FIRST NORTHERN COMMUNITY BANCORP
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
FNRN$16.50-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Stockholders’ Equity (Unaudited)
(in thousands, except share data)
| Common Stock · Additional Paid-in · Retained · Accumulated Other Comprehensive Income (Loss), net | ||||||
|---|---|---|---|---|---|---|
| Shares | Amounts | Capital | Earnings | of tax | Total | |
| Balance at December 31, 2022 | 14,652,584 | $116,099 | $977 | $54,492 | $(46,528) | $125,040 |
| Cumulative change from adoption of ASU 2016-13 on January 1, 2023 | (916) | (916) | ||||
| Balance at January 1, 2023 (as adjusted for adoption of accounting standard) | 14,652,584 | 116,099 | 977 | 53,576 | (46,528) | 124,124 |
| Net income | 5,489 | 5,489 | ||||
| Other comprehensive income, net of taxes | 6,013 | 6,013 | ||||
| Stock dividend adjustment | 3,525 | 296 | (296) | — | ||
| Cash in lieu of fractional shares | (164) | (7) | (7) | |||
| Stock-based compensation | 192 | 192 | ||||
| Common shares issued related to restricted stock grants | 72,242 | — | — | |||
| Stock options exercised, net of swapped shares | 11,000 | — | — | |||
| Stock repurchase and retirement | (3,580) | (26) | (26) | |||
| Balance at March 31, 2023 | 14,735,607 | $116,561 | $977 | $58,762 | $(40,515) | $135,785 |
| Net income | 4,564 | 4,564 | ||||
| Other comprehensive loss, net of taxes | (3,690) | (3,690) | ||||
| Stock-based compensation | 188 | 188 | ||||
| Common shares issued related to restricted stock grants | 1,500 | — | — | |||
| Stock repurchase and retirement | (16,474) | (117) | (117) | |||
| Balance at June 30, 2023 | 14,720,633 | $116,632 | $977 | $63,326 | $(44,205) | $136,730 |
| Net income | 4,619 | 4,619 | ||||
| Other comprehensive loss, net of taxes | (4,999) | (4,999) | ||||
| Stock-based compensation | 136 | 136 | ||||
| Restricted stock cancelled, net of common shares issued related to restricted stock grants | (10,209) | — | — | |||
| Stock options exercised, net | 21,927 | — | — | |||
| Balance at September 30, 2023 | 14,732,351 | $116,768 | $977 | $67,945 | $(49,204) | $136,486 |
| Balance at December 31, 2023 | 15,482,332 | $123,235 | $977 | $68,760 | $(33,727) | $159,245 |
| Net income | 4,276 | 4,276 | ||||
| Other comprehensive loss, net of taxes | (1,461) | (1,461) | ||||
| Stock dividend adjustment | 2,671 | 325 | (325) | — | ||
| Cash in lieu of fractional shares | (148) | (7) | (7) | |||
| Stock-based compensation | 296 | 296 | ||||
| Common shares issued related to restricted stock grants, net of restricted stock forfeited | 57,489 | — | — | |||
| Stock options exercised, net of swapped shares | 8,387 | — | — | |||
| Balance at March 31, 2024 | 15,550,731 | $123,856 | $977 | $72,704 | $(35,188) | $162,349 |
| Net income | 4,424 | 4,424 | ||||
| Other comprehensive income, net of taxes | 34 | 34 | ||||
| Stock-based compensation | 159 | 159 | ||||
| Common shares issued related to restricted stock grants | 4,470 | — | — | |||
| Stock repurchase and retirement | (137,500) | (1,239) | (1,239) | |||
| Stock options exercised, net of swapped shares | 1,872 | — | — | |||
| Balance at June 30, 2024 | 15,419,573 | $122,776 | $977 | $77,128 | $(35,154) | $165,727 |
| Net income | 5,488 | 5,488 | ||||
| Other comprehensive income, net of taxes | 12,167 | 12,167 | ||||
| Stock-based compensation | 171 | 171 | ||||
| Restricted stock forfeited | (768) | — | — | |||
| Stock repurchase and retirement | (155,778) | (1,556) | (1,556) | |||
| Balance at September 30, 2024 | 15,263,027 | $121,391 | $977 | $82,616 | $(22,987) | $181,997 |
Index
CONDENSED CONSOLIDATED STATEMENTS OF
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