Risk factors
First Northwest Bancorp (FNWB) risk factors
Item 1A of every First Northwest Bancorp 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors38 risks13 new3 dropped9 reworded
Executive departures in 2025 and early 2026 create significant leadership continuity risks for the bank. Large loan concentrations and nonperforming assets of $24.0 million threaten financial stability.
Filed Mar 12, 2026 - FY2024 10-K risk factors28 risks
Concentrated exposure to Washington state real estate markets heavily influences credit risk and earnings potential. Commercial real estate loans total $723.0 million, representing 42.6% of the loan portfolio. Five largest borrowers account for $95.9 million in credit exposure.
Filed Mar 13, 2025