NASDAQ : FNRN
First Northern Community Bancorp — Financial statements
Financials · Banks - Regional · United States
Last price 17.11 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 280.52M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 58.00M | 55.39M | 52.20M | 42.32M | 39.21M | |
| Interest Income on Investments | 24.31M | 23.26M | 21.92M | 13.57M | 7.97M | |
| Total Interest Income | 82.31M | 78.65M | 74.12M | 55.88M | 47.18M | |
| Interest Paid on Deposits | 14.76M | 14.29M | 7.58M | 1.19M | 912.00K | |
| Interest Paid on Borrowings | 75.00K | |||||
| Total Interest Expense | 14.84M | 14.29M | 7.58M | 1.19M | 912.00K | |
| Net Interest Income | 71.31M | 67.47M | 64.36M | 66.54M | 54.70M | 46.26M |
| Gain (Loss) on Sale of Investments | -163.00K | -199.00K | -234.00K | -112.00K | -152.00K | -221.00K |
| Other Non-Interest Income | 5.46M | 4.57M | 4.48M | 4.74M | 5.27M | 4.90M |
| Total Non-Interest Income | 6.59M | 6.10M | 6.02M | 6.44M | 6.93M | 7.86M |
| Revenues Before Loan Losses | 77.89M | 73.57M | 70.38M | 72.98M | 61.63M | 54.13M |
| Provision for Loan Losses | 50.00K | -250.00K | 1.10M | 900.00K | -1.50M | |
| Revenue | 77.84M | 73.57M | 70.63M | 71.88M | 60.73M | 55.63M |
| Salaries and Employee Benefits | 18.76M | 24.53M | 23.00M | 25.09M | 23.55M | 22.17M |
| Occupancy Expenses | 2.57M | 3.93M | 3.51M | 3.11M | 2.44M | 2.28M |
| Amortization of Goodwill & Intangibles | 679.00K | 731.00K | 820.00K | 829.00K | ||
| Selling, General & Administrative | 6.19M | 7.69M | 7.38M | 7.23M | 6.34M | 6.07M |
| Other Non-Interest Expense | 19.25M | 9.29M | 8.08M | 7.37M | 6.73M | 5.69M |
| Total Non-Interest Expense | 47.45M | 46.16M | 42.79M | 43.64M | 39.06M | 36.20M |
| EBT Excluding Unusual Items | 30.39M | 27.41M | 27.84M | 28.24M | 21.67M | 19.43M |
| Other Unusual Items | 1.41M | |||||
| Pretax Income | 30.39M | 27.41M | 27.84M | 29.65M | 21.67M | 19.43M |
| Income Tax Expense | 7.58M | 6.28M | 7.81M | 8.09M | 5.78M | 5.24M |
| Net Income | 22.81M | 21.13M | 20.03M | 21.55M | 15.88M | 14.19M |
| Net Income to Common | 22.81M | 21.13M | 20.03M | 21.55M | 15.88M | 14.19M |
| Basic Shares Outstanding | 16.10M | 16.29M | 16.66M | 16.73M | 16.64M | 17.06M |
| Diluted Shares Outstanding | 16.48M | 16.57M | 16.89M | 16.89M | 16.82M | 17.28M |
| EPS (Basic) | 1.42 | 1.30 | 1.20 | 1.29 | 0.95 | 0.83 |
| EPS (Diluted) | 1.38 | 1.27 | 1.19 | 1.28 | 0.94 | 0.82 |
| Effective Tax Rate | 24.94% | 22.91% | 28.04% | 27.30% | 26.69% | 26.97% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 123.18M | 145.55M | 119.45M | 149.21M | 187.42M | 345.93M |
| Investment Securities | 620.30M | 258.08M | 284.89M | 273.65M | 307.00M | 248.08M |
| Mortgage-Backed Securities | 369.34M | 365.03M | 318.42M | 332.04M | 397.41M | |
| Total Investments | 620.30M | 627.42M | 649.93M | 592.07M | 639.04M | 645.49M |
| Gross Loans | 1.13B | 1.06B | 1.06B | 1.07B | 984.93M | 867.90M |
