Local Business

First Northern Bank posts earnings

By From page B5 | February 04, 2013

Dixon-based First Northern Community Bancorp last week announced 2012 net income of $4.6 million, up 70.4 percent compared to the $2.7 million in 2011.

Total assets at Dec. 31, 2012, were $831.5 million, an increase of $50.3 million, or 6.4 percent, compared to the same period in 2011, a bank press release said. Total deposits of $730.8 million increased $51.8 million, or 7.6 percent, compared to December 31, 2011, figures.

“2012 was a year of genuine progress for First Northern Community Bancorp,” Chief Executive Officer Louise Walker said in the press release. “Progress was made across all business lines, resulting in solid growth and much improved annual net earnings.”

First Northern Bank is an independent community bank with headquarters in Solano County since 1910. It serves Solano, Yolo, Sacramento and Placer counties and the west slope of El Dorado County. It has 10 branches located in Dixon, Davis, West Sacramento, Fairfield, Vacaville, Winters, Woodland, downtown Sacramento, Roseville and Auburn, and has a full service Trust Department in Sacramento.

Daily Republic staff


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