First Northern Community Bancorp operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and ...
First Northern Community Bancorp serves as the bank holding company for First Northern Bank of Dixon, an institution with a deep-rooted history dating back to 1910. The company operates as a pillar of community banking in Northern California, specifically serving Solano, Yolo, Sacramento, Placer, El Dorado, Glenn, and Colusa counties. ...First Northern Community Bancorp serves as the bank holding company for First Northern Bank of Dixon, an institution with a deep-rooted history dating back to 1910. The company operates as a pillar of community banking in Northern California, specifically serving Solano, Yolo, Sacramento, Placer, El Dorado, Glenn, and Colusa counties. With its headquarters in Dixon, California, the bank has built a reputation for personalized service tailored to the specific needs of its local customer base.
From a business and product perspective, the bank provides a comprehensive suite of commercial banking products. This includes interest-bearing and non-interest-bearing deposit accounts, such as demand deposits, savings, and money market accounts. Their loan portfolio is diverse, spanning commercial, commercial real estate, agribusiness, residential mortgage, residential construction, and consumer lending. Beyond core banking, they offer modern financial solutions including debit/credit cards, equipment leasing, merchant card processing, payroll services, and international banking through third-party partnerships, as well as investment and fiduciary services.
Financially, the company demonstrates stable operations with a market capitalization of approximately $293.69 million. As of the latest reporting, the bank maintains a strong focus on asset quality and conservative growth, reflecting its long-term stability as a community institution. The leadership is currently guided by President and CEO Jeremiah Z. Smith, who has been at the helm since January 2023. The organization emphasizes the 'community bank' identity, distancing itself from the service models of massive national banks by maintaining 14 full-service branches that prioritize deep relationship-building with small and medium-sized businesses and individuals.
The cost structure of the bank is primarily driven by personnel and operational overhead associated with maintaining its branch network and regulatory compliance requirements. Operating with approximately 204 full-time employees, the firm maintains a lean and efficient organizational structure. As a community-focused entity, its 'wishes' or strategic goals revolve around maintaining local autonomy, fostering regional economic growth through support for local businesses, and continuing its legacy of service that has sustained the institution for over a century. The firm continues to provide shareholders with value, evidenced by consistent financial performance and occasional dividends.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$88.4M
+4.4%
+1.0%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$21.1M
+5.5%
-19.9%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+83.2%
-0.2%
-1.6%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+31.0%
-5.7%
-19.2%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+23.9%
+1.0%
-20.7%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$5.2M
-72.9%
-22.6%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
+5.9%
-74.1%
-23.4%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
2.7%
—
—
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
140.53x
+30425.3%
+389928.1%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
