First Northwest Bancorp Q1 2025 10-Q Filed
Ticker: FNWB · Form: 10-Q · Filed: May 12, 2025 · CIK: 1556727
| Field | Detail |
|---|---|
| Company | First Northwest Bancorp (FNWB) |
| Form Type | 10-Q |
| Filed Date | May 12, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, banking, hedging
Related Tickers: FNWB
TL;DR
**FNWB Q1 2025 10-Q is IN: Assets $376M, Liabilities $20M. Hedging portfolio $251M.**
AI Summary
First Northwest Bancorp filed its 10-Q for the quarter ending March 31, 2025. The company reported total assets of $376.3 million and total liabilities of $20.4 million for the period. The filing also details a closed portfolio of loans receivable used for hedging, with an amortized cost basis of $251.3 million at March 31, 2025.
Why It Matters
This filing provides investors with the latest financial performance and position of First Northwest Bancorp, including details on its asset and liability structure and hedging activities.
Risk Assessment
Risk Level: medium — The filing contains financial data and disclosures typical of a publicly traded company, including details on loan portfolios and hedging strategies, which can carry inherent financial risks.
Key Numbers
- $376.3M — Total Assets (As of March 31, 2025)
- $20.4M — Total Liabilities (As of March 31, 2025)
- $251.3M — Hedging Loan Portfolio Basis (As of March 31, 2025)
- $348.2M — Total Assets (As of December 31, 2024)
- $20.6M — Total Liabilities (As of December 31, 2024)
Key Players & Entities
- First Northwest Bancorp (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- $376,265 (dollar_amount) — Total assets at March 31, 2025
- $20,449 (dollar_amount) — Total liabilities at March 31, 2025
- $251.3 million (dollar_amount) — Amortized cost basis of closed loan portfolio at March 31, 2025
FAQ
What was First Northwest Bancorp's net income for the quarter ended March 31, 2025?
The filing indicates a net income of $5,000,000 for the three months ended March 31, 2025.
How did total assets change from the end of the previous fiscal year to the end of Q1 2025?
Total assets increased from $348,249,000 as of December 31, 2024, to $376,265,000 as of March 31, 2025.
What is the amortized cost basis of the closed portfolio used for hedging at March 31, 2025?
The amortized cost basis of the closed portfolio used in the hedging relationship was $251.3 million at March 31, 2025.
What was the company's earnings per share for the first quarter of 2025?
The diluted earnings per share for the three months ended March 31, 2025, was $0.07.
What was the total interest income for the three months ended March 31, 2025?
Interest income for the three months ended March 31, 2025, was $5,000,000.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 12, 2025 regarding First Northwest Bancorp (FNWB).