DIXON, Calif.--(BUSINESS WIRE)--First Northern Community Bancorp (OTCQB:FNRN), holding company for First Northern Bank, announced that at their recent 2017 Organization Meeting of the Board of Directors of First Northern Community Bancorp and First Northern Bank, Richard M. Martinez was elected Vice Chairman of the 11-member Board. He joins Chairman, Lori J. Aldrete who is in her second year of her three-year term in leading the Board. Together they represent 28 years of combined directorship experience with First Northern.
Martinez has served on the Board since March 2011. Currently, he is Chairman of the Bank’s Compensation Committee. He also serves on the Directors’ Loan Committee, the Nominating and Corporate Governance Committee, and the Asset/Liability Committee.
Martinez, who holds a Bachelor of Science Degree in Agriculture from California State University at Chico, is a partner in Triad Farms, a diversified row crop farm that operates property in Solano and Yolo Counties. He has been responsible for the financial management of the farming operations for over 30 years. Martinez served for 20 years as a director of the Dixon Resource Conservation District and also served as the Chairman of the Dixon Joint Powers Authority for regional drainage. He remains active in many agricultural and natural resources related associations and advisory committees, and has extensive knowledge of the local agriculture community.
First Northern’s other nine 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 A.
Hayes – 2016, Foy S. McNaughton – 2000,
Sean P. Quinn – 2016, Mark
C. Schulze – 2017, and Louise A. Walker – 2011.
An independent community bank headquartered in Solano County since 1910, First Northern Bank 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, which include: Auburn, Davis, Dixon, Fairfield, Roseville, Sacramento, Vacaville, West Sacramento, Winters, and Woodland. The Bank has a full-service Trust Department in Sacramento and a commercial lending office in Walnut Creek. Real estate mortgage and commercial loan officers are available by appointment in any of the Bank’s branches. The Bank is rated by Veribanc as a “Blue Ribbon” Bank (www.veribanc.com), an “Excellent” 4-Star Bank by BauerFinancial Inc. (www.bauerfinancial.com), and a “Super Premier Performing Bank” by The Findley Reports. 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 and its subsidiaries (the “Company”). These forward-looking statements are based on management’s current expectations, including but not limited to statements about market conditions and current expectations about strategic focus and competitive advantages, 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 and 10-Q, 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, and any reports on Form 8-K. 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.
