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Company Description (as filed with the SEC)
First Northwest Bancorp ("First Northwest" or the "Company"), a Washington corporation, was formed for the purpose of becoming the bank holding company for First Federal Savings and Loan Association of Port Angeles ("First Federal" or the "Bank") in connection with the Bank's conversion from the mutual to stock form of ownership, which was completed on January 29, 2015. At June 30, 2016, we had total assets of $1.0 billion, total deposits of $723.3 million, and total shareholders' equity of $189.7 million. The Company's business activities are generally limited to passive investment activities and oversight of its investment in First Federal. Accordingly, the information set forth in this report, including consolidated financial statements and related data, relates primarily to First Federal. First Northwest is a bank holding company and is subject to regulation by the Board of Governors of the Federal Reserve System ("Federal Reserve"). ... More ...