First Northern Community Bancorp (the “Company”) is a bank holding company registered under the Bank Holding Company Act of 1956, as amended (“BHCA”). Its legal headquarters and principal administrative offices are located at 195 N. First Street, Dixon, CA 95620 and its telephone number is (707) 678-3041. The Company provides a full range of community banking services to individual and corporate customers throughout the California Counties of Solano, Yolo, Placer, and Sacramento as well as portions of El Dorado and Contra Costa Counties through its wholly-owned subsidiary bank, First Northern Bank of Dixon (“First Northern” or the “Bank”). The Company’s operating policy since inception has emphasized the banking needs of individuals and small- to medium-sized businesses. In addition, the Bank owns 100% of the capital stock of Yolano Realty Corporation, a subsidiary created for the purpose of managing selected other real estate owned properties.
Company profile
Ticker
FNRN
Exchange
Website
CEO
Louise A. Walker
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
680450397
FNRN stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
11 Apr 24
8-K
Regulation FD Disclosure
27 Mar 24
10-K
2023 FY
Annual report
8 Mar 24
8-K
Entry into a Material Definitive Agreement
8 Mar 24
8-K
Results of Operations and Financial Condition
30 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Departure of Directors or Certain Officers
30 Oct 23
8-K
Results of Operations and Financial Condition
27 Oct 23
10-Q
2023 Q2
Quarterly report
10 Aug 23
8-K
Results of Operations and Financial Condition
27 Jul 23
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 197.11 mm | 197.11 mm | 197.11 mm | 197.11 mm | 197.11 mm | 197.11 mm |
Cash burn (monthly) | 2.57 mm | 5.61 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 17.14 mm | 37.44 mm | n/a | n/a | n/a | n/a |
Cash remaining | 179.97 mm | 159.66 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 70.1 | 28.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
8.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 7.96 mm |
Total shares | 1.26 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
M3 Partners | 788.52 k | $7.96 mm |
Banc Funds | 474.31 k | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Apr 24 | Brett Hamilton | Restricted Stock Award/Common Stock | Grant | Acquire A | No | No | 8.95 | 4,470 | 40.01 k | 4,470 |
20 Feb 24 | Walker Louise A | Common Stock | Option exercise | Acquire M | No | No | 4.87 | 9,859 | 48.01 k | 182,512 |
20 Feb 24 | Walker Louise A | Common Stock | Payment of exercise | Dispose F | No | No | 8.69 | 5,525 | 48.01 k | 182,512 |
20 Feb 24 | Walker Louise A | Employee Stock Option (right to purchase) Common Stock | Option exercise | Acquire M | No | No | 4.87 | 9,859 | 48.01 k | 0 |
16 Feb 24 | Barbara A Hayes | Common Stock | Buy | Acquire P | No | No | 8.7 | 257 | 2.24 k | 11,256 |
15 Feb 24 | Smith Jeremiah Zachary | Common Stock | Grant | Acquire A | No | No | 8.7 | 18,390 | 159.99 k | 95,390 |