FIRST NORTHERN COMMUNITY BANCORP (FNRN) Earnings History

FIRST NORTHERN COMMUNITY BANCORP - Q4 2025 Earnings

Filed at: Jan 29, 2026, 7:15 PM EST|Read from source

EXECUTIVE SUMMARY

First Northern Community Bancorp reported solid fourth-quarter results, driven by an improved net interest margin and strong equity growth. While total assets saw a modest increase, deposits experienced a slight decline. The company maintained its well-capitalized status and highlighted operational efficiency.

POSITIVE HIGHLIGHTS

  • •

    Net income for the quarter ended December 31, 2025, was $6.0 million, up 2.3% compared to the prior year.

    positive
  • •

    Shareholder's equity increased by $35.7 million, or 20.2%, to $212.0 million compared to the prior year.

    positive
  • •

    Book value per share increased by $2.38, or 22.6%, to $12.92 compared to the prior year.

    positive
  • •

    Net interest margin improved to 3.85% for the quarter, up 25 basis points from 3.60% in the prior year's quarter, driven by higher yields on loans and securities and disciplined deposit pricing.

    positive

CONCERNS & RISKS

  • •

    Total deposits decreased by $20.9 million, or 1.2%, to $1.68 billion compared to December 31, 2024.

    attention
  • •

    Non-interest income decreased by $0.2 million, or 12.61%, to $1.4 million compared to the prior quarter.

    attention
  • •

    Non-interest expense increased by $1.4 million, or 13.83%, to $11.8 million compared to the prior year's quarter.

    attention
  • •

    Efficiency ratio increased to 61.31% for the current quarter, up from 57.34% in the prior year's quarter, indicating a decrease in operating efficiency.

    attention

FINANCIAL METRICS

Revenue
Quarterly
N/A
N/A
Annual (YTD)
$21.00M
N/A
Prior year: $20.00M
Net Income
Quarterly
$5.98M
+2.3%
Prior year: $5.85M
Annual (YTD)
$21.10M
N/A
Prior year: $20.00M
EPS (Diluted)
Quarterly
$0.36
+2.9%
Prior year: $0.35
Operating Income
Quarterly
$8.27M
+1.7%
Prior year: $8.13M
EPS (Basic)
Quarterly
$0.37
+5.7%
Prior year: $0.35

MARGIN ANALYSIS

Net Margin
Current Quarter
3.1%
Prior Year
3.1%
YoY Change
+2 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

MANAGEMENT COMMENTARY

Emphasis on building shareholder value continued in the fourth quarter with strong financial results.

— FIRST NORTHERN COMMUNITY BANCORP, Q4 2025 2025 Earnings Call

Continued to see improvement in our net interest margin during the quarter.

— FIRST NORTHERN COMMUNITY BANCORP, Q4 2025 2025 Earnings Call

Yields on total average earning assets improved by 29 basis points, or 9.6%, compared to the same quarter last year, while our cost of funds increased only 5 basis points, or 3.2%.

— FIRST NORTHERN COMMUNITY BANCORP, Q4 2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Cost of Funds
0.9
+7.0% YoY
Prior year: 0.9
Efficiency Ratio
61.3
+6.9% YoY
Prior year: 57.3
Net Interest Margin
3.9
+6.9% YoY
Prior year: 3.6
ROAA
1.2
+2.5% YoY
Prior year: 1.2
ROAE
11.4
-12.0% YoY
Prior year: 13.0

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.