secwatch.observer — SEC 8-K summary
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Issuer:     FIRST NORTHERN COMMUNITY BANCORP (FNRN)
CIK:        0001114927
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0001114927-21-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

First Northern Community Bancorp Q2 net income $3.3M, up 22.2% YoY
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- Q2 2021 net income $3.3M ($0.24/diluted) vs $2.7M ($0.20) in Q2 2020.
- Six-month net income $6.5M ($0.47/diluted) up 20.4% from $5.4M ($0.40) in H1 2020.
- Total deposits $1.66B, up 15.6% YoY; net loans $874.1M down 11% due to PPP payoffs.
- Provision for loan losses nil in Q2 2021 vs $800K in Q2 2020; improved economic outlook.
- PPP processing fees contributed $2.34M in H1 2021; company reaffirms independence policy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1114927/000111492721000013/0001114927-21-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1114927/000111492721000013/form8_k.htm
  HTML page:      https://secwatch.observer/filing/0001114927-21-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer