{"schema_version":"secwatch.filing_event.v1","accession":"0001114927-24-000040","form_type":"8-K","ticker":"FNRN","cik":"0001114927","company_name":"FIRST NORTHERN COMMUNITY BANCORP","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.340693+00:00","generated_at":"2026-06-03T04:02:31.385485+00:00","sec_items":["2.02","9.01","7.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"First Northern Q1 net income $4.3M, down 22.1% YoY; deposits slip 2.4%","bullets":["Net income $4.3M ($0.28 diluted EPS) vs $5.5M ($0.36) in Q1 2023; prior year included $1.0M bargain purchase gain from branch acquisition.","Total deposits $1.71B, down 2.4% YoY; net loans $1.05B, up 7.5% driven by commercial real estate, residential mortgage.","Cost of funds low at 0.76% with 44% of funding from non-interest-bearing transaction accounts.","Book value per share rose to $10.44 as of March 31, 2024; paid 5% stock dividend on March 25.","Company remained well capitalized with total risk-based capital above 10% threshold."],"urls":{"canonical":"https://secwatch.observer/filing/0001114927-24-000040","json":"https://secwatch.observer/filing/0001114927-24-000040.json","markdown":"https://secwatch.observer/filing/0001114927-24-000040.md","text":"https://secwatch.observer/filing/0001114927-24-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1114927/000111492724000040/0001114927-24-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1114927/000111492724000040/form8_k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:02:31.385485+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fb5a64e43a3838009197c921286a3409ffbf3110","claim":"FIRST NORTHERN COMMUNITY BANCORP reported the three months ended March 31, 2024 results: revenue $18,543, net income $4.3 million, EPS $0.28 per diluted share.","evidence_excerpt":"CAPITAL Total Deposits 1,708,872 Other Liabilities 15,903 Stockholders’ Equity 162,349 Total Liabilities and Capital 1,887,124 CONSOLIDATED INCOME STATEMENT (YTD) Interest Income 18,543 Interest Expense (3,181 ) Net Interest Income 15,362 Recapture of Provision for Credit Losses 300 Non-interest Income 1,507 Non-interest Expense (11,227 ) Provision for Income Tax","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1114927/000111492724000040/0001114927-24-000040-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Revenue","value":"$18,543"},{"label":"Net income","value":"$4.3 million"},{"label":"EPS","value":"$0.28 per diluted share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}