Second-quarter profit declined from a year earlier even as loans, deposits and book value per share increased; the bank cited commercial loan growth, improved credit quality and contributions from Beacon Wealth.
First Northern Community Bancorp reported net income of $10.6 million, or $0.64 per diluted share, for the six months ended June 30, 2026, up 16.4% from $9.1 million, or $0.55 per diluted share, a year earlier. Second-quarter net income was $4.7 million, or $0.29 per diluted share, down 13.5% from $5.5 million, or $0.33 per diluted share, in the year-earlier quarter. Total assets reached $1.93 billion at June 30, 2026, while total net loans including loans held-for-sale rose 2.7% year over year to $1.09 billion and deposits increased 1.7% to $1.69 billion. The company said growth was led by commercial lending, non-accrual loans fell 7.1% to $4.6 million, and investment and brokerage services income rose 141.3% from a year earlier following the fourth-quarter 2025 acquisition of Beacon Wealth. First Northern also said it remained well capitalized under regulatory definitions and highlighted its April 24, 2026 Nasdaq Capital Market uplisting and June 29, 2026 addition to the Russell 3000 Index.