FNRN Research | Milton Maxwell

FNRN

First Northern Community Bancorp

13.46

+0.00+0%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ Jan 29, 2026

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

212.41M

P/E (TTM)

11.22

Basic EPS (TTM)

1.20

Dividend Yield

Recent Filings

10-Q

Q3 FY2025 results

11/7/25Nov 7, 2025

First Northern Community Bancorp posted solid Q3 results, with net income climbing 9.6% year-over-year to $6.0M, or $0.38 diluted EPS—up 11.8%—fueled by a 2.1% rise in net interest income to $16.8M and a net interest margin expansion to 3.75% from 3.65%, while non-interest income edged up 7.8% on merchant fees and bank-owned life insurance gains. Year-to-date, net income grew 6.8% to $15.2M, or $0.96 diluted EPS (up 9.0%), with net interest income up 4.0% to $49.7M at a 3.75% margin (derived), though provision for credit losses jumped to $0.9M from $0.2M amid rising loans and negative economic forecasts. Loans held steady at $1.06B, up 0.9% quarter-over-quarter, while deposits dipped 0.8% to $1.69B; cash swelled 25.2% to $149.5M, bolstering liquidity with no debt outstanding. Non-GAAP metrics not disclosed in the 10-Q. Tariffs could squeeze agricultural borrowers, a key segment.

8-K

Q3 net income rises 9.6%

10/30/25Oct 30, 2025

First Northern Community Bancorp reported Q3 2025 net income of $6.0 million, up 9.6% from $5.5 million in Q3 2024, driven by a net interest margin expansion to 3.75% from 3.65% via higher securities yields and lower deposit costs. No provision for credit losses was recorded, while a tax strategy slashed the effective rate through discounted investment tax credits. Total assets dipped 1.2% to $1.91 billion, yet net loans grew 1.3% to $1.06 billion on commercial strength. Book value per share climbed 5.7% to $13.02. Forward-looking performance hinges on economic and regulatory risks.

10-Q

Q2 FY2025 results

8/8/25Aug 8, 2025

First Northern Community Bancorp posted solid Q2 results, with net income jumping 23.6% y/y to $5.5M on stronger net interest income of $17.0M, up 6.1% y/y and 6.3% q/q (derived), driven by higher loan yields at 5.62% versus 5.34% y/y. Diluted EPS rose 29.6% y/y to $0.35, reconciling neatly with 15.8M weighted shares and no anti-dilution flags. Non-interest expenses climbed 5.8% y/y on staffing and tech costs, yet profitability held firm with ROA at 1.18%. Loans grew 1.6% q/q to $1.06B, deposits dipped 2.2% to $1.66B, and cash swelled 6.2% to $127M, bolstering liquidity without debt. No M&A or regulatory hits noted. Tariffs could squeeze ag clients, though.

8-K

Q2 net income surges 23.6%

7/30/25Jul 30, 2025

First Northern Community Bancorp reported Q2 2025 net income of $5.5 million, up 23.6% from $4.4 million a year ago, fueled by a net interest margin expansion to 3.85% and no provision for credit losses after releasing a $2.8 million reserve. Net loans grew 1.3% to $1.06 billion, driven by commercial lending, while deposits dipped 2.6% to $1.66 billion. The bank repurchased 215,883 shares for $2.2 million, boosting book value per share 4.3% to $12.32. Forward-looking statements highlight risks from economic and regulatory shifts.

8-K

Bedoya joins board post-McNaughton retirement

7/23/25Jul 23, 2025

First Northern Community Bancorp announced Richard A. Bedoya's appointment to its Board of Directors, effective July 17, 2025, succeeding Foy S. McNaughton, who retired on July 20, 2025, after 25 years upon reaching mandatory age. Bedoya, a seasoned entrepreneur in automotive and agriculture with over 30 years' experience, joins the Audit, Asset/Liability, and Directors Loan Committees. His community ties and business acumen bolster the board's strategic oversight. Forward-looking statements highlight growth and shareholder value amid economic risks.

About

First Northern Community Bancorp operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses. The company accepts demand deposits, interest-bearing transaction deposits, savings and money market deposit accounts, and time deposits. It also offers commercial, commercial real estate, agriculture, residential mortgage, residential construction, and consumer loans. In addition, the company provides debit and credit cards; investment and brokerage services; alternative investment products, and fiduciary and other financial services; and equipment leasing, merchant card processing, payroll, and international banking services through third parties. Further, it offers cashier's checks, safe deposit boxes, and other customary banking services. The company operates branches located in the cities of Auburn, Colusa, Davis, Dixon, Fairfield, Orland, Rancho Cordova, Roseville, Sacramento, Vacaville, West Sacramento, Winters, Willows, and Woodland; satellite banking office inside a retirement community in the city of Davis; and residential mortgage loan office in Davis. First Northern Community Bancorp was founded in 1910 and is headquartered in Dixon, California.

CEO

Mr. Jeremiah Z. Smith

IPO

1/5/1999

Website

https://www.thatsmybank.com

Employees

187

Sector

Financial Services

Industry

Banks - Regional