First Financial Northwest, Inc. Announces Management Changes
December 23, 2019 at 04:10 pm EST
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First Financial Northwest, Inc. announced that effective December 18, 2019, current Interim Chief Credit Officer, Simon Soh, was formally appointed Senior Vice President and Chief Credit Officer of the Bank. Mr. Soh will oversee the Bank’s overall credit culture and assume responsibility for its credit policies, procedures and processes. Dalen D. Harrison, previously Senior Vice President and Chief Deposit Officer, was promoted to Senior Vice President and Chief Banking Officer. In her new role, Ms. Harrison will focus on deposit and loan production growth for the Bank, including leading efforts to expand the C&I portfolio and SBA lending in the markets the Bank directly serves, while also focusing on expanding the Bank’s customer base and obtaining more of each customer’s financial relationship. Simon Soh has over 30 years of experience in commercial banking and has been with the Bank since August 2010, most recently serving as Senior Vice President and Chief Lending Officer. He assumed the Chief Credit Officer role on an interim basis earlier this year. Dalen D. Harrison has been Chief Deposit Officer of the Bank since she was hired in March 2014 and has over 38 years of banking experience in Washington.
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.