First Northwest Bancorp filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

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FORM 8-K

 

 

Date of Report (Date of earliest event reported): December 9, 2025

 

(Exact name of registrant as specified in its charter)

 

 

 

 

 

Registrant's telephone number, including area code:  (360) 457-0461

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

On December 5, 2025, Norman J. Tonina, Jr., a Director of First Northwest Bancorp ("Company") and its banking subsidiary, First Fed Bank ("First Fed"), advised the Boards of Directors of the Company and First Fed (collectively, the "Boards") of his intent to retire from the Boards effective immediately. Mr. Tonina is an independent director, Chair of the Nominating and Corporate Governance Committee for both the Company and First Fed, and member of the Board Loan and Asset Quality Committee for First Fed. The Company issued a press release announcing Mr. Tonina's decision to retire. His decision did not result from any disagreement with the Company or First Fed on any matter relating to either entity’s operations, policies, or practices.

 

The Nominating and Corporate Governance Committee, as part of its ongoing review of the composition of the Company’s Board of Directors, plans to evaluate whether to replace Mr. Tonina with a new director and, if the Nominating and Corporate Governance Committee determines to recommend that Mr. Tonina be replaced with a new director, it will assess the skill set, experience, and other attributes of the Company’s directors to determine a suitable candidate to recommend to the Company’s Board of Directors.

 

A copy of the press release issued by the Company on December 10, 2025, regarding the foregoing is filed as Exhibit 99.1 to this current report on Form 8-K and is incorporated herein by reference.

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.