First Northwest Bancorp ( NASDAQ:FNWB ) has announced that it will pay a dividend of $0.07 per share on the 24th of...

First Northwest Bancorp ( NASDAQ:FNWB ) First Quarter 2024 Results Key Financial Results Revenue: US$15.1m (down 21...

PORT ANGELES, Wash., April 25, 2024 (GLOBE NEWSWIRE) -- "The company returned to profitability in Q1 2024 following the first step of our balance sheet restructure in the fourth quarter of 2023," said Matthew P. Deines, President and CEO. "We continue to execute on this strategy as we added over $90 million in current market rate loans and securities over the course of the first quarter. We will continue this strategy in the second quarter as we prepare to execute on a sale-leaseback transaction

Chris Riffle, Chief Strategy Officer, and David Edelstein, Chief Innovation Officer. First Fed Bank has announced two new executive roles to foster a sharpened focus on digital and strategic initiatives. PORT ANGELES, Wash., April 08, 2024 (GLOBE NEWSWIRE) -- First Fed Bank has announced two new executive roles to foster a sharpened focus on digital and strategic initiatives. David Edelstein has been hired as Chief Innovation Officer, and will lead digital banking, technology, data, and fintech

Sean Brennan Appointed to First Fed Board Sean Brennan, new FNWB Board Member, and Matt Deines, President and CEO of First Fed Bank and FNWB. PORT ANGELES, Wash., March 27, 2024 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB), announced today that Sean Brennan has been appointed to the Board of Directors. "Sean is a respected, results-oriented leader with over 35 years of financial industry experience. As a commercial banking executive, he built an impres

PORT ANGELES, Wash., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Matthew P. Deines, President and CEO, comments on financial results:"2023 was the most challenging year for many banks since the great recession," said Matthew P. Deines, President and CEO. "That was certainly the case for First Northwest Bancorp and First Fed Bank. In spite of our challenges, we celebrated our 100th anniversary in 2023, and we continue to celebrate our customers, employees and communities as we enter our second century. Whi

Sherilyn Anderson Elected Vice Chair of First Fed Board Vice Chair Sherilyn Anderson, CEO Matt Deines, and Board Chair Cindy Finnie of First Northwest Bancorp (FNWB). PORT ANGELES, Wash., Dec. 11, 2023 (GLOBE NEWSWIRE) -- First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB) (“Company”), today announced that Sherilyn Anderson has been elected as to Board Vice Chair. Anderson has served as a Board Member since 2020. "Sherilyn is a seasoned financial leader with deep banking industr

PORT ANGELES, Wash., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Matthew P. Deines, President and CEO, comments on financial results: "The Company continues to manage through this historic interest rate environment by remaining focused on deepening existing relationships and acquiring new customers," said Matthew P. Deines, President and CEO. "We are also maintaining our commitment to reducing non-interest expense, which bore out in lower operating expenses and an improved efficiency ratio this quarter co

Geri Bullard, COO and CFO Geri Bullard has been promoted to Chief Operating Officer of First Fed Bank. PORT ANGELES, Wash., Oct. 02, 2023 (GLOBE NEWSWIRE) -- First Fed Bank has announced the promotion of Geri Bullard to Chief Operating Officer leading the deposit operations, loan operations, and reporting teams. Bullard has over 20 years of leadership experience in financial services. In addition to her new role as COO, Bullard will continue to serve as Chief Financial Officer, an executive posi

PORT ANGELES, Wash., July 27, 2023 (GLOBE NEWSWIRE) -- Matthew P. Deines, President and CEO, comments on financial results:"We grew deposits this quarter and are cautiously optimistic that funding costs have begun to stabilize," said Matthew P. Deines, President and CEO of First Northwest Bancorp. "We continue to focus on the blocking and tackling of community banking and expect actions we took in the second quarter will result in lower expenses in future quarters. Loan growth continues to moder