---
schema_version: "secwatch.filing_event.v1"
accession: "0001114927-23-000015"
form_type: "8-K"
ticker: "FNRN"
cik: "0001114927"
company_name: "FIRST NORTHERN COMMUNITY BANCORP"
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T22:49:05.570568+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Northern Q2 net income $4.6M (+28.7% YoY); NIM 3.97%, loans up 9.3%

## Summary
- Net income Q2 2023 $4.6M, diluted EPS $0.31, up 28.7% YoY; six-month net income $10.1M, up 52.6%.
- Net interest margin expanded to 3.97% from 3.55% in Q1 2023, including 28bp benefit from $1.3M interest recovery.
- Total net loans $1.0B, up 9.3% YoY, driven by commercial real estate and residential mortgage growth.
- Charge-off of $2.6M on an agricultural loan; provision for credit losses $2.6M; also recognized $2.0M recovery on different agricultural loan.
- Company remained 'well capitalized' with total risk-based capital exceeding 10% threshold.

## SEC filing metadata
- accession: 0001114927-23-000015
- form_type: 8-K
- ticker: FNRN
- cik: 0001114927
- company_name: FIRST NORTHERN COMMUNITY BANCORP
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114927/000111492723000015/0001114927-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114927/000111492723000015/form8_k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001114927-23-000015
- JSON: https://secwatch.observer/filing/0001114927-23-000015.json
- Plain text: https://secwatch.observer/filing/0001114927-23-000015.txt

## Key facts
- Earnings Releases
  FIRST NORTHERN COMMUNITY BANCORP reported the six months ended June 30, 2023 results: net income $10.1 million, EPS $0.69 per diluted share.
  - Period: the six months ended June 30, 2023
  - Net income: $10.1 million
  - EPS: $0.69 per diluted share
  - Result: reported results
  source text: today reported net income of $10.1 million, or $0.69 per diluted share, for the six months ended June 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114927/000111492723000015/0001114927-23-000015-index.htm
- Earnings Releases
  FIRST NORTHERN COMMUNITY BANCORP reported the quarter ended June 30, 2023 results: net income $4.6 million, EPS $0.31 per diluted share.
  - Period: the quarter ended June 30, 2023
  - Net income: $4.6 million
  - EPS: $0.31 per diluted share
  - Result: reported results
  source text: Net income for the quarter ended June 30, 2023 was $4.6 million, or $0.31 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114927/000111492723000015/0001114927-23-000015-index.htm

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