First Northwest Bancorp FNWB

Company Overview

First Northwest Bancorp is the bank holding company for First Fed Bank, a community-oriented financial institution headquartered in Port Angeles, Washington. The company operates primarily in the banking and financial services industry, focusing on commercial banking, consumer banking, residential mortgage lending, and small business financial services. Its revenue is generated primarily through net interest income derived from loans and investment securities, along with fee-based income from deposit services and mortgage banking activities.

The company’s core lending activities include commercial real estate loans, one- to four-family residential mortgages, construction and land development loans, commercial business loans, and consumer lending products. First Northwest Bancorp primarily serves customers in western Washington, including individuals, small and medium-sized businesses, nonprofit organizations, and municipal entities. The institution positions itself as a regional community bank with a relationship-based banking strategy emphasizing localized decision-making, community engagement, and diversified lending operations. First Northwest Bancorp traces its origins to 1923 through the formation of First Federal Savings and Loan Association of Port Angeles and later transitioned into a bank holding company structure following its mutual-to-stock conversion completed in 2015.