On May 20, 2022, First Northern Community Bancorp announced that Louise A. Walker will retire as the President of First Northern Community Bancorp (the Company") and its subsidiary, First Northern Bank (the Bank"), effective December 31, 2022, and that Jeremiah Z. Smith, currently the Company's Senior Executive Vice President and Chief Operating Officer, will be her successor. Mr. Smith will be promoted to President of the Company and the Bank effective January 1, 2023. Mr. Smith, joined the Company in May 2003 as Executive Vice President and Chief Financial Officer, serving in that position until October 2014, when he became Senior Executive Vice President and Chief Operating Officer of the Company and the Bank.

The Company also announced on May 20, 2022, that, effective upon Mr. Smith's promotion to President he will also be appointed to the Board of Directors of the Company and the Bank. Following her retirement, Ms. Walker will continue to serve as a member of the Board of Directors of the Company and the Bank and will receive standard director fees.