| Allowance for Loan Losses | -14.52M | -15.88M | -16.60M | -14.79M | -13.95M | |
| Other Adjustments to Gross Loans | -1.23M | |||||
| Net Loans | 1.13B | 1.05B | 1.05B | 1.05B | 970.14M | 852.72M |
| Property, Plant & Equipment | 14.10M | 12.40M | 14.04M | 11.03M | 11.69M | |
| Other Intangible Assets | 4.33M | 3.32M | 4.14M | |||
| Loans Held for Sale | 1.06M | |||||
| Accrued Interest Receivable | 18.15M | 7.34M | 6.81M | 5.75M | 4.57M | |
| Other Current Assets | 8.13M | 5.50M | 5.87M | 7.13M | 5.69M | |
| Long-Term Deferred Tax Assets | 12.96M | 19.04M | 19.59M | 24.18M | 5.66M | |
| Other Real Estate Owned & Foreclosed | 1.24M | |||||
| Other Long-Term Assets | 113.22M | 17.71M | 17.37M | 17.12M | 17.25M | 19.19M |
| Total Assets | 1.99B | 1.91B | 1.89B | 1.87B | 1.87B | 1.90B |
| Interest Bearing Deposits | 1.76B | 993.38M | 988.14M | 921.32M | 942.46M | 896.89M |
| Institutional Deposits | 53.63M | 41.37M | 26.32M | 9.24M | 11.00M | |
| Non-Interest Bearing Deposits | 632.13M | 670.58M | 744.80M | 775.17M | 820.41M | |
| Total Deposits | 1.76B | 1.68B | 1.70B | 1.69B | 1.73B | 1.73B |
| Current Portion of Leases | 1.09M | |||||
| Accrued Interest Payable | 724.00K | 1.22M | 1.57M | 93.00K | 42.00K | |
| Long-Term Leases | 4.71M | 3.65M | 4.58M | 5.42M | 5.66M | |
| Pension & Post-Retirement Benefits | 4.79M | 4.90M | 5.30M | 5.54M | 5.28M | |
| Other Long-Term Liabilities | 22.34M | 8.48M | 5.54M | 8.69M | 8.39M | 8.89M |
| Total Liabilities | 1.78B | 1.70B | 1.72B | 1.71B | 1.75B | 1.75B |
| Common Stock | 207.88M | 134.57M | 127.90M | 123.23M | 116.10M | 109.79M |
| Additional Paid-In Capital | 977.00K | 977.00K | 977.00K | 977.00K | 977.00K | |
| Retained Earnings | 91.95M | 81.30M | 68.76M | 54.49M | 44.34M | |
| Comprehensive Income & Other | -15.48M | -33.85M | -33.73M | -46.53M | -4.20M | |
| Shareholders' Equity | 207.88M | 212.02M | 176.33M | 159.25M | 125.04M | 150.91M |
| Total Liabilities & Equity | 1.99B | 1.91B | 1.89B | 1.87B | 1.87B | 1.90B |
| Total Debt | 5.79M | 3.65M | 4.58M | 5.42M | 5.66M | |
| Net Cash (Debt) | 123.18M | 149.94M | 131.88M | 164.34M | 202.94M | 353.54M |
| Net Cash Per Share | 7.47 | 9.05 | 7.81 | 9.73 | 12.07 | 20.46 |
| Filing Date Shares Outstanding | 16.29M | 15.68M | 15.94M | 16.35M | 16.25M | 16.13M |
| Total Common Shares Outstanding | 16.29M | 16.41M | 16.74M | 17.07M | 16.96M | 16.83M |
| Book Value Per Share | 12.76 | 12.92 | 10.53 | 9.33 | 7.37 | 8.96 |
| Tangible Book Value | 207.88M | 207.69M | 173.01M | 155.10M | 125.04M | 150.91M |
| Tangible Book Value Per Share | 12.76 | 12.66 | 10.34 | 9.09 | 7.37 | 8.96 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 21.13M | 20.03M | 21.55M | 15.88M | 14.19M | |
| Depreciation & Amortization | 2.65M | 2.79M | 2.91M | 1.88M | 1.82M | |
| Other Amortization | -2.06M | |||||
| Gain (Loss) on Sale of Investments | -1.19M | 464.00K | 2.05M | 4.47M | 4.61M | |
| Provision for Credit Losses | -250.00K | 1.10M | 900.00K | -1.50M | ||
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 45.00K | 52.00K | 111.00K | 1.21M | 7.89M | |
| Accrued Interest Receivable | -6.04M | -412.00K | -961.00K | -981.00K | ||
| Other Operating Activities | -16.38M | 539.00K | -1.06M | -963.00K | 154.00K | |
| Operating Cash Flow | 6.90M | 19.54M | 27.30M | 21.78M | 25.27M | |
| Capital Expenditures | -1.70M | -343.00K | -1.22M | -344.00K | -803.00K | |
| Cash Acquisitions | 103.42M | |||||
| Investment in Securities | 49.90M | -58.86M | 62.66M | -59.84M | -212.07M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -3.03M | 5.93M | -80.17M | -116.26M | 27.11M | |
| Other Investing Activities | -353.00K | -1.08M | -2.34M | -617.00K | ||
| Investing Cash Flow | 44.82M | -53.28M | 83.61M | -178.78M | -186.38M | |
| Long-Term Debt Repaid | -5.00M | |||||
| Net Debt Issued (Repaid) | -5.00M | |||||
| Issuance of Common Stock | 93.00K | 102.00K | 96.00K | 116.00K | 97.00K | |
| Repurchase of Common Stock | -4.75M | -3.76M | -143.00K | -187.00K | -5.37M | |
| Common Dividends Paid | -8.00K | -7.00K | -7.00K | -8.00K | -8.00K | |
| Total Dividends Paid | -8.00K | -7.00K | -7.00K | -8.00K | -8.00K | |
| Net Increase (Decrease) in Deposit Accounts | -20.95M | 7.64M | -149.06M | -1.43M | 250.14M | |
| Financing Cash Flow | -25.61M | 3.98M | -149.11M | -1.51M | 239.85M | |
| Net Cash Flow | 26.11M | -29.76M | -38.21M | -158.51M | 78.75M | |
| Free Cash Flow | 5.20M | 19.19M | 26.08M | 21.44M | 24.47M | |
| Free Cash Flow Margin | 7.07% | 27.18% | 36.28% | 35.30% | 43.99% | |
| Free Cash Flow Per Share | 0.31 | 1.14 | 1.54 | 1.27 | 1.42 | |
| Cash Interest Paid | 15.32M | 14.64M | 6.11M | 1.14M | 929.00K | |
| Cash Income Tax Paid | 18.78M | 7.67M | 8.50M | 4.66M | 4.77M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 286.19M | 209.84M | 151.80M | 131.53M | 113.03M | 136.36M |
| Last Close Price | 17.57 | 12.72 | 9.06 | 7.71 | 6.66 | 8.03 |
| PE Ratio | 12.74 | 9.93 | 7.58 | 6.10 | 7.12 | 9.61 |
| PS Ratio | 3.68 | 2.85 | 2.15 | 1.83 | 1.86 | 2.45 |
| PB Ratio | 1.38 | 0.99 | 0.86 | 0.83 | 0.90 | 0.90 |
| P/FCF Ratio | 45.22 | 40.37 | 7.91 | 5.04 | 5.27 | 5.57 |
| P/OCF Ratio | 33.06 | 30.42 | 7.77 | 4.82 | 5.19 | 5.39 |
| Debt / Equity Ratio | 0.03 | 0.02 | 0.03 | 0.04 | 0.04 | |
| Debt / FCF Ratio | 1.11 | 0.19 | 0.18 | 0.25 | 0.23 | |
| Net Debt / Equity Ratio | -0.59 | -0.71 | -0.75 | -1.03 | -1.62 | -2.34 |
| Net Debt / FCF Ratio | -28.85 | -6.87 | -6.30 | -9.47 | -14.45 | |
| Return on Equity (ROE) | 11.06% | 10.88% | 11.94% | 15.16% | 11.51% | 9.41% |
| Return on Assets (ROA) | 1.17% | 1.11% | 1.06% | 1.15% | 0.84% | 0.80% |
| Earnings Yield | 7.85% | 10.07% | 13.20% | 16.39% | 14.05% | 10.40% |
| FCF Yield | 2.21% | 2.48% | 12.65% | 19.83% | 18.96% | 17.95% |
| Payout Ratio | 0.04% | 0.03% | 0.03% | 0.05% | 0.06% | |
| Buyback Yield / Dilution | 1.04% | 1.87% | 0.00% | -0.40% | 2.66% | 0.18% |