First Northwest Bancorp (FNWB)

First Northwest Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	93.75	84.61	68.64	55.03	43.06
Interest Income on Investments	18.59	16.29	11.74	8.64	8.62
Total Interest Income	112.34	100.9	80.38	63.67	51.68
Interest Paid on Deposits	42.43	27.02	5.2	3.4	6.66
Interest Paid on Borrowings	13.59	12.45	5.32	1.98	1.06
Total Interest Expense	56.02	39.47	10.52	5.37	7.72
Net Interest Income	56.32	61.43	69.86	58.3	43.96
Net Interest Income Growth (YoY)	-8.32%	-12.07%	19.84%	32.62%	16.09%
Gain (Loss) on Sale of Assets	7.92	-	-	-	-
Gain (Loss) on Sale of Investments	-2.12	-3.98	0.12	2.41	3.15
Other Non-Interest Income	4.96	7.56	7.9	7.95	6.27
Total Non-Interest Income	11.08	4.02	8.84	15.64	15.85
Non-Interest Income Growth (YoY)	175.57%	-54.51%	-43.48%	-1.31%	125.98%
Revenues Before Loan Losses	67.4	65.45	78.7	73.94	59.8
Provision for Loan Losses	16.5	1.32	1.54	1.35	5.05
Revenue	50.9	64.13	77.17	72.59	54.76
Revenue Growth (YoY)	-20.63%	-16.89%	6.31%	32.56%	23.86%
Salaries and Employee Benefits	32.67	29.1	33.67	30.55	22.82
Occupancy Expenses	6.15	3.69	4.2	3.44	3.29
Federal Deposit Insurance	1.88	1.36	0.89	0.75	0.25
Selling, General & Administrative	13.93	19.32	18.32	15.31	11.01
Other Non-Interest Expense	5.36	7.98	5.24	4.36	3.89
Total Non-Interest Expense	59.99	61.45	62.31	54.41	41.25
EBT Excluding Unusual Items	-9.09	2.68	14.85	18.17	13.5
Other Unusual Items	-	-	-	-	-0.21
Pretax Income	-7.56	2.68	16.34	18.17	13.29
Income Tax Expense	-0.94	0.55	2.85	3.19	2.95
Earnings From Continuing Operations	-6.61	2.13	13.5	14.98	10.34
Minority Interest in Earnings	-	0.16	2.15	0.44	-
Net Income	-6.61	2.29	15.65	15.42	10.34
Preferred Dividends & Other Adjustments	-	0.01	0.14	0.51	0.29
Net Income to Common	-6.61	2.28	15.5	14.91	10.05
Net Income Growth	-	-85.39%	1.47%	49.11%	14.71%
Basic Shares Outstanding	9	9	9	9	9
Diluted Shares Outstanding	9	9	9	9	9
Shares Change (YoY)	-1.39%	-2.21%	-0.92%	-1.84%	-5.25%
EPS (Basic)	-0.75	0.26	1.71	1.63	1.07
EPS (Diluted)	-0.75	0.26	1.71	1.63	1.07
EPS Growth	-	-85.06%	4.73%	52.34%	17.58%
Dividend Per Share	0.280	0.280	0.280	0.250	0.210
Dividend Growth	0%	0%	12.00%	19.05%	61.54%
Effective Tax Rate	-	20.52%	17.42%	17.58%	22.22%

Source: S&P Capital IQ. Banks template. Financial Sources.