Other Information
−Removed: COVID-19 Legislation and Regulation.
−Removed: Governments at the federal, state, and local levels continue to take steps to address the impact of the COVID-19 pandemic.
−Removed: On March 27, 2020, the CARES Act was signed into law, which included $350 billion in stimulus for small businesses under the SBA PPP, along with direct stimulus payments (i.e., "economic impact payments" or "stimulus checks") for many eligible Americans.
−Removed: Shortly thereafter, the Paycheck Protection Program and Health Care Enforcement Act was signed into law and replenished funding to the SBA PPP and provided other spending for hospitals and virus testing.
−Removed: On June 5, 2020, the Paycheck Protection Program Flexibility Act ("PPPFA") was enacted.
−Removed: Main provisions of the PPPFA extended the PPP loan repayment period from two to five years, extended the covered expense period from eight to 24 weeks, and lowered the percentage of forgiveness amount required to be used for eligible payroll costs to 60%.
−Removed: The PPPFA also extended the repayment start date until after the SBA finalized the application process for loan forgiveness.
−Removed: The Consolidated Appropriations Act, enacted in December 2020, included another $284 billion to fund an expansion of the SBA PPP, subject to certain changes in eligibility requirements and program design.
−Removed: Most recently, the American Rescue Plan Act of 2021 became law in March 2021 and provides for a $1.9 billion stimulus package that, among other financial aid measures, included a new round of PPP funding with an application deadline of May 31, 2021.
+Added: Not applicable.
Exhibit Description
Original Exhibit No.
+Added: First Fed Fiscal 2022 Officer Cash Incentive Plan
Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act
1 unchanged sentence
Certification pursuant to Section 906 of the Sarbanes-Oxley Act
−Removed: The following materials from the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, formatted in Inline Extensible Business Reporting Language (iXBRL):
+Added: The following materials from the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, formatted in Inline Extensible Business Reporting Language (iXBRL):
(1) Consolidated Balance Sheets;
(2) Consolidated Statements of Income;
−Removed: (3) Consolidated Statements of Comprehensive Income;
+Added: (3) Consolidated Statements of Comprehensive Loss;
(4) Consolidated Statements of Changes in Shareholders' Equity; (5) Consolidated Statements of Cash Flows;
1 unchanged sentence
Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
+Added: Denotes a management contract or compensatory plan or arrangement.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
FIRST NORTHWEST BANCORP
−Removed: Date: November 12, 2021
+Added: Date: May 13, 2022
/s/ Matthew P.
1 unchanged sentence
(Principal Executive Officer)
−Removed: Date: November 12, 2021
+Added: Date: May 13, 2022
/s/ Geraldine L.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.