First Northwest Bancorp (FNWB) 10-Year Financial Performance & Capital Metrics

FNWB • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingWest Coast Community Banks

AboutFirst Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. It accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts, as well as certificates of deposit. The company also originates one- to four-family mortgage loans, commercial and multi-family real estate loans, construction and land loans, and commercial business loans, as well as consumer loans primarily consisting of automobile loans, and home-equity loans and lines of credit. It operates through 12 full-service branches and a lending center in Seattle. The company was founded in 1923 and is based in Port Angeles, Washington.Show more

Net Interest Income $55M -9.0%
Total Revenue $117M +11.5%
Net Income -$7M -389.3%
Return on Equity -4.17% -393.3%
Net Interest Margin 2.47% -10.2%
Efficiency Ratio 44.49% -24.0%
ROA -0.3% -377.0%
Equity / Assets 6.89% -7.1%
Book Value per Share 17.57 -3.8%
Tangible BV/Share 17.07 -3.7%
Debt/Equity 2.30 +14.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 44.5% efficiency ratio
✓Healthy dividend yield of 3.0%
✓Share count reduced 2.1% through buybacks
✓Trading at only 0.6x book value

✗Weaknesses

✗High debt to equity ratio of 2.3x
✗Weak 3Y average ROE of 2.1%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y13.78%

5Y15.78%

3Y13.85%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM20.83%

EPS CAGR

10Y-

5Y-

3Y-

TTM-29.23%

ROCE

10Y Avg2.89%

5Y Avg3.34%

3Y Avg1.45%

Latest-2.09%

Peer Comparison

West Coast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
BCALSouthern California Bancorp	608.64M	18.83	85.59	45.45%	2.94%	11.23%	8.17%	0.17
CWBCCommunity West Bancshares	447.97M	23.38	51.96	51.89%	4.67%	6.95%	3.83%	0.56
GBCIGlacier Bancorp, Inc.	6.29B	48.39	28.80	11.64%	15.27%	6.57%	3.34%	1.18
GBFHGBank Financial Holdings Inc.	465.21M	32.36	23.28	2%	30.99%	11.8%	5.65%	0.22
BOHBank of Hawaii Corporation	2.86B	71.86	20.77	6.6%	14.57%	10.28%	5.9%	0.45
HFWAHeritage Financial Corporation	867.93M	25.56	20.61	4.64%	13.64%	6.33%	7.03%	0.47
HTBKHeritage Commerce Corp	786.28M	12.82	19.42	3.35%	16.12%	6.19%	4.75%	0.06
NRIMNorthrim BanCorp, Inc.	640.63M	29.00	17.47	23.77%	18.87%	19.99%		0.15

