FNRN

#3383
First Northern Community Bancorp
16.9 7 USD
+0.02%
Market Price
Sektor: Finanzen
Basis: USD
Gewinnwährung: USD
Tagesspanne
16.97
16.97
Jahresspanne
14.41
19.25
Tagesänderung
+2.04%
Monatliche Änderung
-8.17%
6 month change
+8.09%
Jahresänderung
+8.09%
Vorheriger Schlusskurs
16.6 3
Open
16.9 7
Tief
16.9 7
Hoch
16.9 7
Volumen
59
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Financials

Übersicht Finanzbericht Statistik Documents

2026

Quarterly report, Q2 FY2026
FIRST NORTHERN COMMUNITY BANCORP quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
FIRST NORTHERN COMMUNITY BANCORP current report, Q2 FY2026
8-K
Current report, Q2 FY2026
FIRST NORTHERN COMMUNITY BANCORP current report, Q2 FY2026
8-K
Current report, Q2 FY2026
FIRST NORTHERN COMMUNITY BANCORP current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
FIRST NORTHERN COMMUNITY BANCORP quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
FIRST NORTHERN COMMUNITY BANCORP current report, Q1 FY2026
8-K
Current report, Q1 FY2026
FIRST NORTHERN COMMUNITY BANCORP current report, Q1 FY2026
8-K
Current report, Q1 FY2026
FIRST NORTHERN COMMUNITY BANCORP current report, Q1 FY2026
8-K
Current report, Q1 FY2026
FIRST NORTHERN COMMUNITY BANCORP current report, Q1 FY2026
8-K
Current report, Q1 FY2026
FIRST NORTHERN COMMUNITY BANCORP current report, Q1 FY2026
8-K

FIRST NORTHERN COMMUNITY BANCORP current report, Q3 FY2017

Full document

Business Context and Reporting Period

This Form 8-K filing by First Northern Community Bancorp covers events occurring on July 20, 2017, with the report dated July 26, 2017. The filing addresses corporate governance and executive compensation matters rather than routine financial reporting.

Key Financial Metrics

The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The only financial metric referenced is the Company's return on equity, which serves as the performance goal for executive awards but is not quantified in this document.

Material Changes

The primary material change reported is the amendment and restatement of the Executive Deferral Plan to allow for executive retirement and retention award contributions. Additionally, two new Executive Retirement/Retention Participation Agreements were approved for specific officers.

Guidance, Outlook, and Management Commentary

  • Executive Compensation: The Board approved supplementary awards for Jeremiah Smith (Chief Financial Officer) and Joe Danelson (Chief Credit Officer). The award size is tied to the achievement of annual performance goals, specifically the Company's return on equity for 2017.
  • Vesting Conditions:
    • Joe Danelson: Fully vested on his 65th birthday if continuously employed. Accelerated vesting (100%) occurs upon termination without cause, voluntary resignation for good reason, death, disability, or within 24 months of a change in control.
    • Jeremiah Smith: 50% vested upon becoming Chief Executive Officer and the remaining 50% on his 65th birthday. Accelerated vesting (100%) occurs under similar termination conditions as Mr. Danelson. Additionally, if anyone other than Mr. Smith replaces Louise Walker as CEO, Mr. Smith's awards vest immediately at 100%.
  • Deferral: Executives have deferred 100% of these awards into the Executive Deferral Plan.

Investor Verification Checklist

  • Verify the specific return on equity targets set for 2017 to determine potential award payouts.
  • Review the full text of the amended Executive Deferral Plan for details on investment options and withdrawal restrictions.
  • Monitor succession planning for the CEO role, as the appointment of a successor other than Mr. Smith triggers immediate vesting of his awards.
  • Check subsequent filings for the actual financial performance against the return on equity goal.