First Northwest Bancorp (FNWB) Financial Statements (2026 and earlier)

Company Profile

Business Address 105 WEST 8TH STREET
PORT ANGELES, WA 98362
State of Incorp. WA
Fiscal Year End December 31
Industry (SIC) 6036 - Savings Institutions, Not Federally Chartered (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments85,11772,448123,16945,596126,01665,155
Cash and cash equivalent85,11772,448123,16945,596126,01665,155
Financing receivable, accrued interest, after allowance for credit loss6,000   
Total current assets:85,11772,448129,16945,596126,01665,155
Noncurrent Assets
Operating lease, right-of-use asset15,59617,001    
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization8,46410,12918,04918,08919,83014,785
Intangible asset, including goodwill, after accumulated amortization, including:1,0621,0821,0861,0891,183 
Other undisclosed intangible asset, including goodwill, after accumulated amortization1,0621,0821,0861,0891,183 
Deferred income tax assets13,63813,73813,00114,091  
Investment, proportional amortization method, elected, amount 4,100     
Total noncurrent assets:42,86041,95032,13633,26921,01314,785
Other undisclosed assets1,979,9182,117,6082,040,4921,963,2051,774,0521,574,409
TOTAL ASSETS:2,107,8952,232,0062,201,7972,042,0701,921,0811,654,349
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt    10,000  
Total current liabilities:    10,000  
Noncurrent Liabilities
Other undisclosed liabilities1,950,6312,078,1242,038,4571,873,7881,730,6011,467,966
Total liabilities:1,950,6312,078,1242,038,4571,883,7881,730,6011,467,966
Equity
Equity, attributable to parent, including:163,199160,476163,340161,573190,961186,383
Common stock95939697100102
Additional paid in capital93,80393,35795,78495,50896,13197,412
Accumulated other comprehensive income (loss)(22,398)(30,172)(32,636)(40,543)2885,442
Retained earnings91,69997,198107,349114,424103,01492,657
Other undisclosed equity, attributable to parent   (7,253)(7,913)(8,572)(9,230)
Equity, attributable to noncontrolling interest    (3,291)(481) 
Other undisclosed equity(5,935)(6,594)    
Total equity:157,264153,882163,340158,282190,480186,383
TOTAL LIABILITIES AND EQUITY:2,107,8952,232,0062,201,7972,042,0701,921,0811,654,349

Income Statement (P&L) ($ in thousands)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues92,44794,29581,78169,95262,80052,737
Gain (loss) on disposition of assets for financial service operations112(1,805)(4,959)9427,6889,580
Net investment income92,33596,10086,74069,01055,11243,157
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(7,320)(16,716)(2,357) (1,350)(5,046)
Gross profit:85,12777,57979,42469,95261,45047,691
Operating expenses(29,964)(12,874)(21,107)(20,409)(15,806)(12,475)
Other operating income (expense), net
(Noninterest Income, Other Operating Income)
3,791(694)3,0341,3842,179849
Operating income:58,95464,01161,35150,92747,82336,065
Interest and debt expense 848 (39,467)(10,515)(5,373)(7,724)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (15,047)
Income from continuing operations before equity method investments, income taxes:59,80264,01121,88440,41242,45013,294
Other undisclosed loss from continuing operations before income taxes(65,236)(71,568)(19,209)(24,069)(24,277) 
Income (loss) from continuing operations before income taxes:(5,434)(7,557)2,67516,34318,17313,294
Income tax expense (benefit)1,243944(549)(2,847)(3,194)(2,954)
Income (loss) from continuing operations:(4,191)(6,613)2,12613,49614,97910,340
Income before gain (loss) on sale of properties:14,97910,340
Net income (loss):(4,191)(6,613)2,12613,49614,97910,340
Net income attributable to noncontrolling interest   1602,149439 
Net income (loss) attributable to parent:(4,191)(6,613)2,28615,64515,41810,340
Undistributed earnings (loss) allocated to participating securities, basic  (4)(11)(141)(505) 
Net income (loss) available to common stockholders, diluted:(4,191)(6,617)2,27515,50414,91310,340

Comprehensive Income ($ in thousands)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):(4,191)(6,613)2,12613,49614,97910,340
Other comprehensive income (loss)7,7742,4647,907(40,831)(5,154) 
Comprehensive income (loss):3,583(4,149)10,033(27,335)9,82510,340
Comprehensive income, net of tax, attributable to noncontrolling interest   1602,149439 
Other undisclosed comprehensive income, net of tax, attributable to parent      6,981
Comprehensive income (loss), net of tax, attributable to parent:3,583(4,149)10,193(25,186)10,26417,321

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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