First Northern Community Bancorp (PK:FNRN)

Business Focus: Banks

Get the company report for the most recent outlook updated daily

Apr 16, 2024 01:53 pm ET

First Northern Bank Promotes Human Resources Director to Chief Human Resources Officer

First Northern Bank (OTCQX: FNRN), the region’s #1 local small business lender, proudly announces the promotion of Libby Feyh to the newly created role of Executive Vice President and Chief Human Resources Officer (CHRO).

Apr 03, 2024 08:15 pm ET

First Northern Bank Hires Seasoned Banker as Chief Credit Officer

First Northern Bank (OTCQX: FNRN), the region’s #1 local small business lender, proudly announces the appointment of Brett Hamilton as its new Executive Vice President and Chief Credit Officer. Retiring Chief Credit Officer, Joe Danelson, will serve as Executive Vice President until April 5, 2024, to ensure a smooth transition and continuity of operations.

Mar 28, 2024 01:14 pm ET

First Northern Community Bancorp Announces Stock Repurchase Program

The Board of Directors of First Northern Community Bancorp (FNRN), holding company of First Northern Bank, has announced a stock repurchase program for the Company’s outstanding common stock. Based on market conditions, share repurchases may be made from time to time in the open market or in privately negotiated transactions. The repurchase program will begin May 1, 2024, and will remain in effect until April 30, 2026, unless terminated sooner. The program allows repurchases in an aggregate amount of no more than 6% of First Northern Community Bancorp’s 15,550,731 outstanding shares of common

Jan 29, 2024 08:22 pm ET

First Northern Community Bancorp Reports Record Year End 2023 Net Income of $21.6 Million

First Northern Community Bancorp (the “Company”, OTCQX: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported 2023 annual net income of $21.6 million, or $1.41 per diluted share, increases of 35.7% and 35.6%, respectively, when compared to net income of $15.9 million, or $1.04 per diluted share, for 2022. Net income for the year included the bargain purchase gain resulting from our branch acquisition completed in the first quarter of 2023. On an after-tax basis, the bargain purchase gain contributed $1.0 million to net income for the year ended

Dec 19, 2023 07:00 am ET

OTC Markets Group Welcomes First Northern Community Bancorp to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced First Northern Community Bancorp (OTCQX: FNRN), the single-bank holding company for First Northern Bank, has qualified...

Dec 18, 2023 06:59 pm ET

First Northern Community Bancorp Announces Intention to Trade Stock on the OTCQX Best Market

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported its intention to upgrade the Company’s stock trading platform from the OTCQB® Venture Market to the OTCQX® Best Market (“OTCQX”). It is anticipated that the transition will become effective on or about December 19, 2023.

Oct 30, 2023 06:48 pm ET

T. Joe Danelson, Executive Vice President/Chief Credit Officer, Retiring March 31, 2024

Jeremiah Z. Smith, President & Chief Executive Officer of First Northern Bank, today announced that T. “Joe” Danelson, 65, is retiring as Executive Vice President/Chief Credit Officer effective March 31, 2024. Joe joined First Northern Bank in January of 2015 and he has been instrumental in his leadership role in growing the Company from $540 million in total loans to over $1 billion today.

Oct 26, 2023 07:27 pm ET

First Northern Community Bancorp Reports Third Quarter 2023 Net Income of $4.6 Million

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $14.7 million, or $1.01 per diluted share, for the nine months ended September 30, 2023, up 31.5% compared to net income of $11.2 million, or $0.77 per diluted share, for the nine months ended September 30, 2022. Net income for the year includes the bargain purchase gain resulting from our acquisition completed in the first quarter of 2023. On an after-tax basis, the bargain purchase gain contributed $1.0 million to net inc

Oct 02, 2023 04:43 pm ET

Amanda Connell Named First Northern Bank’s Senior Vice President/Operations Administrator

Jeremiah Smith, First Northern Bank’s President and Chief Executive Officer, is pleased to announce that Amanda Connell has accepted the position of Senior Vice President/Operations Administrator.

