v3.26.1
Pay vs Performance Disclosure - USD ($)
 2 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Sep. 16, 2025
Dec. 31, 2025
Jul. 12, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Pay vs Performance Disclosure            
Pay vs Performance Disclosure, Table      

PAY VERSUS PERFORMANCE

The following table presents information regarding our executive compensation pay relative to corporate performance of our principal executive officer (“PEO”) and non-PEO named executive officers (“NEOs”) for 2023, 2024, and 2025. During 2025, Mr. Deines served as PEO from January 1 to July 12; Ms. Bullard served as PEO from July 12 to September 16, and Mr. Queyrouze served as PEO from September 17 through December 31. Accordingly, Summary Compensation Table Total for PEO and Compensation Actually Paid to PEO below are presented separately for each, with Mr. Deines shown as “PEO #1,” Ms. Bullard shown as “PEO #2,” and Mr. Queyrouze shown as “PEO #3.” For purposes of the relationship disclosure below, compensation actually paid to the PEOs during 2025 is discussed on an aggregated basis.

 

YEAR1

    

SUMMARY
COMPENSATION

TABLE TOTAL

FOR PEO #1
($)2

    

SUMMARY
COMPENSATION

TABLE TOTAL

FOR PEO #2
($)2

    

SUMMARY
COMPENSATION

TABLE TOTAL

FOR PEO #3
($)2

    

 

COMPENSATION
ACTUALLY PAID
TO PEO #1
($)2 3
    

COMPENSATION
ACTUALLY PAID
TO PEO #2
($)2 3

    

COMPENSATION
ACTUALLY PAID
TO PEO #3

($)2 3

    

AVERAGE

SUMMARY
COMPENSATION
TABLE TOTAL

FOR NON-PEO

NEOS ($)

    

AVERAGE
COMPENSATION
ACTUALLY PAID

TO NON-PEO

NEOS ($)

    

VALUE OF INITIAL
FIXED $100
INVESTMENT

BASED ON TOTAL SHAREHOLDER

RETURN ($)

    

NET INCOME
(IN

THOUSANDS)
($)

  
20251     1,116,357     813,253     631,886     1,031,578     809,180     707,386     507,895     486,428     64.89     (4,191)  
20242     801,599     -     -     888,003     -     -     545,643     571,797     69.95     (6,613)  
20233     598,644     -     -     619,516     -     -     388,507     395,699     106.08     2,286  

1 In 2025, Mr. Riffle, Mr. Edelstein, and Mr. Henderson were our Non-PEO NEOs. In 2024, Mr. Derek Brown, Ms. Bullard and Mr. Christopher Neros were our Non-PEO NEOs. In 2023, Mr. Riffle and Mr. Neros were our Non-PEO NEOs. 

2 Compensation for each PEO is reflected in the columns corresponding to the following: Mr. Deines shown as “PEO #1,” Ms. Bullard shown as “PEO #2,” and Mr. Queyrouze shown as “PEO #3.” 

3 The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by First Northwest’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in the tables below.

    
Adjustment To PEO Compensation, Footnote      

Compensation Actually Paid reflects adjustments to the values of awards of restricted shares shown in the Summary Compensation Table as set forth in the tables below.

 

PEO

YEAR

SUMMARY
COMPENSATION
TABLE TOTAL ($)

    

INCREASE FOR YEAR-END

FAIR VALUE OF EQUITY

AWARDS GRANTED

DURING YEAR THAT

REMAINED UNVESTED

AT YEAR-END ($)

    

CHANGE IN FAIR
VALUE OF UNVESTED
EQUITY AWARDS

FROM PRIOR YEAR-
END TO CURRENT
YEAR-END ($)

    

CHANGE IN FAIR VALUE

OF UNVESTED EQUITY

AWARDS THAT VESTED

DURING YEAR FROM

PRIOR YEAR-END TO

VESTING DATE ($)

    

DIVIDENDS PAID

ON AWARDS

DURING YEAR

PRIOR TO

VESTING DATE ($)

