First Northern Community Bancorp Submits Application for Nasdaq Capital Market Listing

Key Highlights

• Application Submitted: First Northern Community Bancorp (OTCQX: FNRN), parent of First Northern Bank, has officially submitted an application to list its common stock on the Nasdaq Capital Market, aiming to uplist from the OTCQX Market.
• Strategic Focus: The company is working to meet Nasdaq’s quantitative and corporate governance requirements. There is no guarantee the application will be approved, but the move reflects a strong commitment to disciplined growth and enhanced investor visibility.
• Potential Stock Movement: If the application is approved, FNRN’s shares will trade on the Nasdaq Capital Market, discontinuing trading on the OTCQX Market. This could significantly impact liquidity, visibility, and potentially valuation of the stock.
• Leadership Statement: President and CEO Jeremiah Smith regards the application as a major milestone, underlining organizational progress and the intention to deliver long-term value to shareholders.
• Bank Profile: First Northern Bank, headquartered in Solano County, California, is an independent community bank specializing in relationship banking and serving multiple counties. It offers expertise in small business, commercial, real estate, and agribusiness lending, and is an SBA Preferred Lender.
• Financial Ratings: The bank is recognized as a “Green-3 Star Blue Ribbon” bank by Veribanc and a “5-Star Superior” bank by Bauer Financial for the period ended September 30, 2025.

What Shareholders Need to Know

• Potential for Increased Liquidity and Visibility: Moving to the Nasdaq Capital Market would expose FNRN to a broader investor base, potentially increasing trading liquidity and analyst coverage.
• Possible Price Sensitivity: The application itself may generate investor interest and impact share price expectations. However, actual uplisting is contingent on meeting all necessary requirements and regulatory approval.
• No Guarantees: While the company is actively working to fulfill listing requirements, there is no assurance that approval will be granted. Shareholders should monitor developments closely as any update—approval or rejection—could move the share price.
• Continued Commitment: Despite strategic shifts, the company emphasizes its ongoing dedication to disciplined growth, strong governance, and service to local communities.
• Risk Factors: Forward-looking statements in this release are subject to numerous risks, including regulatory, market, and economic factors. Shareholders are encouraged to review recent SEC filings for a detailed discussion of potential risks.

About First Northern Bank

Established in 1910, First Northern Bank operates 14 branches across Solano, Yolo, Sacramento, Placer, Colusa, and Glenn counties, as well as the west slope of El Dorado County. The bank provides a full suite of lending and investment services, with small-business and real estate loan officers available by appointment at all branch locations. Non-FDIC insured investment and brokerage services are also accessible at every branch.

The bank’s strong ratings from both Veribanc and Bauer Financial for the most recent period reflect its financial health and stability. For more information, investors can visit thatsmybank.com or call (707) 678-7742.

Forward-Looking Statements

This news release contains forward-looking statements regarding First Northern Community Bancorp’s strategic initiatives and potential uplisting to Nasdaq. Actual results may differ significantly due to changes in economic, competitive, or regulatory factors. Investors are urged to review the company’s most recent SEC filings for comprehensive risk disclosures.

Media Contact

Mike Webber
Senior Vice President and Director of Marketing & Communications
(916) 570-1235
[email protected]

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. The information is based on publicly available data and forward-looking statements that involve risks and uncertainties.

View FIRST NORTHERN COMMUNITY BANCORP Historical chart here