First Northwest Bancorp. Stock Analysis FNWB

First Northwest Bancorp is a bank holding company which engages in the provision of commercial, mortgage, and lending activities and investment. The company is headquartered in Port Angeles, Washington and currently employs 242 full-time employees. The company went IPO on 2015-01-30. The firm is engaged in banking activities through its wholly owned subsidiary, First Fed Bank (the Bank), as well as certain non-banking financial activities. The Bank operates in 18 locations, including twelve full-service branches and six business centers, including its headquarters, located in Clallam, Jefferson, King, Kitsap, Snohomish, and Whatcom counties. The Bank’s principal lending activities are concentrated in real estate secured loans with first lien one-to-four family mortgages, commercial, and multifamily loans. The company also makes construction and land loans, commercial business loans, and consumer loans, consisting primarily of home-equity loans and lines of credit. The company also offers traditional consumer and business deposit products, including transaction accounts, savings and money market accounts and certificates of deposit for individuals and businesses.