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First Northwest swings to Q2 FY26 profit of $308,000; net interest margin narrows 8 basis points to 2.95% from Q1 FY26

PUBT·07/29/2026 15:31:44
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First Northwest swings to Q2 FY26 profit of $308,000; net interest margin narrows 8 basis points to 2.95% from Q1 FY26
  • First Northwest Bancorp posted Q2 2026 net income of $308,000, returning to profit from $3.7 million a year earlier.
  • EPS was $0.03, compared with $0.42 in Q2 2025; return on average assets narrowed to 0.06% from 0.68%.
  • Net interest margin slipped 8 basis points to 2.95% from Q1; total cost of funds rose 5 basis points to 2.42%.
  • Customer deposits increased 0.7% to $1.55 billion from Q1, while brokered deposits fell 8.6% to $58.6 million.
  • Curt Queyrouze said the bank is rebalancing away from commercial real estate, targeting efficiency gains beginning in late 2026 and through 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Northwest Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-024792), on July 29, 2026, and is solely responsible for the information contained therein.