FIRST NORTHERN COMMUNITY BANCORP
For the period ended Mar 31, 2026. Filed May 7, 2026.
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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.
Mar 31, 2026 · Filed May 7, 2026
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 Cash Flows (Unaudited)
| Three months ended | Three months ended | |
|---|---|---|
| (in thousands) | March 31, 2026 | March 31, 2025 |
| Cash Flows From Operating Activities | ||
| Net income | $5,906 | $3,671 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation | 241 | 250 |
| Accretion and amortization of investment securities premiums and discounts, net | (457) | (336) |
| Increase in deferred loan origination costs, net | (254) | (226) |
| Amortization of core deposit intangible | 253 | 189 |
| Provision for credit losses | 300 | 850 |
| Stock-based compensation | 115 | 198 |
| Losses on sales/calls of available-for-sale securities | — | 53 |
| Amortization of operating lease right-of-use asset | 217 | 218 |
| Gains on sales of loans held-for-sale | (18) | (14) |
| Proceeds from sales of loans held-for-sale | 1,437 | 1,083 |
| Originations of loans held-for-sale | (1,419) | (1,484) |
| Gain on purchase of tax credits | (191) | — |
| Changes in assets and liabilities: | ||
| Increase in interest receivable and other assets | 1,862 | 1,181 |
| Decrease in interest payable and other liabilities | (3,738) | (2,213) |
| Net cash provided by operating activities | 4,254 | 3,420 |
| Cash Flows From Investing Activities | ||
| Proceeds from calls or maturities of available-for-sale securities | 12,500 | 11,000 |
| Proceeds from sales of available-for-sale securities | — | 3,367 |
| Principal repayments on available-for-sale securities | 21,808 | 20,615 |
| Purchases of available-for-sale securities | (44,240) | (25,399) |
| Proceeds from maturities of certificates of deposit | 1,448 | 493 |
| Purchases of certificates of deposit | (1,440) | — |
| Net (increase) decrease in loans | (14,195) | 5,433 |
| Purchases of premises and equipment | (498) | (96) |
| Net cash (used in) provided by investing activities | (24,617) | 15,413 |
| Cash Flows From Financing Activities | ||
| Net increase (decrease) in deposits | 15,555 | (25,282) |
| Cash dividends paid in lieu of fractional shares | (10) | (8) |
| Repurchases of common stock | (1,152) | (1,274) |
| Net cash provided by (used in) financing activities | 14,393 | (26,564) |
| Net decrease in Cash and Cash Equivalents | (5,970) | (7,731) |
| Cash and Cash Equivalents, beginning of period | 145,554 | 119,448 |
| Cash and Cash Equivalents, end of period | $139,584 | $111,717 |
| Supplemental Disclosures of Cash Flow Information: | ||
| Cash paid during the period for: | ||
| Interest | $3,822 | $4,163 |
| Supplemental disclosures of non-cash investing and financing activities: | ||
| Stock dividend distributed | 10,659 | 7,510 |
| Unrealized holding (losses) gains on available-for-sale securities, net of taxes | (3,078) | 8,886 |
| Market value of shares tendered in-lieu of cash to pay for exercise of options | 257 | 184 |
| Transfer of premises and equipment to other real estate owned | — | 1,241 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.