First Northwest Bancorp (First Northwest Bancorp) Total Assets : $2,201.80 Mil (As of Dec. 2023)

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What is First Northwest Bancorp Total Assets?

First Northwest Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $2,201.80 Mil.

During the past 12 months, First Northwest Bancorp's average Total Assets Growth Rate was 6.80% per year. During the past 3 years, the average Total Assets Growth Rate was 13.30% per year. During the past 5 years, the average Total Assets Growth Rate was 15.10% per year. During the past 10 years, the average Total Assets Growth Rate was 13.50% per year.

During the past 13 years, First Northwest Bancorp's highest 3-Year average Total Assets Growth Rate was 21.00%. The lowest was -5.70%. And the median was 12.55%.

Total Assets is connected with ROA %. First Northwest Bancorp's annualized ROA % for the quarter that ended in Dec. 2023 was -1.01%. Total Assets is also linked to Revenue through Asset Turnover. First Northwest Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

First Northwest Bancorp Total Assets Historical Data

The historical data trend for First Northwest Bancorp's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Northwest Bancorp Total Assets Chart

First Northwest Bancorp Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,307.34

1,654.35

1,921.08

2,042.07

2,201.80

First Northwest Bancorp Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															2,042.07	2,172.09	2,162.88	2,153.55	2,201.80

First Northwest Bancorp Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

First Northwest Bancorp's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	163.34	+	2038.457
	=	2,201.80

First Northwest Bancorp's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	163.34	+	2038.457
	=	2,201.80

First Northwest Bancorp (NAS:FNWB) Total Assets Explanation

Total Assets is connected with ROA %.

First Northwest Bancorp's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-22.088	/	( (2153.545	+	2201.797)	/ 2 )
	=	-22.088	/	2177.671
	=	-1.01 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

First Northwest Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	11.266	/	( (2153.545	+	2201.797)	/ 2 )
=	11.266	/	2177.671
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

First Northwest Bancorp Total Assets Related Terms

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First Northwest Bancorp (First Northwest Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Northwest Bancorp (NAS:FNWB) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 West 8th Street, Port Angeles, WA, USA, 98362

Website

https://www.ourfirstfed.com

First Northwest Bancorp is a bank holding company and a financial holding company and is engaged in banking activities through its wholly owned subsidiary, First Fed Bank, as well as certain non-banking financial activities. It includes deposit and lending transactions that are supplemented with other borrowing and investing activities. The bank's principal lending activities are focused on first lien one- to four-family mortgage loans, commercial and multi-family real estate loans, construction and land loans (including lot loans), commercial business loans and consumer loans. Geographically all the operations are functioned through the regions of Washington, US.

Executives

Christopher J Riffle	officer: Executive VP, COO, GC	105 W. 8TH STREET, PORT ANGELES WA 98362
Dana D. Behar	director	105 W. EIGHTH STREET, PORT ANGELES WA 98362
Matthew Deines	officer: President & CEO	C/O FIRST NORTHWEST BANCORP, 105 W. 8TH STREET, PORT ANGELES WA 98362
Tonina Norman J. Jr.	director	105 WEST 8TH STREET, PORT ANGELES WA 98362
Terry A Anderson	officer: EVP/CCO	105 W. 8TH STREET, PORT ANGELES WA 98362
Lynn Terwoerds	director	105 WEST 8TH ST, PORT ANGELES WA 98362
Geraldine L. Bullard	officer: EVP/CFO/Principal Acc't Off.	105 W. 8TH STREET, PORT ANGELES WA 98362
Cindy H. Finnie	director	105 WEST 8TH STREET, PORT ANGELES WA 98362
Christopher Wade Neros	officer: EVP, Chief Lending Officer	105 W 8TH STREET, PORT ANGELES WA 98362
Gabriel Steven Galanda	director	105 W. 8TH STREET, PORT ANGELES WA 98362
Sherilyn G Anderson	director	105 W. 8TH STREET, PORT ANGELES WA 98362
David T. Flodstrom	director	105 WEST 8TH STREET, PORT ANGELES WA 98362
Craig Alan Curtis	director	105 WEST 8TH STREET, PORT ANGELES WA 98362
Randy T. Riffle	officer: EVP/Chief Lending Officer	105 W. 8TH STREET, PORT ANGELES WA 98362
Derek J Brown	officer: EVP, Chief HR/Marketing Off.	105 W. 8TH STREET, PORT ANGELES WA 98362