First Northwest Bancorp (FNWB) 2022年年度报告「NASDAQ」.pdf

1、ANNUAL REPORT 20222022 ANNUAL REPORTApril 13,2023To Our Stakeholders:On behalf of the team at First Northwest Bancorp and First Fed Bank,we are proud to share our 2022 Annual Report with you.Last year we worked diligently to meet the changing needs of our customers,employees,shareholders,and the com

2、munities weserve by continually sharpening our focus on our vision:to create wellbeing and prosperity for our employees,customers,andcommunities.This commitment means we worked continually to improve service across our customer base,further develop oursmall business service lines,and sustain our inv

3、estment in technology and digital delivery channels.2020TOTALOPERATINGREVENUE:$59.8M2021TOTALOPERATINGREVENUE:$73.9M2022TOTALOPERATINGREVENUE:$80.2MOURFINANCIALPERFORMANCEThis commitment to our vision is evident in our results!First Northwest reported another year of record profits in 2022,totaling$

4、15.6 million.Basic and diluted earnings per share increased to$1.71 for 2022 compared to$1.63 for the previous year.Thiscontinued increase in earnings per share resulted from the combined impact of improved earnings and the successful executionof our share repurchase program.We also announced strate

5、gic partnerships with Splash Financial and The Meriwether Group,a Portland,Oregon-based advisoryand boutique investment banking firm.These opportunities will generate diversified non-interest revenue for First Fed along withbolstering our small business lending relationships.$44.0M$58.3M$69.9MNet In

6、terest Income$1.7M$2.1M$2.2MInterchange IncomeReturn on Average Equity2020FY2021FY2022FYTOTAL SHAREHOLDERS EQUITY$158.3M5.79%8.19%9.09%FIRST NORTHWEST BANCORP12022 ANNUAL REPORTLooking forward,we are focused on strength in liquidity,capital management,and asset quality.Our capital position remainsst