First Northwest Bancorp FNWB Income Statement

First northwest bancorp (FNWB)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13
INTEREST INCOME
Interest and fees on loans receivable
39,910	40,166	39,769	39,096	37,955	36,446	34,847	33,518	32,449	31,345	30,483	29,274	27,767	26,335	24,908	23,691	22,745	22,179	22,019	22,046	22,360	22,483	22,497	22,366	0	0	0
Interest on mortgage-backed securities
4,308	4,606	4,837	4,946	4,991	5,031	4,995	5,079	5,127	5,128	4,935	4,779	4,808	4,866	5,145	5,223	5,006	4,486	3,892	3,466	3,170	3,182	3,109	2,993	0	0	0
Interest on investment securities
4,024	3,965	3,944	3,975	3,979	3,831	3,628	3,441	3,177	2,895	2,671	2,555	2,663	2,797	2,956	3,096	2,973	2,768	2,322	1,850	1,459	1,241	1,180	1,149	0	0	0
Interest on deposits and other
245	244	240	225	208	186	173	157	140	116	90	69	56	48	51	58	71	120	128	113	93	39	32	41	0	0	0
FHLB dividends
291	332	342	350	340	311	282	218	174	145	127	126	120	121	128	104	80	52	20	12	10	10	10	10	0	0	0
Total interest income
48,778	49,313	49,132	48,592	47,473	45,805	43,925	42,413	41,067	39,629	38,306	36,803	35,414	34,167	33,188	32,172	30,875	29,605	28,381	27,487	27,092	26,955	26,828	26,559	0	0	0
INTEREST EXPENSE
Interest Expense, Deposits
8,518	8,304	7,875	7,232	6,289	5,350	4,578	3,991	3,664	3,397	3,123	2,859	2,661	2,501	2,315	2,169	2,042	1,927	1,799	1,669	1,564	1,501	1,504	1,537	0	0	0
Borrowings
2,588	3,144	3,702	3,803	3,764	3,663	3,421	3,298	2,918	2,614	2,427	2,300	2,290	2,302	2,417	2,601	2,728	2,850	2,913	2,923	2,935	3,008	3,101	3,192	0	0	0
Total interest expense
11,106	11,448	11,577	11,035	10,053	9,013	7,999	7,289	6,582	6,011	5,550	5,159	4,951	4,803	4,732	4,770	4,770	4,777	4,712	4,592	4,499	4,509	4,605	4,729	0	0	0
Net interest income
37,672	37,865	37,555	37,557	37,420	36,792	35,926	35,124	34,485	33,618	32,756	31,644	30,463	29,364	28,456	27,402	26,105	24,828	23,669	22,895	22,593	22,446	22,223	21,830	0	0	0
Provision for Loan and Lease Losses
1,600	669	692	1,059	1,199	1,174	1,102	905	795	700	910	1,260	1,208	993	583	233	0	0	0	0	508	875	874	1,307	0	0	0
Net interest income after provision for loan losses
36,072	37,196	36,863	36,498	36,221	35,618	34,824	34,219	33,690	32,918	31,846	30,384	29,255	28,371	27,873	27,169	26,105	24,828	23,669	22,895	22,085	21,571	21,349	20,523	0	0	0
NONINTEREST INCOME
Loan and deposit service fees
3,869	3,893	4,682	4,639	4,179	4,167	3,817	3,608	3,581	3,509	3,511	3,511	3,538	3,561	3,554	3,570	3,557	3,556	3,498	3,404	3,334	3,333	3,421	3,447	0	0	0
Mortgage servicing fees, net of amortization
146	176	176	155	171	188	211	302	276	283	283	232	256	259	260	255	266	287	290	305	398	342	324	284	0	0	0
Net gain on sale of loans
1,373	1,077	951	435	497	577	578	816	710	827	865	757	859	595	461	234	300	478	493	548	562	546	656	762	0	0	0
Net gain on sale of investment securities
0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) gain on sale of investment securities
0	-	0	0	0	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of investment securities
-	-	-	-	-	-	-	-	0	-	-	0	0	856	0	-	0	0	-	-	-	-	-	112	0	0	0
Increase in cash surrender value of bank-owned life insurance
893	708	582	585	589	595	601	609	619	648	0	0	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-
Net gain on sale of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-
