---
schema_version: "secwatch.filing_event.v1"
accession: "0001114927-22-000020"
form_type: "8-K"
ticker: "FNRN"
cik: "0001114927"
company_name: "FIRST NORTHERN COMMUNITY BANCORP"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T05:00:36.142271+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# First Northern Bancorp to acquire three Columbia Bank branches in Northern California for ~$128M in deposits

## Summary
- Consideration is 3.15% of average deposits over 30 days plus net book value of assets; ~$128M deposits and ~$4M loans as of Nov 3, 2022.
- Branch divestiture required by DOJ to satisfy conditions for Columbia Bank's pending merger with Umpqua Holdings.
- Transaction expected to close in Q1 2023, subject to regulatory approvals and consummation of Columbia-Umpqua merger.
- All employees of the three branches will be retained by First Northern and branches remain in operation.

## SEC filing metadata
- accession: 0001114927-22-000020
- form_type: 8-K
- ticker: FNRN
- cik: 0001114927
- company_name: FIRST NORTHERN COMMUNITY BANCORP
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114927/000111492722000020/0001114927-22-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114927/000111492722000020/form8_k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001114927-22-000020
- JSON: https://secwatch.observer/filing/0001114927-22-000020.json
- Plain text: https://secwatch.observer/filing/0001114927-22-000020.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.