---
schema_version: "secwatch.filing_event.v1"
accession: "0001114927-23-000004"
form_type: "8-K"
ticker: "FNRN"
cik: "0001114927"
company_name: "FIRST NORTHERN COMMUNITY BANCORP"
filed_at: "2023-01-30T23:59:59+00:00"
generated_at: "2026-06-20T06:25:52.287640+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Northern Community Bancorp reports record 2022 net income of $15.9M, up 12%; declares 5% stock dividend

## Summary
- Record annual net income $15.9M ($1.09 diluted EPS) vs $14.2M ($0.95) in 2021, increases of 12% and 14.7% respectively.
- Q4 2022 net income $4.7M ($0.33 diluted) vs $3.2M ($0.22) in Q4 2021, driven by higher net interest income.
- Net interest income record $54.7M, up 18.2% YoY; net interest margin 3.06%, up 44 bps from 2.62%.
- Net loans grew 13.6% (18.8% ex-PPP) to $970.1M; total assets $1.87B, down 1.5% from year-end 2021.
- Board declared 5% stock dividend payable March 24, 2023 to holders of record February 28, 2023.

## SEC filing metadata
- accession: 0001114927-23-000004
- form_type: 8-K
- ticker: FNRN
- cik: 0001114927
- company_name: FIRST NORTHERN COMMUNITY BANCORP
- filed_at: 2023-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114927/000111492723000004/0001114927-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114927/000111492723000004/form8_k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001114927-23-000004
- JSON: https://secwatch.observer/filing/0001114927-23-000004.json
- Plain text: https://secwatch.observer/filing/0001114927-23-000004.txt

## Key facts
- Earnings Releases
  FIRST NORTHERN COMMUNITY BANCORP reported the year ended December 31, 2022 results: net income $15.9 million, EPS $1.09 per diluted share.
  - Period: the year ended December 31, 2022
  - Net income: $15.9 million
  - EPS: $1.09 per diluted share
  - Result: reported results
  source text: First Northern Community Bancorp (the “Company”, OTCQB: FNRN), holding company for First Northern Bank (“First Northern” or the “Bank”), today reported 2022 annual net income of $15.9 million, or $1.09 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114927/000111492723000004/0001114927-23-000004-index.htm
- Earnings Releases
  FIRST NORTHERN COMMUNITY BANCORP reported the quarter ended December 31, 2022 results: net income $4.7 million, EPS $.33 per diluted share.
  - Period: the quarter ended December 31, 2022
  - Net income: $4.7 million
  - EPS: $.33 per diluted share
  - Result: reported results
  source text: Net income for the quarter ended December 31, 2022 totaled $4.7 million, or $.33 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114927/000111492723000004/0001114927-23-000004-index.htm

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