First Northwest Bancorp
For the period ended Oct 29, 2026. Filed Oct 29, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Oct 29, 2026 · Filed Oct 29, 2026
Use the contents to explore the available documents and sections.
Contents
EX-99.1 · NET INTEREST MARGIN ANALYSIS
NET INTEREST MARGIN ANALYSIS
(Unaudited)
| Three Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| September 30, 2026 · June 30, 2026 · September 30, 2025 | |||||||||
| Average · Interest · Average · Interest · Average · Interest | |||||||||
| Balance | Earned/ | Yield/ | Balance | Earned/ | Yield/ | Balance | Earned/ | Yield/ | |
| (dollars in thousands) | Outstanding | Paid | Rate | Outstanding | Paid | Rate | Outstanding | Paid | Rate |
| Interest-earning assets: | |||||||||
| Loans receivable, net (1) (2) | $1,561,983 | $21,815 | 5.54% | $1,588,321 | $21,997 | 5.55% | $1,632,684 | $22,814 | 5.54% |
| Total investment securities | 294,960 | 3,067 | 4.13 | 276,147 | 2,723 | 3.96 | 293,723 | 3,244 | 4.38 |
| FHLB dividends | 9,943 | 243 | 9.70 | 12,020 | 282 | 9.41 | 12,810 | 282 | 8.73 |
| Interest-earning deposits in banks | 49,136 | 464 | 3.75 | 48,783 | 453 | 3.72 | 50,150 | 570 | 4.51 |
| Total interest-earning assets (3) | 1,916,022 | 25,589 | 5.30 | 1,925,271 | 25,455 | 5.30 | 1,989,367 | 26,910 | 5.37 |
| Noninterest-earning assets | 143,191 | 143,007 | 146,042 | ||||||
| Total average assets | $2,059,213 | $2,068,278 | $2,135,409 | ||||||
| Interest-bearing liabilities: | |||||||||
| Interest-bearing demand deposits | $142,597 | $99 | 0.28 | $141,339 | $83 | 0.24 | $141,469 | $52 | 0.15 |
| Money market accounts | 466,389 | 2,642 | 2.25 | 455,356 | 2,451 | 2.16 | 464,265 | 2,832 | 2.42 |
| Savings accounts | 241,159 | 974 | 1.60 | 243,735 | 921 | 1.52 | 231,431 | 914 | 1.57 |
| Certificates of deposit, customer | 461,588 | 4,189 | 3.60 | 449,938 | 4,024 | 3.59 | 443,312 | 4,175 | 3.74 |
| Certificates of deposit, brokered | 58,745 | 589 | 3.98 | 51,788 | 554 | 4.29 | 103,959 | 1,110 | 4.24 |
| Total interest-bearing deposits (4) | 1,370,478 | 8,493 | 2.46 | 1,342,156 | 8,033 | 2.40 | 1,384,436 | 9,083 | 2.60 |
| Advances | 204,364 | 2,159 | 4.19 | 252,230 | 2,633 | 4.19 | 265,554 | 2,913 | 4.35 |
| Subordinated debt | 34,685 | 619 | 7.08 | 34,668 | 616 | 7.13 | 34,617 | 345 | 3.95 |
| Total interest-bearing liabilities | 1,609,527 | 11,271 | 2.78 | 1,629,054 | 11,282 | 2.78 | 1,684,607 | 12,341 | 2.91 |
| Noninterest-bearing deposits (4) | 249,784 | 237,762 | 251,448 | ||||||
| Other noninterest-bearing liabilities | 42,502 | 43,529 | 47,978 | ||||||
| Total average liabilities | 1,901,813 | 1,910,345 | 1,984,033 | ||||||
| Average equity | 157,400 | 157,933 | 151,376 | ||||||
| Total average liabilities and equity | $2,059,213 | $2,068,278 | $2,135,409 | ||||||
| Net interest income | $14,318 | $14,173 | $14,569 | ||||||
| Net interest rate spread | 2.52 | 2.52 | 2.46 | ||||||
| Net earning assets | $306,495 | $296,217 | $304,760 | ||||||
| Net interest margin (5) | 2.96 | 2.95 | 2.91 | ||||||
| Average interest-earning assets to average interest-bearing liabilities | 119.0% | 118.2% | 118.1% | ||||||
(1) The average loans receivable, net balances include nonaccrual loans.
(2) Interest earned on loans receivable includesnet deferred costs of$841,000,$775,000 and$410,000 for the three months ended September 30, 2026, June 30, 2026 and September 30, 2025, respectively.
(3) Includes interest-earning deposits (cash) at other financial institutions.
(4) Cost of all deposits, including noninterest-bearing demand deposits, was 2.08%,2.04%, and 2.20% for the three months ended September 30, 2026, June 30, 2026 and September 30, 2025, respectively.
(5) Net interest income divided by average interest-earning assets.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.