First Northwest Q1 FY26 net income returns to profit at $6,000; net interest margin widens 27 bps to 3.03%
First Northwest Bancorp FNWB | 0.00 |
- First Northwest Bancorp swung to net income of USD 6,000 from a net loss of USD 9 million.
- Net interest income rose to USD 14.4 million, lifting net interest margin 27 basis points to 3.03%.
- Noninterest income fell 46.8% to USD 2.01 million, while noninterest expense dropped 16.6% to USD 16.68 million.
- Total assets increased 1.2% to USD 2.13 billion; deposits edged up 0.2% to USD 1.6 billion as borrowings climbed to USD 280 million from USD 260 million.
- Nonperforming loans declined 4% to USD 21.7 million; allowance for credit losses on loans eased to USD 16.82 million from USD 16.99 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Northwest Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-015523), on May 07, 2026, and is solely responsible for the information contained therein.
