First Northwest Bancorp (FNWB) - Net Assets
Based on the latest financial reports, First Northwest Bancorp (FNWB) has net assets worth $158.31 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.12 Billion) and total liabilities ($1.97 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check First Northwest Bancorp PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $158.31 Million |
| % of Total Assets | 7.45% |
| Annual Growth Rate | 4.86% |
| 5-Year Change | -17.44% |
| 10-Year Change | -17.12% |
| Growth Volatility | 34.41 |
First Northwest Bancorp - Net Assets Trend (2010–2025)
This chart illustrates how First Northwest Bancorp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of First Northwest Bancorp.
Annual Net Assets for First Northwest Bancorp (2010–2025)
The table below shows the annual net assets of First Northwest Bancorp from 2010 to 2025. Also explore First Northwest Bancorp net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $157.26 Million | +2.20% |
| 2024-12-31 | $153.88 Million | -5.79% |
| 2023-12-31 | $163.34 Million | +3.20% |
| 2022-12-31 | $158.28 Million | -16.90% |
| 2021-12-31 | $190.48 Million | +2.20% |
| 2020-12-31 | $186.38 Million | +5.39% |
| 2019-12-31 | $176.85 Million | +2.66% |
| 2018-12-31 | $172.26 Million | -2.70% |
| 2017-12-31 | $177.04 Million | -6.69% |
| 2016-12-31 | $189.74 Million | -0.49% |
| 2015-12-31 | $190.68 Million | 0.00% |
| 2014-12-31 | $190.68 Million | +135.42% |
| 2013-12-31 | $81.00 Million | +3.02% |
| 2012-12-31 | $78.62 Million | +1.71% |
| 2011-12-31 | $77.30 Million | +0.10% |
| 2010-12-31 | $77.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Northwest Bancorp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 19.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $91.70 Million | 58.31% |
| Common Stock | $95.00K | 0.06% |
| Other Comprehensive Income | $-22.40 Million | -14.24% |
| Other Components | $87.87 Million | 55.87% |
| Total Equity | $157.26 Million | 100.00% |
First Northwest Bancorp Competitors by Market Cap
The table below lists competitors of First Northwest Bancorp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Peel Mining Ltd
AU:PEX
|
$94.48 Million |
|
Beazley plc
LSE:BEZ
|
$94.49 Million |
|
Fortune Mate Indonesia Tbk
JK:FMII
|
$94.50 Million |
|
Data International Co Ltd
TWO:5432
|
$94.51 Million |
|
Eastland Equity Bhd
KLSE:2097
|
$94.44 Million |
|
Grupo TMM S.A.B
MX:TMMA
|
$94.43 Million |
|
Tile Shop Holdings Inc
NASDAQ:TTSH
|
$94.38 Million |
|
Frontier Transport Holdings Ltd
JSE:FTH
|
$94.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Northwest Bancorp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 153,882,000 to 157,264,000, a change of 3,382,000 (2.2%).
- Net loss of 4,191,000 reduced equity.
- Dividend payments of 1,318,000 reduced retained earnings.
- Share repurchases of 113,000 reduced equity.
- Other comprehensive income increased equity by 7,774,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.19 Million | -2.66% |
| Dividends Paid | $1.32 Million | -0.84% |
| Share Repurchases | $113.00K | -0.07% |
| Other Comprehensive Income | $7.77 Million | +4.94% |
| Other Changes | $1.23 Million | +0.78% |
| Total Change | $- | 2.20% |
Book Value vs Market Value Analysis
This analysis compares First Northwest Bancorp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.60x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.56x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $6.38 | $9.93 | x |
| 2011-12-31 | $6.39 | $9.93 | x |
| 2012-12-31 | $6.50 | $9.93 | x |
| 2013-12-31 | $6.69 | $9.93 | x |
| 2014-12-31 | $14.61 | $9.93 | x |
| 2015-12-31 | $15.67 | $9.93 | x |
| 2016-12-31 | $15.75 | $9.93 | x |
| 2017-12-31 | $16.54 | $9.93 | x |
| 2018-12-31 | $16.51 | $9.93 | x |
| 2019-12-31 | $17.82 | $9.93 | x |
| 2020-12-31 | $19.82 | $9.93 | x |
| 2021-12-31 | $20.69 | $9.93 | x |
| 2022-12-31 | $17.67 | $9.93 | x |
| 2023-12-31 | $18.27 | $9.93 | x |
| 2024-12-31 | $17.57 | $9.93 | x |
| 2025-12-31 | $16.47 | $9.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Northwest Bancorp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.91%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 13.40x
- Recent ROE (-2.66%) is below the historical average (2.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 5.04% | 11.44% | 0.05x | 9.70x | $-3.83 Million |
| 2011 | -2.54% | -6.06% | 0.04x | 9.99x | $-9.69 Million |
| 2012 | 2.95% | 7.39% | 0.04x | 9.98x | $-5.54 Million |
| 2013 | 3.29% | 8.46% | 0.04x | 9.82x | $-5.43 Million |
| 2014 | -2.67% | -18.44% | 0.03x | 4.91x | $-24.16 Million |
| 2015 | -2.67% | -15.81% | 0.03x | 4.91x | $-24.16 Million |
| 2016 | 2.10% | 10.41% | 0.04x | 5.32x | $-14.98 Million |
| 2017 | 1.87% | 7.12% | 0.04x | 6.87x | $-14.39 Million |
| 2018 | 4.12% | 13.75% | 0.04x | 7.31x | $-10.12 Million |
| 2019 | 5.10% | 16.02% | 0.04x | 7.39x | $-8.67 Million |
| 2020 | 5.55% | 15.31% | 0.04x | 8.88x | $-8.30 Million |
| 2021 | 8.07% | 19.44% | 0.04x | 10.06x | $-3.68 Million |
| 2022 | 9.68% | 17.25% | 0.04x | 12.64x | $-512.30K |
| 2023 | 1.40% | 2.18% | 0.05x | 13.48x | $-14.05 Million |
| 2024 | -4.30% | -5.65% | 0.05x | 14.50x | $-22.00 Million |
| 2025 | -2.66% | -3.91% | 0.05x | 13.40x | $-19.92 Million |
Industry Comparison
This section compares First Northwest Bancorp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $574,041,500
- Average return on equity (ROE) among peers: 7.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Northwest Bancorp (FNWB) | $158.31 Million | 5.04% | 12.42x | $94.45 Million |
| Ameris Bancorp (ABCB) | $141.98 Million | 7.29% | 7.40x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $804.48 Million | 9.14% | 8.77x | $5.62 Billion |
| ACNB Corporation (ACNB) | $61.12 Million | 12.64% | 7.91x | $656.47 Million |
| Affinity Bancshares Inc (AFBI) | $45.08 Million | 2.57% | 4.16x | $140.18 Million |
| Alerus Financial Corp (ALRS) | $182.82 Million | 9.36% | 8.54x | $822.80 Million |
| Amalgamated Bank (AMAL) | $439.37 Million | 10.16% | 9.66x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $747.42 Million | 6.13% | 9.87x | $979.96 Million |
| Arrow Financial Corporation (AROW) | $334.39 Million | 12.21% | 10.03x | $708.35 Million |
| Associated Banc-Corp (ASB) | $2.88 Billion | 5.86% | 7.41x | $5.62 Billion |
| AmeriServ Financial Inc (ASRV) | $107.25 Million | 3.36% | 12.26x | $78.95 Million |
About First Northwest Bancorp
First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in the United States. The company accepts various deposit instruments, such as checking, money market deposit, savings, and transaction accounts, as well as certificates of deposits. It also offers one-to-four … Read more