Profit & Loss

	Jun 2016	Jun 2017	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	27.3M	31.52M	0	36.48M	37.53M	43.7M	58.11M	69.36M	60.55M	55.1M
NII Growth %	0.19%	0.15%	-1%	-	0.03%	0.16%	0.33%	0.19%	-0.13%	-0.09%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	32.07M	36.68M	0	45.49M	48.98M	51.43M	63.48M	79.88M	100.02M	111.13M
Interest Expense	4.77M	5.16M	0	9.01M	11.45M	7.72M	5.37M	10.52M	39.47M	56.02M
Loan Loss Provision	233K	1.26M	0	1.17M	669K	5.05M	1.35M	1.53M	1.32M	16.5M
Non-Interest Income+	6.28M	6.3M	46.61M	6.16M	7.28M	16.1M	15.83M	10.83M	4.9M	5.91M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	38.35M	42.98M	46.61M	51.66M	56.26M	67.53M	79.31M	90.7M	104.92M	117.03M
Revenue Growth %	0.19%	0.12%	0.08%	0.11%	0.09%	0.2%	0.17%	0.14%	0.16%	0.12%
Non-Interest Expense	27.9M	29.78M	28.2M	32.79M	33.05M	41.46M	54.41M	62.31M	61.45M	52.07M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	5.45M	6.78M	7.29M	8.68M	11.09M	13.29M	18.17M	16.34M	2.67M	-7.56M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	2%	0.24%	0.08%	0.19%	0.28%	0.2%	0.37%	-0.1%	-0.84%	-3.83%
Pretax Income+	5.45M	6.78M	7.4M	8.68M	11.09M	13.29M	18.17M	16.34M	2.67M	-7.56M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	1.46M	1.66M	4.08M	1.57M	2.08M	2.95M	3.19M	2.85M	549K	-944K
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	3.99M	5.12M	3.32M	7.11M	9.01M	10.34M	15.42M	15.64M	2.29M	-6.61M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	1.78%	0.28%	-0.35%	1.14%	0.27%	0.15%	0.49%	0.01%	-0.85%	-3.89%
Net Income (Continuing)	3.99M	5.12M	3.32M	7.11M	9.01M	10.34M	14.98M	13.5M	2.13M	-6.61M
EPS (Diluted)+	0.33	0.46	0.31	0.68	0.91	1.10	1.66	1.71	0.26	-0.75
EPS Growth %	1.85%	0.39%	-0.33%	1.19%	0.34%	0.21%	0.51%	0.03%	-0.85%	-3.88%
EPS (Basic)	0.33	0.46	0.31	0.69	0.92	1.11	1.67	1.71	0.26	-0.75
Diluted Shares Outstanding	12.05M	11.17M	10.7M	10.43M	9.92M	9.4M	9.23M	9.14M	8.94M	8.76M

