First Northwest Bancorp Management
Management criteria checks 2/4
First Northwest Bancorp's CEO is Matt Deines, appointed in Dec 2018, has a tenure of 6.42 years. total yearly compensation is $811.35K, comprised of 63.4% salary and 36.6% bonuses, including company stock and options. directly owns 1.51% of the company’s shares, worth $1.19M. The average tenure of the management team and the board of directors is 1.6 years and 4.7 years respectively.
Key information
Matt Deines
Chief executive officer
US$811.4k
Total compensation
| CEO salary percentage | 63.38% |
| CEO tenure | 6.4yrs |
| CEO ownership | 1.5% |
| Management average tenure | 1.6yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
First Northwest Bancorp (NASDAQ:FNWB) Has Announced A Dividend Of $0.07
Oct 31
First Northwest Bancorp (NASDAQ:FNWB) Has Announced A Dividend Of $0.07
Jul 29Shareholders May Be Wary Of Increasing First Northwest Bancorp's (NASDAQ:FNWB) CEO Compensation Package
May 24First Northwest Bancorp (NASDAQ:FNWB) Will Pay A Dividend Of $0.07
Aug 01First Northwest Bancorp's (NASDAQ:FNWB) Dividend Will Be $0.07
Jan 29First Northwest Bancorp (NASDAQ:FNWB) Is Paying Out A Dividend Of $0.07
Nov 03First Northwest Bancorp goes ex dividend tomorrow
Aug 10First Northwest Bancorp GAAP EPS of $0.27 misses by $0.08, revenue of $19.46M beats by $0.13M
Jul 27First Northwest Bancorp Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jan 28First Northwest Bancorp (NASDAQ:FNWB) Is Due To Pay A Dividend Of US$0.06
Aug 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -US$5m |
| Dec 31 2024 | US$811k | US$514k | -US$7m |
| Sep 30 2024 | n/a | n/a | -US$9m |
| Jun 30 2024 | n/a | n/a | -US$5m |
| Mar 31 2024 | n/a | n/a | -US$838k |
| Dec 31 2023 | US$599k | US$494k | US$2m |
| Sep 30 2023 | n/a | n/a | US$14m |
| Jun 30 2023 | n/a | n/a | US$16m |
| Mar 31 2023 | n/a | n/a | US$16m |
| Dec 31 2022 | US$721k | US$447k | US$16m |
| Sep 30 2022 | n/a | n/a | US$14m |
| Jun 30 2022 | n/a | n/a | US$14m |
| Mar 31 2022 | n/a | n/a | US$15m |
| Dec 31 2021 | US$787k | US$364k | US$15m |
| Sep 30 2021 | n/a | n/a | US$13m |
| Jun 30 2021 | n/a | n/a | US$13m |
| Mar 31 2021 | n/a | n/a | US$12m |
| Dec 31 2020 | US$746k | US$335k | US$10m |
| Sep 30 2020 | n/a | n/a | US$9m |
| Jun 30 2020 | n/a | n/a | US$8m |
| Mar 31 2020 | n/a | n/a | US$8m |
| Dec 31 2019 | US$649k | US$168k | US$9m |
Compensation vs Market: Matt's total compensation ($USD811.35K) is about average for companies of similar size in the US market ($USD650.80K).
Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.
CEO
Matt Deines (51 yo)
Mr. Matthew P. Deines, also known as Matt, serves as President, Chief Executive Officer and Director of First Fed Bank on August 1, 2019. He serves as President, Chief Executive Officer and Director at Fir...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.4yrs | US$811.35k | 1.51% $ 1.2m | |
| Executive VP & COO | 1.6yrs | US$503.01k | 0.35% $ 276.9k | |
| Executive VP | less than a year | no data | 0.11% $ 89.9k | |
| Executive VP & General Counsel | 7.7yrs | US$380.22k | 0.49% $ 388.4k | |
| Executive VP & Chief Innovation Officer | 1.1yrs | no data | 0.13% $ 102.2k | |
| SVP, General Counsel & Corporate Secretary | no data | no data | no data | |
| VP & Human Resources Manager - First Federal Savings and Loan Association of Port Angeles | no data | no data | no data |
Experienced Management: FNWB's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.4yrs | US$811.35k | 1.51% $ 1.2m | |
| Independent Director | 1.2yrs | US$115.90k | 0.14% $ 113.1k | |
| Independent Chairman of the board | 13.3yrs | US$108.08k | 0.45% $ 353.9k | |
| Independent Director | 9.5yrs | US$80.43k | 1.58% $ 1.2m | |
| Independent Director | 11.6yrs | US$82.09k | 0.47% $ 367.4k | |
| Independent Vice Chairman of Board | 4.7yrs | US$87.20k | 0.14% $ 112.5k | |
| Independent Director | 3.7yrs | US$67.48k | 0.11% $ 90.2k | |
| Independent Director | 2.3yrs | US$80.63k | 0.13% $ 99.5k | |
| Independent Director | less than a year | no data | 0.081% $ 63.6k |
Experienced Board: FNWB's board of directors are considered experienced (4.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/28 00:22 |
| End of Day Share Price | 2025/05/28 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Northwest Bancorp is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Feddie Strickland | Hovde Group, LLC |
| Nathan Race | Piper Sandler Companies |