First Northwest Bancorp Q2 net income $308,000, up from Q1 but down from $3.7 million
First Northwest Bancorp reported second-quarter 2026 net income of $308,000, or $0.03 per share, up from $6,000 in the first quarter but down from $3.7 million, or $0.42 per share, a year earlier. Net interest margin narrowed to 2.95% from 3.03% in the prior quarter, and total assets fell to $2.12 billion, so shareholders see sequential profit recovery alongside a sharp year-over-year decline.
Key points
- Net income was $308,000 for Q2 2026, compared with $6,000 in Q1 2026 and $3.7 million in Q2 2025.
- Basic and diluted EPS were $0.03, compared with $0.00 in Q1 2026 and $0.42 in Q2 2025.
- Net interest margin fell to 2.95% from 3.03% in Q1 2026; the efficiency ratio was 101.3%.
- Customer deposits rose $11.3 million to $1.55 billion, while total assets fell $8.6 million to $2.12 billion at June 30, 2026.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.