Balance Sheet

	Jun 2016	Jun 2017	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	22.65M	24.29M	26.7M	26.32M	48.74M	65.16M	126.02M	45.6M	123.17M	72.45M
Short Term Investments	1000K	1000K	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	944.66M	1.01B	30.84M	1.17B	1.19B	1.51B	1.7B	1.87B	1.95B	2.03B
Investments Growth %	0.11%	0.07%	-0.97%	36.95%	0.02%	0.26%	0.13%	0.1%	0.04%	0.04%
Long-Term Investments	676.8M	778.66M	30.84M	907.36M	878.94M	1.15B	1.35B	1.55B	1.66B	1.69B
Accounts Receivables	1000K	1000K	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	1.18M	1.09M	1.09M	1.08M
Intangible Assets	998K	986K	1.09M	1.04M	871K	2.12M	3.28M	3.89M	3.79M	3.28M
PP&E (Net)	13.52M	13.24M	13.74M	15.26M	14.34M	14.79M	19.83M	18.09M	24.1M	27.13M
Other Assets	22.77M	32.88M	34.06M	36.25M	36.06M	44.33M	44.51M	51.35M	75.07M	76.94M
Total Current Assets	293.31M	261.91M	40.57M	298.86M	377.12M	447.39M	496.12M	407.25M	426.69M	420.95M
Total Non-Current Assets	714.08M	825.76M	1.18B	959.9M	930.21M	1.21B	1.42B	1.63B	1.78B	1.81B
Total Assets+	1.01B	1.09B	1.22B	1.26B	1.31B	1.65B	1.92B	2.04B	2.2B	2.23B
Asset Growth %	0.08%	0.08%	0.12%	0.04%	0.04%	0.27%	0.16%	0.06%	0.08%	0.01%
Return on Assets (ROA)	0%	0%	0%	0.01%	0.01%	0.01%	0.01%	0.01%	0%	-0%
Accounts Payable	189K	208K	0	521K	373K	53K	393K	455K	3.4M	3.29M
Total Debt+	80.67M	77.43M	144.1M	136.55M	112.93M	109.98M	119.28M	285.36M	327.36M	353.55M
Net Debt	58.02M	53.13M	117.4M	110.23M	64.19M	44.82M	-6.74M	239.76M	204.19M	281.1M
Long-Term Debt	80.67M	77.43M	60M	60M	50M	50M	119.28M	119.36M	119.44M	199.51M
Short-Term Debt	0	0	84.1M	76.55M	62.93M	59.98M	0	166M	201.5M	136.5M
Other Liabilities	1.04M	1.14M	624.14M	1.09M	1.15M	1.12M	1.11M	1.38M	30.8M	33.25M
Total Current Liabilities	738.65M	831.38M	354.48M	1.03B	1.08B	1.42B	1.61B	1.76B	1.88B	1.83B
Total Non-Current Liabilities	81.71M	78.57M	684.14M	61.09M	51.15M	51.12M	119.28M	120.73M	156.67M	250.3M
Total Liabilities	820.36M	909.96M	1.04B	1.09B	1.13B	1.47B	1.73B	1.88B	2.04B	2.08B
Total Equity+	189.74M	177.72M	177.04M	172.26M	176.85M	186.38M	190.48M	158.28M	163.34M	153.88M
Equity Growth %	-0%	-0.06%	-0%	-0.03%	0.03%	0.05%	0.02%	-0.17%	0.03%	-0.06%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.02%	0.03%	0.02%	0.04%	0.05%	0.06%	0.08%	0.09%	0.01%	-0.04%
Book Value per Share	15.75	15.91	16.54	16.51	17.82	19.82	20.64	17.31	18.27	17.57
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	127K	119K	118K	112K	107K	102K	100K	97K	96K	93K
Additional Paid-in Capital	122.59M	112.06M	111.11M	105.83M	102.02M	97.41M	96.13M	95.51M	95.78M	93.36M
Retained Earnings	77.3M	77.52M	78.6M	81.61M	86.16M	92.66M	103.01M	114.42M	107.35M	97.2M
Accumulated OCI	1.9M	-434K	-12.78M	-4.73M	-1.54M	5.44M	288K	-40.54M	-32.64M	-30.17M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Jun 2016	Jun 2017	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	10.58M	1.14M	5.25M	13.34M	14.1M	13.26M	15.15M	15.9M	17.88M	16.88M
Operating CF Growth %	10.02%	-0.89%	3.62%	1.54%	0.06%	-0.06%	0.14%	0.05%	0.12%	-0.06%
Net Income	3.99M	5.12M	3.32M	7.11M	9.01M	10.34M	14.98M	13.5M	2.13M	-6.61M
Depreciation & Amortization	1.38M	1.47M	1.16M	1.58M	1.59M	1.65M	1.54M	2.05M	1.61M	1.42M
Deferred Taxes	-907K	-1.15M	0	-352K	313K	-1.13M	63K	-1.53M	134K	-1.41M
Other Non-Cash Items	-1.43M	1.48M	0	3.13M	-932K	-4.27M	2.77M	1.83M	6.54M	15.85M
Working Capital Changes	6.87M	-7.53M	326K	-30K	2.18M	4.89M	-7.17M	-2.23M	5.35M	6.06M
Cash from Investing+	-93.08M	-80.28M	-158.87M	-60.73M	-19.95M	-315.95M	-136.86M	-237.65M	-84.19M	-87.07M
Purchase of Investments	-123.19M	-41.51M	-112.51M	-63.05M	-58.48M	-307.13M	-153.76M	-87.74M	-21.2M	-108.48M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	63.55M	0	0	0
Other Investing	-129.55M	-118.15M	-55.41M	-86.04M	-13.51M	-274.44M	-210.12M	-190.18M	-116.97M	-47.02M
Cash from Financing+	60.12M	80.78M	125.54M	36.91M	28.27M	319.11M	182.57M	141.32M	143.89M	19.47M
Dividends Paid	0	0	0	-335K	-1.41M	-2.19M	-2.53M	-2.79M	-2.7M	-2.65M
Share Repurchases	-5.5M	-16.55M	-2.21M	-10M	-7.83M	-7.41M	-5.98M	-5.44M	-1.15M	-4.06M
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-1000K	-1000K	1000K	-1000K	-1000K	-1000K	1000K	1000K	1000K	1000K
Other Financing	74.98M	100.58M	61.08M	54.8M	61.13M	328.71M	182.19M	-16.45M	112.52M	11.17M
Net Change in Cash+	-22.38M	1.64M	1.64M	-10.48M	22.42M	16.42M	60.86M	-80.42M	77.57M	-50.72M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	45.03M	22.65M	22.65M	36.8M	26.32M	48.74M	65.16M	126.02M	45.6M	123.17M
Cash at End	22.65M	24.29M	24.29M	26.32M	48.74M	65.16M	126.02M	45.6M	123.17M	72.45M
Interest Paid	4.85M	5.14M	0	8.82M	11.6M	8.04M	4.55M	10.45M	36.53M	56.12M
Income Taxes Paid	2.09M	2.51M	0	1.02M	1.7M	2.9M	4.27M	4.45M	2.13M	83K
Free Cash Flow+	8.52M	179K	4.17M	10.5M	13.67M	11.44M	9.14M	12.99M	16.3M	16.88M
FCF Growth %	4.49%	-0.98%	22.27%	1.52%	0.3%	-0.16%	-0.2%	0.42%	0.26%	0.04%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	2.1%	2.79%	1.87%	4.07%	5.16%	5.69%	8.18%	8.97%	1.42%	-4.17%
Return on Assets (ROA)	0.41%	0.49%	0.29%	0.57%	0.7%	0.7%	0.86%	0.79%	0.11%	-0.3%
Net Interest Margin	2.7%	2.9%	0%	2.9%	2.87%	2.64%	3.02%	3.4%	2.75%	2.47%
Efficiency Ratio	72.75%	69.29%	60.51%	63.48%	58.75%	61.4%	68.61%	68.7%	58.57%	44.49%
Equity / Assets	18.78%	16.34%	14.56%	13.69%	13.53%	11.27%	9.92%	7.75%	7.42%	6.89%
Book Value / Share	15.75	15.91	16.54	16.51	17.82	19.82	20.64	17.31	18.27	17.57
NII Growth	19.29%	15.46%	-100%	-	2.88%	16.44%	32.96%	19.37%	-12.7%	-9%
Dividend Payout	-	-	-	4.71%	15.69%	21.13%	16.43%	17.81%	118.11%	-

Revenue by Segment

	2018	2019	2020
Credit Card Interchange Income	1.74M	1.76M	1.75M
Credit Card Interchange Income Growth	-	1.44%	-1.13%
Deposit Fees	1.67M	1.83M	1.41M
Deposit Fees Growth	-	9.69%	-23.08%
Debit Interchange Income	137K	124K	136K
Debit Interchange Income Growth	-	-9.49%	9.68%
Loan Sales	577K	1.08M	-
Loan Sales Growth	-	86.66%	-
Investment Securities	77K	836K	-
Investment Securities Growth	-	985.71%	-
Cash Surrender Value Of Bank-owned Life Insurance	595K	708K	-
Cash Surrender Value Of Bank-owned Life Insurance Growth	-	18.99%	-
Loan Fees	807K	347K	-
Loan Fees Growth	-	-57.00%	-

Frequently Asked Questions

Growth & Financials

First Northwest Bancorp (FNWB) grew revenue by 11.5% over the past year. This is steady growth.

First Northwest Bancorp (FNWB) reported a net loss of $7.4M for fiscal year 2024.

Dividend & Returns

Yes, First Northwest Bancorp (FNWB) pays a dividend with a yield of 3.02%. This makes it attractive for income-focused investors.

First Northwest Bancorp (FNWB) has a return on equity (ROE) of -4.2%. Negative ROE indicates the company is unprofitable.

