earnings
confidence high
sentiment neutral
materiality 0.75
First Northern Community Bancorp Q2 net income $4.7M, down 13.5% YoY; uplisted to Nasdaq, added to Russell 3000
FIRST NORTHERN COMMUNITY BANCORP
- Net income $4.7M ($0.29 diluted EPS) vs $5.5M ($0.33) in Q2 2025, down 13.5%.
- Net loans grew $27.9M in Q2 (10.5% annualized); non-accrual loans fell 7.1% to $4.6M.
- Net interest margin 3.75% vs 3.85% a year ago; cost of funds stable at 0.90%.
- Non-interest income up 14.7% YoY, driven by 141.3% increase in investment/brokerage services from Beacon Wealth acquisition.
- Uplisted to Nasdaq Capital Market on April 24, 2026; added to Russell 3000 Index on June 29, 2026; book value per share $13.24.