DIXON, Calif .– (COMMERCIAL THREAD) – First Northern Community Bancorp (OTCQB: FNRN), the holding company of First Northern Bank, announced that at the May 18, 2021 organizational meeting of the board of directors of First Northern Community Bancorp and First Northern Bank, Patrick R. Brady was elected to a one-year term as vice-chair of the 10-member board. He joins President Richard M. Martinez whose three-year term has been extended by one year. Together, they represent 18 years of combined experience as a director at First Northern.
Mr. Brady has served on the Board since January 2013. He is currently Chairman of the Bank’s Compensation Committee and a member of the Loans Committee, the Nominating and Corporate Governance Committee and the Bank’s Profit Sharing Committee.
Mr. Brady, who holds a Bachelor of Science in Public Administration from the University of Arizona and a Masters of Hospital Administration from the University of Minnesota, retired as Executive Director of Sutter Roseville Medical Center in 2018. He had been involved with Sutter since 1981. Prior to his position at Sutter Roseville, Mr. Brady was CEO of Sutter Solano Medical Center for approximately six and a half years. Mr. Brady’s service to boards of directors in the private and public sectors and his experience as a CEO has provided him with in-depth knowledge and experience in financial management, corporate governance. business and risk management.
In addition to serving on the boards of directors of First Northern Community Bancorp and First Northern Bank, Mr. Brady’s professional activities include leadership roles in healthcare associations and advocacy groups.
The other nine directors of First Northern and the year they joined the board are: John M. Carbahal – 1996, Gregory DuPratt – 1996, Barbara A. Hayes – 2016, Richard M. Martinez – 2011, Foy S McNaughton – 2000, Sean P. Quinn – 2016, Daniel F. Ramos – 2020, Mark C. Schulze – 2017, and Louise A. Walker – 2011.
About First Northern Bank
First Northern Bank is an independent community bank specializing in relationship banking. The bank, headquartered in Solano County since 1910, serves Solano, Yolo, Sacramento, Placer and Contra Costa counties, as well as the western slope of El Dorado County. Experts are available in small business, commercial, real estate and agri-food lending, as well as mortgage lending. The Bank is a preferred lender of the SBA. Non-FDIC-insured investment and brokerage services are available at all branches, including Dixon, Davis, West Sacramento, Fairfield, Vacaville, Winters, Woodland, Sacramento, Roseville, Auburn, and Rancho Cordova. The Bank also has a commercial loan office in Walnut Creek. Real estate mortgage and small business loan officers are available by appointment at any of the Bank’s 11 branches. First Northern is rated a Veribanc “Blue Ribbon” bank and a “5 star superior” bank by Bauer Financial for the reporting period ended March 31, 2021 (www.veribanc.com) and (www.bauerfinancial.com). The Bank can be found on the web at mabanque.com, at Facebook and on LinkedIn.
This press release may include certain “forward-looking statements” with respect to First Northern Community Bancorp (the “Company”). These forward-looking statements are based on management’s current expectations and are subject to certain risks, uncertainties and changes in circumstances. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, commercial and regulatory factors. Given the many challenges and uncertainties resulting from the coronavirus pandemic, such as the extent and duration of the impact on public health, the U.S. and California economies, financial markets, and consumer and business customers and customers, including economic activity, employment levels and market liquidity, and on our business, results of operations and financial condition, as well as the various actions taken in response to challenges and uncertainties by governments, regulators and others, our forward-looking statements are subject to the risk that conditions will differ materially from what we currently expect. More detailed information on these risk factors is contained in the Company’s most recent reports filed with the Securities and Exchange Commission on Forms 10-K, 10-Q and 8-K, each subject to change from time to time. other, which identify risk factors that could cause actual results to differ materially from those contained in forward-looking statements. The financial information contained in this press release should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s most recent reports on Forms 10-K and 10-Q. The Company assumes no obligation to update these forward-looking statements to reflect events or circumstances occurring after the date on which they are made. For more information on the Company, please read the Company’s reports filed with the SEC and available at www.sec.gov.