Jul 27, 2023 08:40 pm ET

First Northern Community Bancorp Reports Second Quarter 2023 Net Income of $4.6 Million

First Northern Community Bancorp (the “Company”) (OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $10.1 million, or $0.69 per diluted share, for the six months ended June 30, 2023, up 52.6% compared to net income of $6.6 million, or $0.45 per diluted share, for the six months ended June 30, 2022. Net income for the year includes the bargain purchase gain resulting from our acquisition completed in the first quarter of 2023. On an after-tax basis, the bargain gain contributed $1.0 million to net income for the six month

Apr 27, 2023 08:15 pm ET

First Northern Community Bancorp Reports First Quarter 2023 Record Net Income of $5.5 Million

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported record net income of $5.5 million, or $0.38 per diluted share, for the three months ended March 31, 2023, up 80.5% compared to net income of $3.0 million, or $0.21 per diluted share, for the three months ended March 31, 2022.

Jan 27, 2023 07:06 pm ET

First Northern Community Bancorp Reports Record Year End 2022 Net Income of $15.9 Million

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported 2022 annual net income of $15.9 million, or $1.09 per diluted share, increases of 12% and 14.7%, respectively, when compared to net income of $14.2 million, or $.95 per diluted share, for 2021. Net income for the quarter ended December 31, 2022 totaled $4.7 million, or $.33 per diluted share, compared to net income of $3.2 million, or $.22 per diluted share, for the quarter ended December 31, 2021.

Jan 23, 2023 05:22 pm ET

First Northern Community Bancorp Completes Acquisition of Three Columbia Bank Branches in Northern California

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today announced that its acquisition of three Columbia State Bank (“Columbia Bank”) branches in Orland, Willows, and Colusa, California, has been successfully completed.

Nov 07, 2022 09:00 am ET

Columbia Banking System Announces Agreement to Sell Three Branches in Northern California to First Northern Bank

Columbia Banking System, Inc. (NASDAQ: COLB) (“Columbia”), the parent company of Columbia Bank, today announced that Columbia Bank has entered into a definitive purchase and assumption agreement with First Northern Bank (“First Northern”), a wholly-owned subsidiary of First Northern Community Bancorp (OTCQB: FNRN), to sell three branches in Northern California.

Nov 07, 2022 08:00 am ET

COLUMBIA BANKING SYSTEM ANNOUNCES AGREEMENT TO SELL THREE BRANCHES IN NORTHERN CALIFORNIA TO FIRST NORTHERN BANK

Branches are Being Divested to Satisfy U.S. Department of Justice (DOJ) Requirements for Columbia's Pending Merger with Umpqua

Oct 26, 2022 07:32 pm ET

First Northern Community Bancorp Reports 3rd Quarter 2022 Earnings

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $11.2 million, or $0.80 per diluted share, for the nine months ended September 30, 2022, up 1.5% compared to net income of $11.0 million, or $0.77 per diluted share, for the nine months ended September 30, 2021.

Jul 28, 2022 08:00 pm ET

First Northern Community Bancorp Reports 2nd Quarter 2022 Earnings

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $6.6 million, or $0.48 per diluted share, for the six months ended June 30, 2022, up 1.6% compared to net income of $6.5 million, or $0.45 per diluted share, for the six months ended June 30, 2021.

May 26, 2022 04:39 pm ET

Brady and Carbahal Elected to Lead the Board of First Northern Community Bancorp

First Northern Community Bancorp (OTCQB: FNRN), holding company for First Northern Bank, announced that Patrick R. Brady was elected to a two-year term as Chairman and John M. Carbahal was elected to a one-year term as Vice Chairman at its recent 2022 Organization Meeting of the Board of Directors. Together, Brady and Carbahal bring over 35 years of First Northern directorship experience to their leadership positions.

May 20, 2022 01:16 pm ET

First Northern Bank and First Northern Community Bancorp CEO Louise Walker Announces Retirement – Jeremiah Smith to Take the Reins

Louise Walker, Chief Executive Officer of First Northern Bank and First Northern Community Bancorp (OTCQB: FNRN), has formally announced her retirement, effective December 31, 2022. With unanimous support of the Board, Ms. Walker announced today that Jeremiah Smith, currently Senior Executive Vice President and Chief Operating Officer, will be promoted to President and Chief Executive Officer of the Company and the Bank effective January 1, 2023, as her successor. Ms. Walker will remain on the boards of the Company and the Bank; upon succeeding to the position of President and Chief Executive

Apr 28, 2022 07:45 pm ET

First Northern Community Bancorp Reports First Quarter 2022 Net Income of $3.0 Million

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $3.0 million, or $0.22 per diluted share, for the three months ended March 31, 2022, down 4.3% compared to net income of $3.2 million, or $0.22 per diluted share, for the three months ended March 31, 2021.