Industry Metrics

First Northwest Bancorp (FNWB) has a net interest margin (NIM) of 2.5%. NIM has been under pressure due to interest rate environment.

First Northwest Bancorp (FNWB) has an efficiency ratio of 44.5%. This is excellent, indicating strong cost control.

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First Northwest Bancorp (FNWB) 10-Year Financial Performance & Capital Metrics

FNWB • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingWest Coast Community Banks

Net Interest Income $55M -9.0%
Total Revenue $117M +11.5%
Net Income -$7M -389.3%
Return on Equity -4.17% -393.3%
Net Interest Margin 2.47% -10.2%
Efficiency Ratio 44.49% -24.0%
ROA -0.3% -377.0%
Equity / Assets 6.89% -7.1%
Book Value per Share 17.57 -3.8%
Tangible BV/Share 17.07 -3.7%
Debt/Equity 2.30 +14.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 44.5% efficiency ratio
✓Healthy dividend yield of 3.0%
✓Share count reduced 2.1% through buybacks
✓Trading at only 0.6x book value

✗Weaknesses

✗High debt to equity ratio of 2.3x
✗Weak 3Y average ROE of 2.1%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y13.78%

5Y15.78%

3Y13.85%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM20.83%

EPS CAGR

10Y-

5Y-

3Y-

TTM-29.23%

ROCE

10Y Avg2.89%

5Y Avg3.34%

3Y Avg1.45%

Latest-2.09%

Peer Comparison

West Coast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
BCALSouthern California Bancorp	608.64M	18.83	85.59	45.45%	2.94%	11.23%	8.17%	0.17
CWBCCommunity West Bancshares	447.97M	23.38	51.96	51.89%	4.67%	6.95%	3.83%	0.56
GBCIGlacier Bancorp, Inc.	6.29B	48.39	28.80	11.64%	15.27%	6.57%	3.34%	1.18
GBFHGBank Financial Holdings Inc.	465.21M	32.36	23.28	2%	30.99%	11.8%	5.65%	0.22
BOHBank of Hawaii Corporation	2.86B	71.86	20.77	6.6%	14.57%	10.28%	5.9%	0.45
HFWAHeritage Financial Corporation	867.93M	25.56	20.61	4.64%	13.64%	6.33%	7.03%	0.47
HTBKHeritage Commerce Corp	786.28M	12.82	19.42	3.35%	16.12%	6.19%	4.75%	0.06
NRIMNorthrim BanCorp, Inc.	640.63M	29.00	17.47	23.77%	18.87%	19.99%		0.15

Profit & Loss

	Jun 2016	Jun 2017	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	27.3M	31.52M	0	36.48M	37.53M	43.7M	58.11M	69.36M	60.55M	55.1M
NII Growth %	0.19%	0.15%	-1%	-	0.03%	0.16%	0.33%	0.19%	-0.13%	-0.09%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	32.07M	36.68M	0	45.49M	48.98M	51.43M	63.48M	79.88M	100.02M	111.13M
Interest Expense	4.77M	5.16M	0	9.01M	11.45M	7.72M	5.37M	10.52M	39.47M	56.02M
Loan Loss Provision	233K	1.26M	0	1.17M	669K	5.05M	1.35M	1.53M	1.32M	16.5M
Non-Interest Income+	6.28M	6.3M	46.61M	6.16M	7.28M	16.1M	15.83M	10.83M	4.9M	5.91M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	38.35M	42.98M	46.61M	51.66M	56.26M	67.53M	79.31M	90.7M	104.92M	117.03M
Revenue Growth %	0.19%	0.12%	0.08%	0.11%	0.09%	0.2%	0.17%	0.14%	0.16%	0.12%
Non-Interest Expense	27.9M	29.78M	28.2M	32.79M	33.05M	41.46M	54.41M	62.31M	61.45M	52.07M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	5.45M	6.78M	7.29M	8.68M	11.09M	13.29M	18.17M	16.34M	2.67M	-7.56M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	2%	0.24%	0.08%	0.19%	0.28%	0.2%	0.37%	-0.1%	-0.84%	-3.83%
Pretax Income+	5.45M	6.78M	7.4M	8.68M	11.09M	13.29M	18.17M	16.34M	2.67M	-7.56M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	1.46M	1.66M	4.08M	1.57M	2.08M	2.95M	3.19M	2.85M	549K	-944K
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	3.99M	5.12M	3.32M	7.11M	9.01M	10.34M	15.42M	15.64M	2.29M	-6.61M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	1.78%	0.28%	-0.35%	1.14%	0.27%	0.15%	0.49%	0.01%	-0.85%	-3.89%
Net Income (Continuing)	3.99M	5.12M	3.32M	7.11M	9.01M	10.34M	14.98M	13.5M	2.13M	-6.61M
EPS (Diluted)+	0.33	0.46	0.31	0.68	0.91	1.10	1.66	1.71	0.26	-0.75
EPS Growth %	1.85%	0.39%	-0.33%	1.19%	0.34%	0.21%	0.51%	0.03%	-0.85%	-3.88%
EPS (Basic)	0.33	0.46	0.31	0.69	0.92	1.11	1.67	1.71	0.26	-0.75
Diluted Shares Outstanding	12.05M	11.17M	10.7M	10.43M	9.92M	9.4M	9.23M	9.14M	8.94M	8.76M

