---
schema_version: "secwatch.filing_event.v1"
accession: "0001114927-25-000028"
form_type: "8-K"
ticker: "FNRN"
cik: "0001114927"
company_name: "FIRST NORTHERN COMMUNITY BANCORP"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T01:57:24.540492+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Northern Q1 net income $3.7M, down 14% YoY; net margin up 15bp to 3.64%

## Summary
- Net income $3.7M ($0.23 diluted EPS) vs $4.3M ($0.26) in Q1 2024, a 14.2% decline.
- Net interest margin improved to 3.64% from 3.49% YoY; cost of funds stable at 0.86%.
- Loan loss provision of $850k vs release of $300k in prior year, driven by $2.8M specific reserve.
- Total assets $1.88B, loans $1.04B, deposits $1.67B; stockholders' equity up 6.5% to $187.8M.
- Book value per share rose to $11.81 from $11.06 at year-end 2024; 5% stock dividend paid March 2025.

## SEC filing metadata
- accession: 0001114927-25-000028
- form_type: 8-K
- ticker: FNRN
- cik: 0001114927
- company_name: FIRST NORTHERN COMMUNITY BANCORP
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1114927/000111492725000028/0001114927-25-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114927/000111492725000028/form8_k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001114927-25-000028
- JSON: https://secwatch.observer/filing/0001114927-25-000028.json
- Plain text: https://secwatch.observer/filing/0001114927-25-000028.txt

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