---
schema_version: "secwatch.filing_event.v1"
accession: "0001114927-24-000002"
form_type: "8-K"
ticker: "FNRN"
cik: "0001114927"
company_name: "FIRST NORTHERN COMMUNITY BANCORP"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T14:40:12.605625+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# First Northern reports record 2023 net income of $21.6M, declares 5% stock dividend

## Summary
- Annual net income $21.6M ($1.41 diluted EPS), +35.7% YoY; Q4 net income $6.9M ($0.45), +47% YoY.
- Net interest income $66.5M, +21.7% YoY, driven by higher rate environment and balance sheet repricing.
- Total net loans $1.1B, +8.5% YoY; deposits $1.69B, -2.0% YoY; assets $1.87B, flat.
- Board declared 5% stock dividend payable March 25, 2024 to shareholders of record Feb 29, 2024.
- Company upgraded to OTCQX Best Market from OTCQB, aims to enhance shareholder visibility.

## SEC filing metadata
- accession: 0001114927-24-000002
- form_type: 8-K
- ticker: FNRN
- cik: 0001114927
- company_name: FIRST NORTHERN COMMUNITY BANCORP
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01, 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114927/000111492724000002/0001114927-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114927/000111492724000002/form8_k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001114927-24-000002
- JSON: https://secwatch.observer/filing/0001114927-24-000002.json
- Plain text: https://secwatch.observer/filing/0001114927-24-000002.txt

## Key facts
- Earnings Releases
  FIRST NORTHERN COMMUNITY BANCORP reported the quarter ended December 31, 2023 results: net income $6.9 million, EPS $0.45 per diluted share.
  - Period: the quarter ended December 31, 2023
  - Net income: $6.9 million
  - EPS: $0.45 per diluted share
  - Result: reported results
  source text: Net income for the quarter ended December 31, 2023 totaled $6.9 million, or $0.45 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114927/000111492724000002/0001114927-24-000002-index.htm
- Earnings Releases
  FIRST NORTHERN COMMUNITY BANCORP reported the year ended December 31, 2023 results: net income $21.6 million, EPS $1.41 per diluted share.
  - Period: the year ended December 31, 2023
  - Net income: $21.6 million
  - EPS: $1.41 per diluted share
  - Result: reported results
  source text: First Northern Community Bancorp Reports Record Year End 2023 Net Income of $21.6 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114927/000111492724000002/0001114927-24-000002-index.htm

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