Income from death benefit on bank-owned life insurance, net
-	-	-	-	-	-	-	-	-	768	961	0	0	341	-	0	-42	-2	-1	0	104	103	94	94	0	0	0
Other income
357	322	299	273	297	315	287	243	199	191	176	205	231	228	271	437	409	450	446	348	371	306	315	291	0	0	0
Total noninterest income
8,079	7,012	6,747	6,086	5,688	5,919	5,664	5,942	5,736	6,455	6,427	6,173	6,959	5,809	6,358	6,177	5,485	5,727	4,828	4,707	4,943	4,810	4,990	4,990	0	0	0
NONINTEREST EXPENSE
Compensation and benefits
19,787	18,999	18,747	18,716	18,708	18,946	18,872	18,598	18,606	18,325	17,551	17,245	16,389	15,504	15,410	14,523	13,844	13,595	12,936	12,703	12,617	12,349	12,019	11,614	0	0	0
Real estate owned and repossessed assets, net
-	-	-	-	-	-	-	-	-	1	-15	16	57	122	74	-307	-232	-150	-261	165	103	174	468	398	0	0	0
Data processing
2,682	2,623	2,642	2,638	2,648	2,645	2,621	2,549	2,489	2,458	2,505	2,665	2,758	2,847	2,813	2,704	2,657	2,597	2,566	2,521	2,441	2,400	2,316	2,200	0	0	0
Occupancy and equipment
4,885	4,642	4,534	4,492	4,479	4,473	4,516	4,419	4,287	4,170	4,004	3,879	3,756	3,670	3,576	3,492	3,395	3,217	3,077	3,058	3,152	3,168	3,138	3,053	0	0	0
Supplies, postage, and telephone
866	883	883	886	887	890	906	906	859	826	775	714	686	649	679	668	664	671	642	663	672	658	668	695	0	0	0
Regulatory assessments and state taxes
788	783	745	708	668	625	584	540	522	529	498	504	475	442	525	485	464	448	343	334	334	335	359	381	0	0	0
Advertising
1,210	1,081	772	760	821	1,002	1,053	1,010	937	792	698	685	625	645	737	797	702	602	494	433	362	421	424	425	0	0	0
Charitable contributions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-
Professional fees
1,223	1,121	1,218	1,259	1,386	1,410	1,530	1,677	1,582	1,631	1,524	1,415	1,489	1,539	1,654	1,757	1,821	1,665	1,354	1,063	906	862	928	945	0	0	0
FDIC insurance premium
5	82	158	306	308	307	306	299	290	268	200	250	273	327	419	424	470	500	532	544	535	537	536	551	0	0	0
FHLB prepayment penalty
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FHLB prepayment penalty
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	0	0	-	-	-	-	-
Other
2,699	2,559	2,618	2,591	2,477	2,559	2,615	2,685	2,738	2,584	2,384	2,404	2,353	2,480	2,362	2,161	2,129	1,891	1,891	1,692	1,650	1,665	1,617	1,660	0	0	0
Total noninterest expense
34,699	33,117	32,661	32,356	32,382	32,857	33,032	32,720	32,361	31,584	30,124	29,777	29,275	28,639	29,442	27,897	26,786	35,685	33,444	33,046	32,689	22,752	22,656	22,105	0	0	0
INCOME BEFORE PROVISION FOR INCOME TAX
9,452	11,091	10,949	10,228	9,527	8,680	7,456	7,441	7,065	7,789	8,149	6,780	6,939	5,541	4,789	5,449	4,804	-5,130	-4,947	-5,444	-5,661	3,629	3,683	3,408	0	0	0
PROVISION FOR INCOME TAX
1,772	2,077	2,023	1,886	1,738	1,575	2,595	2,733	2,768	2,851	1,909	1,662	1,782	1,651	1,374	1,457	1,208	-250	-236	-354	-485	767	846	740	0	0	0
Net Income (Loss) Attributable to Parent
7,680	9,014	8,926	8,342	7,789	7,105	4,861	4,708	4,297	4,938	6,240	5,118	5,157	3,890	3,415	3,992	3,596	-4,880	-4,711	-5,090	-5,176	2,862	2,837	2,668	0	0	0
Earnings Per Share, Basic
-	-	0.25	-	-	-	0.19	-	0.15	-0.01	0.17	-	0.20	-	-	-	0.07	-	-	-	-	-	-	-	-	-	-
Earnings Per Share, Diluted
-	-	0.25	-	-	-	0.19	-	0.14	-0.01	0.17	-	0.20	-	-	-	0.07	-	-	-	-	-	-	-	-	-	-
Basic and diluted earnings per share (in dollars per share)
0.09	-	-	0.21	0.22	-	-	0.15	-	-	-	0.10	-	0.11	0.06	-	-	0.06	0.10	-	-0.62	-	-	-	-	-	-