First Northwest Bancorp · NASDAQ:FNWB
First Northwest Bancorp — Sandler O'Neill + Partners West Coast Financial Services Conference 2016
13 slides from First Northwest Bancorp's conference presentation, Mar 7, 2016
Slide 1: Sandler O'Neill West Coast Financial Services Conference
Sandler O'Neill + Partners, Li West Coast Financial Services Conference March 7-8, 2016
Slide 2: Safe Harbor Statement
fe Harbor Stateme ve cg
Slide 3: Company Snapshot
Company Snapshot First Northwest Bancorp + 1P0 January 2015 a $10.00/Share + NASDAQ Global Select Market: FNWE + state chartered savings bank founded March 1923 in Port Angeles Washington + Total assets: $958 milion * Net loans: $527 million + Total deposits: $685 milion
Slide 4: Investment Highlights
Investment Highlights © Community-oriented approach with robust market share in_ ) Olympic Peninsula markets and growing presence in strategic markets along the I-5 corridor © Focused on growing commercial loan products and reducing dependence on residential lending © Continued focus on building cor
Slide 5: December 31, 2015 Highlights
December 31, 2015 Highlights ‘As compared to the prior quarter: © Net interest income increased $463k or 7% © Net loans increased $30mm or 6% © Borrowings decreased $15mm or 16% © Deposits increased $18mm or 3% * Driven by business development efforts in new and existing markets © Completed 8% repur
Slide 6: Management
Title President Chief Executive Officer Executive Vice President (Chet Financial Officer Executive Vice President Chief Banking Officer Executive Vice President Chief Credit officer Executive Vice President Chief Operations Officer Manageme!
Slide 7: Geographic Diversification
eographic Diversificati Olympic Peninsula Port Angeles(4) Port Townsend Puget Sound Silverdale 1 Bellinghamn(r
Slide 8: Company Performance — Balance Sheet
Company Performance — Balance Sheet Total Assets Deposits ‘inmilions Sinmilions Loans Receivable, Net Equity ‘Sinmilone Sinmilions
Slide 9: Company Performance — Earnings
Company Performance — Earnings Net income (Loss) Net Interest Margin ‘nooo Return on Assets Return on Equity
Slide 10: Company Performance
Company Performance Nonperforming Assets (% of Assets) Nonperforming Loans (% of Loans) | [ l Liz | us ss
Slide 11: Loan Portfolio Diversification
Loan Portfolio Diversification Loan Concentrations
Slide 12: Deposit Composition
Deposit Compositio Deposit Concentrations ‘December 2015. Cost of Depot forthe fiscal yearend ne 30, 2015 Deposit Concentrations
Slide 13: Well Capitalized Balance Sheet
Well Capitalized Balance Sheet Bank Capital Ratios