professional fees$6.9M$3.1M
FDIC insurance premium$1.7M$1.9M
Legal settlement paid$5.7M$0
Other expense$5.2M$3.4M
Total noninterest expense$67.1M$60.0M
Loss before benefit from provision for income taxes-$5.4M-$7.6M
Income Tax Expense (Benefit)-$1.2M-$944.0K
Net loss-$4.2M-$6.6M
Basic and diluted loss per common share (in dollars per share)-$0.48-$0.75

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Leadership

Who has led First Northwest Bancorp, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (30)

Timeline

  1. Sep 18, 2025New chief executive Curt Queyrouze becomes CEO12
  2. Jul 15, 2025New chief executive Geraldine L. Bullard becomes CEO11
  3. Aug 7, 2019New chief executive Matthew P. Deines becomes CEO13
  4. Nov 13, 2014New chief executive Laurence J. Hueth becomes CEO14
  5. Aug 14, 2012Founded First Northwest Bancorp is founded2

Filings

332 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 65 major events, 190 insider forms, 14 large holders, 42 other. The latest 20:

  1. Oct 1, 20264 EDGAR
  2. Sep 18, 20268-K EDGAR
  3. Sep 10, 20264 EDGAR
  4. Aug 18, 20264 EDGAR
  5. Aug 14, 2026144 EDGAR
  6. Aug 12, 2026144 EDGAR
  7. Aug 7, 2026S-8 EDGAR
  8. Aug 6, 202610-Q EDGAR
  9. Jul 29, 20268-K EDGAR
  10. Jul 9, 20264 EDGAR
  11. Jul 9, 20264 EDGAR
  12. Jun 26, 20263 EDGAR
  13. May 22, 20268-K EDGAR
  14. May 14, 20264 EDGAR
  15. May 13, 2026144 EDGAR
  16. May 11, 20264 EDGAR
  17. May 8, 20264 EDGAR
  18. May 7, 202610-Q EDGAR
  19. May 6, 2026SCHEDULE 13G/A EDGAR
  20. May 4, 20268-K EDGAR

The 332 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

39 open-market trades by officers, directors and large owners since October 2021: 35 buys and 4 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 14, 2026Behar Dana D.DirectorSale25,000$11.51$287.8KForm 4
Feb 6, 2026Queyrouze CurtPresident / CEOBuy4,770$10.41$49.7KForm 4
Jul 28, 2025Henderson Kyle DavidEVP, Chief Credit OfficerBuy3,000$7.74$23.2KForm 4
Jun 3, 2025DEINES MATTHEWPresident / CEOBuy2,500$8.30$20.8KForm 4
Apr 28, 2025Galanda Gabriel StevenDirectorBuy1,000$10.81$10.8KForm 4
Dec 13, 2024Brennan Sean PatrickDirectorBuy2,000$10.70$21.4KForm 4
Nov 5, 2024DEINES MATTHEWPresident / CEOBuy2,100$9.79$20.6KForm 4
Jul 30, 2024Anderson Sherilyn GDirectorBuy150$10.75$1.6KForm 4
Jul 29, 2024DEINES MATTHEWPresident / CEOBuy9,285$10.79$100.2KForm 4
Jul 29, 2024DEINES MATTHEWPresident / CEOBuy9,285$10.79$100.2KForm 4
Jul 29, 2024Henderson Kyle DavidEVP, Chief Credit OfficerBuy1,000$10.26$10.3KForm 4
May 10, 2024Behar Dana D.DirectorBuy80,000$10.50$840.0KForm 4
May 1, 2024Terwoerds LynnDirectorBuy2,417$10.34$25.0KForm 4
Mar 11, 2024Terwoerds LynnDirectorBuy99$15.71$1.6KForm 4
Mar 7, 2024Zaccardo JenniferDirectorBuy500$15.68$7.8KForm 4
Mar 7, 2024DEINES MATTHEWPresident / CEOBuy1,500$15.75$23.6KForm 4
Mar 6, 2024Anderson Terry AEVP, Chief Credit OfficerSale3,100$15.72$48.7KForm 4
Feb 6, 2024Finnie Cindy H.DirectorBuy365$13.66$5.0KForm 4
Dec 15, 2023Riffle Christopher JEVP, COO and CDOSale5,019$15.49$77.7KForm 4
May 22, 2023Behar Dana D.DirectorBuy20,000$10.50$210.0KForm 4

All 39 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 42. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Fourthstone LLC925,038$10.0M7.1%+770
Mink Brook Asset Management LLC417,006$4.5M2.0%New
Renaissance Technologies LLC352,305$3.8M0.0%+14,000
Vanguard Capital Management LLC332,010$3.6M0.0%−306
Petiole USA ltd254,197$2.7M2.0%−3,700
Dimensional Fund Advisors LP192,066$2.1M0.0%−35,801
BlackRock, Inc.128,980$1.4M0.0%+13,938
Kennedy Capital Management LLC123,066$1.3M0.0%−5,053
Geode Capital Management, LLC86,312$933.3K0.0%+6,085
Pinnacle Holdings, LLC79,872$863.4K0.3%No change
Huber Capital Management LLC72,267$781.2K0.1%−1,621
Marshall Wace, Llp64,525$697.5K0.0%+16,098
HoldCo Asset Management, LP59,772$646.1K0.0%No change
Arcus Capital Partners, LLC55,237$597.1K0.2%−1,750
Bank Of America Corp /de/49,278$532.7K0.0%−10
Arrowstreet Capital, Limited Partnership49,053$530.3K0.0%−13,927
Vanguard Fiduciary Trust Co45,035$486.8K0.0%+306
Citadel Advisors LLC40,858$441.7K0.0%+20,614
Coldstream Capital Management Inc40,847$441.6K0.0%+5,320
Bridgeway Capital Management, LLC35,858$387.6K0.0%−10,572
State Street Corp33,027$357.0K0.0%No change
Connor, Clark & Lunn Investment Management Ltd.31,954$345.4K0.0%+8,001
Creative Planning24,491$264.7K0.0%New
Empowered Funds, LLC24,008$259.5K0.0%+1,215
Daytona Street Capital LLC20,000$220.4K0.2%New

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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