Jan 28, 2022 05:12 pm ET

First Northern Community Bancorp Reports Year End 2021 Net Income of $14.2 Million

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported year ended 2021 net income of $14.2 million, or $1.00 per diluted share, up 16.7% compared to net income of $12.2 million, or $0.85 per diluted share, for the year ended 2020. Net income for the quarter ended December 31, 2021 totaled $3.2 million, or $0.23 per diluted share, compared to net income of $3.4 million, or $0.23 per diluted share, for the quarter ended December 31, 2020.

Dec 27, 2021 06:04 pm ET

First Northern Bank Announces its Membership in Alloy Labs Alliance – Consortium of Innovative Community Banks and Launch of “CHUCKTM” the Open Payments Network

First Northern Bank (OTCQB: FNRN) announced today its membership in Alloy Labs Alliance, a consortium of innovative community banks working together to drive innovation and change for community banking. First Northern Bank is the only member bank from California.

Oct 27, 2021 07:21 pm ET

First Northern Community Bancorp Reports Third Quarter 2021 Net Income of $4.5 Million, Up 31.7% from One Year Ago

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $11.0 million, or $0.81 per diluted share, for the nine months ended September 30, 2021, up 24.8% compared to net income of $8.8 million, or $0.65 per diluted share, for the nine months ended September 30, 2020.

Aug 24, 2021 03:44 pm ET

First Northern Bank Takes Leadership Role in Regional Coalition Addressing Affordable Housing

First Northern Bank (OTCQB: FNRN) is proud to announce that Jeremiah Smith, Senior Executive Vice President/Chief Operating Officer has been appointed to chair the Greater Sacramento Economic Council’s newly formed Community Reinvestment Coalition whose primary goal will be reinvesting in low- to moderate-income communities. The first initiative of the CRC will be a commitment of $100 million in financing to address the affordable housing crisis in the Greater Sacramento region.

Jul 28, 2021 07:09 pm ET

First Northern Community Bancorp Reports Second Quarter 2021 Net Income of $3.3 Million, Up 22.2% from One Year Ago

First Northern Community Bancorp (the “Company,” OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $6.5 million, or $0.47 per diluted share, for the six months ended June 30, 2021, up 20.4% compared to net income of $5.4 million, or $0.40 per diluted share, for the six months ended June 30, 2020.

Jun 02, 2021 07:33 pm ET

First Northern Community Bancorp Announces Stock Repurchase Program

The Board of Directors of First Northern Community Bancorp (FNRN), holding company of First Northern Bank, has announced a stock repurchase program for the Company’s outstanding common stock. Based on market conditions, share repurchases may be made from time to time in the open market or in privately negotiated transactions. The repurchase program will begin June 15, 2021 and will remain in effect until June 14, 2023. The program allows repurchases in an aggregate amount of no more than 4% of First Northern Community Bancorp’s 13,680,085 outstanding shares of common stock as of March 31, 2021

Jun 02, 2021 07:01 pm ET

Brady Elected Vice Chairman of Board of First Northern Community Bancorp

First Northern Community Bancorp (OTCQB:FNRN), holding company for First Northern Bank, announced that at the May 18, 2021 Organization Meeting of the Board of Directors of First Northern Community Bancorp and First Northern Bank, Patrick R. Brady was elected to a one-year term as Vice Chairman of the 10-member Board. He joins Chairman, Richard M. Martinez whose three-year term was extended an additional year. Together they represent 18 years of combined directorship experience with First Northern.

