First Northern Community Bancorp (FNRN) Financial Statements (2024 and earlier)

Company Profile

Business Address 195 N FIRST STREET
DIXON, CA 95620
State of Incorp. CA
Fiscal Year End December 31
Industry (SIC) 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments204,806206,110187,417264,403245,472274,750
Cash and cash equivalents204,806206,110187,417264,403245,472274,750
Financing receivable, accrued interest, after allowance for credit loss4,387     
Total current assets:209,193206,110187,417264,403245,472274,750
Noncurrent Assets
Operating lease, right-of-use asset4,6154,8834,9055,1725,2855,566
Property, plant and equipment9,7699,7986,1226,0186,1816,372
Intangible assets, net (including goodwill)4,5934,819    
Intangible assets, net (excluding goodwill)4,5934,819    
Total noncurrent assets:18,97719,50011,02711,19011,46611,938
Other undisclosed assets1,685,3131,677,6811,672,9171,657,1201,639,8331,580,981
TOTAL ASSETS:1,913,4831,903,2911,871,3611,932,7131,896,7711,867,669
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,776,7531,767,5061,746,3211,819,3531,769,6371,733,539
Total liabilities:1,776,7531,767,5061,746,3211,819,3531,769,6371,733,539
Equity
Equity, attributable to parent136,730135,785125,040113,360127,134134,130
Common stock116,632116,561116,099110,557110,407110,308
Additional paid in capital977977977977977977
Accumulated other comprehensive loss(44,205)(40,515)(46,528)(53,293)(34,801)(24,160)
Retained earnings63,32658,76254,49255,11950,55147,005
Total equity:136,730135,785125,040113,360127,134134,130
TOTAL LIABILITIES AND EQUITY:1,913,4831,903,2911,871,3611,932,7131,896,7711,867,669

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues19,23016,93116,33214,51113,11711,915
Net investment income19,28316,91116,33214,48413,21911,847
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(2,600)  (300)(300)(300)
Gross profit:16,63016,93116,33214,21112,81711,615
Operating expenses(2,414)(2,433)(2,125)(1,982)(1,857)(1,872)
Other operating income, net
(Noninterest Income, Other Operating Income)
2251871,490769223239
Operating income:14,44114,68515,69712,99811,1839,982
Nonoperating income
(Investment Income, Nonoperating)
  1,405    
Interest and debt expense(1,501)(930)(495)(271)(211)(209)
Income from continuing operations before equity method investments, income taxes:12,94015,16015,20212,72710,9729,773
Other undisclosed loss from continuing operations before income taxes(6,619)(7,590)(8,636)(6,653)(6,100)(5,619)
Income from continuing operations before income taxes:6,3217,5706,5666,0744,8724,154
Income tax expense(1,757)(2,081)(1,837)(1,506)(1,326)(1,113)
Income from continuing operations:4,5645,4894,7294,5683,5463,041
Income before gain (loss) on sale of properties:4,5683,5463,041
Net income available to common stockholders, diluted:4,5645,4894,7294,5683,5463,041

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:4,5645,4894,7294,5683,5463,041
Other undisclosed comprehensive income   17,861   
Comprehensive income:4,5645,48922,5904,5683,5463,041
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(3,690)6,013(11,096)(18,492)(10,641)(19,963)
Comprehensive income (loss), net of tax, attributable to parent:87411,50211,494(13,924)(7,095)(16,922)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: