Solano County’s First Northern Bancorp see 2Q earnings jump

The "Follow This Story" feature will notify you when any articles related to this story are posted.

When you follow a story, the next time a related article is published — it could be days, weeks or months — you'll receive an email informing you of the update.

If you no longer want to follow a story, click the "Unfollow" link on that story. There's also an "Unfollow" link in every email notification we send you.

This tool is available only to subscribers; please make sure you're logged in if you want to follow a story.

Please note: This feature is available only to subscribers; make sure you're logged in if you want to follow a story.


First Northern Community Bancorp (OTCQB: FNRN), the holding company for First Northern Bank in northern Solano County, reported a jump in earnings, showing net income for the second quarter of 2019 at $3.4 million compared to $3.0 million for the same period last year.

Assets and deposits also increased, according to a release from the bank.

Total assets at the end of June were $1.23 billion, an increase of $45.7 million, or 3.9%, when compared to Q2 last year.

Total deposits at the end of this most recent quarter were $1.09 billion, an increase of $20.1 million, or 1.9%, compared to the end of June 2018.

In a statement, President & CEO Louise Walker said: “We are growing our relationship management teams with top local talent and look forward to attracting more and more small to medium sized businesses throughout our service area with First Northern’s brand of banking.”

She noted the bank is preparing to open its 11th full-service branch in Rancho Cordova and expected to be moved in later this summer.

Show Comment

Our Network

Santa Rosa Press Democrat
Sonoma Index-Tribune
Petaluma Argus Courier
Sonoma Magazine
Bite Club Eats
La Prensa Sonoma
Emerald Report
Spirited Magazine