Apr 28, 2021 08:14 pm ET

First Northern Community Bancorp Reports First Quarter 2021 Net Income of $3.2 Million, Up 18.6% from One Year Ago

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $3.2 million, or $0.23 per diluted share, for the three months ended March 31, 2021, up 18.6% compared to net income of $2.7 million, or $0.20 per diluted share, for the three months ended March 31, 2020.

Jan 28, 2021 08:15 pm ET

First Northern Community Bancorp Reports Year End 2020 Net Income of $12.2 Million

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported year ended 2020 net income of $12.2 million, or $0.90 per diluted share, compared to net income of $14.7 million, or $1.08 per diluted share, for the year ended 2019, and net income totaling $3.4 million, or $0.25 per diluted share, for the quarter ended December 31, 2020, compared to net income of $3.6 million, or $0.26 per diluted share, for the quarter ended December 31, 2019.

Oct 27, 2020 07:07 pm ET

First Northern Community Bancorp Reports Third Quarter 2020 Net Income of $3.4 Million

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $8.8 million, or $0.68 per diluted share, for the nine months ended September 30, 2020, compared to net income of $11.1 million, or $0.86 per diluted share, for the nine months ended September 30, 2019.

Oct 21, 2020 04:19 pm ET

Cathleen Gorham Joins First Northern Bank’s Senior Management Team

Jeremiah Smith, Senior Executive Vice President/Chief Operating Officer of First Northern Community Bancorp and First Northern Bank, is pleased to announce that Cathleen “Cathy” Gorham, Senior Vice President/Operations Administrator, has joined the Bank’s Senior Management Team.

Jul 27, 2020 07:07 pm ET

First Northern Community Bancorp Reports Second Quarter 2020 Net Income of $2.7 Million

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $5.4 million, or $0.42 per diluted share, for the six months ended June 30, 2020, compared to net income of $7.4 million, or $0.57 per diluted share, for the six months ended June 30, 2019.

Apr 29, 2020 07:27 pm ET

First Northern Community Bancorp Reports First Quarter 2020 Net Income of $2.7 Million

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $2.7 million, or $0.21 per diluted share, for the three months ended March 31, 2020, compared to net income of $4.0 million, or $0.31 per diluted share, for the three months ended March 31, 2019.

Jan 28, 2020 07:36 pm ET

First Northern Community Bancorp Reports Fourth Quarter 2019 Earnings

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported year ended 2019 net income totaling $14.7 million, or $1.14 per diluted share, compared to net income of $12.6 million, or $0.97 per diluted share, for the year ended 2018, and net income totaling $3.6 million, or $0.28 per diluted share, for the quarter ended December 31, 2019 compared to net income of $3.3 million, or $0.26 per diluted share, for the quarter ended December 31, 2018.

Jan 28, 2020 03:24 pm ET

Daniel F. Ramos Appointed to the Board of First Northern Community Bancorp & First Northern Bank

Louise A. Walker, President and Chief Executive Officer of First Northern Bank and First Northern Community Bancorp has announced the appointment of Daniel F. Ramos to both the Bank and Bancorp’s Boards of Directors effective January 23, 2020. He will also serve on First Northern Bank’s Audit and Loan Committees. Mr. Ramos fills the seat left vacant from Lori Aldrete’s retirement in April 2018 at First Northern’s mandatory director retirement age. Lori Aldrete served on the Company’s Board for over 23 years.

Oct 24, 2019 07:55 pm ET

First Northern Community Bancorp Reports Third Quarter 2019 Earnings

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $11.1 million, or $0.91 per diluted share, for the nine months ended September 30, 2019, compared to net income of $9.2 million, or $0.75 per diluted share, for the nine months ended September 30, 2018.

Jul 25, 2019 07:02 pm ET

First Northern Community Bancorp Reports Second Quarter 2019 Earnings

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $7.4 million, or $0.60 per diluted share, for the six months ended June 30, 2019, compared to net income of $5.7 million, or $0.47 per diluted share, for the six months ended June 30, 2018.

Apr 26, 2019 07:02 pm ET

First Northern Community Bancorp Reports First Quarter 2019 Earnings

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $4.0 million, or $0.32 per diluted share, for the three months ended March 31, 2019, compared to net income of $2.7 million, or $0.22 per diluted share, for the three months ended March 31, 2018.

