First Northwest Bancorp
Close on Oct 19, 2026
- Market cap
- $84.75M
- P/E (TTM)
- 59.3
- Dividend yield
- 1.48%
About First Northwest Bancorp
Savings Institutions, Not Federally Chartered, SIC 6036
First Northwest is a bank holding and financial holding company that operates primarily through its subsidiary, First Fed. The institution provides retail and commercial banking services alongside passive non-banking financial investments. Its lending solutions include one-to-four family residential mortgages, commercial real estate loans, multi-family financing, construction and land loans, commercial business loans, and consumer credit such as auto and home-equity loans. Additionally, it offers transaction accounts, savings, money market accounts, and certificates of deposit, serving individuals, small to medium businesses, and non-profit organizations.
The company conducts its operations across Washington State through twelve full-service branch offices and five business centers situated in Clallam, Jefferson, King, Kitsap, Snohomish, and Whatcom counties. It maintains corporate executive offices in Port Angeles, Washington.
Summary of the business section of First Northwest Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- First Northwest Bancorp
- Founded
- 1923
- Headquarters
- Port Angeles, WA
- Address
- 105 West 8th Street 98362
- Phone
- (360) 457-0461
- Website
- ourfirstfed.com
- Employees
- 242, Dec 31, 2025
- Industry
- Savings Institutions, Not Federally Chartered
- Incorporated in
- Washington
- Fiscal year ends
- December 31
- Auditor
- Baker Tilly US, LLP, Everett, Washington
Stock & identifiers
- Ticker
- FNWB
- Exchange
- Nasdaq
- IPO date
- Jan 30, 2015
- Shares outstanding
- 10M, Jul 30, 2026
- Public float
- $68.63M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- SEC CIK
- 1556727
- CUSIP
- 335834107
- ISIN
- US3358341077
- LEI
- 549300YDR3VSTKB9DQ65
- EIN
- 46-1259100
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Curt Queyrouze | President / CEO, Director | 54,770 |
| Matthew Deines | President / CEO, Director | 134,524 |
| Kyle David Henderson | EVP, Chief Credit Officer | 20,088 |
| Jennifer Ellen Gribble | EVP, Chief People Officer | 7,000 |
| John Christopher Walsh | EVP, Chief Banking Officer | 10,000 |
| David Benjamin Edelstein | EVP, Chief Innovation Officer | 14,551 |
| Phyllis Rose Nomura | EVP, Chief Financial Officer | 12,002 |
| Allison Rebecca Mahaney | Chief Legal Officer | 8,411 |
| Geraldine L. Bullard | Interim CEO | 38,282 |
| Christopher Wade Neros | EVP, Chief Banking Officer | 15,890 |
| Christopher J. Riffle | EVP, COO and CDO | 43,185 |
| Derek J. Brown | EVP, Chief HR/Marketing Off. | 29,603 |
| Dana D. Behar | Director | 124,219 |
| Sean Patrick Brennan | Director | 15,756 |
| Lynn Terwoerds | Director | 13,594 |
| Sherilyn G. Anderson | Director | 15,044 |
| Johanna A. Bartee | Director | 9,608 |
| Cindy H. Finnie | Director | 45,331 |
| Gabriel Steven Galanda | Director | 12,566 |
| Diane C. Davis | Director | 9,575 |
| Norman J. Tonina Jr. | Director | 54,847 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr Deines | $1.12M | $1.03M | $507.90K | $65 | – |
| FY2025 Mr Queyrouze | $631.89K | $707.39K | $507.90K | $65 | – |
| FY2025 Ms Bullard | $813.25K | $809.18K | $507.90K | $65 | – |
| FY2024 | $811.35K | $888.00K | $545.64K | $70 | – |
| FY2024 Mr Deines | $801.60K | $888.00K | $545.64K | $70 | – |
| FY2024 Mr Queyrouze | $0 | $0 | $545.64K | $70 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“At December 31, 2025, we had 242 full-time equivalent team members.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 4, 2025 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| May 24, 2021 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Nov 12, 2014 | Listing | Registration of securities on an exchange (Form 8-A) |