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First Northwest Bancorp Executive Compensation (FY25)

FNWB · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Curt Queyrouze
Median of the other named officers
$615,310
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 19, 2026
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Data as of October 22, 2026Latest filing (8-K): May 22, 2026
16 filings cited on this page
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217 figures on this page: 206 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
This company is not required to report a chief executive pay ratio.

More on First Northwest Bancorp

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Matthew Deines → Curt Queyrouze
Say-on-pay support: 80.0% → 90.4% (10.4 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is First Northwest Bancorp's chief executive and what were they paid?
Curt Queyrouze was paid $631,886 in total compensation as President and Chief Executive Officer for fiscal 2025.
What was First Northwest Bancorp's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 90.4% of votes cast for or against in favor at the meeting held May 19, 2026.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Matthew Deines
President and Chief Executive Officer
◇—◇—◇—◇◇
Kelly Liske
Former Executive Vice President and Chief Banking Officer (through June 30, 2022)
Departed during or after this year
◇—◇———◇◇
Christopher Riffle
Executive Vice President, Chief Operating Officer, Chief Digital Officer, and General Counsel
◇—◇—◇—◇◇
Geraldine Bullard
Executive Vice President, Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Matthew Deines
President and Chief Executive Officer
◇———◇—◇◇
Christopher Neros
Executive Vice President, Chief Banking Officer
◇———◇—◇◇
Christopher Riffle
Executive Vice President, Chief Strategy Officer and General Counsel
◇———◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Matthew Deines
President and Chief Executive Officer
◇—◇—◇—◇◇
Derek Brown
Former Executive Vice President, Chief Human Resources and Marketing Officer
Departed during or after this year
◇—◇—◇—◇◇
Christopher Neros
Executive Vice President, Chief Banking Officer
◇—◇—◇—◇◇
Geraldine Bullard
Executive Vice President, Chief Financial Officer and Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Matthew Deines
Former President and Chief Executive Officer
Departed during or after this year
◇—◇———◇◇
Geraldine Bullard
Former Executive Vice President, Interim Chief Executive Officer and Chief Operating Officer
Departed during or after this year
Served on an interim basis
◇◇◇◇◇—◇◇
Curt Queyrouze
President and Chief Executive Officer
◇◇◇◇◇—◇◇
Christopher Riffle
Former Executive Vice President, Chief Strategy Officer / General Counsel
Departed during or after this year
◇—◇———◇◇
David Edelstein
Executive Vice President, Chief Innovation Officer
◇◇◇◇◇—◇◇
Kyle Henderson
Executive Vice President, Chief Credit 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.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Curt T. QueyrouzeRSA◇——◇——◇
David B. EdelsteinPSA◇—◇————
David B. EdelsteinRSA◇——◇——◇
Geraldine L. BullardRSA◇——◇——◇
Kyle D. HendersonPSA◇—◇————
Kyle D. HendersonRSA◇——◇——◇
Fiscal 2024 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. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Curt QueyrouzeRSU◇◇——
Geraldine BullardRSU◇◇——
David EdelsteinRSU◇◇——
PSU◇◇——
RSU◇◇——
Kyle HendersonRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Curt Queyrouze
President and Chief Executive Officer · Terms as announced by the company
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Change-in-control base◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Cindy H. Finnie
Board chair
◇◇———◇◇
Johanna A. Bartee
◇◇————◇
Sean P. Brennan
◇◇———◇◇
Sherilyn G. Anderson
◇◇———◇◇
Norman J. Tonina Jr
◇◇———◇◇
Gabriel S. Galanda
◇◇———◇◇
Lynn A. Terwoerds
◇◇———◇◇
Dana D. Behar
◇◇———◇◇
Diane C. Davis
◇◇————◇
Curt T. Queyrouze and Matthew P. Deines served on the board in fiscal 2025 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◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Restricted Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
  • CHRISTOPHER W. NEROS Executive Vice President, Chief Banking Officer symbol not shown

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 19, 2026=◇◇◇
2024May 20, 2025=◇◇◇
2023May 30, 2024=◇◇◇
2022May 23, 2023=◇◇◇
2021May 24, 2022=◇◇◇
2020May 25, 2021=◇◇◇
2019May 5, 2020=◇◇◇
2018May 7, 2019=◇◇◇
2017May 8, 2018=◇◇◇
2016November 7, 2017=◇◇◇
2015November 8, 2016=◇◇◇

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Sample answer — “What is the CEO’s total compensation?”
- Curt Queyrouze (President and Chief Executive Officer), FY2025 total compensation $631,886 (base salary $133,269) [exec_comp, SEC accession 0001437749-26-011851, filed 2026-04-09]

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What this page does not include

Everything above is a fact First Northwest Bancorp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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Realizable 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.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
217 figures on this page: 206 cited to the filing that reported them, 11 calculated from figures it prints.
206 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001437749-26-018147
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001437749-26-011851
    BENEFICIAL OWNERSHIP BY DIRECTORS AND NAMED EXECUTIVE OFFICERS · DIRECTOR COMPENSATION · EXECUTIVE COMPENSATION & · Outstanding Equity Awards · and 1 more section
  3. 0001437749-25-028901
    Exhibit
  4. 0001437749-25-018193
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001437749-25-011412
    Summary Compensation Table
  6. 0001437749-24-018991
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001437749-24-012498
    Summary Compensation Table
  8. 0001437749-23-015752
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001193125-23-100088
    Summary Compensation Table
  10. 0001437749-22-013849
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001437749-21-013456
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001556727-20-000062
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001556727-19-000028
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0000939057-18-000253
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0000939057-17-000476
    Item 5.07 Submission of Matters to a Vote of Security Holders
  16. 0000939057-16-001083
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “First Northwest Bancorp executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/FNWB (accessed 2026).
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The paid brief for First Northwest Bancorp

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.
Get the executive briefGet the board briefNo account needed.
16 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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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Terms on this page

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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}
}
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