secwatch.observer — SEC 8-K summary
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Issuer:     FIRST NORTHERN COMMUNITY BANCORP (FNRN)
CIK:        0001114927
Form:       8-K
Filed at:   2022-07-29T23:59:59+00:00
Accession:  0001114927-22-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

First Northern Q2 net income $3.5M ($0.26/diluted), up 7.3% YoY; loan growth ex-PPP +24.3%
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- Net income of $3.5M ($0.26/diluted) for Q2 2022, vs $3.3M ($0.23) in Q2 2021, up 7.3%.
- Total assets $1.90B, up 3.4% YoY; total deposits $1.75B, up 5.3% YoY.
- Net loans (ex-PPP) grew $181.9M or 24.3% YoY, driven by commercial real estate and ag originations.
- Non-performing assets decreased 35% vs year-ago quarter.
- Bank remained 'well capitalized' with total risk-based capital ratio above 10% threshold.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1114927/000111492722000016/0001114927-22-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1114927/000111492722000016/form8_k.htm
  HTML page:      https://secwatch.observer/filing/0001114927-22-000016

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