DIXON, Calif.--(BUSINESS WIRE)--
First Northern Community Bancorp (ticker symbol FNRN: OTCQB), holding
company for First Northern Bank, today announced that at the May 16,
2013 Organization Meeting of the Board of Directors of First Northern
Community Bancorp and First Northern Bank, John M. Carbahal was elected
to a 3-year term as Chairman and Foy S. McNaughton was elected to a
1-year term as Vice Chairman. They bring to their new positions 30 years
of combined directorship experience with First Northern.
John M. Carbahal Chairman of the Board (Photo: Business Wire)
Carbahal has served on the Board since July 1996. He was named Vice
Chairman of the Board in 2009 and currently serves on the Directors’
Audit, Compensation, and Loan Committees, and is Chairman of Directors’
Nominating & Corporate Governance Committee. McNaughton has served on
the Board since 2000 and currently serves as Chairman of the Directors’
Audit Committee and as a member of both the Loan and Compensation
Committees.
Carbahal is a Certified Public Accountant and co-founder of Carbahal &
Company, Inc., an Accountancy Corporation located in Davis, Calif. For
the past 29 years, Carbahal & Company has been named as one of the Top
25 Accountancy Firms in the Sacramento area by the Sacramento
Business Journal. Carbahal earned a B.S. in Business Administration
from California State University, Chico and an MBA in Taxation from
Golden Gate University in San Francisco.
Carbahal is a member of the Davis Sunrise Rotary Club, past president of
the Winters Rotary Club, and a member of the California Society of
Certified Public Accountants, as well as the American Institute of
Certified Public Accountants. He has served as president of the Yolo
County Chamber of Commerce, past president of the Yolo County Land
Trust, and past board member for both the California Bicycle Museum and
the U.S. Bicycle Hall of Fame. Carbahal is also a former community
college accounting instructor. Carbahal’s professional affiliations
include memberships in Beta Alpha Psi, a national accounting fraternity,
and the Yolo County Farm Bureau.
McNaughton is the President and Chief Executive Officer of McNaughton
Newspapers, a group of community newspapers that include the Davis
Enterprise, Daily Republic (Fairfield), Mountain Democrat (Placerville),
Winters Express and Life Newspapers (El Dorado County). He also serves
as the company’s Chief Financial Officer. McNaughton has served on the
board of directors of many community groups such as the Davis and
Fairfield Chambers of Commerce and Rotary Clubs. He is past president of
the Travis Regional Armed Forces Committee, Sutter Davis Hospital and
the Fairfield Community Services Foundation.
First Northern’s other directors, and the year in which they joined the
Board, are: Lori J. Aldrete – 1995, Frank J. Andrews Jr. – 1993, Patrick
R. Brady – 2013, Gregory DuPratt – 1996, Diane P. Hamlyn – 1985, Richard
M. Martinez – 2011, Owen J. Onsum – 1996, David W. Schulze – 1978, and
Louise A. Walker – 2011.
First Northern has 10 full service branches located in Dixon, Davis,
West Sacramento, Fairfield, Vacaville, Winters, Woodland, Downtown
Sacramento, Roseville, and Auburn. The Bank has a full-service Trust
Department in Sacramento, and in April 2013, it opened a commercial
lending office in Walnut Creek. The Bank also offers 24/7 real estate
mortgage loans, SBA loans, and non-FDIC insured investment & brokerage
services at each branch location. Real Estate Mortgage Loan offices are
located in Davis and Roseville, and real estate loan representatives are
available to meet customers at any of the Bank’s branches by
appointment. The Bank specializes in relationship banking and employs
experts in the area of small business, commercial, agribusiness, and
real estate lending, as well as wealth management, and is rated as a
“Superior” 5-Star Bank by BauerFinancial Inc. (www.bauerfinancial.com).
The Bank can be found on the Web at www.thatsmybank.com.
Forward-Looking Statements
This press release may include certain “forward-looking statements”
about First Northern Community Bancorp (the “Company”). These
forward-looking statements are based on management’s current
expectations and are subject to certain risks, uncertainties and changes
in circumstances. Actual results may differ materially from these
expectations due to changes in global political, economic, business,
competitive, market and regulatory factors. More detailed information
about these risk factors is contained in the Company’s most recent
reports filed with the Securities and Exchange Commission on Forms 10-K,
10-Q and 8-K, each as it may be amended from time to time, which
identify important risk factors that could cause actual results to
differ materially from those contained in the forward-looking
statements. The financial information contained in this release should
be read in conjunction with the consolidated financial statements and
notes thereto included in the Company’s most recent reports on Form 10-K
and Form 10-Q. The Company undertakes no obligation to update these
forward-looking statements to reflect events or circumstances arising
after the date on which they are made. For further information regarding
the Company, please read the Company’s reports filed with the SEC and
available at www.sec.gov.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130521007035/en/
First Northern Bank
Kimberly A. DeBra, 707-678-3041
EVP/Corporate
Communications
Source: First Northern Community Bancorp & First Northern Bank