 PORT ANGELES, Wash., Oct. 28, 2020 GLOBE NEWSWIRE -- First Northwest Bancorp Nasdaq: FNWB Company, the holding company for First Federal Savings and Loan Association of Port Angeles Bank or First Federal, today reported an increase in net income of 86.0 to 3.7 million, or 0.40 per diluted share, for the third quarter of 2020, compared to net income of 2.0 million, or 0.21 per diluted share, for the second quarter of 2020, and an increase of 46.4 compared to 2.5 million, or 0.25 per diluted share, for the third quarter of 2019. Third quarter results reflected strong loan and deposit growth, net interest margin expansion and improved efficiency. For the first nine months of 2020, net income was 6.5 million, or 0.69 per diluted share, compared to 6.8 million, or 0.68 per diluted share, for the first nine months of 2019. 