First Northwest Bancorp (FNWB) financial statements (2022 and earlier)

Company profile

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

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
6/30/2017
6/30/2016
6/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments126654926242345
Cash and cash equivalents126654926242345
Total current assets:126654926242345
Noncurrent Assets
Operating lease, right-of-use asset  5
Property, plant and equipment20151415131413
Intangible assets, net (including goodwill), including:1      
Other undisclosed intangible assets, net (including goodwill)1      
Total noncurrent assets:21151915131413
Other undisclosed assets1,7741,5741,2401,2171,050974879
TOTAL ASSETS:1,9211,6541,3071,2591,0881,010937
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt    1721 
Total current liabilities:    1721 
Noncurrent Liabilities
Other undisclosed liabilities1,7311,4681,1301,086893800746
Total liabilities:1,7311,4681,1301,086910820746
Stockholders' equity
Stockholders' equity attributable to parent, including:191186177172178190191
Common stock0000000
Additional paid in capital9697102106112123127
Accumulated other comprehensive income (loss)05(2)(5)(0)21
Retained earnings103938682787775
Unearned esop shares  (10)(11)(12)(12)(12)
Other undisclosed stockholders' equity attributable to parent(9)(9)     
Stockholders' equity attributable to noncontrolling interest(0)      
Total stockholders' equity:190186177172178190191
TOTAL LIABILITIES AND EQUITY:1,9211,6541,3071,2591,0881,010937

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
6/30/2017
6/30/2016
6/30/2015
Revenues63534541332925
Gain on disposition of assets for financial service operations8101 
Net investment income55434440322724
Cost of revenue(1)(5)(1)(1)(1)(0)(0)
Provision for loan, lease, and other losses(1)(5)(1) 
Amortization of mortgage servicing rights (msrs)      (0)
Financial services costs(1)(1)(0) 
Gross profit:61484540312825
Operating expenses(16)(12)(5)(24)(22)(20)(17)
Other operating income, net
(Noninterest Income, Other Operating Income)
2100000
Operating income:483640161098
Nonoperating income
(Bank Owned Life Insurance Income)
    100
Interest and debt expense(5)(8)(11)(9)(5)(5)(5)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (15)(18)121(9)
Income (loss) from continuing operations before equity method investments, income taxes:421311975(5)
Other undisclosed loss from continuing operations before income taxes(24)      
Income (loss) from continuing operations before income taxes:181311975(5)
Income tax expense (benefit)(3)(3)(2)(2)(2)(1)0
Net income (loss):15109754(5)
Net income attributable to noncontrolling interest0      
Net income (loss) attributable to parent:15109754(5)
Undistributed earnings (loss) allocated to participating securities, basic(1)   
Net income (loss) available to common stockholders, diluted:15109754(5)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
6/30/2017
6/30/2016
6/30/2015
Net income (loss):15109754(5)
Other comprehensive income (loss)(5) 4    
Comprehensive income (loss):101013754(5)
Comprehensive income, net of tax, attributable to noncontrolling interest0      
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 7(1)(3)(2)1(1)
Comprehensive income (loss), net of tax, attributable to parent:101712435(6)

Statements sources

The financial statements are based on the company's filings with the 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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