First Northwest Bancorp

First Northwest Bancorp is a bank holding company for First Federal Savings and Loan Association of Port Angeles. The Bank provides commercial and consumer banking services to individuals and businesses located primarily on the Olympic Peninsula in the State of Washington. These services include deposit and lending transactions that are supplemented with borrowing and investing activities. First Federal’s principal lending activities are concentrated in first lien one- to four-family mortgage loans and commercial and multi-family real estate loans. First Federal also makes construction and land loans, commercial business loans, and consumer loans, consisting primarily of automobile loans and home-equity loans and lines of credit.

Company Growth (employees)
Type
Public
HQ
Port Angeles, US
Founded
1923
Size (employees)
178 (est)
First Northwest Bancorp was founded in 1923 and is headquartered in Port Angeles, US

First Northwest Bancorp Office Locations

First Northwest Bancorp has an office in Port Angeles
Port Angeles, US (HQ)
105 W 8th St

First Northwest Bancorp Data and Metrics

First Northwest Bancorp Financial Metrics

First Northwest Bancorp's revenue was reported to be $11.6 m in Q3, 2017
USD

Revenue (Q3, 2017)

11.6 m

Gross profit (Q3, 2017)

10.3 m

Gross profit margin (Q3, 2017), %

89%

Net income (Q3, 2017)

4 m

EBIT (Q3, 2017)

7.9 m

Market capitalization (17-Aug-2017)

171.8 m

Cash (31-Mar-2017)

11.8 m
First Northwest Bancorp's current market capitalization is $171.8 m.
USDFY, 2015FY, 2016

Revenue

32.2 m38.3 m

Revenue growth, %

19%

Cost of goods sold

4.6 m4.8 m

Gross profit

27.6 m33.6 m

Gross profit Margin, %

86%88%

Sales and marketing expense

12.7 m14.5 m

R&D expense

2.5 m2.7 m

General and administrative expense

3.1 m3.5 m

Operating expense total

33 m27.9 m

EBIT

22.9 m27.2 m

EBIT margin, %

71%71%

Income tax expense

(354 k)1.5 m

Net Income

(5.1 m)4 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Revenue

8.2 m8.8 m9.8 m9.2 m10 m10.2 m11.6 m

Cost of goods sold

1.2 m1.2 m1.2 m1.2 m1.2 m1.3 m1.3 m

Gross profit

7 m7.6 m8.6 m8.1 m8.8 m9 m10.3 m

Gross profit Margin, %

86%86%88%87%88%88%89%

Sales and marketing expense

3.4 m3.3 m3.7 m3.6 m4.2 m3.8 m4.5 m

R&D expense

626 k655 k653 k686 k764 k687 k597 k

General and administrative expense

721 k813 k908 k899 k897 k1 m985 k

Operating expense total

4.7 m4.7 m5.3 m5.2 m5.8 m5.5 m6.1 m

EBIT

5.7 m6.3 m6.8 m7 m7 m7.3 m7.9 m

EBIT margin, %

70%72%69%76%70%71%68%

Pre tax profit

1.6 m955 k985 k1.7 m2.6 m

Income tax expense

(1.2 m)417 k242 k298 k334 k519 k429 k

Net Income

849 k1.7 m(5.8 m)1.2 m1.9 m2.8 m651 k1.8 m4 m
USDFY, 2015FY, 2016

Cash

10.6 m12.8 m

Accounts Receivable

2.5 m2.8 m

PP&E

12.6 m13.5 m

Total Assets

936.8 m1 b

Accounts Payable

265 k189 k

Total Liabilities

820.4 m

Additional Paid-in Capital

126.8 m122.6 m

Retained Earnings

74.6 m77.3 m

Total Equity

190.7 m189.7 m

Financial Leverage

4.9 x5.3 x
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Cash

27.5 m139.3 m10.5 m10.2 m14.2 m10.4 m11.8 m14.4 m11.8 m

PP&E

12.2 m12.1 m12.1 m12.8 m13.6 m13.6 m13.6 m13.7 m13.5 m

Total Assets

788.1 m924.2 m936.8 m958.1 m957.8 m995.4 m1 b1 b1.1 b

Accounts Payable

605.2 m740.8 m644.7 m666.9 m685.1 m709.7 m776.3 m794.1 m807.7 m

Additional Paid-in Capital

126.8 m126.8 m126.8 m125.4 m121.9 m114 m113.5 m

Retained Earnings

80.5 m81.4 m73.8 m75.8 m76.5 m77.1 m77.6 m75.8 m77.6 m

Total Equity

81.9 m83 m191.6 m192.3 m189.4 m191.3 m189.3 m176.9 m178.5 m

Financial Leverage

9.6 x11.1 x4.9 x5 x5.1 x5.2 x5.5 x5.9 x6.1 x
USDFY, 2015FY, 2016

Net Income

(5.1 m)4 m

Depreciation and Amortization

973 k1.1 m

Accounts Receivable

(12.6 m)

Inventories

(4.4 m)

Accounts Payable

1.4 m8 m

Cash From Operating Activities

(1.2 m)10.6 m

Cash From Investing Activities

(119.5 m)(93.1 m)

Long-term Borrowings

(32.3 m)(169.5 m)

Cash From Financing Activities

146.7 m60.1 m

Income Taxes Paid

330 k2.1 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Net Income

849 k1.7 m(5.8 m)1.2 m1.9 m2.8 m651 k1.8 m4 m

Depreciation and Amortization

248 k492 k731 k246 k523 k819 k304 k627 k949 k

Accounts Payable

(11 k)1.6 m(1 k)(22 k)(56 k)(5 k)

Cash From Operating Activities

3.3 m3.8 m(2.8 m)(1.2 m)1.5 m3 m(6 m)(4.3 m)(1.4 m)

Cash From Investing Activities

15.2 m(8.6 m)(119.6 m)(25.1 m)(44.7 m)(82.7 m)(33.7 m)(39.4 m)(75.7 m)

Long-term Borrowings

(32.2 m)(32.2 m)(32.2 m)(32.5 m)(70.5 m)(53.4 m)(138 m)(209.8 m)

Cash From Financing Activities

(10 m)125.1 m145.5 m19.9 m21.9 m55.2 m46.8 m43.7 m77.6 m

Income Taxes Paid

150 k250 k250 k850 k1.3 m1.6 m1.5 m1.7 m2.2 m
USDY, 2017

Revenue/Employee

65.2 k

Financial Leverage

6.1 x

First Northwest Bancorp Market Value History

Traffic Overview of First Northwest Bancorp

First Northwest Bancorp Online and Social Media Presence

First Northwest Bancorp Company Life and Culture

You may also be interested in