First Financial Northwest, Inc. (NASDAQ:FFNW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(b)First Financial Northwest, Inc. (the "Company") and its wholly-owned subsidiary, First Financial Northwest Bank (the "Bank") announced that as it continues to position the Company for more efficient growth the Bank has restructured its Credit and Lending Departments. As part of this restructuring, Simon Soh will, in addition to his responsibilities as Chief Lending Officer, also assume the role of Chief Credit Officer. In order to preserve a proper separation of duties, certain credit administration duties will be transferred to the Compliance department. As a result of this restructuring on August 15, 2017, the roles of Chief Lending Officer and Chief Credit Officer were combined and the separate position of Chief Credit Officer, previously held by Gregg H. DeRitis, was eliminated and he is no longer with the Company.

About First Financial Northwest, Inc. (NASDAQ:FFNW)

First Financial Northwest, Inc. (First Financial Northwest) is a holding company for First Financial Northwest Bank (the Bank). The Bank primarily serves the greater Puget Sound region of King and to a lesser extent, Pierce, Snohomish and Kitsap Counties, Washington through its full-service banking office located in Renton, Washington and branch office in Mill Creek, Washington. The Bank’s business consists of attracting deposits from the public and utilizing these funds to originate one- to four-family residential, multifamily, commercial real estate, construction/land development, business and consumer loans. It focuses on its lending activities primarily on loans secured by commercial real estate, construction/land development, first mortgages on one- to four-family residences, multifamily and business lending. Its investment portfolio consisted principally of mortgage-backed securities, municipal bonds, the United States Government Agency obligations and corporate bonds.