FIRST NORTHERN COMMUNITY BANCORP Business Summary

First Northern Community Bancorp (FNRN) operates as the holding company for First Northern Bank, a California-based institution that generates revenue primarily through net interest income derived from a diverse portfolio of loans and investment securities. The company’s business model is centered on relationship-driven community banking, with primary segments including commercial and industrial lending, commercial real estate, and a specialized focus on agribusiness. Supplemental revenue is generated through non-interest income streams such as wealth management, mortgage brokerage services, and deposit account fees. FNRN maintains a strong market presence in the Sacramento Valley and North Bay regions, positioning itself as a high-touch, localized alternative to large national banks. Its primary direct competitors include Westamerica Bancorporation (WABC), Five Star Bancorp (FSBC), and Bank of Marin Bancorp (BMRC), against whom FNRN competes by leveraging deep regional expertise and an SBA Preferred Lender status. Leadership is currently spearheaded by President and Chief Executive Officer Jeremiah Z. Smith, who assumed the role in January 2023 after serving as the bank’s CFO and COO; he holds a finance degree from California State University, Sacramento, and is an alumnus of the Pacific Coast Banking School. The executive team includes Executive Vice President and Chief Financial Officer Kevin M. Spink, who oversees financial reporting and capital management, and Executive Vice President and Chief Human Resources Officer Libby Feyh. The Board of Directors is led by Chairman Sean P. Quinn and was recently strengthened by the February 2026 appointment of Jean-Luc Servat, a veteran investment banker with 45 years of experience in strategic M&A and capital markets. Founded in 1910, the company remains deeply rooted in its Northern California footprint, with a board composed of regional business leaders ensuring alignment with local economic development.