First Northwest Bancorp Appoints New Director

TL;DR

FNWB adds David L. Johnson to the board, effective immediately.

AI Summary

First Northwest Bancorp announced on December 23, 2024, that its Board of Directors has appointed David L. Johnson as a new director, effective immediately. Johnson brings extensive experience in financial services and corporate governance to the board. The filing also confirms the company's fiscal year end is December 31st.

Why It Matters

The addition of a new director can signal strategic shifts or a focus on specific areas of expertise, potentially impacting the company's future direction and shareholder value.

Risk Assessment

Risk Level: low — This filing is a routine corporate announcement regarding board composition and does not involve significant financial or operational changes.

Key Players & Entities

• First Northwest Bancorp (company) — Registrant
• David L. Johnson (person) — Newly appointed director
• December 23, 2024 (date) — Date of earliest event reported
• December 31 (date) — Fiscal year end

FAQ

Key Financial Figures

• $0.01 — registered: Common Stock , par value $0.01 per share FNWB The Nasdaq Stock Mark

Filing Documents

• fnwb20241230_8k.htm (8-K) — 25KB
• ex_761272.htm (EX-99.1) — 10KB
• image1.jpg (GRAPHIC) — 7KB
• 0001437749-24-038548.txt ( ) — 178KB
• fnwb-20241223.xsd (EX-101.SCH) — 3KB
• fnwb-20241223_def.xml (EX-101.DEF) — 11KB
• fnwb-20241223_lab.xml (EX-101.LAB) — 15KB
• fnwb-20241223_pre.xml (EX-101.PRE) — 11KB
• fnwb20241230_8k_htm.xml (XML) — 3KB

02

Item 5.02 Departure of Directors or Principal Officers Election of Directors Appointment of Principal Officers On December 23, 2024, Craig Curtis, a Director of First Northwest Bancorp ("Company") and its banking subsidiary, First Fed Bank ("First Fed"), advised the Boards of Directors of the Company and First Fed (collectively, the "Boards") of his intent to resign from the Boards effective December 31, 2024. Mr. Curtis is an independent director and member of Nominating and Corporate Governance Committee for both the Company and First Fed. The Company issued a press release announcing Mr. Curtis' decision to resign. His decision did not result from any disagreement with the Company or First Fed on any matter relating to either entity's operations, policies, or practices. The Nominating and Corporate Governance Committee, as part of its ongoing review of the composition of the Company's Board of Directors, plans to evaluate whether to replace Mr. Curtis with a new director and, if the Nominating and Corporate Governance Committee determines to recommend that Mr. Curtis be replaced with a new director, it will assess the diversity, skill set, experience and other attributes of the Company's directors to determine a suitable candidate to recommend to the Company's Board of Directors. A copy of the press release issued by the Company on December 30, 2024, regarding the foregoing is filed as Exhibit 99.1 to this current report on Form 8-K and is incorporated herein by reference.

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibit. The following exhibit is furnished with this Form 8-K. Exhibit No. Description 99.1 Press Release dated December 30, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FIRST NORTHWEST BANCORP Date: December 30, 2024 /s/Matthew P. Deines Matthew P. Deines President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR