For the quarter ending 2025-09-30, FNWB made $57,734K in revenue. $802K in net income. Net profit margin of 1.39%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Interest and fees on loans receivable | 22,814 | 22,814 | 22,231 | 23,536 |
| Interest on investment securities | 3,244 | 3,466 | 3,803 | 3,786 |
| Interest on deposits and other | 570 | 520 | 482 | 582 |
| Fhlb dividends | 282 | 331 | 307 | 302 |
| Total interest income | 26,910 | 27,131 | 26,823 | 28,206 |
| Deposits | 9,083 | 9,552 | 9,737 | 10,960 |
| Borrowings | 3,258 | 3,386 | 3,239 | 3,226 |
| Total interest expense | 12,341 | 12,938 | 12,976 | 14,186 |
| Net interest income | 14,569 | 14,193 | 13,847 | 14,020 |
| (recapture of) provision for credit losses on loans | -620 | -296 | 7,770 | 3,077 |
| (recapture of) provision for credit losses on unfunded commitments | -53 | -64 | 15 | 57 |
| (recapture of) provision for credit losses | -673 | -360 | 7,785 | 3,134 |
| Net interest income after (recapture of) provision for credit losses | 15,242 | 14,553 | 6,062 | 10,886 |
| Loan and deposit service fees | 1,114 | 1,095 | 1,106 | 1,059 |
| Sold loan servicing fees and servicing rights mark-to-market | 85 | 92 | 195 | 10 |
| Net (loss) gain on sale of loans | -39 | 44 | 11 | 58 |
| Net loss on sale of investment securities | 0 | 0 | - | - |
| Net gain on sale of premises and equipment | 0 | 0 | - | - |
| Increase in boli cash surrender value | 539 | 485 | 372 | 315 |
| Income from boli death benefit, net | 0 | 0 | 1,059 | - |
| Other income | 303 | 454 | 1,034 | 337 |
| Total noninterest income | 2,002 | 2,170 | 3,777 | 1,779 |
| Compensation and benefits | 8,353 | 4,698 | 7,715 | 8,582 |
| Data processing | 1,941 | 1,926 | 2,011 | 2,085 |
| Occupancy and equipment | 1,505 | 1,507 | 1,592 | 1,553 |
| Supplies, postage, and telephone | 344 | 346 | 298 | 360 |
| Regulatory assessments and state taxes | 558 | 501 | 479 | 548 |
| Advertising | 282 | 299 | 265 | 409 |
| Professional fees | 2,668 | 1,449 | 777 | 698 |
| Fdic insurance premium | 411 | 463 | 434 | 533 |
| Other expense | 1,328 | 1,576 | 6,429 | 1,080 |
| Total noninterest expense | 17,390 | 12,765 | 20,000 | 15,848 |
| Loss before (benefit) provision for income taxes | -146 | 3,958 | -10,161 | -3,183 |
| (benefit) provision for income taxes | -948 | 297 | -1,125 | -1,203 |
| Net income (loss) | 802 | 3,661 | -9,036 | -1,980 |
| Us-gaap_netincomeloss | - | - | - | -1,980 |
| Basic and diluted earnings (loss) per common share (in dollars per share) | 0.09 | 0.42 | -1.03 | -0.23 |
| Basic weighted average common shares outstanding (in shares) | 8,808,036 | 8,783,035 | 8,747,422 | 8,756,765 |
| Diluted earnings (loss) per common share (in dollars per share) | 0.09 | 0.42 | -1.03 | -0.23 |
| Us-gaap_weightedaveragenumberofdilutedsharesoutstanding | 8,813,632 | 8,791,478 | 8,747,422 | 8,756,765 |
First Northwest Bancorp (FNWB)
First Northwest Bancorp (FNWB)