Banking
First Financial Northwest Executive Compensation (FY24)
FFNW · Executive and director compensation, fiscal 2022 to 2024
Chief executive, fiscal 2024 ◇ Joseph Kiley |
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The paid brief on First Financial Northwest
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Data as of October 14, 2026Latest filing (DEF 14A): April 29, 2025
2 filings cited on this page
Method: intel.velarion.ai/methodology
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100 figures on this page, cited to the filing that reported them. See the citations
More on First Financial Northwest
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Joseph Kiley: $829,390 → $1,080,534 (30.3% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is First Financial Northwest's chief executive and what were they paid?
Total compensation for Joseph Kiley, President and Chief Executive Officer, came to $1,080,534 in fiscal 2024. Kiley's total moved 30.3% higher from the $829,390 reported for fiscal 2023.
Which companies are in First Financial Northwest's peer group?
The disclosed peer group includes American Riviera Bancorp, BayCom Corp., California BanCorp, Central Valley Community Bancorp and Coastal Financial Corporation, among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Joseph Kiley President and Chief | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Richard Jacobson Executive Vice President, | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Simon Soh Senior Vice President and | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Dalen Harrison Executive Vice President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Ronnie Clariza Senior Vice President and | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Joseph Kiley President and Chief | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Richard Jacobson Executive Vice President, | ◇ | — | ◇ | ◇ | ◇ | ◇ | ◇ | ◇ |
Dalen Harrison Executive Vice President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Simon Soh Senior Vice President and | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Ronnie Clariza Senior Vice President and | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Joseph Kiley President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Richard Jacobson Executive Vice President, Chief Operating Officer and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Dalen Harrison Executive Vice President and Chief Banking Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Richard Jacobson | Option | ◇ | — | ◇ | 08/04/33 |
| PSU | ◇ | ◇ | — | — | |
| Joseph Kiley | PSU | ◇ | ◇ | — | — |
| Dalen Harrison | PSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2024
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Ralph C. Sabin Board chair | ◇ | — | — | — | — | ◇ | ◇ |
Joann E. Lee | ◇ | — | — | — | — | ◇ | ◇ |
Roger H. Molvar | ◇ | — | — | — | — | ◇ | ◇ |
Diane C. Davis | ◇ | — | — | — | — | ◇ | ◇ |
Cindy L. Runger | ◇ | — | — | — | — | ◇ | ◇ |
Joseph W. Kiley III and Richard P. Jacobson served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
- American Riviera Bancorp symbol not shown
- BayCom Corp. BCML
- California BanCorp BCAL
- Central Valley Community Bancorp CWBC
- Coastal Financial Corporation CCB
- First Northern Community Bancorp FNRN
- First Northwest Bancorp FNWB
- Five Star Bancorp FSBC
- FS Bancorp, Inc. FSBW
- Oak Valley Bancorp OVLY
- OP Bancorp OPBK
- Pacific Financial Corporation CPF
- PCB Bancorp PCB
- Provident Financial Holdings, Inc. PROV
- Riverview Bancorp, Inc. RVSB
- Sound Financial Bancorp, Inc. SFBC
- Summit State Bank SSBI
- Timberland Bancorp, Inc. TSBK
- United Security Bancshares UBFO
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Joseph Kiley (President and Chief Executive Officer), FY2024 total compensation $1,080,534 (base salary $530,000) [exec_comp, SEC accession 0000939057-25-000101, filed 2025-04-29]What this page does not include
Everything above is a fact First Financial Northwest disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where First Financial Northwest sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
100 figures on this page, cited to the filing that reported them.
100 cited to the filing
Documents cited
- 0000939057-25-000101
- 0000939057-24-000080
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This page is free to cite. Attribution we ask for:
Velarion, “First Financial Northwest executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/FFNW (accessed 2026).
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The paid brief for First Financial Northwest
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
2 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers First Financial Northwest discloses
The companies named in FFNW's own disclosed peer group.
BayCom Corp.California BanCorpCentral Valley Community BancorpCoastal Financial CorporationFirst Northern Community BancorpFirst Northwest BancorpFive Star BancorpFS Bancorp, Inc.Oak Valley BancorpOP BancorpPacific Financial CorporationPCB BancorpProvident Financial Holdings, Inc.Riverview Bancorp, Inc.Sound Financial Bancorp, Inc.Summit State BankTimberland Bancorp, Inc.United Security Bancshares
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Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}