First Northern Community Bancorp (FNRN)

FNRN Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	55.52	55.39	52.2	42.32	39.21	40.57
Interest Income on Investments	24.1	23.26	21.92	13.57	7.97	8.3
Total Interest Income	79.61	78.65	74.12	55.88	47.18	48.86
Interest Paid on Deposits	14.67	14.29	7.58	1.19	0.91	1.48
Net Interest Income	64.94	64.36	66.54	54.7	46.26	47.38
Net Interest Income Growth (YoY)	-1.49%	-3.28%	21.65%	18.23%	-2.35%	0.52%
Gain (Loss) on Sale of Investments	-0.25	-0.23	-0.11	-0.15	-0.22	0.3
Other Non-Interest Income	4.44	4.48	4.74	5.27	4.9	3.9
Total Non-Interest Income	5.97	6.02	6.44	6.93	7.86	7.81
Non-Interest Income Growth (YoY)	-7.93%	-6.54%	-7.11%	-11.83%	0.69%	8.50%
Revenues Before Loan Losses	70.91	70.38	72.98	61.63	54.13	55.19
Provision for Loan Losses	0.9	-0.25	1.1	0.9	-1.5	3.05
Revenue	70.01	70.63	71.88	60.73	55.63	52.14
Revenue Growth (YoY)	-2.23%	-1.74%	18.36%	9.17%	6.69%	-4.04%
Salaries and Employee Benefits	22.81	23	25.09	23.55	22.17	22.51
Occupancy Expenses	3.54	3.51	3.11	2.44	2.28	2.39
Amortization of Goodwill & Intangibles	0.8	0.82	0.83	-	-	-
Selling, General & Administrative	7.37	7.38	7.23	6.34	6.07	5.55
Other Non-Interest Expense	8.64	8.08	7.37	6.73	5.69	5.04
Total Non-Interest Expense	43.15	42.79	43.64	39.06	36.2	35.48
EBT Excluding Unusual Items	26.85	27.84	28.24	21.67	19.43	16.66
Other Unusual Items	-	-	1.41	-	-	-
Pretax Income	26.85	27.84	29.65	21.67	19.43	16.66
Income Tax Expense	7.43	7.81	8.09	5.78	5.24	4.5
Net Income	19.43	20.03	21.55	15.88	14.19	12.16
Net Income to Common	19.43	20.03	21.55	15.88	14.19	12.16
Net Income Growth	-4.48%	-7.05%	35.70%	11.97%	16.65%	-17.39%
Basic Shares Outstanding	16	16	16	16	16	16
Diluted Shares Outstanding	16	16	16	16	16	16
Shares Change (YoY)	-0.39%	0.16%	0.40%	-2.66%	-0.18%	-0.13%
EPS (Basic)	1.23	1.26	1.35	1.00	0.87	0.74
EPS (Diluted)	1.21	1.24	1.34	0.99	0.86	0.73
EPS Growth	-3.64%	-7.46%	35.28%	14.95%	17.35%	-17.36%
Effective Tax Rate	27.65%	28.04%	27.30%	26.69%	26.97%	27.01%

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.