Balance Sheet

	Jun 2016	Jun 2017	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	22.65M	24.29M	26.7M	26.32M	48.74M	65.16M	126.02M	45.6M	123.17M	72.45M
Short Term Investments	1000K	1000K	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	944.66M	1.01B	30.84M	1.17B	1.19B	1.51B	1.7B	1.87B	1.95B	2.03B
Investments Growth %	0.11%	0.07%	-0.97%	36.95%	0.02%	0.26%	0.13%	0.1%	0.04%	0.04%
Long-Term Investments	676.8M	778.66M	30.84M	907.36M	878.94M	1.15B	1.35B	1.55B	1.66B	1.69B
Accounts Receivables	1000K	1000K	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	1.18M	1.09M	1.09M	1.08M
Intangible Assets	998K	986K	1.09M	1.04M	871K	2.12M	3.28M	3.89M	3.79M	3.28M
PP&E (Net)	13.52M	13.24M	13.74M	15.26M	14.34M	14.79M	19.83M	18.09M	24.1M	27.13M
Other Assets	22.77M	32.88M	34.06M	36.25M	36.06M	44.33M	44.51M	51.35M	75.07M	76.94M
Total Current Assets	293.31M	261.91M	40.57M	298.86M	377.12M	447.39M	496.12M	407.25M	426.69M	420.95M
Total Non-Current Assets	714.08M	825.76M	1.18B	959.9M	930.21M	1.21B	1.42B	1.63B	1.78B	1.81B
Total Assets+	1.01B	1.09B	1.22B	1.26B	1.31B	1.65B	1.92B	2.04B	2.2B	2.23B
Asset Growth %	0.08%	0.08%	0.12%	0.04%	0.04%	0.27%	0.16%	0.06%	0.08%	0.01%
Return on Assets (ROA)	0%	0%	0%	0.01%	0.01%	0.01%	0.01%	0.01%	0%	-0%
Accounts Payable	189K	208K	0	521K	373K	53K	393K	455K	3.4M	3.29M
Total Debt+	80.67M	77.43M	144.1M	136.55M	112.93M	109.98M	119.28M	285.36M	327.36M	353.55M
Net Debt	58.02M	53.13M	117.4M	110.23M	64.19M	44.82M	-6.74M	239.76M	204.19M	281.1M
Long-Term Debt	80.67M	77.43M	60M	60M	50M	50M	119.28M	119.36M	119.44M	199.51M
Short-Term Debt	0	0	84.1M	76.55M	62.93M	59.98M	0	166M	201.5M	136.5M
Other Liabilities	1.04M	1.14M	624.14M	1.09M	1.15M	1.12M	1.11M	1.38M	30.8M	33.25M
Total Current Liabilities	738.65M	831.38M	354.48M	1.03B	1.08B	1.42B	1.61B	1.76B	1.88B	1.83B
Total Non-Current Liabilities	81.71M	78.57M	684.14M	61.09M	51.15M	51.12M	119.28M	120.73M	156.67M	250.3M
Total Liabilities	820.36M	909.96M	1.04B	1.09B	1.13B	1.47B	1.73B	1.88B	2.04B	2.08B
Total Equity+	189.74M	177.72M	177.04M	172.26M	176.85M	186.38M	190.48M	158.28M	163.34M	153.88M
Equity Growth %	-0%	-0.06%	-0%	-0.03%	0.03%	0.05%	0.02%	-0.17%	0.03%	-0.06%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.02%	0.03%	0.02%	0.04%	0.05%	0.06%	0.08%	0.09%	0.01%	-0.04%
Book Value per Share	15.75	15.91	16.54	16.51	17.82	19.82	20.64	17.31	18.27	17.57
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	127K	119K	118K	112K	107K	102K	100K	97K	96K	93K
Additional Paid-in Capital	122.59M	112.06M	111.11M	105.83M	102.02M	97.41M	96.13M	95.51M	95.78M	93.36M
Retained Earnings	77.3M	77.52M	78.6M	81.61M	86.16M	92.66M	103.01M	114.42M	107.35M	97.2M
