First Financial Northwest, Inc., First Financial Northwest Bank and First Financial Diversified Corporation Announce Demise of Kevin D. Padrick, Director
June 24, 2019 at 12:28 pm EDT
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First Financial Northwest, Inc., the bank holding company for First Financial Northwest Bank (Bank), announced, with great sadness, the death of Kevin D. Padrick, a director of the company, the Bank and First Financial Diversified Corporation (FFD), the company’s non-financial institution subsidiary. Mr. Padrick died in a private plane crash on June 22, 2019.
First Financial Northwest, Inc. is the holding company for First Financial Northwest Bank (the Bank). The Bank focuses on its lending activities primarily on loans secured by commercial real estate, construction/land, first mortgages on one-to-four family residences, multifamily, and business lending. It offers secured consumer loans, including savings account loans, auto loans and home equity loans that include lines of credit and second mortgage term loans. It originates construction/land loans primarily to residential builders for the construction of single-family residences, condominiums, townhouses, multifamily properties and residential developments located in its market area. Its land development loans are generally made to builders for preparation of a building site. Its investment portfolio consists of mortgage-backed securities, municipal bonds, United States government agency obligations, and corporate bonds. It serves King, Snohomish, Pierce and Kitsap counties, Washington.
First Financial Northwest, Inc., First Financial Northwest Bank and First Financial Diversified Corporation Announce Demise of Kevin D. Padrick, Director