First Northwest Bancorp

First Northwest Bancorp reported a net loss of $4.2 million for fiscal year 2025, an improvement from a $6.6 million loss in 2024. The company generated total interest income of $107.0 million, primarily from loans receivable ($90.3 million), and total noninterest income of $11.6 million. However, this was offset by total interest expense of $49.7 million and total noninterest expense of $67.1 million, which included a $5.7 million legal settlement. The net interest margin improved to 2.88% from 2.74% in the prior year. Total assets decreased 5.6% to $2.11 billion, driven by a reduction in loans and investment securities, while total shareholders' equity increased 2.2% to $157.3 million. The company's capital ratios remained above regulatory well-capitalized requirements.

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