First Northern Community Bancorp

First Northern Community Bancorp is the bank holding company for First Northern Bank of Dixon, a California community bank serving individuals and small-to-medium-sized businesses across the Sacramento Valley. It gathers deposits and makes commercial, consumer, and real estate loans, while also offering treasury-adjacent services such as merchant processing, payroll, leasing, and brokerage through third parties.

— First Northern Community Bancorp
%
Deposit Banking35% Core deposit accounts used to fund lending and provide transaction services.
Commercial Lending30% Loans to small and medium-sized businesses, including working capital and business-purpose credit.
Consumer and Real Estate Lending20% Consumer loans, residential mortgages, and real estate-related lending to households and investors.
Fee and Treasury Services10% Merchant processing, payroll, credit cards, safe deposit boxes, and other fee-based banking services.
Wealth and Third-Party Financial Services5% Brokerage, fiduciary, and alternative investment services offered through Raymond James.

The bank primarily serves individuals and small-to-medium-sized businesses in the California communities where it...

  • Small and medium-sized businessesprimary

    Borrow commercial loans and use deposits, cash management, and payment services for operating needs.

  • Individuals and householdsprimary

    Use checking, savings, time deposits, consumer loans, and residential mortgages.

  • Real estate borrowerssecondary

    Take real estate-related loans for owner-occupied, investment, or other property financing.

  • Local depositorsprimary

    Place insured and uninsured deposits with the bank because of branch access and relationship banking.

  • Wealth and advisory clientssecondary

    Use brokerage, fiduciary, and alternative investment services offered through Raymond James.

First Northern operates almost entirely in Northern California, with fourteen full-service branches across Solano,...

  • •Branch network concentrated in Northern California communities
  • •Primary market includes Sacramento Valley and nearby counties
  • •Operations center in Dixon supports back-office and lending functions
  • •Administrative office in Sacramento expands regional coverage
  • •Geographic concentration ties performance to local economic conditions

The company’s strategy is to remain a relationship-focused community bank, using local branches and long-standing...

01
Protect and grow core community deposit relationshipsshort-term

Low-cost, stable deposits fund lending and reduce reliance on wholesale funding.

02
Support commercial and real estate lending in the local marketmedium-term

Loan growth and relationship depth are central to revenue generation.

03
Diversify fee income beyond spread lendingmedium-term

Noninterest income can offset margin pressure and rate sensitivity.

04
Preserve liquidity and capital flexibilityshort-term

Banking regulation and deposit volatility require strong balance-sheet resilience.

The bank is exposed to intense competition from larger California banks, credit unions, fintechs, and out-of-state...

high

Intense competition in California banking

Large banks, credit unions, fintechs, and out-of-state banks compete for deposits and loans.

Scope
Deposit pricing, loan spreads, customer retention
Materiality
high
high

Geographic concentration in Northern California

Most business comes from a limited set of counties and local economic conditions.

Scope
Loan demand, deposit growth, credit performance
Materiality
high
high

Interest rate sensitivity

Net interest income and mortgage originations depend on rate levels and yield-curve dynamics.

Scope
Net interest margin, refinancing activity
Materiality
high
high

Credit deterioration in commercial and real estate portfolios

The bank lends to businesses and property-related borrowers that can weaken in a downturn.

Scope
Charge-offs, provisions, nonperforming assets
Materiality
high
medium

Uninsured deposit concentration

A meaningful portion of deposits is above FDIC insurance limits, increasing runoff risk in stress events.

Scope
Liquidity and funding stability
Materiality
high
Allowance for credit losses
Can materially change provision expense and reported earnings
Reserve for unfunded lending commitments
Affects other liabilities and credit expense
Fair value of securities
Can affect accumulated other comprehensive income and capital
Seasonality and deposit mix
Can distort quarterly net interest income and liquidity trends
Income tax rate
Affects net income and comparability across periods

First Bancorp, Inc /ME/

FNLC · National Commercial Banks

FIRSTSUN CAPITAL BANCORP

FSUN · National Commercial Banks

FIRST NATIONAL CORP /VA/

FXNC · State Commercial Banks

FIRST BANCORP /NC/

FBNC · State Commercial Banks

First Northwest Bancorp

FNWB · Savings Institutions, Not Federally Chartered

FIRST COMMUNITY CORP /SC/

FCCO · State Commercial Banks

: 28/04/2026