Jan 29, 2019 07:43 pm ET

First Northern Community Bancorp Reports Fourth Quarter 2018 Earnings

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported year ended 2018 net income totaling $12.6 million, or $1.02 per diluted share, compared to net income of $8.7 million, or $0.71 per diluted share for the year ended 2017, and net income totaling $3.3 million, or $0.27 per diluted share for the quarter ended December 31, 2018 compared to net income of $0.9 million, or $0.07 per diluted share for the quarter ended December 31, 2017.

Oct 29, 2018 08:18 pm ET

First Northern Community Bancorp Reports Third Quarter 2018 Earnings

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $9.2 million, or $0.79 per diluted share, for the nine months ended September 30, 2018 compared to net income of $7.9 million, or $0.67 per diluted share, for the nine months ended September 30, 2017.

Jul 26, 2018 07:36 pm ET

First Northern Community Bancorp Reports Second Quarter 2018 Earnings

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $5.7 million, or $0.49 per diluted share, for the six months ended June 30, 2018 compared to net income of $5.1 million, or $0.43 per diluted share, for the six months ended June 30, 2017.

Jun 21, 2018 07:58 pm ET

Martinez and DuPratt Elected to Lead the Board of First Northern Community Bancorp

First Northern Community Bancorp (ticker symbol FNRN: OTCQB), holding company for First Northern Bank, announced that Richard Martinez was elected to a three-year term as Chairman and Gregory DuPratt was elected to a one-year term as Vice Chairman at its recent 2018 Organization Meeting of the Board of Directors. Together, Martinez and DuPratt bring nearly 30 years of First Northern directorship experience to their leadership positions.

Apr 26, 2018 08:09 pm ET

First Northern Community Bancorp Reports First Quarter 2018 Earnings

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported net income of $2.7 million, or $0.23 per diluted share, for the three months ended March 31, 2018 compared to net income of $2.5 million, or $0.22 per diluted share, for the three months ended March 31, 2017.

Feb 01, 2018 02:18 pm ET

First Northern Bank Invests Tax Savings

Louise Walker, President & Chief Executive Officer of First Northern Community Bancorp and First Northern Bank (OTCQB:FNRN), is pleased to announce on the Bank’s 108th anniversary, that the recent passing of the Tax Cuts and Jobs Act (tax reform) will provide First Northern with an opportunity to invest in one of its most valuable assets, its employees. First Northern is providing a one-time cash bonus of $1,000 to all of its employees; executive management is excluded. The Company is also increasing its starting wage by $2 per

Jan 29, 2018 07:41 pm ET

First Northern Community Bancorp Reports Fourth Quarter 2017 Earnings

First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported year ended 2017 net income totaling $8.7 million, or $0.75 per diluted share compared to net income of $8.1 million, or $0.70 per diluted share for the year ended 2016, and net income totaling $0.9 million, or $0.08 per diluted share for the quarter ended December 31, 2017 compared to net income of $2.3 million, or $0.20 per diluted share for the quarter ended December 31, 2016.

Jan 16, 2018 04:35 pm ET

Kevin M. Spink Will Become First Northern’s Executive Vice President/Chief Financial Officer on February 1

Jeremiah Smith, Senior Executive Vice President/Chief Operating Officer of First Northern Community Bancorp and First Northern Bank (OTCQB:FNRN), is pleased to announce that Kevin M. Spink, currently the Company’s Senior Vice President/Corporate Controller, is being promoted to Executive Vice President/Chief Financial Officer, effective February 1.

Oct 26, 2017 08:02 pm ET

First Northern Community Bancorp Reports Third Quarter 2017 Earnings

First Northern Community Bancorp (the “Company,” ticker symbol FNRN: OTCQB), holding company for First Northern Bank (“First Northern” or the “Bank”), today announced earnings through the third quarter of 2017. Louise Walker, President and Chief Executive Officer, stated, “The Company reported net income of $7.9 million for the nine months ended September 30, 2017, up 36.2% compared to net income of $5.8 million reported for the same period last year. These results include a pre-tax gain in the first quarter of $1.2 million related to the sale-l

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First Northern Community Bancorp (PK:FNRN)

Business Focus: Banks