First Financial Northwest reports Q2 EPS 16c, consensus 20c

The Bank’s Tier 1 leverage and total capital ratios were 10.0% and 15.8% at June 30, 2023, compared to 10.2% and 15.6% at March 31, 2023, and 10.5% and 15.5% at June 30, 2022, respectively. Book value per share was $17.35. “The Bank first opened for business in July 1923, and we are honoring our 100 years of service to the community in several ways. We hosted events with customers, prospects and business associates and held community events at designated branches during the quarter. We expanded our social media outreach to highlight our exceptional history of delivering personalized financial services that provide unique, innovative solutions to our customers, including a video interview spotlighting H. A. “Harry” Blencoe, who served as Chairman of the Board and CEO from 1961 to 2005 and who celebrated his 99th birthday earlier this year. We also distributed tokens of our appreciation to our largest loan and deposit customers, as well as to each of our employees, as a special thank you for their continued support during the Bank’s 100-year anniversary,” stated Joseph W. Kiley III, President and CEO.