Home / Auditor changes / First Northwest Bancorp

2/5First Northwest Bancorp (FNWB): Auditor change

Filed 2025-06-04 路 Form 8-K 路 Accession 0001437749-25-019406 micro

Market data

Price before filing: $8.21 (2025-06-03 close, split/dividend-adjusted)
Market cap at flag: $73.0M (2025-06-04) 路 Latest: $84.8M (2026-10-16)

What happened next

WindowFNWBSPYvs SPY
30 days-2.7%+4.4%-7.1%2025-07-07
90 days-8.6%+7.7%-16.4%2025-09-02
180 days+20.3%+14.8%+5.6%2025-12-01

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 2 insiders bought $32K (2 purchases)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-04-28Galanda Gabriel Steven
Director
Purchase1,000$10.81$11KnoForm 4
2025-06-03DEINES MATTHEW
President / CEO, Director
Purchase2,500$8.30$21KnoForm 4
2025-06-04: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-03-06 to 2025-07-04. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"In accordance with such action, the Audit Committee of the Company's Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company's independent registered public accounting firm."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: routine (post-merger auditor consolidation)
Disagreements reported: no
Former auditor: Moss Adams LLP · New auditor: Baker Tilly US, LLP

Why this score: routine: auditor replaced after company merger/SPAC deal

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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