DIXON, Calif.--(BUSINESS WIRE)--
First Northern Community Bancorp (ticker symbol FNRN: OTCQB), holding
company for First Northern Bank, today announced that Lori J. Aldrete
was elected to a 2-year term as Chairman and Foy S. McNaughton
was elected to a 1-year term as Vice Chairman during a May 19, 2016,
Organization Meeting of the Board of Directors. Together, they bring to
their new positions nearly 40 years of directorship experience with
First Northern.
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Lori J. Aldrete, Chairman (Photo: Business Wire)
Lori Aldrete is the owner of Aldrete Communications, a regional
public affairs, marketing and communications firm headquartered in
Davis, Calif.Ms. Aldrete is also the Executive Vice President/Chief
Operating Officer of Aldrete Enterprises. Ms. Aldrete joined First
Northern’s Board of Directors in 1995; she chairs the director’s
Nominating & Corporate Governance Committee, and is a member of the
director’s Compensation, Information Services Steering, and Loan
committees.
Ms. Aldrete holds a Master of Business Administration from California
State University, Sacramento and a bachelor’s degree in Communications
from Michigan State University.
Ms. Aldrete has held senior executive management positions for large
healthcare organizations in Sacramento and San Francisco. She worked in
the business and communications fields for more than 35 years. Ms.
Aldrete helped found and operate more than five successful small
business ventures since 1977. During the past 20 years, she has worked
with or served on numerous boards, including the United Way California
Capitol Region.
Foy McNaughton has served as President and Chief Executive
Officer of McNaughton Newspapers since 1985; he also operates as the
Company’s chief financial officer. The newspaper group includes the
Davis Enterprise, Daily Republic (Fairfield), Mountain Democrat
(Placerville), Winters Express, Georgetown Gazette and Life Newspapers
(El Dorado Hills, Folsom, and Cameron Park). Mr. McNaughton has served
as publisher of the Daily Republic since 1995. McNaughton Newspapers
employ more than 250 people locally.
Mr. McNaughton joined First Northern’s Board of Directors in 2000, and
served as Vice Chairman of the Board from 2013 to 2014. He is a member
of the director’s Audit, Information Services Steering, Loan and
Nominating & Corporate Governance committees.
Mr. McNaughton has served on the board of directors of 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: Frank J. Andrews Jr. – 1993, Patrick R. Brady – 2013, John
M. Carbahal – 1996, Gregory DuPratt – 1996, Barbara Hayes – 2016,
Richard M. Martinez – 2011, Owen J. Onsum – 1996, David W. Schulze –
1978, and Louise A. Walker – 2011.
About First Northern Bank
As the Sacramento Region’s local leader in small-business lending and
customer satisfaction, First Northern specializes in relationship
banking. Experts are available in small-business, commercial, real
estate and agribusiness lending, as well as mortgage loans. The Bank is
an SBA Preferred Lender. Non-FDIC insured Investment and Brokerage
Services are available at every branch location through First Northern
Advisors, including Dixon, Davis, Fairfield, Vacaville, West Sacramento,
Sacramento, Winters, Woodland, Roseville and Auburn. The Bank has a
full-service Trust Department in Sacramento and a commercial lending
office in Walnut Creek. Real estate mortgage and small-business loan
officers are available by appointment in any of the Bank’s branches.
First Northern is rated as a Veribanc “Blue Ribbon” Bank for the
earnings period of Dec. 31, 2015 (www.veribanc.com).
The Bank can be found on the Web at www.thatsmybank.com,
on Facebook
and on LinkedIn.
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 any
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160607006781/en/
First Northern Bank
Kimberly A. DeBra, 707-678-3041
EVP/Corporate
Communications
Source: First Northern Community Bancorp