First Northwest Bancorp reports Q3 EPS 28c vs 47c last year

Book value per common share was $16.20 at September 30, 2023, compared to $16.56 at June 30, 2023, and $15.69 at September 30, 2022. “The Company continues to manage through this historic interest rate environment by remaining focused on deepening existing relationships and acquiring new customers,” said Matthew P. Deines, President and CEO. “We are also maintaining our commitment to reducing non-interest expense, which bore out in lower operating expenses and an improved efficiency ratio this quarter compared to the linked quarter. We celebrated our 100th anniversary in style during the quarter at an event in Port Angeles, which highlighted our history, strength and commitment to our communities. We also enjoyed great music, culture and food with friends and family.”