Aldrete and McNaughton Elected to Lead the Board of First Northern Community Bancorp

Lori J. Aldrete, Chairman (Photo: Business Wire)

DIXON, Calif.--()--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.

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.

Contacts

First Northern Bank
Kimberly A. DeBra, 707-678-3041
EVP/Corporate Communications

Contacts

First Northern Bank
Kimberly A. DeBra, 707-678-3041
EVP/Corporate Communications