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FIRST NORTHERN COMMUNITY BANCORP

(FNRN)
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FIRST NORTHERN COMMUNITY BANCORP : Results of Operations and Financial Condition, Regulation FD Disclosure, Other Events (form 8-K)

01/29/2021 | 06:20am EDT

ITEM 2.02 RESULTS OF OPERATION AND FINANCIAL CONDITION

On January 28, 2021, First Northern Community Bancorp issued a press release concerning financial results for the 4th quarter of 2020, a copy of which is included as ITEM 9.01 (c) Exhibit 99.1 and incorporated herein by reference in both ITEM 2.02 and ITEM 7.01. The Company does not intend for this exhibit to be incorporated by reference into future filings under the Securities Exchange Act of 1934.

ITEM 7.01 REGULATION FD DISCLOSURE

On January 28, 2021, First Northern Community Bancorp issued a press release concerning financial results for the 4th quarter of 2020, a copy of which is included as ITEM 9.01 (c) Exhibit 99.1 and incorporated herein by reference in both ITEM 2.02 and ITEM 7.01 in accordance with SEC Release No. 33-8216.

ITEM 8.01 OTHER EVENTS

On January 27, 2021 the Board of Directors declared a 5% stock dividend, payable March 25, 2021 to shareholders of record as of February 26, 2021.

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Financials (USD)
Sales 2020 52,1 M - -
Net income 2020 12,2 M - -
Net cash 2020 273 M - -
P/E ratio 2020 10,7x
Yield 2020 -
Capitalization 156 M 156 M -
EV / Sales 2019 0,42x
EV / Sales 2020 -2,71x
Nbr of Employees 214
Free-Float 92,1%
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Managers and Directors
NameTitle
Louise A. Walker President, Chief Executive Officer & Director
Kevin M. Spink Chief Financial Officer & Executive Vice President
Richard M. Martinez Chairman
Jeremiah Z. Smith Chief Operating Officer & Senior Executive VP
John M. Carbahal Independent Director