First Northwest Bancorp
For the period ended May 19, 2026. Filed Apr 9, 2026.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 19, 2026 · Filed Apr 9, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐
Check the appropriate box:
| ☒ | Preliminary Proxy Statement |
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| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
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| ☐ | Definitive Proxy Statement |
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| ☐ | Definitive Additional Materials |
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| ☐ | Soliciting Material Pursuant to §240.14a-12 |
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FIRST NORTHWEST BANCORP
(Name of registrant as specified in its charter)
(Name of person(s)filing proxy statement, if other than the registrant)
Payment of Filing Fee (Check the appropriate box):
| ☒ | No fee required. |
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| ☐ | Fee paid previously with preliminary materials. |
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| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
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| April 9, 2026 | |
| Curt Queyrouze President and Chief Executive Officer | Dear Fellow Shareholders: On behalf of the Board of Directors and management of First Northwest Bancorp, you are invited to join us for the 2026 Annual Meeting of Shareholders. The meeting will take place in person at 4:00 p.m. (Pacific Time) on Tuesday, May 19, 2026, at Field Arts and Events Hall, 201 W. Front Street, Port Angeles, Washington 98362. The enclosed Proxy Statement details the proposals for shareholder consideration at this year’s Annual Meeting of Shareholders. We encourage you to participate in this important event, where the Board of Directors and management team will share insights on current operations and provide a forum for your questions and feedback. Regardless of whether you can attend, your vote matters. To ensure your shares are represented, please submit your proxy promptly (1) by voting online, (2) by calling the designated phone number, or (3) if you received paper materials by mail, by signing, dating, and returning the enclosed proxy card or voting instruction form in the envelope provided for your convenience. Last year First Northwest navigated an important transition and emerged with a renewed focus on solidifying core earnings, creating greater efficiency across the organization, and committed to data-driven decision-making. These changes go beyond operations. They reflect our mission to improve the lives of those we serve. By building a stronger foundation and enhancing our ability to deliver value, we reinforced our commitment to our shareholders, customers, and communities. Thank you for your trust and support. We look forward to sharing our progress and hearing your feedback at the Annual Meeting. Sincerely, |
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Curt Queyrouze President and Chief Executive Officer
NOTICE OF ANNUAL MEETING
The Board of Directors of First Northwest Bancorp (the “Board”) is distributing this Proxy Statement to solicit proxies from our shareholders for use at our 2026 Annual Meeting of Shareholders. We first provided electronic access to this Proxy Statement, a form of proxy card, and our Annual Report to our shareholders on or about April 9, 2026. This year’s Annual Meeting will be in person. You will be able to attend and participate in the Annual Meeting at the time, date, and location shown below.
| Meeting Date: May 19, 2026 Meeting Time: 4:00 p.m. (Pacific Time) Record Date: March 20, 2026 | Meeting Location: Field Arts and Events Hall 201 W. Front Street Port Angeles, Washington 98362 |
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ANNUAL MEETING BUSINESS
**PROPOSAL 1: **Election of nine directors to serve a one-year term;
**PROPOSAL 2: **Approval of the Second Amended and Restated Articles of Incorporation of First Northwest Bancorp to, among other things, remove supermajority voting provisions and permit removal of directors by the shareholders with or without cause;
**PROPOSAL 3: **Approval of the Amended and Restated 2020 Equity Incentive Plan;
**PROPOSAL 4: **An advisory (non-binding) vote to approve the compensation of our named executive officers, as disclosed in this Proxy Statement; and
**PROPOSAL 5: **Ratification of the appointment of Baker Tilly US, LLP as our independent registered public accounting firm for the year ending December 31, 2026.
YOUR VOTE IS IMPORTANT. We urge you to read this Proxy Statement carefully. Whether or not you plan to attend the Annual Meeting, we urge you to vote promptly through the Internet, by telephone, or by mail. This will ensure the presence of a quorum at the meeting. For instructions on voting, please refer to the instructions on theNotice of Internet Availability of Proxy Materialsyou received in the mail. You can also request to receive proxy materials by mail or e-mail. Promptly voting your shares via the Internet; by telephone; or by signing, dating, and returning the proxy card or voting instruction form helps avoid the expense of additional solicitation. If you are a shareholder of record and vote at the Annual Meeting, your proxy will not be used.
By Order of the Board of Directors
Allison R. Mahaney, EVP
Chief Legal Counsel / Corporate Secretary
Port Angeles, Washington
April 9, 2026
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