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Q3 Tangible Book Value Per Share at $15.52
Reports Q3 tangible book value per share $15.52. "We are encouraged by the continued momentum in our core banking franchise during the third quarter, including stable net interest income, modest net interest margin expansion and growth in customer deposits. These results reflect the progress we are making to enhance our funding mix and strengthen the balance sheet. Although reported results were affected by a higher provision for credit losses and the settlement of a previously disclosed legal matter, nonperforming loans declined and allowance coverage improved. With a stable capital position and several strategic and operational initiatives underway, we believe we are building a stronger foundation for improved profitability and long-term shareholder value."
Company Reports Q2 Revenue of $16.18M, Below Estimates
Reports Q2 revenue $16.18M, two estimates $16.95M. Reports Q2 core banking revenues remained steady, supported by an $11.3M increase in customer deposits. "At the midpoint of 2026, we continue to execute a disciplined transformation to improve operating efficiency and reposition the balance sheet for long-term performance," said CEO Curt Queyrouze.
Company Reports Q1 Revenue of $16.4M
Reports Q1 revenue $16.4M vs. $17.6M last year. Reports net interest margin expanded for the sixth consecutive quarter to 3.03% vs. 2.76% last year, primarily due to a decrease in the rate paid on interest-bearing liabilities. "As we move through 2026, we are executing a disciplined transformation to improve our operating efficiency and reposition the balance sheet for long-term performance," said CEO Curt Queyrouze.
First Fed Bank Appoints Jennifer Gribble as Chief People Officer
First Fed Bank, a wholly owned subsidiary of First Northwest, named Jennifer Gribble as its new Chief People Officer. Gribble joins First Fed from Ideal Image, where as Chief People Officer, she led all HR functions including talent acquisition, performance management, employee engagement, organizational development and compensation and benefits.
First Northwest Reports Q4 Revenue of $18.38M
Reports Q4 revenue $18.38M vs $16.437M last year. "As we enter 2026, we are building on momentum that began in 2025," said Curt Queyrouze, President and Chief Executive Officer of First Northwest and First Fed. "Our focus is clear: to position First Fed as a high-performing bank by leveraging data to operate more efficiently, strengthening our core deposit base and generating high-quality, relationship-based loan growth. I am encouraged by the progress our team has made and believe we are well prepared for the year ahead. The First Fed team remains committed to serving our communities and delivering exceptional service."
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