Accumulated OCI	1.9M	-434K	-12.78M	-4.73M	-1.54M	5.44M	288K	-40.54M	-32.64M	-30.17M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Jun 2016	Jun 2017	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	10.58M	1.14M	5.25M	13.34M	14.1M	13.26M	15.15M	15.9M	17.88M	16.88M
Operating CF Growth %	10.02%	-0.89%	3.62%	1.54%	0.06%	-0.06%	0.14%	0.05%	0.12%	-0.06%
Net Income	3.99M	5.12M	3.32M	7.11M	9.01M	10.34M	14.98M	13.5M	2.13M	-6.61M
Depreciation & Amortization	1.38M	1.47M	1.16M	1.58M	1.59M	1.65M	1.54M	2.05M	1.61M	1.42M
Deferred Taxes	-907K	-1.15M	0	-352K	313K	-1.13M	63K	-1.53M	134K	-1.41M
Other Non-Cash Items	-1.43M	1.48M	0	3.13M	-932K	-4.27M	2.77M	1.83M	6.54M	15.85M
Working Capital Changes	6.87M	-7.53M	326K	-30K	2.18M	4.89M	-7.17M	-2.23M	5.35M	6.06M
Cash from Investing+	-93.08M	-80.28M	-158.87M	-60.73M	-19.95M	-315.95M	-136.86M	-237.65M	-84.19M	-87.07M
Purchase of Investments	-123.19M	-41.51M	-112.51M	-63.05M	-58.48M	-307.13M	-153.76M	-87.74M	-21.2M	-108.48M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	63.55M	0	0	0
Other Investing	-129.55M	-118.15M	-55.41M	-86.04M	-13.51M	-274.44M	-210.12M	-190.18M	-116.97M	-47.02M
Cash from Financing+	60.12M	80.78M	125.54M	36.91M	28.27M	319.11M	182.57M	141.32M	143.89M	19.47M
Dividends Paid	0	0	0	-335K	-1.41M	-2.19M	-2.53M	-2.79M	-2.7M	-2.65M
Share Repurchases	-5.5M	-16.55M	-2.21M	-10M	-7.83M	-7.41M	-5.98M	-5.44M	-1.15M	-4.06M
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-1000K	-1000K	1000K	-1000K	-1000K	-1000K	1000K	1000K	1000K	1000K
Other Financing	74.98M	100.58M	61.08M	54.8M	61.13M	328.71M	182.19M	-16.45M	112.52M	11.17M
Net Change in Cash+	-22.38M	1.64M	1.64M	-10.48M	22.42M	16.42M	60.86M	-80.42M	77.57M	-50.72M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	45.03M	22.65M	22.65M	36.8M	26.32M	48.74M	65.16M	126.02M	45.6M	123.17M
Cash at End	22.65M	24.29M	24.29M	26.32M	48.74M	65.16M	126.02M	45.6M	123.17M	72.45M
Interest Paid	4.85M	5.14M	0	8.82M	11.6M	8.04M	4.55M	10.45M	36.53M	56.12M
Income Taxes Paid	2.09M	2.51M	0	1.02M	1.7M	2.9M	4.27M	4.45M	2.13M	83K
Free Cash Flow+	8.52M	179K	4.17M	10.5M	13.67M	11.44M	9.14M	12.99M	16.3M	16.88M
FCF Growth %	4.49%	-0.98%	22.27%	1.52%	0.3%	-0.16%	-0.2%	0.42%	0.26%	0.04%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	2.1%	2.79%	1.87%	4.07%	5.16%	5.69%	8.18%	8.97%	1.42%	-4.17%
Return on Assets (ROA)	0.41%	0.49%	0.29%	0.57%	0.7%	0.7%	0.86%	0.79%	0.11%	-0.3%
Net Interest Margin	2.7%	2.9%	0%	2.9%	2.87%	2.64%	3.02%	3.4%	2.75%	2.47%
Efficiency Ratio	72.75%	69.29%	60.51%	63.48%	58.75%	61.4%	68.61%	68.7%	58.57%	44.49%
Equity / Assets	18.78%	16.34%	14.56%	13.69%	13.53%	11.27%	9.92%	7.75%	7.42%	6.89%
Book Value / Share	15.75	15.91	16.54	16.51	17.82	19.82	20.64	17.31	18.27	17.57
NII Growth	19.29%	15.46%	-100%	-	2.88%	16.44%	32.96%	19.37%	-12.7%	-9%
Dividend Payout	-	-	-	4.71%	15.69%	21.13%	16.43%	17.81%	118.11%	-

Revenue by Segment

	2018	2019	2020
Credit Card Interchange Income	1.74M	1.76M	1.75M
Credit Card Interchange Income Growth	-	1.44%	-1.13%
Deposit Fees	1.67M	1.83M	1.41M
Deposit Fees Growth	-	9.69%	-23.08%
Debit Interchange Income	137K	124K	136K
Debit Interchange Income Growth	-	-9.49%	9.68%
Loan Sales	577K	1.08M	-
Loan Sales Growth	-	86.66%	-
Investment Securities	77K	836K	-
Investment Securities Growth	-	985.71%	-
Cash Surrender Value Of Bank-owned Life Insurance	595K	708K	-
Cash Surrender Value Of Bank-owned Life Insurance Growth	-	18.99%	-
Loan Fees	807K	347K	-
Loan Fees Growth	-	-57.00%	-

Frequently Asked Questions

Growth & Financials

First Northwest Bancorp (FNWB) grew revenue by 11.5% over the past year. This is steady growth.

First Northwest Bancorp (FNWB) reported a net loss of $7.4M for fiscal year 2024.

Dividend & Returns

Yes, First Northwest Bancorp (FNWB) pays a dividend with a yield of 3.02%. This makes it attractive for income-focused investors.

First Northwest Bancorp (FNWB) has a return on equity (ROE) of -4.2%. Negative ROE indicates the company is unprofitable.

Industry Metrics

First Northwest Bancorp (FNWB) has a net interest margin (NIM) of 2.5%. NIM has been under pressure due to interest rate environment.

First Northwest Bancorp (FNWB) has an efficiency ratio of 44.5%. This is excellent, indicating strong cost control.