    

DEDUCTION FOR FAIR
VALUE OF AWARDS

GRANTED IN PRIOR

YEARS THAT WERE

FORFEITED DURING YEAR

($)

    

COMPENSATION
ACTUALLY PAID

($)

  

PEO #1

2025

 1,116,357     0     (2,731)     10,536     2,541     (95,125)     1,031,578  

PEO #2

2025

 813,253     (1,600)     (3,633)     53     1,173     0     809,180  

PEO #3

2025

 631,886     75,500     0     0     0     0     707,386  

 

    
Non-PEO NEO Average Total Compensation Amount       $ 507,895 $ 545,643 $ 388,507
Non-PEO NEO Average Compensation Actually Paid Amount       $ 486,428 571,797 395,699
Adjustment to Non-PEO NEO Compensation Footnote      

NON-PEO

NEOS

YEAR

  

AVERAGE SUMMARY COMPENSATION

TABLE TOTAL

($)

  

AVERAGE INCREASE FOR

YEAR-END FAIR

VALUE OF EQUITY AWARDS

GRANTED DURING YEAR

THAT REMAINED UNVESTED

AT YEAR-END

($)

  

AVERAGE CHANGE
IN FAIR VALUE OF
UNVESTED EQUITY
AWARDS FROM

PRIOR YEAR-END TO
CURRENT YEAR-END
($)

  

AVERAGE CHANGE IN FAIR

VALUE OF UNVESTED

EQUITY AWARDS THAT

VESTED DURING YEAR FROM

PRIOR YEAR-END TO

VESTING DATE

($)

  

AVERAGE

DIVIDENDS PAID

ON AWARDS

DURING YEAR

PRIOR TO

VESTING DATE

($)

  

AVERAGE

DEDUCTION FOR FAIR

VALUE OF

AWARDS GRANTED

IN PRIOR YEARS THAT

WERE FORFEITED

DURING YEAR

($)

  

AVERAGE

COMPENSATION

ACTUALLY PAID

($)

  

2025

   507,895   (5,561)   (4,114)   2,137   867   (14,797)   486,428  

 

 

 

EXECUTIVE COMPENSATION

 

Compensation Actually Paid (“CAP”) to our PEOs and Non-PEO NEOs was higher in 2025 than in 2024, due to one-time payments made to Mr. Deines, Ms. Bullard, and Mr. Riffle. For additional information, please see the Outstanding Equity Award section above.

    
Total Shareholder Return Amount       $ 64.89 69.95 106.08
Net Income (Loss)       (4,191,000) $ (6,613,000) $ 2,286,000
PEO Name Ms. Bullard Mr. Queyrouze Mr. Deines   Mr. Deines Mr. Deines
Mr. Deines [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount       1,116,357 $ 801,599 $ 598,644
PEO Actually Paid Compensation Amount       1,031,578 888,003 619,516
Ms. Bullard [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount       813,253 0 0
PEO Actually Paid Compensation Amount       809,180 0 0
Mr. Queyrouze [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount       631,886 0 0
PEO Actually Paid Compensation Amount       707,386 $ 0 $ 0
PEO | Mr. Deines [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0    
PEO | Mr. Deines [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (2,731)    
PEO | Mr. Deines [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       10,536    
PEO | Mr. Deines [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (95,125)    
PEO | Mr. Deines [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       2,541    
PEO | Ms. Bullard [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (1,600)    
PEO | Ms. Bullard [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (3,633)    
PEO | Ms. Bullard [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       53    
PEO | Ms. Bullard [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0    
PEO | Ms. Bullard [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       1,173    
PEO | Mr. Queyrouze [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       75,500    
PEO | Mr. Queyrouze [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0    
PEO | Mr. Queyrouze [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0    
PEO | Mr. Queyrouze [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0    
PEO | Mr. Queyrouze [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0    
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (5,561)    
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (4,114)    
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       2,137    
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (14,797)    
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       $ 867